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A new poll finds that 72% of bitcoin investors are bullish about the cryptocurrency and will hold onto it even if the price somehow falls to zero. A total of 22,635 votes were gathered for this survey.

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Category: News | Views: 231 | Added by: boss | Date: 18.08.2020 | Comments (0)

U.S. crypto exchange Coinbase will start offering bitcoin-backed cash loans to select customers as early as next month. Investors can borrow up to 30% of the bitcoin they hold on the exchange, or a maximum $20,000, it said.

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Category: News | Views: 200 | Added by: boss | Date: 18.08.2020 | Comments (0)

The fifth and seventh banks largest assets  in the United States U.S. Bancorp and PNC Financial Services Group were among the financial institutions that have reacted to the authorities' permission for banks to hold cryptographic keys from cryptocurrency wallets.

Representatives of the organizations were among those who responded to the proposal of the Office of the Comptroller of the Circulation (OCC) in the US Treasury Department to explain how cryptocurrencies and other fintech tools can find application in the financial sector.

Director of Digital Assets in the U.S. Bancorp Dominique Venturo noted that the OCC and other banking regulators should issue directives regarding the cryptocurrency and DLT services market ... Read more »

Category: News | Views: 222 | Added by: boss | Date: 17.08.2020 | Comments (0)

Riot Blockchain hashrate will increase by 45% after connecting 1000 new Antminer S19 Pro miners from Bitmain.

Riot Blockchain has received one of three batches of miners

Riot Blockchain, Inc. (NASDAQ: RIOT) ("Riot" or the "Company"), has received 1,000 S19 Pro miners, the first of three orders cumulatively totaling 3,040, S19 and S19 Pro Antminers from BitmainTech PTE. LTD. ("Bitmain"), at Coinmint's Massena, New York facility. Deployment of these 1,000 new S19 Pro generation miners has commenced and is expected ... Read more »

Category: News | Views: 212 | Added by: boss | Date: 17.08.2020 | Comments (0)

According to analysts, while Facebook is preparing to unveil its response to bitcoin, China is about to introduce its own digital currency that will allow the government and Central Bank to see what people are spending their money on.

Unlike the libertarian ideals of cryptocurrency, whose anonymity allows users to buy and sell without leaving a digital footprint, China's electronic cash system will be tightly regulated, experts say, and run by the people's Bank of China, the Central Bank.

This "will give the PBOC a deeper understanding of transactions across the country," analysts at Beijing-based research firm Trivium China said.

In late September, Central Bank Gover ... Read more »

Category: News | Views: 385 | Added by: boss | Date: 17.10.2019 | Comments (0)

https://www.layer1.com/

When it comes to bitcoin production, China is the leading power in the world. The people's Republic prides itself on the largest mining companies and dominates the production of chips and other equipment used for bitcoin mining. An American startup wants to change all that with a bold plan to make Texas a global bitcoin mining hub.

On Tuesday, San Francisco-based Layer1 announced It had raised $ 50 million from billionaire Peter Thiel and others to move forward with its plan, which calls for launching its own power plant and acquiring solar and wind power produced in the West Texas plains.

According to co-founder Alex Ligle, the Layer1 facility will ... Read more »

Category: News | Views: 521 | Added by: boss | Date: 17.10.2019 | Comments (0)

By Thursday, September 26, the flagship cryptocurrency stopped declining sharply and is looking for a foothold around $ 8399.

On the weekly chart of bitcoin, we see the completion of the correction movement in the "Triangle" format, since a strong impulse to decline has broken through the previous support, and the current dynamics format takes the form of a classic downward channel. Quotes reached Fibonacci 50% and may continue to decline, says Dmitry Gurkovsky, lead analyst at RoboForex. A break of the resistance level at $ 9850 may signal the end of the correctional phase and the start of a new growth wave to the peak - $ 13 857.2. And after updating the maximum quotes may rise to around $ 15,550.
Additionally, it is ... Read more »

Views: 466 | Added by: boss | Date: 26.09.2019 | Comments (0)

The Bitcoin hash has dropped sharply by 30% - from 98 EH / s to 67 EH / s, according to the information of the Blockchain.com and Coin.dance portals. The amount of computing power is often experiencing sharp fluctuations, but the last decline was the largest in a long time.

According to Coindesk, the Chinese government has begun the liquidation of illegal bitcoin mining enterprises in the Inner Mongolia Autonomous Region. These actions are only part of the plan proposed by the Chinese government in April to completely eradicate digital currency production in the country.

Thus, the restrictive actions of the Chinese authorities have caused a decrease in hashrate, i.e. the total volume of cryptocurrenc ... Read more »

Views: 415 | Added by: boss | Date: 26.09.2019 | Comments (0)

Despite forecasts of a possible appreciation, the most liquid cryptocurrencies on Wednesday, September 25, sharply decline in price.

So, according to CoinDesk at 12:56 the first cryptocurrency was trading at $ 8,360. During the day, bitcoin lost 14.25% in value, falling by more than a thousand dollars.

Experts attribute the collapse of the hashtrate to the disconnection of mining farms in Kyrgyzstan and Kazakhstan.

“In addition, there are versions that such dramatic events unfolded due to the fact that investors did not see a massive increase in bitcoin after the launch of Bakkt and, realizing that the price was too high, they began to get rid of the asset. The reasons will be analyzed, but most likely in the game ther ... Read more »

Views: 529 | Added by: boss | Date: 26.09.2019 | Comments (0)

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