Stay informed with Blockchain Today. Enable desktop notifications.

Bitcoin (BTC) News


Here, on Blockchain Today, You will find everything related to Bitcoin and blockchain technology: daily fresh news, informative articles, and press releases. We help to understand the structure of blockchain protocols and digital assets, providing only accurate information based on facts.

Join us, subscribe to our website, enable desktop notifications and we will always keep You updated. You can also find us on social media. Let's follow the developments of the crypto industry together.


Bitcoin report

Report: Bitcoin's on-chain activity increased in May by 21%

by

The average daily value transferred through the Bitcoin blockchain increased in May from $1.75 billion to $2.25 billion. Ethereum's corresponding figure rose from $1.49 billion to $1.66 billion. This is reported by The Block. The graph below shows that the daily moving value almost reached the...

Coinbase

Reason for Coinbase failures was a 5-fold rise in traffic

by

Coinbase, the largest cryptocurrency exchange in the United States, said that its systems could not cope with a huge surge in traffic amid the rapid rise in bitcoin prices to $ 10,000 in early June. In a Coinbase blog post published on June 6, it said that the exchange experienced a 5-fold surge in...

Bitcoin mining

Bitcoin mining time drops to 7 minutes amid rising hash rate

by

The activity of miners in the BTC network increased sharply after another recalculation of complexity. This is evidenced by three key indicators indicated by venture investor Alex Thorne. Over the past week, the bitcoin hash has increased by about 30%, reaching 126.5 EH/s. Thus, this indicator was...

miners sell Bitcoin

Miners are selling previously earned bitcoins to cover costs

by

Faced with a decline in income after the May halving, miners again began to sell more bitcoins than they currently earn. This is stated in a new report by Arcane Research. A metric proposed by analysts called Miner’s Rolling Inventory [MRI] tracks the difference between the number of coins that...

Mining pool

Amount of computing power brought Binance pool to 11th line

by

In April, the mining pool owned by the Binance team began work. The first block in the BTC network it got on April 24. That was announced by the head of the trading platform, Changpen Zhao. On the eve of Twitter, he posted a post in which he noted that Binance Pool took eighth place in the ranking...

India

A surge in bitcoin transactions was recorded in India

by

Recently, the Supreme Court of India lifted the Reserve Bank’s ban on crypto services by local financial organizations. Internet users took the court decision as a relaxation of pressure on the industry and sharply increased investment in bitcoin. An inflow of capital was recorded by the Paxful...

Square Crypto grant Talaia

Square Crypto gave a new Lightning Network development grant

by

Jack Dorsey's Square Crypto announced the allocation of another grant for the development of Bitcoin's Layer 2 network, Lightning Network's infrastructure. It was received by the Spanish developers' team Talaia, working on the service The Eye of Satoshi. The Eye of Satoshi is the so-called...

Bitcoin crypto exchange

Every sixth bitcoin is stored on crypto exchange wallets

by

The balance of the largest exchanges has 3.1 million BTC ($29.3 billion), or about 16.5% of the market supply of the first cryptocurrency. It is reported by The Block. Since February 9, when this volume was 3.43 million BTC (or almost every fifth bitcoin), today the figure has decreased by 10%....

Yuan

FXCoin strategist: the fall of Yuan will lead traders to BTC

by

In the expert environment, the number of supporters of such a point of view is growing that further depreciation of the Chinese currency will force traders to massively switch to bitcoin. Among such analysts, FXCoin strategist Yasuo Matsuda stands out. In his opinion, a surge in cryptocurrency...

Bitmain Antminer T19

Bitmain introduces Antminer T19 for Bitcoin mining

by

Bitmain, a leading manufacturer of mining equipment, has launched the new Antminer T19 device. It is suitable for mining BTC and other crypto coins on the SHA256 algorithm. Key features of the model:...

Bitcoin commission halving

The average size of commissions in the Bitcoin network fell

by

Almost three weeks after the halving, the commissions on the bitcoin network dropped to the indicators recorded immediately before this event. According to Bitinfocharts, on May 27, the average commission size fell to $2.40, although seven days earlier it exceeded $6.6. Over the past two days, this...

Vitalii Antonenko Bitcoin fraud

Man faces 20 years in jail for laundering $94 million in BTC

by

Vitalii Antonenko, a New Yorker, faces 20 years in prison and a large fine for a number of crimes using bitcoin. This was reported on the website of the US Attorney's Office. Antonenko is accused of a series of cybercrimes with the aim of stealing information about bank cards. According to...

Bitcoin

Bitcoin commission decreased by 54%

by

Over the past 5 days, the average commission for transactions in the Bitcoin network has decreased by 54%, however, some observers believe that network congestion may push investors to altcoins. A week ago, the average transaction fee made a jump to the level of February 2018, but since then, it...

Laszlo Hanyecz pizza

Laszlo Hanyecz spent on pizza more Bitcoins than expected

by

American developer Laszlo Hanyecz, who went down in the history of bitcoin as the person who made the first documented purchase using cryptocurrency, said he actually spent significantly more than 10,000 BTC on pizzas. On May 22, 2010, Hanyecz purchased two pizzas for 10,000 BTC. Traditionally, on...

China

Chinese BTC owners will be able to pass coin by inheritance

by

A bill on the inheritance of Internet property, including cryptocurrency, has recently been submitted to the Chinese government. Proponents of the adoption of such a document emphasize that the conditions for amending civil law on inheritance are already ripe. That was reported by local media,...

Grayscale

Grayscale predicts bitcoin gain after CBDC launch

by

The launch of central bank digital currencies (CBDC) will increase the demand for bitcoin in the global market, analysts at Grayscale say. They note that central bank tokens are regulated instruments. They can be applied within certain boundaries and according to the rules approved by the...

Goldman Sachs

Goldman Sachs will hold a conference on investing in BTC

by

On May 27, Goldman Sachs will hold a telephone conference on the prospects for the US economy and the impact of the current crisis on assets such as gold and bitcoin. The event will be hosted by Goldman’s Investment Strategy Group IT Director Sharmin Mossavar-Rahmani, Harvard University Economics...

Alexis Ohanian bitcoin

Reddit founder announced the onset of crypto spring

by

The current state of the digital currency industry allows us to talk about the advent of "cryptocurrency." An important role in this is played by not even a significant increase in the price of bitcoin since the March market crash, but rather progress in the development of blockchain...