Whale Sends $300M in Bitcoin for Fee of Only 4 Cents
A Bitcoin whale was spotted sending BTC 48,500 worth USD 300 million for an astonishingly low transaction fee of just 0.00000675 Bitcoin (USD 0.04) on 27 June 2018
Read the full article at https://bitcoinnews.com/whale-sends-300m-in-bitcoin-for-fee-of-only-4-cents/
Topic: BitcoinNews: #1 In Blockchain News - page 49. (Read 4502 times)
100% Success Rate on Bitcoin’s Lightning Network but Only for 3 Cents or Less
A study in the Diar Digital Assets and Regulation Trade Publication calculated the success rate of transactions on the Bitcoin Lightning Network according to the amount of money being sent. Initial results were not satisfactory, with high transaction failure rates, indicating much still needs to be done before the Lightning Network becomes a feasible scalability solution for Bitcoin.
Read the full article at https://bitcoinnews.com/100-success-rate-on-bitcoins-lightning-network-only-for-3-cents-or-less/
A study in the Diar Digital Assets and Regulation Trade Publication calculated the success rate of transactions on the Bitcoin Lightning Network according to the amount of money being sent. Initial results were not satisfactory, with high transaction failure rates, indicating much still needs to be done before the Lightning Network becomes a feasible scalability solution for Bitcoin.
Read the full article at https://bitcoinnews.com/100-success-rate-on-bitcoins-lightning-network-only-for-3-cents-or-less/
Ontario Bitcoin Adoption at 5%, Residents Still Need to Learn More
The Ontario Securities Commission has released figures showing that the Canadian province has a low rate of cryptocurrency ownership.
Read the full article at https://bitcoinnews.com/ontario-bitcoin-adoption-at-5-residents-still-need-more-convincing-to-buy/
The Ontario Securities Commission has released figures showing that the Canadian province has a low rate of cryptocurrency ownership.
Read the full article at https://bitcoinnews.com/ontario-bitcoin-adoption-at-5-residents-still-need-more-convincing-to-buy/
Developer Plans Massive Bitcoin Mobile Airdrop to Ease Venezuelan Crisis
Former Goldman Sachs employee turned developer Jonathan Wheeler has plans to help Venezuelans get their hands on Bitcoin via a massive airdrop, according to Zero Hedge.
Read the full article at https://bitcoinnews.com/developer-plans-massive-bitcoin-mobile-airdrop-to-ease-venezuelan-crisis/
It would seem good news about institutional investment is already rolling in
Former Goldman Sachs employee turned developer Jonathan Wheeler has plans to help Venezuelans get their hands on Bitcoin via a massive airdrop, according to Zero Hedge.
Read the full article at https://bitcoinnews.com/developer-plans-massive-bitcoin-mobile-airdrop-to-ease-venezuelan-crisis/
I am more than sure that in a few months from now when we start seeing good news about bitcoin and blockchain, the price will start to go up without any problems at all, well, lets hope to see it happening.
I am more than confident on bitcoin at the moment
I am more than confident on bitcoin at the moment
It would seem good news about institutional investment is already rolling in
Almost Half of Investors See Bitcoin as World Changing Technology
Visual Capitalist, a digital media company, has put together a report highlighting how investors interact with digital currencies and what might be their future aspirations for the space.
Read the full article at https://bitcoinnews.com/almost-half-the-investors-see-bitcoin-as-world-changing-technology/
Visual Capitalist, a digital media company, has put together a report highlighting how investors interact with digital currencies and what might be their future aspirations for the space.
Read the full article at https://bitcoinnews.com/almost-half-the-investors-see-bitcoin-as-world-changing-technology/
I am more than sure that in a few months from now when we start seeing good news about bitcoin and blockchain, the price will start to go up without any problems at all, well, lets hope to see it happening.
I am more than confident on bitcoin at the moment
I am more than confident on bitcoin at the moment
Crypto Mining Malware on the Rise as Ransomware Declines
A new study by Kaspersky Lab has found that incidents of cryptocurrency related ransomware declined 30% since 2016 from 2.58 million to 1.81 million, while simultaneously cryptocurrency mining malware incidents have risen 44.5% from 1.9 million to 2.74 million. Kaspersky Lab suspects that there is a direct causation between these statistics, they say cybercriminals have turned their backs on ransomware and are embracing cryptocurrency mining. This is because cryptocurrency mining malware supplies botnet masters with a consistent long-term income, as opposed to one-off rewards from ransomware that are much less frequent and come with much higher legal risk.
