Tag Archives: AA News

66% of the entire hashrate of Bitcoin’s network pertains to miners in China, per a recent report. Chinese-controlled hashrate, at the time of this writing, is at its highest point in the past two years according to a popular monitoring resource.China Controls 66% Of Bitcoin’s HashrateAccording to a recent report from Reuters, China is the most prominent player in the field of Bitcoin mining. The country now controls 66% of the network’s hashrate and it’s at its highest point in the past two...

Roger Ver, one of the earliest cryptocurrency advocates and proponent of Bitcoin Cash, has interviewed now-arrested Joby Weeks. The latter has been involved in an alleged cryptocurrency mining scam called BitClub and is now charged with conspiracy to commit wire fraud.Roger Ver Interviewing Jobadiah Weeks in JuneRoger Ver, one Bitcoin Cash’s most exclusive proponents, has done an interview with Jobadiah Weeks back in June 2018. It took place on a yacht and both of them discuss different...

Most of the cryptocurrency market has been trading in the red over the last 24 hours. However, altcoins are seemingly making a slight recovery when looking at the bigger picture, as Bitcoin’s dominance loses 1%.Bitcoin’s price has been ranging between $7,400 and &7,600 in the last few days, but yesterday it marked a slow descent to the current level of $7,200 on Bitstamp.Taking a look at the technical aspects, Bitcoin could be retesting the next significant support level at $7,000. If it...

Mark Cuban has made a fortune by investing in innovative technologies, but this doesn’t mean he loves everything new that comes along. Case in point is cryptocurrency as the billionaire has made his disdain of virtual currencies clear. In an interview with Forbes, he said there is “no chance” that Bitcoin will ever be used as a reliable form of money.Not a FanForbes asked the Shark Tank star if he ever envisioned a future scenario where BTC would be used in a standard, everyday manner. He...

Big four multinational professional services company, Deloitte, has conducted a 2019 survey regarding what executives from big organizations think of blockchain. The data shows that interest in blockchain-based technology is generally increasing.83% Of Executives Believe In BlockchainDeloitte published its annual survey showing what executives think about blockchain and its potential. It was conducted across 1,386 senior executives in large corporations from a dozen countries (The U.S., U.K.,...

One of the more popular projects that had their Initial Exchange Offering (IEO) on Binance Launchpad, MATIC, went through a sudden overnight drop. The token lost upwards of 70% of its value in a violent red candle. Rumors started to circle around the community that the CEO of the project is behind it, but Changpeng Zhao was quick to dismiss it, denying internal involvement and saying that it was panic selling that caused the plunge.MATIC Drops 70% In A DayMatic was among the first projects to...

Good news came from Eastern Europe as the legislative arm of Ukraine, the Verkhovna Rada, has reportedly adopted an amended draft law that seeks to introduce cryptocurrencies as a legal means of payment and investment within the country.According to a report, this development is an effort to work in accordance with the Financial Action Task Force (FATF) global standard for cryptocurrencies, which requires participating countries to provide guidelines for their individual crypto space. The...

Ever since its launch last year, Tezos has done quite a lot to improve its feats and keeps on doing so. As the company appears to continue with innovations and partnerships, some of the community is arguing that Tezos might be skyrocketing soon, resembling Ethereum’s surge from 2017.Is Tezos The New Ethereum?2017 was arguably the most intriguing year among all cryptocurrencies. While Bitcoin’s price skyrocketed to almost $20,000, Ethereum made a remarkable performance, as well. It started the...

Bakkt, the Bitcoin Futures trading platform of the Intercontinental Exchange (ICE), has just announced that it’s rolling out cash-settled Bitcoin futures and monthly options. The platform sees an increasing volume over the past week, signaling further institutional involvement.Bakkt’s Cash-Settled Futures ContractAccording to an official publication by Adam White, COO at Bakkt, the platform has rolled out a cash-settled Bitcoin futures contract.So far, Bakkt was only offering...

Bitcoin trading volume in Argentina has broken the all-time high record again at the start of December. It comes just after the new president-elect has chosen a new cabinet seeking the Peronist agenda and possibly going against IMF’s involvement in the country.Bitcoin Trading Volume At ATHAccording to the popular monitoring resource Coin.Dance, the volume of Bitcoin traded on LocalBitcoins, has surged to a new all-time high during the first week of December 2019. In the past seven days,...