Bitcoin (BTC) News


Jered Kenna

An early BTC millionaire loses his love for the industry

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Bitcoin dropped 20% in late September, and one of the earliest Bitcoin millionaires came back to Twitter to talk about this. Jered Kenna is 37 years old, and he used to own thousands of BTCs, which he got for cents. Kenna also managed the initial crypto exchange in the US - TradeHill Inc. In a post...

OhioCrypto suspension

Ohio state stops accepting tax payments in bitcoins

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Ohio Treasurer Robert Sprag announced the suspension of the OhioCrypto.com web service, which allowed companies registered in the region to pay taxes in bitcoins. Ohio opened the opportunity for businesses to pay taxes with cryptocurrency in November 2018. The service was organized in partnership...

bitcoin zero energy

Scientists proposed alter bitcoin with 0 energy consumption

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Scientists from the Lausanne Polytechnic School claim that they have developed an algorithm that will ensure the security of cryptocurrency transactions at the bitcoin level with practically zero energy consumption. According to Professor Rashid Gerraui, unlike the first cryptocurrency, the new...

Is Google’s quantum computing breakthrough threat to crypto?

Is Google’s quantum computing breakthrough threat to crypto?

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On September 20, the FT announced that a paper which was declared by Google researchers informed about a great computing breakthrough. Using this new quantum computer, developers succeeded to complete a calculation in approximately three minutes. This is considered to be the world’s most powerful...

Bitcoin drops lower as cryptos stabilize after earlier fall

Bitcoin drops lower as cryptos stabilize after earlier fall

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During Asia hours, Bitcoin retrieved some of its footings at the time altcoins staged a modest regain after the digital assets plunged overnight in the US. At 2:41 PM in Hong Kong Bitcoin dropped down by 1.2% to $8480, levelling out after a wild ride the preceding day that marked the biggest...

BTC price falls as futures exchange makes its trading debut

BTC price falls as futures exchange makes its trading debut

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On this Monday, 23 September. Intercontinental exchanges debuted selling the first Bitcoin futures contracts. This event was expected to start a brand-new episode in the coin’s turbulent history and the leading coin was supposed to grow in price. But this never happened. As of 11 AM in New York,...

Bitwise SEC BTC ETF

The chance of Bitwise Bitcoin ETF approval by SEC is 0.01%

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The Bitwise's app for the launch of BTC ETFs is extremely unlikely to be approved by the US Securities and Exchange Commission and does not exceed 0.01%, said American lawyer Jake Cherwinski, who specializes in crypto. According to him, VanEck and SolidX withdrew the app to launch a Bitcoin-based...

IFRIC legalization bitcoin

IFRIC did not recognize Bitcoin as legal tender

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Bitcoin and other cryptocurrencies are neither a financial asset nor a legal means of payment, according to the decision of the IFRIC. It is reported by The Korea Times. At an IFRIC meeting this summer, cryptocurrencies were classified as intangible assets - identifiable non-monetary assets that...

As deliverable futures start trading BTC is growing in price

As deliverable futures start trading BTC is growing in price

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Bitcoin is expected to increase in cost. Today is going to be the debut of trading the futures contracts that are proposed by Intercontinental Exchange Inc. which may affect the delivery of the digital currency, a new episode in Bitcoin’s turbulent history. As to industry analysts, the initial...

BTC Lightning Network

Zap Wallet created tool for buying BTC on Lightning Network

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Bitcoin users have a new tool that allows them to instantly purchase coin on the Lightning Network using bank cards. A solution called Olympus was introduced by Zap Wallet developer Jack Mullers. The new tool is designed to bypass complex KYC procedures requiring services like BitPay and Coinbase....

Craig Wright court

Craig Wright request postponement in the case of 500.000 BTC

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Craig Wright, the self-proclaimed first cryptocurrency creator, has requested another adjournment in his case against his former business partner, Dave Kleiman, in which the court ordered him to pay 500,000 BTC to Kleiman's relatives. This is written by the Cointelegraph. Wright’s lawyers filed a...

Wallets with 10 BTC and more updated historical maximum

Wallets with 10 BTC and more updated historical maximum

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The number of bitcoin wallets with a balance of 10 BTC or more reached a historic high. At the time of writing, the distribution of coins is as follows:...

Ripple invest Coinme

Ripple invests in Coinme Bitcoin ATM provider

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Coinme, a U.S.-based cryptocurrency ATM provider, raised $1.5 million. We are thrilled to announce our that @Ripple's #Xpring and the newly established #Blockchain Finance Fund have made investments as part of our recently opened A-1 funding round.Full Release: https://t.co/yjNH4JiQpR...

Thomas Lee: The White House can ban anything, even Bitcoin

Thomas Lee: The White House can ban anything, even Bitcoin

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Fundstrat agency co-founder Thomas Lee said that the Trump administration’s actions regarding electronic cigarette manufacturers prove that the president can ban anything. This is un-related but shows White House can issue an ‘executive order’ banning anything. And could even ban bitcoin. Not...

recession investment btc

40% of millennials invest in crypto in case of a recession

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Two-thirds of American investors fear a looming recession and are ready to transfer their assets to safer funds, including cryptocurrency. This is evidenced by a survey conducted by the eToro social investment platform. Respondents believe that the trade conflict between the US and China, as well...

Gemini Custody Winklevoss

Winklevoss brothers BTC exchange launches custody service

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Gemini cryptocurrency exchange launched a custodial service. Gemini Custody will allow customers to trade assets that are stored offline through instant loans, according to a press release. The service, operated by the regulated custodian of Gemini Trust Company, supports multi-signature...

Opinion: BTC market share'll fall, altcoins season is close

Opinion: BTC market share'll fall, altcoins season is close

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CryptoElliott tech analyst concluded that the Bitcoin dominance index could soon fall. According to his observations, bearish divergences on the chart of the dominance index indicate a high probability of a decrease in the BTC market share. #Bitcoin dominance seems set for a pretty sizable...

btc yuan correlation

The weakening of yuan increased the demand for BTC in China

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The inverse correlation between BTC and yuan increases over time. This may indicate that the Chinese are increasingly considering BTC as a protective asset, according to Bloomberg. Reverse interdependence peaked at the end of August. According to Garrick Hileman, researcher at the London School of...

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