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Category Archives : All Things Bitcoin

Venezuela: Inflation Tops 100000 Percent, Bitcoin Costs 60M Bolivars
19 Aug
7:49

Venezuela: Inflation Tops 100000 Percent, Bitcoin Costs 60M Bolivars

Venezuela’s currency the Bolivar Fuerte jumped to 9.2 million per dollar and almost 60 million per bitcoin August 18, just two days before a major redenomination cuts five zeros off its value. Redenomination Looms As reported by cryptocurrency commentators including Purse.io support head Eduardo Gomez, the bolivar traded unofficially at…

Cryptocurrency Miners Ignore the Bitcoin Price Fall, Focus on Expansion Instead
19 Aug
7:06

Cryptocurrency Miners Ignore the Bitcoin Price Fall, Focus on Expansion Instead

The recent decline in cryptocurrency prices has cast a shadow on several aspects of the digital currencies space. However, one area where this bearish outlook has not extended to is cryptocurrency mining.  The Hash Factor is an Indicator According to a report from Bloomberg, bitcoin mining has remained profitable for…

Bitcoin Cash Price Weekly Analysis: BCH/USD Holding Key Support at $540
19 Aug
7:06

Bitcoin Cash Price Weekly Analysis: BCH/USD Holding Key Support at $540

Key Points Bitcoin cash price recovered and moved above the $520 and $540 resistance levels against the US Dollar. There is a major contracting triangle forming with support near $545 on the 4-hours chart of the BCH/USD pair (data feed from Kraken). The pair has to stay above the $545…

Bitcoin Mining Company Kryptovault Receives Bomb Threats
19 Aug
4:37

Bitcoin Mining Company Kryptovault Receives Bomb Threats

A Bitcoin mining company in Norway has received bomb threats after conflicts with local residents. While some towns and cities are quite welcoming of Bitcoin mining operations setting up shop, it appears that others are not. Kryptovault, a cryptocurrency mining company in Norway, has been the recipient of a bomb…

Bitcoin Cash Futures, Venture Funds, and Lawsuits: This Week in Crypto
19 Aug
1:09

Bitcoin Cash Futures, Venture Funds, and Lawsuits: This Week in Crypto

Advertisement Make sure you check out our previous edition here, now let’s go over what happened in crypto this week. Also, make sure you subscribe for this weeks edition of The CCN Podcast on iTunes, TuneIn, Stitcher, Google Play Music, Spotify, Soundcloud, Youtube or wherever you get your podcasts. Price…

CFTC And Its Jurisdiction Over Cryptocurrencies
19 Aug
12:36

CFTC And Its Jurisdiction Over Cryptocurrencies

It was in 2015 that the US Commodity Futures Trading Commission (CFTC) first put its foot down on the unregistered bitcoin options trading platform Coinflip Inc. This event stirred up many debates in the crypto community about the legal nature of bitcoin and other virtual currencies, as well as CFTCs…

No More Coinbase and BitPay: Process Your Own Bitcoin Payments for $6 a Month
18 Aug
11:10

No More Coinbase and BitPay: Process Your Own Bitcoin Payments for $6 a Month

Merchants can now use a Bitcoin full node to process their own payments via the BTCPay server for under $6 a month — with or without Lightning Network functionality.  Removing Microsoft Azure Reliance A guide to the solution from creator and Bitcoin developer Nicolas Dorier published August 18 explains how…

Satoshi’s Vision: Craig Wright to Launch BCH Node to ‘Restore Original Bitcoin Protocol’
18 Aug
9:41

Satoshi’s Vision: Craig Wright to Launch BCH Node to ‘Restore Original Bitcoin Protocol’

Advertisement An intramural debate among Bitcoin Cash developers about the future of the BCH protocol is heating up, with a development group backed by nChain and Craig Wright vowing to create a new full node client that does not include the so-called “unnecessary changes” being added to Bitcoin ABC, the…

Bitcoin price: Crypto boss says bitcoin bubble has burst and THIS is why it’s good news
18 Aug
7:49

Bitcoin price: Crypto boss says bitcoin bubble has burst and THIS is why it’s good news

The bitcoin price bubble burst at the start of this year when it continued a downward slide from its all-time December high. Cryptocurrency advocate Meltem Demirors, who is Coinshares’ chief strategy officer, said the bitcoin bubble may have popped but the real traction for the cryptocurrency will come in time….

Bitcoin Price Technical Analysis: BTCUSD Capped by Strong Resistance
18 Aug
7:48

Bitcoin Price Technical Analysis: BTCUSD Capped by Strong Resistance

Advertisement Bitcoin price today tumbled 2 percent against the dollar, confirming a weak push by bulls in the current bearish bias. The BTC/USD continued to extend its prevailing upside momentum, breaking above 6500-fiat to establish 6620-fiat as its new intraday peak level. However, the absence of enough bullish sentiment around…