Chinese Bitcoin (BTC) miners’ share in Bitcoin’s hashrate, or the computational power of the network, shrunk this year when hashrate jumped by 25%, while the US returned to second place, according to the Bitcoin Mining Map created by the Cambridge Centre for Alternative Finance (CCFAF). The map shows the approximate geographic distribution of global Bitcoin…
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Crypto researcher Messari delved into Bitcoin (BTC)’s upcoming third halving, and among investment theses and possible implications, provided the teams’ opinions on major and impactful halving (which also deemed to be ‘a marketing event at best’) narratives. CEO Ryan Selkis believes that the market is underestimating the amount of impact that’ll be created by the…
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Privacy coins have come under a lot of fire in recent times, and many leading anonymity tokens, such as zcash (ZEC), and monero (XMR) have come under fire from regulators, who claim they are the token of choice for terrorists, drug dealers, and money launderers. Many of these tokens have been delisted from major platforms…
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In the past few hours (08:30 UTC), bitcoin price showed signs of bullish continuation at the USD 9,000 level. Should BTC/USD move towards the USD 9,200 resistance, it could continue to rise towards the USD 9,500 level. If not, the price might correct lower towards USD 8,850 or even USD 8,550. Looking at most major…
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Cooling towers at Zaporizhzhia Nuclear Power Station. Ukraine’s plan to offset the financial chaos of the coronavirus pandemic might involve nuclear-powered cryptocurrency mining, says its energy ministry. Yesterday, the country’s Ministry of Energy and Environmental Protection announced that it wanted the country’s four nuclear power plants to look into ways to Read more »Pay, Trade,…
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As Bitcoin (BTC) halving approaches, there’s been a great debate over the results of the past two halvings compared to this third. Digital asset management firm CoinShares looked into the most popular BTC halving hypotheses to see how likely are they to occur in their opinion, and what their impact on the price of BTC…
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Source: Adobe/vladim_ka A new token that allows traders to get short exposure to bitcoin (BTC) without actually shorting the asset has just been announced, with the company behind the innovation saying more tokens are to be rolled out soon as part of what it calls “a new paradigm in cryptocurrency investing.” The new token, dubbed…
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A Dutch Bitcoin (BTC) exchange has become one of the first casualties of a new regulatory procedure that requires many of the nation’s crypto-related companies to register with the central bank or close down. The central bank, the De Nederlandsche Bank (DNB), has set a May 18 deadline for registration after the nation’s parliament voted…
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Recently, bitcoin price corrected lower below the USD 9,000 level. BTC/USD tested the USD 8,550 support zone and it is now (08:30 UTC) recovering higher. There was a break above the USD 8,850 resistance and it seems like the price might gain momentum above USD 9,000. Similarly, there was a decent upward move in most…
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Canada-based major blockchain technology firm Blockstream has launched a new version of their satellite network that broadcasts the Bitcoin (BTC) blockchain around the world and announced satellite kits. Blockstream Satellite 2.0 moved from a custom protocol to a new one (DVB-S2), which is meant to improve signal reliability and spectral efficiency, as well as deliver…
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