Just six weeks after Bitcoin crashed to $3,700, the cryptocurrency has started to push $8,000 — more than 115 percent higher than the March lows. It’s a reversal that has shocked analysts, to say the least, as many expected BTC (and stocks for that matter) to fall once again as the COVID-19 outbreak has worsened. […]
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Month: April 2020
Tezos Becomes Latest Blockchain to Tap Chainlink for Oracle Services
Chainlink has integrated with yet another blockchain, this time Ethereum rival Tezos.
Genesis CEO Details ‘Black Thursday’ Chaos in Q1 Lending Report
Crypto lender Genesis Capital increased its loan book to $649 million during a tumultuous Q1 marked by wild fluctuations in the price of bitcoin.
Shares in Grayscale’s Bitcoin Trust Up By 14% After Crypto’s Price Rallies
Shares in the Grayscale Bitcoin Trust climbed 14% on Wednesday as bitcoin’s price rallied toward $9,000.
Binance, Brock Pierce Donate $1M to Puerto Rico’s Covid-19 Fight
Brock Pierce’s nonprofit and Binance say they are buying $1 million in personal protective equipment to help fight coronavirus in Puerto Rico.
First Mover: Bitcoin Now Crushing Gold After Biggest Price Jump in Six Weeks
“Digital gold” has surged past the yellow metal to become one of the year’s best performing assets, up more than 20% in 2020.
Older Mining Machines Turn Profitable Again as Bitcoin Rises Ahead of Halving
Older mining models can now earn 10-20% gross margins after bitcoin’s price jumps to two-month highs.
Bitcoin Options Trading Volumes Surge as Price Moves Above $9.4K
Call options on bitcoin are drawing higher prices following the cryptocurrency’s quick move to two-month highs.
Venture capitalist: We’ve never seen a compelling reason to hold Bitcoin SV
Years after their respective forks, both Bitcoin Cash (BCH) and Bitcoin Satoshi’s Vision (BSV) have remained at the top of this nascent market, representing the fifth and sixth largest cryptocurrencies, respectively. It’s clear, then, that the market places some value in these Bitcoin forks. But a top investor in the cryptocurrency and blockchain space — […]
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Alibaba Patents Blockchain System That Spots Music Copycats
The e-commerce giant has patented a blockchain-based means of vetting the originality of songs.