Bitcoin (BTC)

Despite a particularly shaky month, new research suggests that bitcoin miners pulled in a hefty amount of revenue in May – the month of the highly-anticipated third halving.The Halving Didn’t Affect Bitcoin Earnings MuchMay really had everyone up in arms over the halving. The event had people excited just as much as it had them worried. Crypto analysts went back and forth about what would happen following the halving. Crypto would go up very quickly; it would come down with a thundering...

Ethereum fell by a steep 6.7% over the past 24 hours as it drops toward $230.The cryptocurrency was struggling at the $250 level over the first two weeks of June but has remained supported at $225 thus far.Against Bitcoin, Ethereum struggles at the 0.025 BTC level.Key Support & Resistance LevelsETH/USD:Support: $235, $225, $215.Resistance: $250, $265, $274.ETH/BTC:Support: 0.0245 BTC, 0.0243 BTC, 0.0239 BTC.Resistance: 0.0253 BTC, 0.026 BTC, 0.0265 BTC.ETH/USD: Ethereum Losing Battle At...

One of the big worries surrounding the growth of the crypto space is that there is allegedly a lack of institutional investors, but according to the latest data from Fidelity Investments, this may not necessarily be the case.Fidelity: Most Institutional Investors Own Digital CurrencyAccording to the financial firm, roughly 36 percent of institutional players own crypto investments, and most of them own bitcoin, which remains the most popular digital currency. It is widely stated by...

Brian Brooks, the former chief legal officer of Coinbase, was recently appointed to serve as the interim head at the Office of the Comptroller of the Currency (OCC) in the Trump administration.Brooks has shown openness to exploit the merits of blockchain and cryptocurrency at his new position, according to a recent interview.Trump’s Head Of OCC Likes Blockchain And CryptoBrooks served as the chief legal officer of the largest US-based cryptocurrency exchange from 2018 until just recently. He...

Global stock markets are tumbling today as fears of a second coronavirus (COVID-19) wave grow stronger. Reports have it that there’s a rising trend of new cases in the US and across the world, and this has evidently taken its toll on the economy as well.Equities Tumble Amid Fears of Coronavirus ReignitionThe World Health Organization announced that the coronavirus pandemic is worsening across the globe. The number of new cases continues to spiral on and even reached a new all-time high.It...

Elon Musk is at the center of another crypto scam, only this time, instead of the scam occurring via Twitter, the hackers have seemingly taken over Musk’s YouTube account.Musk: Report This as Soon as You See ItMalicious actors appear to have posed as SpaceX on the video-streaming affiliate of Google. Those involved took over two separate accounts and provided footage of Musk speaking at the recent launch that occurred in Florida. The accounts offered a fake bitcoin giveaway, in which viewers...

Chinese national college exams have reportedly included questions about cryptocurrencies in one of the test papers. About ten thousand applicants have to answer a question concerning Bitcoin mining in July this year.“Why Bitcoin Miners Would Cluster In The Province Of Sichuan?”As announced, the question looks for an analysis of the economic geography in Sichuan province and how it reflects on the Bitcoin mining industry in the region. This year’s national college tests’ edition, known as...

The American multinational technology company Microsoft Corp. has launched a beta version of its open-source, decentralized identifiers (DIDs) network on Bitcoin’s mainnet. Called ION, it’s designed to bring back the control of personal information from centralized entities to individuals.Microsoft’s DID Employs Bitcoin’s NetworkThe tech giant explained its decentralized identifiers as a technical component “that makes decentralized identity possible.” It outlined that companies and other...

WhaleAlert has identified another wave of transfers of some of the funds stolen during the Bitfinex hack of 2016. According to reports, the hackers moved a total of 416 BTC ($4,089,151) at around midnight, Wednesday 10, 2020, to multiple unknown Bitcoin addresses.The hackers transferred the coins to 20 different addresses, with each transaction carrying between 15 BTC to 33.3 BTC. Some of the receiving addresses then moved the funds to other unknown addresses.$5.1 Million Moved in 3 WeeksThis...

Der Kurs ist stabil, und damit immer noch knapp unter seiner Breakout-Marke von 10.000 US-Dollar. Die aktuelle politische Lage könnte den BTC jedoch anschieben und die momentane Stagnation beenden.Bitcoin News: Die politische Situation in den USA könnte den Bitcoin beflügelnDer Lockdown hat ein großes Loch in die weltweite Wirtschaft gerissen. Zwar zeigen die bedeutendsten US-Indizes eine V-Kurve, die gerade eine Erholung der Wirtschaft kennzeichnet, jedoch wird diese nur mit einer weiteren...