Tag Archives: btcusd

A new post published on May 4th on Medium details in-depth Craig Wright’s alleged plagiarization of his PhD thesis. Wright was originally awarded his PhD by Charles Sturt University in 2017, many years after the publishing of the Bitcoin whitepaper in 2008.His thesis is titled The Quantification of Information Systems Risk: A Look at Quantitative Responses to Information Security Issues. Community members speculate that if the plagiarism accusations gain ground, they could prompt the academic...

Days before the third-ever Bitcoin halving, the interest towards the primary cryptocurrency has surged, according to Google trends. The phrase “buy Bitcoin” is getting very close to the previous two-year high levels of June 2019’s bull-run and the March 12 dump of this year.Buy Bitcoin Search Volume IncreasesSignificant attention is heading Bitcoin’s way, as can be seen on Google trends. “Buy Bitcoin” searches have increased to the highest point since April 2018.Buy Bitcoin Google Searches...

After reaching over $9400 a few days ago, the Bitcoin price corrected down to the Golden Fibonacci level at $8400, and since then, BTC is trading mostly around the $8600 price range.As can be seen on the following 4-hour chart, there is a lower highs trajectory on the short-term timeframe, getting closer to the crucial $8400 support, which is the low from Thursday, the correction after the huge Wednesday’s rally.The Weekly Timeframe Since 2015This is an excellent opportunity to look at the...

Bitcoin continues to receive serious mainstream attention as it was featured in the premiere episode of the fifth season of the popular Wall Street drama Billions. The show has mentioned cryptocurrencies more than once before. Unfortunately, though, almost all the references are rather negative where crypto is used mainly for money-laundering purposes.Bitcoin Featured On BillionsBillions is a popular financially-centered Wall Street drama following the clash between a ruthless US Attorney...

Months after India’s Supreme Court lifted a 2-year-old directive against cryptocurrency usage in the country, the Reserve Bank of India (RBI) is still not cooperating with digital asset businesses. Several exchanges have requested clarifications from the bank regarding their status as the scrutiny from lenders continues.Crypto Exchanges Contact RBIA local report from today indicated that digital asset exchanges are still unclear regarding their stance. Therefore, many platforms have written...

Bitcoin intelligence, data, and analytics firm Glassnode found the Bitcoin hash rate hit a new all-time high over the weekend, ten days before the Bitcoin halving event.In other words, miners are putting more computational power into maintaining the Bitcoin network. Because miners must venture electricity and capital intensive computer processors to mine Bitcoin, the increase in hash rate is a bullish sign. It means miners are after the Bitcoin rewards they get from maintaining the network....

According to a new study, the total trading volume of cryptocurrency derivatives has increased dramatically by over 300%.At the same time, BitMEX’s leadership position in the field has been challenged by Huobi, OKEx, and Binance.Derivatives On The RiseAnd amid the most apprehensive days of uncertainty prompted by the eventual aftermath of the COVID-19, the cryptocurrency market went through a substantial losses. Most assets plunged by as much as 50% in mid-March.During these times of hyper...

The recent Bitcoin price increases, and the upcoming halving have brought back media attention. CNBC recently explained the upcoming halving and made a bold prediction claiming that BTC could surge soon.CNBC Believes Bitcoin Will SurgeBitcoin made an appearance on CNBC’s Fast Money on Friday following the recent price surge. Crypto-friendly expert, Brian Kelly, outlined his views on the current situation and explained the halving:“As the whole world is quantitative easing (QE), Bitcoin is...

The latest price developments helped Bitcoin’s price to recover following the massive sell-offs in mid-March. However, while most features of the cryptocurrency market have reclaimed previous positions, a few are still showing weak charts.Bitcoin Price Recovered Since Black ThursdayThe year started quite positively for Bitcoin and the entire cryptocurrency market. Interest, trading volumes, and ultimately prices were soaring.BTC reached its yearly high in February at around $10,500. And when...

Tether, the issuer of the dollar-pegged stablecoin USDT, is in the limelight again as the company’s treasury minted fresh USDT worth more than a billion dollars in a single month.Tether Mints 1.6B USDT in April.From April 1, 2020, to April 30, accumulated records from Whale Alert, a platform that tracks large crypto transactions from and to exchanges, revealed that the Tether Treasury printed a total of 1.58 billion USDT worth just shy of $1.59 billion.Tether minted 480 million USDT tokens in...