Bitcoin Cryptocurrency News

Crypto Market Looks Primed for Bearish Q4 as Trading Slumps

The state of the crypto market is positively dire right now, as trading across various retail and institutional platforms show marked declines. Despite hopes of halloween rallies and historical bull markets, everything seems to be pointing towards a bearish Q4. P2P Bitcoin Transactions Register a Drop Bitcoin’s price is currently consolidating after a whirlwind of Read more…

Bitcoin Cryptocurrency News

Institutions Definitely Here, Grayscale Reports Best Quarter Ever For Crypto Trusts

The markets may indicate otherwise as day traders turn bearish and start to sell again. But institutional investment products such as the Grayscale crypto trusts are growing in popularity as its latest performance report proves. Quarter of a Billion Into Crypto Since their peak this year, crypto markets have lost $160 billion in terms of Read more…

Bitcoin Blockchain Cryptocurrency News Uncategorized

Bitcoin’s Smallest Unit ‘Satoshi’ Gets Added To Oxford Dictionary

It’s official – Satoshi, the smallest divisible unit of bitcoin, is now an English word. While it has been used for years among the crypto community, the Oxford English Dictionary (OED) added the term earlier this month. Now It’s Satoshi’s Turn to Refresh English Language The crypto community requires new words to explain different aspects Read more…

Bitcoin Cryptocurrency News

Bitcoin (BTC) is a Superior Currency That Frees People: Tim Draper

Bitcoin (BTC) is a superior currency that frees people, commented venture capitalist Tim Draper in an interview with The Bitcoin of Crypto Street. BTC frees people and is a cheaper and frictionless way to send funds globally. BTC: Not Tied to Government or Geography Draper previewed various forms of currencies in the history of the Read more…

Bitcoin Cryptocurrency News

IRS Will Ask If You Own Cryptocurrency on its New Income Tax Form 1040

The US Internal Revenue Service (IRS), a bureau of the Department of Treasury, recently added a question regarding cryptocurrency ownership to its standard 1040 income tax form for the upcoming tax filing season. A draft of the “Additional Income and Adjustments to Income” section of the latest 1040 form was released. It included a change Read more…

Bitcoin Cryptocurrency News

10 Years Since The First Bitcoin Transaction: 5050 BTC For $5

It’s safe to say that Bitcoin has come a long way since it was first introduced to the public. Interestingly enough, exactly 10 years ago on this same day, the first market transaction took place. Let’s have a look at how it went and where we are today. Bitcoin 10 Years Ago Exactly 10 years Read more…

Bitcoin Cryptocurrency News

Bitcoin Millionaires, BTC Addresses Holding 1000+ Coins On The Rise

Despite a fall this year of around 40%, many Bitcoin price metrics are still overwhelmingly bullish. The number of addresses holding over 1000 coins, and the number of BTC millionaires have both increased this year alongside network health indicators such as hash rate. Bitcoin Whale Addresses Hits High The number of BTC addresses holding more Read more…

Bitcoin Cryptocurrency News

Bitmain, Canaan Launch New Miners in Preparation for the Bitcoin Halving

This article was originally published by 8btc and written by Lylian Teng. On October 9, 2019, the China-based cryptocurrency mining giant Bitmain launched its two latest Antminer 17 models to an eager market. On the very same day, another leading ASIC producer, Canaan, also rolled out its next-generation bitcoin miner A11 series. Both new mining Read more…