Archive for February 3rd, 2020

5 Mining Operations Command More Than 50% of BTC’s Network Hashrate

February 3, 2020 | By | Reply | 44 Readers More
5 Mining Operations Command More Than 50% of BTC’s Network Hashrate

The cryptocurrency community has been discussing mining centralization after a report was published that disclosed five mining operations command more than 50% of the BTC hashrate. At the time of publication, between F2pool, Poolin, Btc.com, and Antpool, the pools are hashing more than 59% of the BTC network hashrate. Also read: Bitcoin Verde’s New Project […]

Read More

Next Generation: Bitfinex Launches Lightning Network Bitcoin Deposits On Its Mobile App

February 3, 2020 | By | Reply | 35 Readers More
Next Generation: Bitfinex Launches Lightning Network Bitcoin Deposits On Its Mobile App

The Hong Kong-founded popular cryptocurrency exchange, Bitfinex, has recently launched the newest version of its mobile app, which comes with Bitcoin deposits utilizing the Lightning Network. The update for the mobile app comes less than two months since the exchange added support for the Lightning network to its web platform. The Lightning Network Comes On […]

Read More

Bitcoin Cash’s new development fund proposal raises questions of sustainability

February 3, 2020 | By | Reply | 44 Readers More
Bitcoin Cash’s new development fund proposal raises questions of sustainability

The Bitcoin Cash [BCH] ecosystem’s development fund proposal has faced a lot of backlash recently. The most contentious part of the entire episode was the “no-debate” clause which stated that any miners who didn’t support the soft fork would risk having their blocks orphaned. While many crypto-proponents have criticized the way the proposal was put […]

Read More

Bitcoin Options Registers ATH Of $1.5 Billion On Deribit As Exchange Launches New Product

February 3, 2020 | By | Reply | 55 Readers More
Bitcoin Options Registers ATH Of $1.5 Billion On Deribit As Exchange Launches New Product

Deribit Bitcoin (BTC) options hit an all-time high turnover totaling $1.5 billion dollars on Monday. This represents the highest monthly dominance in BTC options by Deribit exchange, which contributes to over 86% of the total open interest. Deribit announces launch of daily BTC options, bullish for BTC? Deribit exchange Bitcoin (BTC) options recorded the highest […]

Read More

Tezos Skyrockets To 19-Months High, Breaking The $2.00 Mark: XTZ Analysis & Price Prediction

February 3, 2020 | By | Reply | 38 Readers More
Tezos Skyrockets To 19-Months High, Breaking The $2.00 Mark: XTZ Analysis & Price Prediction

Following the breakout of the $2 mark, Tezos’s price could reach $2.5 in a few days if buyers continue to show interest. Against Bitcoin, an inverse head-and-shoulder pattern could produce a massive rise for Tezos in the short-term. Tezos is the best-gainers over the last 24-hours among the top 20 cryptocurrencies by market cap. XTZ/USD: […]

Read More

Coronavirus Outbreak Forces Chinese Crypto ASIC Manufacturers to Delay Orders

February 3, 2020 | By | Reply | 45 Readers More
Coronavirus Outbreak Forces Chinese Crypto ASIC Manufacturers to Delay Orders

Bitcoin mining rig deliveries from China are delayed due to the coronavirus according to a few Chinese manufacturers. Microbt and Ebang sent notices to customers via the firm’s Wechat channels. Sources say Bitmain and Innosilicon are delaying mining device shipments as well. Also read: How to Obscure Bitcoin Cash Transaction Data by Leveraging Cashfusion Microbt […]

Read More

4X Faster Crypto Transactions: Welcome To MIT’s Spider Off-Chain Routing Scheme

February 3, 2020 | By | Reply | 44 Readers More
4X Faster Crypto Transactions: Welcome To MIT’s Spider Off-Chain Routing Scheme

For more than a decade, there has been one major issue thwarting the adoption of cryptocurrency: transactions simply take too long. Fortunately, researchers at MIT have now announced that they have developed a more efficient system for routing cryptocurrency transactions, which they have dubbed “Spider.” According to ComputerWorld, MIT researchers are able to use this “Spider” […]

Read More

Mastercard CEO Reveals Why The Company Left Libra

February 3, 2020 | By | Reply | 45 Readers More
Mastercard CEO Reveals Why The Company Left Libra

Mastercard Chief Executive Officer Ajay Banga explained his concerns about Libra in a Feb. 3 interview with the Financial Times. He bashed Libra for its lack of transparency while arguing that national payment systems are “really stupid.” Mastercard was one of the founding members of the Libra association, along with Visa, PayPal and Stripe. All […]

Read More

Stellar Lumen (XLM) Price Rally Could Gain Momentum Above $0.066

February 3, 2020 | By | Reply | 37 Readers More
Stellar Lumen (XLM) Price Rally Could Gain Momentum Above $0.066

Stellar lumen price is rising steadily and it is trading nicely above $0.0620 against the US Dollar. XLM price is currently facing a short term resistance near $0.0660. There is a major ascending channel forming with support near $0.0625 on the 4-hours chart (data feed via Kraken). The pair could rally significantly once there is […]

Read More

Bitcoin Futures Open Interest Exceeds $4 Billion: Over 60% Rise In 2020 Led By BitMEX and OKEx

February 3, 2020 | By | Reply | 44 Readers More
Bitcoin Futures Open Interest Exceeds $4 Billion: Over 60% Rise In 2020 Led By BitMEX and OKEx

So far, 2020 has been a remarkably positive year for Bitcoin. Not only has the price of Bitcoin increased by 30%, but the Global Bitcoin Futures market open interest has noted a massive 60% growth as well. In the meantime, BitMEX and OKEx are still the most widely-used Bitcoin margin trading exchanges, with over 50% […]

Read More