Read the full article at https://bitcoinnews.com/crypto-mining-malware-on-the-rise-as-ransomware-declines/
A new study by Kaspersky Lab has found that incidents of cryptocurrency related ransomware declined 30% since 2016 from 2.58 million to 1.81 million, while simultaneously cryptocurrency mining malware incidents have risen 44.5% from 1.9 million to 2.74 million. Kaspersky Lab suspects that there is a direct causation between these statistics, they say cybercriminals have turned their backs on ransomware and are embracing cryptocurrency mining. This is because cryptocurrency mining malware supplies botnet masters with a consistent long-term income, as opposed to one-off rewards from ransomware that are much less frequent and come with much higher legal risk.
Read the full article at https://bitcoinnews.com/crypto-mining-malware-on-the-rise-as-ransomware-declines/
Cryptocurrency May Be a Good Addition to Retirement Portfolios
The first Bitcoin individual retirement account (IRA) was approved by the United States Internal Revenue Service (IRS) in 2016; it is appropriately named BitcoinIRA and allows clients to buy actual bitcoins or a certificate that can be redeemed for a certain amount of Bitcoin. This has created a legal and regulated avenue to add Bitcoin to one’s retirement portfolio.
Read the full article at https://bitcoinnews.com/cryptocurrency-may-be-a-good-addition-to-retirement-portfolios/
The first Bitcoin individual retirement account (IRA) was approved by the United States Internal Revenue Service (IRS) in 2016; it is appropriately named BitcoinIRA and allows clients to buy actual bitcoins or a certificate that can be redeemed for a certain amount of Bitcoin. This has created a legal and regulated avenue to add Bitcoin to one’s retirement portfolio.
Read the full article at https://bitcoinnews.com/cryptocurrency-may-be-a-good-addition-to-retirement-portfolios/
Union Square Ventures to Tap Into Potential Trillion-Dollar Crypto Future
The New York-based venture capital firm, Union Square Ventures has announced new investments, including US exchange Coinbase, writes CNBC.
Read the full article at https://bitcoinnews.com/union-square-ventures-to-tap-into-potential-trillion-dollar-crypto-future/
The New York-based venture capital firm, Union Square Ventures has announced new investments, including US exchange Coinbase, writes CNBC.
Read the full article at https://bitcoinnews.com/union-square-ventures-to-tap-into-potential-trillion-dollar-crypto-future/
Bitcoin’s Price Not a Good Indicator of Value or Health
There is an obsession about Bitcoin’s price in the mainstream media, from reports about every single Bitcoin price fluctuation to predictions that Bitcoin’s price will go up by the tens of thousands of dollars or crash to zero in the future.
Read the full article at https://bitcoinnews.com/bitcoins-price-not-a-good-indicator-of-value-or-health/
There is an obsession about Bitcoin’s price in the mainstream media, from reports about every single Bitcoin price fluctuation to predictions that Bitcoin’s price will go up by the tens of thousands of dollars or crash to zero in the future.
Read the full article at https://bitcoinnews.com/bitcoins-price-not-a-good-indicator-of-value-or-health/
Blockchain Technology Will Accelerate Space Exploration
Blockchain technology will accelerate space exploration by making the supply chains which produce the components for space missions more efficient. The National Aeronautics and Space Administration (NASA) is embracing blockchain technology, which will eventually result in the shortening and strengthening of space exploration supply chains.
Read the full article at https://bitcoinnews.com/blockchain-technology-will-accelerate-space-exploration/
Blockchain technology will accelerate space exploration by making the supply chains which produce the components for space missions more efficient. The National Aeronautics and Space Administration (NASA) is embracing blockchain technology, which will eventually result in the shortening and strengthening of space exploration supply chains.
