The average commission on the Bitcoin network has increased by 752%, according to blockchain reviewer bitinfocharts.com. On July 28, sending a bitcoin transaction cost $5.8. A month ago, this indicator was at $0.68. The maximum commission in the network of the first cryptocurrency was in December...
Fidelity analysts have published a report in which they pointed to the growing importance of bitcoin as a tool for preserving capital. They even used the term "insurance policy" to denote the role of bitcoin. The largest cryptocurrency acts as a protector of savings in the face of the...
According to billionaire and Galaxy Digital CEO Mike Novogratz, gold and bitcoin will update their highs soon. The financier expressed this point of view on the air of the CNBC television channel and noted that both assets are the best form of capital preservation in the face of rising inflation....
On July 26, analysts at Glassnode released data suggesting that the current rise in the price of bitcoin above $ 10,000 will be distinct from the last two. The price of bitcoin touched $10,000 several times in 2020, along with the growth of the Glassnode metric called Bitcoin Days Destroyed (the...
Formal Verification analysts in collaboration with Glassnode released a report on the on-chain state of the largest cryptocurrency in the second quarter. Researchers note the growing role of bitcoin as a means of payment. In recent years, both the number of transactions and their average cost have...
Binance CEO Changpeng Zhao says bitcoin will eventually break out of the $ 9000 - $ 9500 corridor, although it is holding steady. On July 19, speaking with Bloomberg Daybreak: Asia, Zhao commented on the cryptocurrency's record-low volatility in the past few weeks, when the coin has been relatively...
The famous Canadian astronaut and fan of blockchain technology Chris Hadfield became the owner of the first bitcoins in his life, symbolically receiving them from a space satellite located 35,000 km from Earth. The event was broadcast during the Asia Blockchain Summit 2020 held last week. The $100...
Prompt moves by cryptocurrency exchanges have allowed users to save at least $300,000 in the recent Twitter hack, Forbes reports. Trading platforms began taking action to counter cybercriminals minutes after the fake tweets appeared, while the first restrictive steps by the social network's...
The head of the investment company Euro Pacific Capital, Peter Schiff, continues to criticize bitcoin via Twitter. On his social media page over the weekend, he published a series of posts in which he tried to explain that BTC is a pyramid scheme. Schiff has repeatedly criticized Bitcoin in the...
Attackers who managed to gain access to the accounts of many celebrities on Twitter transferred the received funds to a separate address. Previously, it was used to send funds to Coinbase and BitPay and CoinPayments services. #TwitterHack @coinbase @BitPay Please check the following Bitco_in...
Grayscale investment company has increased the share of bitcoin and ether in its Digital Large-Cap (DLC) fund due to other comprehensive altcoins. On Twitter, the company announced changes to the DLC in the 2nd quarter of 2020. During this period, the share of bitcoin in the fund increased from 81%...
The energy consumption of BTC miners resumed growth after falling against the backdrop of a halving. This is evidenced by the Digiconomist service. Two weeks after halving, this indicator dropped by 24%, from 77.78 TW·h/year to 57.9 TW·h/year. At the moment, it is 61.44...
The second-largest crypto in terms of capitalization surpassed bitcoin in terms of the growth in the number of active addresses. Since the beginning of the year, their number has increased by 145%, while at BTC this indicator increased by 13%. According to the analytic company Messari, the number...
Bitcoin holders continue to withdraw their coins from cryptocurrency exchanges, the latest Glassnode platform data testifies to this. The trend for the outflow of BTC from trading floors has been dominating since March, that is, after the infamous Black Thursday, when bitcoin collapsed to an annual...
The scale of operations with bitcoin in Argentina continues to grow. That country has already managed to gain a foothold in the ranking of leaders in terms of transaction volumes on the LocalBitcoins platform. Last week, the number of transactions with BTC in Argentina exceeded 101 million pesos,...
During a conversation with businessman Rob Moore, financier Tim Draper again spoke about the benefits of bitcoin. He previously repeatedly expressed his commitment to the first cryptocurrency, but this time he admitted that he owns not only BTC but also some altcoins. Draper evaluates the...
Euro Pacific Capital CEO Peter Schiff tweeted another post praising gold and criticizing bitcoin. The financier published similar messages on a social network earlier. This time, he criticized the so-called BTC hodlers. Hodlers are cryptocurrency holders who do not part with it even when its value...
Israeli blockchain startup Kirobo introduced a technology that prevents the loss of cryptos due to user errors when sending transactions. According to a recent Fio Foundation survey, 55% of respondents are worried about the possibility of making a mistake when sending cryptocurrencies, and 18% lost...