BitMEX Long on Bitcoin Development, Increases Grant to $100K

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HDR Global Trading that owns and operates BitMEX is committed to “Bitcoin development is for the long term”. Today, the company announced that it will increase its 2019 grant to Bitcoin core dev Michael Ford to $100,000. BitMEX Ups Core Developer Grant to $100K According to the BitMEX blog, and as tweeted out by BitMEX Research on 31 Mar 2020, the company will be increasing its...

Bitcoin Enters Most Bullish Yearly Quarter, Will 2020 Deliver?

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With the global disruption lately, you may not have noticed that Q1 is coming to an end. But tomorrow kicks off the start of the second quarter–traditionally bullish for Bitcoin. Will 2020 deliver? Will Q2 2020 Be Bullish for Bitcoin Once More? Let’s be honest, investor confidence is hardly at an all-time high. The FDIC putting out material like the below practically begging people...

Binance Enters the South Korean Crypto Market by Launching Binance KR

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Global cryptocurrency exchange platform Binance is entering the South Korean Cryptocurrency platform with the launch of Binance KR. According to a blog post by Binance, the company is planning to launch Binance KR and is paving its way in the South Korean market. The crypto trading platform is launched...

Ripple Launches X-Border App With Thai Commercial Bank

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In a country with more mobile phone subscriptions than people, mobile banking has taken off in Thailand in a big way. After partnering with a fintech remittance company recently, Ripple is now sewing up the Thai market by joining forces with its largest commercial bank, SCB. Ripple to Boost Thai Remittances Further Hot off the heels of its partnership with DeeMoney that allows more than 1 million...

With Traditional Markets in Turmoil, AlphaPoint Transforms Assets

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Sponsored: AlphaPoint is a proven and established portal for accessing the future of wealth.<br />The post With Traditional Markets in Turmoil, AlphaPoint Transforms Assets appeared first on Bitcoin Magazine. from Bitcoin news | Published News | Bitcoin news via TOday bitcoin ne...

I figured out why it’s so difficult to explain the concept of BTC to noobs. Unless you have an understanding of monetary economics and the functioning of money as well as a computer science background, it’s totally boring and beyond the scope of what most people find interesting.

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from Bitcoin news | Published News | Bitcoin news via TOday bitcoin ne...

Bitcoin Price to Crash Back to $3.8K, Veteran Analyst Predicts

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If you&#8217;re taking solace in Bitcoin&#8217;s recovery over the last few days, it may be time to catch your breath. According to one veteran analyst Fil₿ Fil₿, we&#8217;re about to see a Bitcoin price crash to as low as $3.8K. Bitcoin Price Crash Back to $3.8K Hold tight. Things are about to get ugly. Experienced Bitcoin trader Fil₿ Fil₿ posted out his analysis on the price movement...

Ethereum Mining Saved, Bitmain Updates Antminer E3 Firmware

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Ethereum miners no longer need to worry about Antminer E3’s obsolescence coming next month as Bitmain has released a firmware update earlier today. Antminer E3 Was About to Become Useless at Mining Ethereum On Monday, Beijing-based mining equipment manufacturer Bitmain announced that it had updated the firmware of the Antminer E3. This will allow Ethereum miners to continue using the machine without...

Bitcoin Association President Served Subpoena Over Twitter

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The quest for the Bitcoin Association President continues as the law firm representing David Kleiman&#8217;s estate reaches out to Jimmy Nguyen on Twitter. NGUYEN KEEPS BUSY, YET CANNOT BE FOUND On Sunday, attorney Vel Freedman replied to one of Nguyen’s tweets, noting that his firm had repeatedly been unable to serve him with a subpoena related to the case against Craig Wright by Ira Kleiman....

OKCoin Prepares to Launch New Crypto Exchange in Japan

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These are challenging times for many businesses, yet the OK Group is undeterred. OKCoin completed its registration to launch a cryptocurrency exchange in Japan today &#8211; the first global exchange to earn a license in the country. OKCoin to Launch New Exchange in Japan According to an official release, OKCoin Japan Co. Ltd. headquartered in Tokyo completed the registration process to launch...

