A recent report by Arcane Research said that the correlation rate of Bitcoin with the stock market markedly fell. Experts note that the panic due to the spread of coronavirus and a sudden supply shock led to uncertainty in the financial markets. Because of this, world indices plummeted. Bitcoin,...
Genesis Mining Service Operations Director Philip Salter is convinced that the deepening economic crisis will increase the popularity of Bitcoin as a tool for hedging the risks of the banking system and increase the value of cryptocurrencies. It is reported by Cointelegraph. The manager of the...
Amid the closure of banks due to quarantine in Venezuela, the popularity of bitcoin began to grow again. That's evidenced by the trading volume of BTC on the peer-to-peer platform LocalBitcoins. ...
Bitcoin is recognized as a project with a unique design solution. Fortune Magazine, in collaboration with the Design Institute of the Illinois Institute of Technology, interviewed faculty, influencers, freelance designers, and corporate design teams about creations that they find truly magnificent....
The Chinese counterpart to Twitter, Sina Weibo microblogging service, has been hacked. 538 million Weibo users data was sold on telephone numbers for 0.177 BTC. Private data of users is tied to 172 million numbers, including an identifier, password, gender, geolocation, number of Weibo posts,...
The hashrate of the leading crypto coin network decreased to 82.28 EH/s. Since March 12, when the cost of bitcoin fell to below $5000, the total computing power has lost about 34%. A similar pointer of Ethereum at the same time remains relatively stable since the end of February, although quotes...
Clients of the Italian bank Banca Sella got the opportunity to carry out operations with bitcoin. Transactions go through the Hype platform. The Bank acts as an intermediary to prevent potential security risks when exchanging on crypto exchanges. The platform is already adopted by about 1.2 million...
Unknown persons under the guise of the Solidarity Fund of the WHO are collecting donations in Bitcoins, allegedly to fight against coronavirus. Sophos security researcher Chester Wisniewski posted a screenshot of the attacker's email. In their message, the scammers claim the funds will go to study...
Specialists at the BitMEX crypto-derivative exchange research unit have analyzed the impact of the coronavirus pandemic on financial markets. Analysts say the market’s response to the virus will mark a significant change in the economic structure. The study said that ultimately, with this new...
The head of the successful cryptocurrency exchange Binance, Changpeng Zhao, said that he would not allow the price of BTC to drop to zero. Still worried about #btc going to 0?Don't! So long as I have a penny left, it won't happen.— CZ Binance 🔶🔶🔶 (@cz_binance) March 17, 2020 ...
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,...