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Where will Bitcoin Miners Be Once All Units Are Extracted?

We’ve often heard about how much bitcoin is presently circulating throughout the financial markets. At the time of writing, about 18 million units of BTC have been extracted or mined since the currency was founded, which means that there are only about three million units left.Bitcoin Is Close to Being Fully MinedBitcoin is a finite currency. It cannot be continuously printed or developed the way fiat can, and analysts say there are only about 21 million bitcoin units available to the world....

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Crypto.com Price Analysis: CRO Pulls Back 3% On The Day, Looking for Consolidation

The coin pulls back below $0.12 after increasing by 8% in a week.After a slight breakdown, sellers are now eyeing the 12000 SAT level.CRO remains bullish on the mid-term despite 4% drops overnight.CRO/USD: Price Consolidating After DropKey Resistance Levels: $0.1193, $0.126Key Support Levels: $0.113, $0.105CRO/USD. Source: TradingViewAfter breaking last week’s high at $0.1193, Crypto.com recorded a new high around $0.126 on Tuesday before the price dropped to where it’s currently changing...

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SEBA Releases New Bitcoin Maturity Certificates for Investors

We would love it if all our investments went smoothly and brought us some sort of financial reward. For the most part, there is nothing guaranteed in the world of investing, but according to crypto-friendly financial institution SEBA, perhaps bitcoin investors can make some guaranteed interest here and there.SEBA Brings New BTC Product to the TableThe bank has announced the launch of a new bitcoin product that will allegedly allow investors to earn yield with all their crypto investments. The...

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Satoshi Claimant Craig Wright: Bitcoin In Grips of Communist Takeover

The man who claims to be Satoshi Nakamoto, Craig Wright, took to his blog this week to warn Bitcoin and cryptocurrency developers that “his” invention is not for communists.Wright bemoaned the current trend in the cryptocurrency space, which sees many coins launch with built-in developers funds or pre-mines. According to Wright, this is tantamount to a communist takeover, and simply places all of the risks on the purchaser of such coins – not the development teams themselves.Craig Wright: Dev...

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Ethereum Price Analysis: ETH Sideways Action Around $230 Continues, Huge Move Coming Up?

Ethereum saw a slight price drop today as the coin falls from $250 into the $233 level.Luckily, Ethereum found support at the rising trend line as the buyers battle to remain above.Against Bitcoin, Ethereum is re-testing the strong resistance at 0.0253 BTC.Key Support & Resistance LevelsETH/USD:Support: $225, $215, $210.Resistance: $250, $265, $275.ETH/BTC:Support: 0.025 BTC, 0.0243 BTC, 0.0239 BTC.Resistance: 0.026 BTC, 0.0263 BTC, 0.0266 BTC.ETH/USD: Ethereum Returns To Trend Line...

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Report: Jobless Claims in the U.S. Have Led to a Love of Bitcoin

The record unemployment experienced in the United States has brought about a whole new appreciation and love for bitcoin and its altcoin cousins, new research shows.No Job? Bitcoin Can HelpThe U.S. has witnessed millions of people losing their jobs and filing for unemployment in the wake of the coronavirus pandemic, with weekly filings growing by millions of people at a time. Businesses have had to shut down unexpectedly as President Donald Trump issued a national emergency in late March and...

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Hacking Group REvil Threatens To Leak Information On LeBron James, Nicki Minaj, And Mariah Carey

After hacking a major New York-based law firm, the cryptocurrency-demanding hacking group called REvil has threatened to auction off sensible documents starting from July 1st of celebrities such as LeBron James, Mariah Carey, and Nicki Minaj.REvil To Sell Stolen Documents?CryptoPotato reported in mid-May that the infamous hackers’ group attacked a law firm called Grubman Shire Meiselas & Sacks representing numerous celebrities and large companies in the entertainment business. REvil...

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Federal Judge Pauses $30M SEC Case Against Alleged Crypto Scam

An SEC suit against allegedly fraudulent ICO was recently put on pause by US federal judge. Prosecutors have interfered because a parallel criminal investigation against the alleged scammers was also on the go.The Court Put On Hold A $30 Million Crypto Investment ScamA New Jersey Federal Judge has ordered the pause of SEC’s proceedings against Edith Pardo and Boaz Manor. Recently they were alleged by the Security and Exchange Commission to have raised “over $30 million” through the crypto...

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Users Can Now Buy Bitcoin with Cash in Australia Post Offices

Recent reports have it that Australians can now pay for BTC at the country’s Post offices. This is a result of a newly formed partnership between Australia Post and the local cryptocurrency exchange Bitcoin.com.au.BTC At Australian Post OfficesIt was recently reported that Australia Post and the country’s local cryptocurrency exchange Bitcoin.com.au entered into a partnership. This will result in the opportunity for people to use cash and EFTPOS payments to buy BTC directly from the post...

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$1 Billion Bitcoin Options Expire On Friday: Upcoming Showtime For BTC Price?

The notional value of Bitcoin options contracts set to expire tomorrow has reached a new record by exceeding $1 billion. With such a massive amount, the question remains how and if it will impact the price of the primary cryptocurrency.BTC Option Contracts To The MoonAs CryptoPotato reported shortly after the mid-March panic sell-offs, Bitcoin options trading volume was declining, especially on regulated exchanges. However, the tide has turned since then, according to the cryptocurrency...

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