Roger Ver Gets Blasted Over Coronavirus Tweet

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Roger Ver is known for his vocal and often unpopular opinions. But his latest rant on Twitter hasn&#8217;t won him any more supporters. He posted a chart of deaths by coronavirus from Jan 1 to March 25 comparing it to other common killers like seasonal flu and suicides. He was torn apart by his followers. Roger Ver Takes a Beating Over COVID Views Blatantly disregarding the thousands of people...

Bitcoin News Summary – March 30, 2020

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The post Bitcoin News Summary &#8211; March 30, 2020 appeared first on 99 Bitcoins. <br /> Binance exchange is bringing a new crypto debit card, called Binance Card, to market. While the card currently exists virtually, it will soon be available in plastic form. The card can be funded with either Bitcoin or Binance’s own exchange currency, Binance Coin. The card will be issued by...

Bitcoin To Reach New Highs? Not So Fast!

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A growing number of Bitcoin analysts are sounding the alarm about the need for the flagship cryptocurrency to prove its worth during the current financial crisis. They assert that now is the time for the decentralized asset to prove its resiliency amid an increasingly unstable global economy. Global Conditions Open the Door For Big Gains Tone Vays, a long-time Bitcoin maximalist, has tweeted a video...

Trillions of Dollars in Central Bank Money Printing Makes Powerful Argument for Bitcoin

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Fiat currencies are likely to experience significant inflation due to the trillions of US dollars being printed now to reverse the economic crash Over this past month stocks quickly crashed into a bear market and unemployment numbers in the United States jumped into the tens of millions due to the...

Does Bitcoin Price Follow a ‘4-Year Cycle’?

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Bitcoin and crypto analyst Benjamin Cohen has released a video that takes issue with the cyclical price theories held by many crypto advocates. By examining Bitcoin’s four-year price trends Cohen asserts that the flagship cryptocurrency does not follow such a discernable pattern. Bitcoin Halving May Not Spark A Price Spike Bitcoin has experienced two major periods of significant price growth. Each...

How MakerDAO’s Stablecoin Survived the Crash, Smart Contract Bugs and Full Decentralization

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How do DeFi stablecoins actually work and what happened during the sudden, precipitous drop in crypto prices earlier this month? On today's show Andreas M. Antonopoulos leads us through a very interesting system and how it survived 'Black Thursday'. from Bitcoin news | Published News | Bitcoin news via TOday bitcoin ne...

Trending Bitcoin News and Market Sentiment March 29th, 2020: Top Traders Believe 2020 Will Bring New BTC ATH, Is Infinite Money Silently Supporting the Case for Bitcoin?

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Bitcoin continues to remain in USD 6,000 range for Sunday Traders are predicting a new ATH for Bitcoin in 2020 Crypto influencers question the wisdom of US infinite money supply policies Bitcoin has been trading rather weakly relative to the past few weeks, and continues to remain for most of the...

Ethereum Founder Vitalik Buterin Proposes Decentralized Bitcoin-Ethereum Bridge

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Ethereum Founder says that it is embarrassing that funds still cannot easily be moved in a trustless way between Ethereum and Bitcoin Ethereum Founder Vitalik Buterin has proposed that a bridge be setup between Bitcoin and Ethereum, and says that it is embarrassing that there is not an easy and trustless...

Bitcoin Development Activity is Being Funded by These Players

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A just-released report from Bitmex shows that Bitcoin platform development continues to grow and diversify. A look at key players reflects greater interest in scalability and bringing the flagship cryptocurrency into a position for effective mass use. Multiple Bitcoin Projects Supported The report shows that Blockstream and Lightning Labs have become by-far the top institutions working on Bitcoin...

Bitcoin Activity in South Africa Bigger Than All African Countries Combined: Blockchain Africa Conference

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The Blockchain Africa conference held in March had discussions centered around the prevalence of cryptocurrencies and blockchain in Africa. Education to play a key role in proliferating crypto trading: Binance South Africa country manager The Blockchain Africa Conference held in mid March 2020, the...

Report Shows San Francisco Home to Highest Crypto Owners in US

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A report by CoinTracker revealed that San Francisco has the highest number of crypto owners and it is home to investors with highest average crypto wealth. A report published by CoinTracker revealed the statistics of cryptocurrency ownership in the United States. The findings have been derived from...

Binance to Open Office in Shanghai – Yes, Really

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It looks as if Binance has gone ahead and achieved the impossible. In a landmark move, CEO Changpeng Zhao (CZ) announced that Binance Academy will officially set up an office in Shanghai. Binance reaches &#8216;Milestone&#8217; with Office in Shanghai Taking to Twitter today, CZ applauded the achievement of the Binance Academy team. They were able to reach a &#8220;milestone agreement&#8221;...

