Binance, a leading crypto exchange, announced on Monday the launch of its much-anticipated Bitcoin mining pool. The mining pool will support both PoW and PoS consensus mechanisms for mining. Dubbed Binance Pool, it will be integrated with the exchange’s ecosystem of products including spot exchange, derivatives products, lending services, and Read more…
Twitter and Square CEO Jack Dorsey who has made absolutely no secret of his love for cyrptocurrency over the years says Bitcoin for him is like poetry. Praising The Bitcoin whitepaper that was published in 2008 by Satoshi Nakamoto (a name used by the presumed pseudonymous person or the group who developed Read more…
Once the Bitcoin rewards halving goes through on May 12, the annual inflation rate of the cryptocurrency will be about half of the global average. As crypto analyst Mati Greenspan noted on Twitter on April 26, the annual inflation of Bitcoin (BTC) will fall from 3.65% at the time of press to 1.8% once Read more…
Bitcoin starts the week following a bullish weekend. Just as anticipated, Bitcoin broke above the $7600 to a new price high since the devastating collapse on March 12. As of writing these lines, Bitcoin marks $7800 (Bitstamp) as the new high. Following our previous BTC analysis from Saturday, we can see that Read more…
Cryptocurrency critic Peter Schiff has slammed the Bitcoin community for trying to portray Mark Cuban’s $130 BTC stash as an endorsement. In fact, Schiff believes that this infinitesimal amount accepted by Cuban-owned Dallas Mavericks proves “the opposite.” Basketball fans are not keen on Bitcoin Cuban, who became a billionaire by selling his Read more…
Recently, one Bitcoin fan won a virtual NASCAR race — featuring the current NASCAR Cup Series Drivers’ Champion Kyle Busch — in a white and orange car that was covered with the Bitcoin logo. The NASCAR Cup Series is the top racing series of the National Association for Stock Car Auto Racing (NASCAR). Kyle Busch is the current Drivers’ Champion; he Read more…
Decentralization is one of the key characteristics that define Bitcoin and its vision of finance. While Bitcoin’s Proof of Work consensus algorithm has proven to be highly secure and robust, there have also been a few downsides that have hindered Bitcoin’s growth. The mining community keeps the network alive, however, increased levels Read more…
The crypto division of analytics firm Weiss Ratings called Tezos (XTZ) and Cardano (ADA) superior to Bitcoin in terms of technology. According to the most recent update to the Weiss Crypto Ratings, tezps and cardano are the top two blockchain projects in terms of technology. Weiss rated both crypto-assets as “excellent” in Read more…
XLM/USD Medium-term Trend: Bullish The cryptocurrency is in a bullish trend zone in its medium-term outlook. The formation of the pin bar hammer at $0.06 in the resistance area at the close of yesterday’s session signal a trend reversal. Hence bear’s brief return. The session opens today on a bearish Read more…
The Bitcoin (BTC) price has seen a strong rebound from $6,800 to $7,600 within a four-day span, recording a 12% increase. Two technical factors are likely to push BTC to $8,000 in the near-term as traders anticipate a strong weekly close. In the upcoming days, the 200-day simple moving average (SMA) found Read more…