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…

Cryptocurrency News Market

Tether (USDT) Launches Digital Yuan Before PBoC

Controversial firm Tether Limited has announced that it is expanding its list of stablecoins by launching an offshore yuan-backed digital currency.  Tether Continues its March The Hong Kong company said in a short blog post that the new stablecoin, known as CNHT, would be pegged one-to-one to the offshore Chinese yuan. Like its popular stablecoin Read more…

Altcoin Crypto Analysis Cryptocurrency News Litecoin

Litecoin loses over 30% of its valuation after halving as hash rate drops by 33%

Litecoin’s hash rate continued to plummet as it entered the third week after its halving on August 5th. According to the popular cryptocurrency stats website, BitInfoCharts, Litecoin’s hash rate on 28th August was 331.4 TH/s, a decline of 33.3% from a hash rate of 458.3 TH/s on the day of halving. In the words of […]

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Bitcoin Cryptocurrency News

Bitcoin Miners Earn More in a Day than BSV and BCH Do in 1 Year Combined

In one day, Bitcoin miners earned up to four times the revenue accrued by their counterparts on the Bitcoin SV and Bitcoin Cash networks combined. Bitcoin is King According to a Friday (August 2, 2019) tweet from “Shakepay,” Bitcoin miners earned $540,000 in transaction fees. This figure is more than four times the $130,000 earned Read more…

Cryptocurrency News Ethereum Market

Ethereum (ETH) is Sound Money, A Triple-Point Asset

Together with Bitcoin, Ethereum is one of the most critical blockchains ever developed.  Ethereum shifted the world’s attention from cryptocurrencies to their underlying technology, the blockchain. Nonetheless, the blockchain has nevertheless faced many challenges, but enthusiasts believe Ethereum (ETH) qualifies as sound money. Throughout history, there have been different models of sound money. The latest Read more…

Blockchain Cryptocurrency News

Verizon Hiring Blockchain Experts for Distributed Network Project

U.S. telecom giant Verizon appears ready to join the blockchain space as its website currently lists 35 vacancies requiring ‘blockchain technology knowledge’. Verizon Joins the Fray A recent LinkedIn post for blockchain-engineers indicates that telecom giant, Verizon, could be in the process of building a blockchain-based product focused on privacy, payments, and security. According to Read more…

Bitcoin Cryptocurrency News

Bitcoin & Beauty Products Powered This Hedge Fund’s Insane 46% Surge

Bill Miller, a former Legg Mason executive and a respected hedge fund manager, has recorded a 46 percent return year-to-date in 2019, with bitcoin and beauty product company Avon as key picks. Miller Value Partners Investors Score 46% Return in 2019 Despite the decline in the price of bitcoin from $14,000 to $9,700 in the Read more…

Bitcoin Crypto Analysis Cryptocurrency News

Bitcoin (BTC) Pausing Rally at $13,000 Isn’t Bearish, Here’s Why

Bitcoin in Reaccumulation? Bitcoin hasn’t been doing too hot as of late. After hitting $13,000 last week, BTC has dipped, as bulls have failed to pick up the pace. Indeed, volumes have begun to drop, sentiment has begun to dip, and Google Trends interest for “Bitcoin” and related terms are on the downtrend. This has Read more…