Bitcoin

Bitcoin

Why Binance and Akon Are Betting on Africa for Crypto Adoption

Demand for bitcoin is surging in Ghana, Nigeria and Kenya, attracting investment from the cryptocurrency exchange Binance and a token project by Akon.

People  ·  6 May 2020
Bitcoin

Market Wrap: Bitcoin Volatility Higher Than S&P 500 Again but Lower Than Oil

Bitcoin volatility has risen a bit, higher than the S&P 500 ahead of its expected halving next week - but it’s nowhere close to the rocky ride oil has been on.

Markets  ·  5 May 2020
Bitcoin

Bitcoin Briefly Hits $9K, Investors Remain Bullish

The cryptocurrency has again failed to keep gains above $9,000 even as active bitcoin addresses spike to 11-month highs.

Markets  ·  5 May 2020
Bitcoin

Iran Issues License for Nation’s Biggest Bitcoin Mining Operation

A Turkish firm has been granted a license to operate a data center with up to 6,000 bitcoin mining machines.

Business  ·  5 May 2020
Bitcoin

Market Wrap: Bitcoin Dips to $8.8K but Optimism Seen Continuing Ahead of Halving

After a flurry of trading late last week, bitcoin dipped on lower volume.

Markets  ·  4 May 2020
Bitcoin

First Mover: Capitalism’s Biggest Crisis Isn’t Driving People to Bitcoin – It’s the Volatility

The post-Bretton Woods system is on the ropes, but what's driving interest into bitcoin is price volatility and the upcoming halving event.

Markets  ·  4 May 2020
Bitcoin

Bitcoin in Emerging Markets: The Middle East

Regions with weak states and educated diasporas are seeing a rising demand for cryptocurrencies, stablecoins and decentralized applications.

People  ·  4 May 2020
Bitcoin

Bitcoin Price May Drop After Halving, Historical Data Shows

Bitcoin has again rallied sharply in the weeks leading up to the impending halving event, but if historic patterns are anything to go by the cryptocurrency could suffer a temporary price pullback following the event.

Markets  ·  4 May 2020
Bitcoin

Crypto Long & Short: Why Bitcoin’s Big Rally Is a Sign of Its Economic Resilience

Bitcoin's underlying technology and monetary system make it one of the few investable assets that is immune to the economic fluctuations we have ahead.

Markets  ·  4 May 2020
Bitcoin

Bitcoin Miners Usually Create 6 Blocks per Hour. They Just Banged Out 16

In a significant deviation from the norm, bitcoin miners just produced 16 blocks in 63 minutes.

Markets  ·  1 May 2020
Bitcoin

Market Wrap: May Opens With Equities Lower While Bitcoin Steady at $8.7K

Traditional markets continue to get whalloped on terrible economic numbers while bitcoin holds ground ahead of the halving.

Markets  ·  1 May 2020
Bitcoin

Interest in Gold-Backed Token Trading Grows Amid Supply Disruptions

On Thursday, hourly trading volume in Tether Gold climbed to over $13 million, up from roughly $1 million the day before.

Markets  ·  1 May 2020
Bitcoin

Blockchain Bites: Bitcoin Whales and American Buyers May Be Driving This Rally

Amid this market rally, Bitcoin wallet startups report an uptick in users and profits. Get the latest bite-sized news here.

News  ·  1 May 2020
Bitcoin

American Buyers Are Fueling Bitcoin’s Rally, Data Suggests

Spot and futures markets reflect the strong bullish sentiment of American investors.

Markets  ·  1 May 2020
Bitcoin

Bitcoin Rises Back to $8.8K Even as US Stock Futures Drop

Bitcoin is rising so far on Friday but the price rally looks overstretched and gains may be transient.

Markets  ·  1 May 2020