Crypto news

Many people are comparing bitcoin favorably to the centralized banking system of the United States following an interview on “60 Minutes” with U.S. Federal Reserve chairman Jerome Powell.Jerome Powell: We Printed Money DigitallyPowell appeared to discuss the country’s reaction to the ongoing coronavirus pandemic and the issuance of over $2 trillion in federal relief aid to small businesses and American individuals alike. Many people have already received checks of a full $1,200 as required by...

The bitcoin halving has come and gone, and many were worried about the state of bitcoin’s mining operations and how they would handle the coming future. Would mining remain a profitable industry, or would it sink into oblivion never to be heard from again?The Halving: Did It Hurt the Industry?While there are certainly changes the arena must deal with, bitcoin miners and mining machines are still witnessing some profits creeping into the space, suggesting that the recent halving hasn’t...

Crypto exchange BitMEX has suffered an outage this week, and many people are pointing the finger and accusing it of being a “rotten” trading platform.BitMEX Is Having a Tough TimeBased in Seychelles in Africa, the exchange specializes in bitcoin derivatives and has often been labeled a “bitcoin casino” over the years. The crypto trading platform experienced an outage earlier this week that isn’t sitting well with a lot of bitcoin fans, who say that the company is not reliable, and that any...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 886. Heute sprechen wir über folgende Themen: Wilde Spekulationen – 50 BTC aus der Satoshi Ära wurden bewegt & Ist Satoshi Nakamoto zurück? Die heutige Show wird gesponsert von: https://bitwin24.com/coin-fakten/ 1.) 500.000 Dollar in Bitcoin aus der Satoshi-Ära wurden bewegthttps://coincierge.de/2020/500-000-dollar-in-bitcoin-aus-der-satoshi-aera-wurden-bewegt/ 2.) Craig Wright Denies Transferring ‘Satoshi’...

EOS price failed to stay above the $2.700 resistance and declined recently against the US Dollar.The price is now trading below the $2.650 pivot level with a bearish angle.There was a break below a key ascending channel with support near $2.640 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair remains at a risk of more losses towards the $2.400 and $2.300 support levels.EOS price is currently facing an increase in selling pressure against the US Dollar, similar to...

Litecoin price failed to clear the $47.50 level and declined recently against the US Dollar.LTC price is now trading below the $45.00 level, with a bearish angle.There is a key bearish trend line forming with resistance near $46.60 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could correct higher, but it remains at a risk of more losses below $44.00 and $42.00.Litecoin price is showing signs of another bearish wave against the US Dollar and bitcoin. LTC price...

After the restrictions of quarantine are over, the leading U.S. based crypto exchange, Coinbase, will embrace a ‘remote-first’ culture. The remote-first shift has been accelerated with the duty to comply with the six feet apart social distancing measures currently in place due to Coronavirus.Implications for Coinbase EmployeesCoinbase estimates that between 20 – 60% of the company employees will work remotely despite the restrictions of COVID-19 are lifted.Once the proper procedures have been...

Crime and dark web activity have always been big in the crypto space, but as of late, it looks like the numbers in the space have grown exponentially over the past three years.The Dark Web Is Expanding HeavilyAccording to a new report issued by Bitfury – a bitcoin technology firm – dark web activity in the crypto arena has surged by more than 300 percent over the past three years. Furthermore, the number surged by more than 60 percent in just 2020 alone. The report suggests that dark net...

The recently moved 50 bitcoins, which were mined in February 2009, rattled the cryptocurrency community as many members are arguing if Satoshi Nakamoto himself transferred the coins.While these rumors are speculative at best, the address that sent the bitcoins can actually be located in a court document from the notorious Kleiman vs. Craig Wright legal case.Not Satoshi’s 50 BitcoinsAs CryptoPotato reported earlier today, 50 bitcoins mined in 2009 were transferred to an unknown address. The...

With the federal government printing new money every five minutes, many analysts and traders say that the threat of inflation is upon us, but strangely, many are not turning to bitcoin in these troubled times, but rather to gold. Several analysts believe that gold is the answer to many incoming economic troubles.Analysts: Gold Is Stronger than BTCFund manager Crispin Odey, for example, recently commented:Gold is the only escape from global monetizing. In the short term, the money will be made...