Read the full article at https://bitcoinnews.com/blockchain-technology-will-accelerate-space-exploration/
Australian Banker’s Misinformed Bitcoin Claims Corrected by Experts
Australian Banker Tony Richard has been criticized by experts over his misinformed claims regarding cryptocurrency spouted during his speech at the Australian Business Economists in Sydney, on June 26th.
https://bitcoinnews.com/australian-bankers-misinformed-bitcoin-claims-corrected-by-experts/
Australian Banker Tony Richard has been criticized by experts over his misinformed claims regarding cryptocurrency spouted during his speech at the Australian Business Economists in Sydney, on June 26th.
https://bitcoinnews.com/australian-bankers-misinformed-bitcoin-claims-corrected-by-experts/
More Millennials Shunning Traditional Investment Options in Favor of Bitcoin
The UK real estate developer Get Living recently conducted a survey to determine people’s attitudes towards property investment across cities in the region.
Read the full article at https://bitcoinnews.com/more-millennials-shunning-traditional-investment-options-favor-bitcoin/
The UK real estate developer Get Living recently conducted a survey to determine people’s attitudes towards property investment across cities in the region.
Read the full article at https://bitcoinnews.com/more-millennials-shunning-traditional-investment-options-favor-bitcoin/
Tens of Thousands of Bitcoin Mining Rigs Destroyed In Sichuan Floods
Chinese media platform Global Finance is reporting that tens of thousands of Bitcoin mining rigs have been drowned in floods in Sichuan, China. Apparently, 70% of Bitcoin mining rigs are in China, and 70% of Chinese Bitcoin mining rigs are in Sichuan. This is due to an abundance of cheap hydro-electric power in the region. The Bitcoin mining hash rate actually dropped significantly at the time the floods occurred, from 43.1 exhash/s on 23 June 2018 (the all-time record for Bitcoin mining hash rate) to 30.5 exahash/s on 26 June. Global Finance says the timing of the dip in mining hash rate corresponds exactly with the Sichuan floods.
https://bitcoinnews.com/tens-of-thousands-of-bitcoin-mining-rigs-destroyed-in-sichuan-floods/
Chinese media platform Global Finance is reporting that tens of thousands of Bitcoin mining rigs have been drowned in floods in Sichuan, China. Apparently, 70% of Bitcoin mining rigs are in China, and 70% of Chinese Bitcoin mining rigs are in Sichuan. This is due to an abundance of cheap hydro-electric power in the region. The Bitcoin mining hash rate actually dropped significantly at the time the floods occurred, from 43.1 exhash/s on 23 June 2018 (the all-time record for Bitcoin mining hash rate) to 30.5 exahash/s on 26 June. Global Finance says the timing of the dip in mining hash rate corresponds exactly with the Sichuan floods.
https://bitcoinnews.com/tens-of-thousands-of-bitcoin-mining-rigs-destroyed-in-sichuan-floods/
Former Oxford Grad becomes UK’s First Bitcoin Billionaire at $3.6 Billion
An Oxford graduate living in Hong Kong has been identified as Britain’s youngest Bitcoin billionaire at the age of only 34, according to the Mail Online.
Read the full article at https://bitcoinnews.com/former-oxford-grad-becomes-uks-first-bitcoin-billionaire-at-3-6-billion/
An Oxford graduate living in Hong Kong has been identified as Britain’s youngest Bitcoin billionaire at the age of only 34, according to the Mail Online.
Read the full article at https://bitcoinnews.com/former-oxford-grad-becomes-uks-first-bitcoin-billionaire-at-3-6-billion/
CEO of BitMEX Says Bitcoin Will Hit USD 50,000 By End of 2018
The Co-Founder and CEO of BitMEX, Arthur Hayes, says Bitcoin will hit USD 50,000 by the end of the year after possibly bottoming out in the USD 3,000 to USD 5,000 range. He says Bitcoin is just one positive regulatory decision away from a massive rally. That piece of positive news might be a Bitcoin exchange-traded fund (ETF) being approved by the Securities and Exchange Commission (SEC).
