After the second post-halving difficulty adjustment, mining Bitcoin (BTC) has just got easier again, helping miners improve their profit margins. Bitcoin mining difficulty, a measure showing how hard it is to compete for mining rewards, has dropped 9.29% today. This is its second drop in a row, following the 6% one in the second half…
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The Coronavirus pandemic is accelerating the maturity of bitcoin (BTC) as an asset versus the stock market and commodities, and the current BTC market is mirroring the beginning of the previous bull market in 2016, according to a well-known BTC bull, Mike McGlone. In his new report, Senior Commodity Strategist at Bloomberg Intelligence went into…
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Meltem Demirors. Source: a video screenshot, Youtube, Bloomberg Technology Bitcoin (BTC) demand is already outpacing supply, sending another bullish sign to the market, according to Meltem Demirors, Chief Strategy Officer at the crypto asset management firm CoinShares. “We’ve seen a tremendous number of inflows into bitcoin over the last two months alone. One interesting fact…
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With the second post-halving bitcoin (BTC) mining difficulty adjustment set to occur shortly, miners might once again breathe a sigh of relief after the previous such event also made life easier for players in the highly competitive industry. This time, difficulty, a measure showing how hard it is to compete for mining rewards, might drop…
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Pu’er tea. Source: Adobe/昊 周 Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Bitcoin news Bitcoin Core version 0.20.0 has been released and is now ready for launch. Per the release notes, it includes new features, various bug fixes,…
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More than 5,000 email addresses and other personal information obtained from Canadian crypto exchange Coinsquare may be used in SIM swapping attacks. Hackers got their hands on personal data on users from Coinsquare’s database, and Vice’s Motherboard cites one of the hackers saying that "the original intent was to sell it [the data] but we…
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While bitcoin (BTC) is as a decentralized asset, trading in and out of the biggest cryptoasset remains a relatively centralized process, according to a new report from crypto data provider Coin Metrics. Although bitcoin is traded against a range of fiat currencies, stablecoins, and other cryptoassets across both centralized, decentralized, and peer-to-peer markets, major Read…
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South Korea’s Kakao Group, the operator of the KakaoTalk chat app, says that its long-awaited crypto wallet Klip debuts today – in theory providing most of the country with immediate access to cryptoassets. KakaoTalk claims to have around 45 million monthly active users in South Korea (87% of the country’s total population), with up to…
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Amending laws to accommodate the nature of cryptoassets, tracing on-chain transactions, and prohibiting the re-use of deposited bitcoin (BTC) are some of the ways to reduce risks in case a custodian sinks, according to researchers from the Netherlands’ Leiden University. Their recent paper looks into depositing cryptoasset with crypto custodians like centralized Read more »Pay,…
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After staying above USD 10,000 for around half a day, bitcoin (BTC) dropped below this important level once again, in 10 minutes erasing all its gains in the past 24 hours. (Updated at 15:51 UTC: updates throughout the entire article). At pixel time (15:07 UTC), BTC trades at USD 9,557 and is unchanged in a…
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