Simplex payment processor said that during the fall of the price of Bitcoin last week, retail investors increased their cryptocurrency purchase volume by 50%. It is reported by The Block. Bitcoin was the most popular asset among cryptocurrency buyers during March 12-14 it accounted for 59.6% of the...
Amid the collapse of stock markets, investors became interested in buying bitcoin, despite the fact that the crypto market also experienced a serious fall. This is evidenced by data from Google Trends. So, on March 13, the number of search queries “buy bitcoin” jumped sharply to the highest...
An anonymous Bitcoin miner has discovered a wallet with coins that were mined back in 2010, follows from his message on the BitcoinTalk forum. The block reward was then 50 BTC. Opening the topic “Newbie returning after long hiatus", he wrote that he mined “a few bitcoins” when it was...
Former US National Security Agency and CIA agent Edward Snowden, in the midst of falling Bitcoin prices, is thinking about buying a cryptocurrency. “This is the first time in a while I've felt like buying bitcoin. That drop was too much panic and too little reason,” he wrote. This is the first...
The price of the first crypto coin will continue to fall and may bottom out below $1000, according to the legendary trader and tech analyst Peter Brandt. If I interpret the chart without bias, I would say sub $1,000— Peter Brandt (@PeterLBrandt) March 12, 2020 In this way he answered the...
Currently, the bitcoin hash is at 97.9 EH/s, although a little over a week ago, this indicator was 136.264 EH/s. Thus, the decrease in the total network capacity of the leading crypto amounted to 30%. Alejandro de la Torre, Vice President of the Poolin mining pool, noted that the hashrate directly...
Despite the decline in the price of the first crypto coin, its owners prefer to accumulate coins. This is evidenced by the data of the analytical company Glassnode. 📈 #Bitcoin $BTC Number of Addresses holding 1+ coins just reached an ATH of 795,630.000Previous ATH of 795,300.000 was observed on...
Australia's tax regulator will remind crypto traders of tax liability. This will happen by sending emails or regular letters, reports News.com.au. Since cryptocurrencies are considered a form of ownership in the country, they fall under the law on capital gains tax. This means that all operations,...
As a result of another recalculation, the complexity of the first cryptocurrency's mining has risen to a new historical maximum, reaching an indicator of 16.55 trillion hashes. The previous record level of 15.44 T held since January 29. A couple of days ago, The Block noted the possibility of a new...
Today, March 9, the price of the leading crypto coin fell below $ 8,000, pulling a broader market. The chart below shows that the fall was sharp, amid a surge in trading volumes. At some point, BTC touched the $ 7684 mark, then won back a bit. Most popular altcoins fell by more than 10%. So, for...
BTC became a verified exchangeable asset in France. The court of Nanterre determined this on February 26, but the fact became known just now. French court did a judgment after a conflict among two organizations: the French platform Paymium and the British corporation BitSpread. The exchange...
One of the largest Bitcoin conferences Bitcoin 2020 in San Francisco was supposed to take place in late March, but due to the coronavirus, it was postponed to the third quarter of this year. The organizers said the decision to reschedule the conference was made in the light of the state of...
The payment firm Square, as part of an initiative to develop a bitcoin network, provided financing to two developers. Grant time. We’ve got two going out today, plus instructions on how you can get your bitcoin project funded by us. Learn more about our grant process here:...
Extorting 120 BTC, the “client of the WEX cryptocurrency exchange” has submitted new requirements to government agencies of the Russian Federation and now threatens to mine airports and airlines. This is stated in a letter sent to the Petrodvorets District Court of St. Petersburg on March 4....
Despite the fact that the Bitcoin mining industry is still profitable, its environmental impact cannot be underestimated. So, according to a study by PWC blockchain expert and Digiconomist blog author Alex de Vries, 98% of existing equipment will become useless over time and become huge heaps of...
Seattle District Court found Microsoft ex-tester Volodymyr Kvashuk guilty of organizing a fraudulent scheme using crypto. This was reported on the website of the US Department of Justice. From August 2016 to June 2018, the 25-year-old citizen of Ukraine, Kvashuk worked in the team of the Universal...
On February 26, the leading cryptocurrency accelerated the fall, quickly dropping below the $9000 mark. The chart below shows that the decline in prices was accompanied by a surge in trading volumes, which indicates significant pressure from sellers:...
Despite a recent meeting with Tron Foundation CEO Justin Sun and a number of other cryptocurrency industry representatives, well-known investor and Berkshire Hathaway CEO Warren Buffett remains convinced that digital assets are worthless. Sun's expected last year meeting with the often-critical of...