Mining commissions are not a static value. They increase based on the demand that Bitcoin has when you make your movements.
Under the given conditions, Bitcoin continues gaining traction, therefore, Google, Apple, and Facebook need to find new revenue streams.
On Monday, April 20, 2020, Bitcoin (BTC) price dropped below $7,000. The fall comes amid coronavirus pandemic as findings by new research shows that clear regulation has a direct effect on Bitcoin price volatility.
We are now one step closer to the launch of the latest version of Ethereum, ETH 2.0, that is expected to be faster and more scalable than the existing network.
With Bitcoin halving set to take place on May 12 and 22 days left, institutional investors are catching the fever and can’t help taking advantage of the crypto asset’s huge opportunities.
DForce DeFi Protocol was recently hacked and up to $25 million of customers’ crypto in Bitcoin and Ethereum was lost due to an entirely-known exploit that exists on an ETH token.
Binance CEO Changpeng Zhao hit IPOs and venture capital financing. But he was quite optimistic about the evolution of blockchain technology.
Binance community proposes the idea of a parallel blockchain to the current Binance chain, called Binance Smart Chain, which will offer better smart contract functionality.
Coinbase Custody has stated that it will add support for the newly announced Compound Governance protocols which aims at moving towards a decentralized finance model.
Several local industry reports suggest that China could be all set to introduce its Digital Currency Electronic Payment (DCEP) in the market by May 2020. It will initially test the use of digital currencies among its state employees.
The Libra Association confirmed that it will abandon its original vision of a global stablecoin pegged on a multiple national currencies and go for many stablecoins each representing a fiat currency.
With Bitcoin halving 2020 in just 26 days, what can we expect? Will the asset meet the overwhelming expectations or will it stay at the same price level?
Bitcoin price has climbed back to $7,000 after the recent fall below this level. Ethereum, meanwhile, has gained over 8% in 24 hours. ETH is trading for around $170.
Bitcoin (BTC) mining might be the long-awaited savior to the falling oil industry and might also help in stamping the legitimacy of the asset in North America and in other corners of the world.
China is set to launch its Blockchain Service Network (BSN) on April 25th, 2020. It will allow anybody to launch and deploy new blockchain applications for minimal cost.