Cryptocurrency News - Page 1366 of 1886

Bitcoin Halving Is in 5 Days, North America’s BTC Miners Could Benefit from China’s Collapse

By Teuta Franjkovic May 6, 2020 • 4 mins read

Bitcoin’s PoW miners continue to dominate the cryptocurrency mining industry both in terms of total revenue and total security spending. Bitcoin miners received $5.5bn in total block rewards, $5.2bn (94.8%) of which were newly minted coins, and $284m (5.2%) of which were transaction fees.

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Ripple in Trouble Again, Faces New Lawsuit for Selling $1.1 Billion XRP as Unregistered Securities

By Bhushan Akolkar May 6, 2020 • 3 mins read

A Puerto Rico-based company dubbed Bitcoin Manipulation Abatement LLC has filed this recent lawsuit accusing Ripple of misleading investors of financial gains making false claims and driving false demand. The plaintiff argues that XRP isn’t a currency.

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As Bitcoin Halving Looms, bitFlyer USA Rolls Out Instant Cash Deposits

By Andy Watson May 6, 2020 • 2 mins read

The crypto exchange bitFlyer USA has indicated that there will be no additional fee for instant deposits and customers will be able to deposit up to $1,000 per week.

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Blockchain Firm BitGive Organizes Fundraising Rally for COVID-19 Relief

By Julia Sakovich May 5, 2020 • 3 mins read

BitGive’s RSK-powered donation tracking platform GiveTrack will provide access to evidence-based reporting, a common blockchain use-case advanced by crypto proponents.

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Robinhood Financial Managed to Raise $280 Million in Series F Funding Led by Sequoia Capital

By Steve Muchoki May 5, 2020 • 3 mins read

Robinhood Financial LLC announces that it has raised $280 million in series F funding. With the new funds, Robinhood is planning to scale its platform by building new products.

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BlockFi Hires New Managers to Drive Growth

By Teuta Franjkovic May 5, 2020 • 4 mins read

BlockFi has operated with zero losses since its inception and is well poised to lead the market for institutional clients across the globe. Now it has hired new managers to continue its growth.

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USDT’s Exploding Supply Signals Another Bitcoin Bull

By Natallia Maksimenko May 5, 2020 • 5 mins read

It is believed to be a correlation between USDT’s market cap and Bitcoin’s price movements. The majority of investors expect a rise in Bitcoin price after a significant boost of Tether (USDT). What can traders do while waiting for the bull?

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Bitcoin Halving Is Coming in 6 Days, BTC Mining Difficulty Reaches Close to All-Time High

By Bhushan Akolkar May 5, 2020 • 2 mins read

As BTC halving is expected to happen next week, Bitcoin network’s mining difficulty has reached close to its all-time high of 16.55 trillion. Bitcoin’s mining difficulty adjusts itself every two weeks or every 2016 blocks depending on the competition in each adjustment cycle.

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TON U.S. Investors to Be Repaid 72% of Inputs, Telegram Offers More Options for Others

By Darya Rudz May 5, 2020 • 3 mins read

As Telegram is at loggerheads with the U.S. SEC, it has delayed the launch of its new network for the second time. Now it will pay U.S. investors 72% of their inputs, while non-U.S. investors may wait for a year and receive either Grams or 110%.

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Bitcoin Price Could Reach $533,431 in August 2021, Says Pantera Capital CEO

By Wanguba Muriuki May 5, 2020 • 3 mins read

Dan Morehead, Pantera Capital Founder and CEO, is highly convinced that Bitcoin price will peak in August 2021 after reaching $533,431 in the anticipated post-halving bull rally.

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Bitcoin Price Managed to Rise Over $9K after U.S. Government Deepened Its Debt

By Teuta Franjkovic May 5, 2020 • 3 mins read

Bitcoin price managed to move over $9000 as United States Treasury Department aims to borrow a record-high $2.99 trillion in net marketable debt in the second fiscal quarter of 2020.

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NEAR Protocol Secures $21.6M Funding, Launches MainNet to Compete with Ethereum 2.0

By Bhushan Akolkar May 5, 2020 • 3 mins read

With its mainnet release NEAR has launched its “first fully sharded, fully operational proof-of-stake blockchain platform” that allows users to create end-user applications atop the platform.

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Bitcoin Price Below $9K, Morgan Creek Digital Co-Founder Targets $10K before BTC Halving

By Steve Muchoki May 4, 2020 • 2 mins read

Bitcoin (BTC) is trading below $9,000 at around $8,800 as the halving is getting closer with a high level of price uncertainty. According to Morgan Creek Digital co-founder Jason A. Williams, BTC price will hit $10K before the halving.

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Bitcoin Halving Is Just in 7 Days, Price May Drop after BTC Halving Event

By Teuta Franjkovic May 4, 2020 • 3 mins read

Bitcoin halving is expected to happen in 7 days and analysts have very different opinions on possible BTC price movements after the event. It said that the price may drop.

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Ripple Co-founder Jed McCaleb Liquidates 54 Million XRP Valued at $11.7 Million

By Bhushan Akolkar May 4, 2020 • 2 mins read

In a controversial step, the Ripple co-founder sold an average of 1.8 million XRP tokens for each day of April 2020. Since McCaleb is the co-founder of Stellar, a direct competitor to Ripple, it has also created suspicion of his support to Ripple Labs.