NEO price has reawakened again, rising to above $12 counter to the trend of Bitcoin (BTC) and other altcoins. This is the second significant run for the project following the recent announcement that China was taking a more lenient policy on crypto assets and planning new legislation in 2020. NEO rose to $12.14, growing by Read more…
The Bitcoin rally late last Friday added a dramatic 42% gain to its peak at above $10,000. The days before that saw seemingly disconnected “whale” transactions going to exchanges. Chinese Traders Not the Whole Story But then, the markets were on fire, with the common cause seen as “the Xi Effect”. The recent statement by Read more…
Yesterday, Bitcoin (BTC) plunged by $300 in literal minutes, falling to as low as $9,200 after consolidating in and around $9,500. There were many saying that this flash crash-esque move validated their bearish analyses, which implied that BTC would return to the $8,000s in the coming days. However, true to the volatile nature of the Read more…
Bitcoin (BTC) and crypto markets have been on fire over the past twelve hours or so. A $55 billion cash injection has lifted them out of the doldrums in one of the largest pumps in recent history. Crypto Twitter is rejoicing the move which has been largely down to the comments of one powerful man. Read more…
Just as Bitcoin (BTC) trading was becoming ‘boring’, a flash crash has erased as much as $500 in rapid-fire selling. Byte Tree CEO, James Bennet, says that this sudden decline was the result of a significant drop in network velocity. Loss Deepened Within Minutes BTC slid from above $8,200 at the start of the day, Read more…
Bitcoin (BTC) mining uses up as much electricity as Austria in a year, at 73.12 TW/h, shows data collected by Digicomist.com. This exorbitant energy use is viewed as one of the strongest arguments that mining is an activity extremely damaging to the environment. But is that entirely true? Bitcoin Mining Achieves Synergy with Hydroelectric Stations Read more…
Luxury electric car maker, Karma Automotive, now has a Bitcoin (BTC) payment option for its models. The firm is now ahead of Tesla, which has so far only toyed with the idea proposed by the crypto community. BTC Payments Part of the VIP Package Karma now offers new buyers and old customers the opportunity to Read more…
Bitcoin is currently directionless – but the sea change is always around the corner. Back in 2015, BTC saw an unexpected pump where it broke above the $300 level for the first time. Halloween Pump Marks Historical Breakthrough In 2015, BTC broke its bounds and reached prices above $300 in what became known as the Read more…
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…
Tokyo-based crypto exchange Coincheck has launched a program that will allow users to pay for gas using bitcoin (BTC). Coincheck Debuts Bitcoin Rebate Promo The Japanese crypto trading giant announced the move in a press statement issued on Friday (October 4, 2019). The program is a result of a partnership between Coincheck and a couple Read more…