Ripple Lawsuit Plaintiffs Put CEO in the Crosshairs

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Plaintiffs have filed an amended complaint against Ripple Labs in their two-year long lawsuit against the blockchain-based company. The modified lawsuit puts new pressure on Ripple CEO, Brad Garlinghouse. BRAD GARLINGHOUSE ACCUSED OF FRAUD The new amendment emphasizes CEO Brad Garlinghouse’s role in misleading XRP investors. It states that the head of Ripple repeatedly told the public that he intended...

Cardano Now More Scalable Than Visa With Ouroboros Hydra Upgrade

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New off-chain Cardano scalability solution can theoretically handle 1 million transactions per second Cardano has launched Ouroboros Hydra, which is an off-chain scalability protocol that has been in development for 5 years. This protocol drastically increases scalability and transaction speed while...

CME Group Explores Bitcoin Mining to Boost Profits for Shareholders

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There’s never a dull day in the cryptocurrency world. The latest curious proposal to come out of the space is from an unlikely candidate. A nominee for CME Group’s board of directors Dante Federighi wants the company to start mining Bitcoin. CME Group ‘Needs to Get in Front of This Trend’ One might not immediately see the link between the established derivatives trading marketplace and a Bitcoin mining...

Bitcoin in Danger of Breaking $6K After Forming Double Top

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Bitcoin has slightly declined during the last 24 hours, according to Coinmarketcap data, but the drop might extend in the coming hours and days. Currently, the BTC/USD pair is trading at $6,616.25 as of 7:47 UTC. Bears Might Take Control of Bitcoin Mood Yesterday, the price couldn’t break above $7,000 on most major exchanges and formed a double top on the hourly chart, which is a well-known bearish...

Bitcoin Cash Miners Leave Network for BTC Amid Difficulty Drop

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It’s troublesome times for everyone right now, not least for miners. But as Bitcoin experiences its second-largest drop in mining difficulty at 15.95%, miners have started abandoning BCH for the leading cryptocurrency. Miners Move After Difficulty Drop Soon after suffering a brutal sell-off inline with traditional markets, and the worst in seven years, the Bitcoin network adjusted its mining difficulty...

3 Things Holding Back Bitcoin Price From $7K Right Now

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Bitcoin has slowly regained value after its major correction two weeks ago. It now appears on the cusp of breaking USD $7,000 yet every gain is followed by a short correction. A series of factors keep preventing it from breaking this important price line.  GLOBAL MARKET UNCERTAINTY Every commodity market has been shaken over the past few weeks. There is no shortage of investors eager to take...

Bitcasino Unleashes A New Kind of User Experience With TronLink Integration

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Bitcasino has leveled up its crypto gaming system with the addition of the super fast and efficient TronLink browser extension, just the latest development for one of the industry’s most popular casino brand under the Coingaming Group. One of its major steps in retaining its many ‘world’s first’ achievements,...

Ripple CEO Voices Outrage Over Fake XRP Scams

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When the co-founder of SPQR Media (and presumably Ripple supporter) alerted Brad Garlinghouse of a fake YouTube account using his name, the Ripple CEO lost his calm. He took to Twitter to call for greater action on scammers, saying &#8220;enough is enough&#8221; and warning &#8220;more to come.&#8221; Ripple CEO Tells YouTube to Crack Down on Scammers When Garlinghouse discovered a...

China Moves a Step Closer Towards Issuing Its Own Digital Currency

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The Chinese central bank completed the technological development aspect of its digital currency, moving a step further towards reality. Amid the Coronavirus pandemic, as countries seek to aggressively tackle the economic slowdown, China has used this crisis as an opportunity to move a step closer...

Craig Wright Defends His Kenyan “I Am Lawyer” Attorney

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Since the coronavirus hijacked the headlines, Craig Wright and his lawsuit have taken a backseat. But, rest assured, the would-be Bitcoin inventor is still battling his corner. Now, he’s officially objecting to the Magistrate’s Order dismissing his Kenyan Lawyer attorney privilege. Craig Wright Objects to Court Ruling In an official objection document in the ongoing case between Kleiman vs. Wright,...
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