Altcoin Cryptocurrency News

Bitcoin Cash takes over Bitcoin, Litecoin, Ethereum in Australian retail space

Roger Ver’s Bitcoin Cash seems to be stepping up in the race to accelerate mass adoption after the coin recently surpassed Bitcoin in retail spending in Australia. This was found after Bitcoin BCH, an online platform, released a report which tracked the total cryptocurrency usage in Australia for the month of September. The website arrived […]

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Bitcoin Cryptocurrency News

Bitcoin Network Experiences Slowest Block in 5 Years

The Bitcoin (BTC) network produced an unusually slow block, taking 119 minutes to discover the block number. The anomaly is happening despite the record activity of miners. Slow Block May Be a Statistical Anomaly The Bitcoin network has a 10-minute block schedule, and so far keeps within the predetermined time, with only small fluctuations. But Read more…

Bitcoin Cryptocurrency News

Explosive Mining Growth Indicates High Confidence in Bitcoin (BTC)

Bitcoin miners are not giving up, showing immense confidence and working against significant network difficulty. The last difficulty hike from September 13 made it 10.38% less likely for miners to discover a block. But in the meantime, mining pools have been compensated with even more power. Competition Pushes Bitcoin Hashrate Skyward It’s expected that another Read more…

Bitcoin Cryptocurrency News

NBA Star to Convert His $34M Contract into a Digital Investment

An NBA basketball player for the Brooklyn Nets, Spencer Dinwiddie, is converting his multi-million dollars contract into a digital token investment vehicle, according to The Athletic’s sources. Dinwiddie To Securitize NBA Contract The disruptive effects of cryptocurrencies and blockchain technology are permeating all industries and sectors, including the world of sports. Most recently, Shams Charania Read more…

Bitcoin Blockchain Cryptocurrency News

5 Facts About Bitcoin You May Not Know

Bitcoin turned heads when it hit an all-time high price of $20,000 in December 2017. Folks who were already invested in it since the genesis became overnight millionaires and billionaires. Lots became self-proclaimed bitcoin traders and investors. Even then, quite a lot have remained ignorant about a few facts.  For newcomers to Bitcoin and ‘veteran Read more…

Bitcoin Cryptocurrency News

Bitcoin.com Launches New Crypto Exchange

Bitcoin.com has announced the launch of its long-rumoured cryptocurrency exchange today. To distinguish itself in an already crowded marketplace, it is offering promotional deals such as negative 0.3 percent trading fees. Bitcoin.com – A Trusted Brand? Bitcoin.com had been working on the cryptocurrency exchange project for the past year. Managing director of the exchange, Danish Read more…

Cryptocurrency News Ethereum

Ethereum tokens locked up in DeFi apps reach a yearly-high of 2.773 million ETH

In the cryptocurrency space, major assets like Bitcoin, Litecoin, and Bitcoin Cash are generally focused on transactions or payments. However, Ethereum, the 2nd largest virtual asset in the market, also has its own platform where users are able to create their own decentralization applications [dApps]. One category of dApps that have been gaining mass traction […]

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Bitcoin Cryptocurrency News

Bitmain to Increase Hashrate By 50% With 600,000 New Mining Chips

Showing renewed optimism, Bitmain is increasing its investments in the crypto mining industry. Now, Bitmain is reportedly buying 600,000 new crypto mining chips. As a result of this new investment, the company expects to make over $1 billion in profits. Bitmain to Increase its Capacity By 50% Hash rate The battle to produce fast cryptocurrency Read more…