Read the full article at https://bitcoinnews.com/ceo-of-bitmex-says-bitcoin-will-hit-usd-50000-by-end-of-2018/
The Co-Founder and CEO of BitMEX, Arthur Hayes, says Bitcoin will hit USD 50,000 by the end of the year after possibly bottoming out in the USD 3,000 to USD 5,000 range. He says Bitcoin is just one positive regulatory decision away from a massive rally. That piece of positive news might be a Bitcoin exchange-traded fund (ETF) being approved by the Securities and Exchange Commission (SEC).
Read the full article at https://bitcoinnews.com/ceo-of-bitmex-says-bitcoin-will-hit-usd-50000-by-end-of-2018/
Blockchain to Launch an Institutional Investment Platform
Blockchain has announced that they are launching an institutional investment platform named Blockchain Principal Strategies. The CEO and Co-Founder of Blockchain, Peter Smith, says “We are thrilled to debut Blockchain Principal Strategies, an institutional grade platform customized for institutions, family offices, and individual investors. BPS provides clients the opportunity to invest in digital assets with the same peace of mind and security that has become synonymous with the Blockchain name”.
Read the full article at https://bitcoinnews.com/blockchain-to-launch-an-institutional-investment-platform/
Blockchain has announced that they are launching an institutional investment platform named Blockchain Principal Strategies. The CEO and Co-Founder of Blockchain, Peter Smith, says “We are thrilled to debut Blockchain Principal Strategies, an institutional grade platform customized for institutions, family offices, and individual investors. BPS provides clients the opportunity to invest in digital assets with the same peace of mind and security that has become synonymous with the Blockchain name”.
Read the full article at https://bitcoinnews.com/blockchain-to-launch-an-institutional-investment-platform/
Survey: 60% of US Consumers Wished They Invested in Bitcoin
A new study released by CreditCoin shows that more than half of US consumers surveyed who didn’t own Bitcoin or any other cryptocurrency wished they did. Additionally, new cryptocurrency adopters find that the processes of buying digital currency are too complex, and therefore off-putting to those new to the space, writes Benzinga.
Read the full article at https://bitcoinnews.com/survey-60-of-us-consumers-wished-they-invested-in-bitcoin/
A new study released by CreditCoin shows that more than half of US consumers surveyed who didn’t own Bitcoin or any other cryptocurrency wished they did. Additionally, new cryptocurrency adopters find that the processes of buying digital currency are too complex, and therefore off-putting to those new to the space, writes Benzinga.
Read the full article at https://bitcoinnews.com/survey-60-of-us-consumers-wished-they-invested-in-bitcoin/
Iran Looks to Crypto Amid Hyperinflation, Looming Sanctions
The Iranian Rial (IRR) is experiencing a hyperinflation rate of 132% annually and rising rapidly according to calculations by Professor Steve Hanke of John Hopkins University. Now, the Iranian government and the Iranian people appear to be looking to use cryptocurrency as a safe haven as their native fiat currency weakens.
Read the full article at https://bitcoinnews.com/iran-looks-to-crypto-amid-hyperinflation-looming-sanctions/
The Iranian Rial (IRR) is experiencing a hyperinflation rate of 132% annually and rising rapidly according to calculations by Professor Steve Hanke of John Hopkins University. Now, the Iranian government and the Iranian people appear to be looking to use cryptocurrency as a safe haven as their native fiat currency weakens.
Read the full article at https://bitcoinnews.com/iran-looks-to-crypto-amid-hyperinflation-looming-sanctions/
SEC Makes it Easier for Bitcoin ETFs
The United States Securities and Exchange Commission (SEC) has proposed new rules for the approval of exchange-traded funds (ETFs) that makes it more likely that a Bitcoin ETF will soon become a reality. The proposed rules outline a plan that new ETFs can follow to streamline the approval process. This would eliminate the need for ETFs to get a special order from the SEC before they can operate.
Read the full article at https://bitcoinnews.com/sec-makes-it-easier-for-bitcoin-etfs/
The United States Securities and Exchange Commission (SEC) has proposed new rules for the approval of exchange-traded funds (ETFs) that makes it more likely that a Bitcoin ETF will soon become a reality. The proposed rules outline a plan that new ETFs can follow to streamline the approval process. This would eliminate the need for ETFs to get a special order from the SEC before they can operate.
Read the full article at https://bitcoinnews.com/sec-makes-it-easier-for-bitcoin-etfs/
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