Tag Archives: btcusdt

Bitcoin had a very lucrative few days of trading as its price increased with roughly $1,000 since the halving took place. As it pushed above $9,500 today and its dominance increased, however, large-cap altcoins continue to suffer and fail to claim serious ground.Bitcoin Price Pushes Above $9,500At the time of this writing, Bitcoin’s price is pushing above $9,566 and it reached a daily high of $9,590 on Binance. The cryptocurrency started pushing hard last night as it took down important...

Bitcoin’s halving is behind us, and its price is nothing but soaring. Moreover, BTC is surging while legacy markets continue their downturn, strengthening the narrative that the cryptocurrency keeps on decoupling.Bitcoin Price Soars 9% in Less Than Three DaysBitcoin’s halving took place a little more than 48 hours ago. At the time, BTC was trading at around $8,550, and it currently changes hands at over $9,300, while the current daily high touched $9400 on Bitstamp. This marks an increase of...

Phemex, a cryptocurrency exchange, has launched a premium membership program that allows zero-fee spot trading starting from May 15th, 2020. Users will be able to trade as much as they want without incurring additional fees as long as they purchase a Premium membership.. Moreover, all current users of the exchange will receive a 7-day Premium membership trial. Zero-Fee Cryptocurrency Spot TradingPhemex exchange is the first one in the derivatives and spot market to offer zero-fee trading on...

According to a recent report, the New York Digital Investment Group (NYDIG) has sold nearly $140 million in a little-known Bitcoin fund. Formally called NYDIG Bitcoin Yield Enhancement Fund LP, it’s described as a pooled investment fund that began selling just last week.Bitcoin Fund Selling $140MPer the report from Forbes, NYDIG, which previously received a BitLicense from the state of New York in 2018, disclosed selling nearly $140 million in the previously unknown fund in a Form D filing...

The self-proclaimed Satoshi Nakamoto, Craig Wright, took the opportunity to publish a blog post on May 11, the day of the third Bitcoin halving, to warn his opponents in the Bitcoin space and beyond that, the axe is now in his hand – and it’s about to fall hard.The Axe Swings for TheeThat’s according to Wright’s latest rant titled, How the World Works; or, A Discourse on Fake News, in which he takes swings at Bitcoin, crypto YouTubers, John McAfee, Ira Kleiman, the “fake news” media, and much...

Peter Schiff’s blind skepticism toward Bitcoin would be better applied to the mainstream media. The self-professed ‘gold-bug’ and vocal Bitcoin critic speculated that cryptocurrency advocates would be eagerly anticipating Paul Tudor Jones’ appearance on CNBC on May 11.Schiff said Bitcoiners would be hoping for a price pump, following revelations that the hedge fund manager recently revealed he had bought into Bitcoin.Schiff tweeted:“It looks like #Bitcoin pumpers are front-running the Paul...

The American multinational investment bank, JPMorgan, has taken two popular cryptocurrency exchanges as banking customers. According to a recent report, the giant bank has approved Coinbase and Gemini in April, and transactions are starting to be processed now.Cryptocurrency Adoption From JPMorganPer a Wall Street Journal report from today, JPMorgan Chase & Co has started accepting clients from the cryptocurrency industry. The bank has approved the largest US-based exchange with over 30...

Block 630,000 was mined yesterday, and with it, the third Bitcoin halving was successfully completed. From here on, miners will receive 6.25 BTC for adding new blocks to the network.The hours before the event were fairly turbulent for BTC’s price, but it seems that it has calmed down, at least for now.Bitcoin Price Steady Following The HalvingA bit more than 15 hours after Bitcoin’s halving took place at block 630,000, the price seems relatively stable. At the time of the event, BTC was...

The Bitcoin halving just took place, and the final block revealed a secret message which harkens back to Bitcoin’s genesis block. The last block mined before Bitcoin’s block reward was cut in half contained the following message in its coinbase:“NYTimes 09/Apr/2020 With $2.3T Injection, Fed’s Plan Far Exceeds 2008 Rescue.”The message is a direct reference to the message included by anonymous Bitcoin creator Satoshi Nakamoto in the first block ever mined, the Genesis block:Satoshi’s first...

The most anticipated event in the cryptocurrency community has finally occurred as the Bitcoin network just produced block number 630,000.The Bitcoin halving will reduce the daily supply, the inflation rate, and the block rewards for miners. It has also raised serious discussions around the price of BTC.2020 Halving CompletedAfter months of increased discussions and speculation, the third-ever Bitcoin halving just took place at block number 630,000.Naturally, it brings a significant amount of...