Bitcoin

“Rich Dad, Poor Dad” Author: investment and recommend Bitcoin is because I like it

according to U.Today news, “Rich Dad, Poor Dad” by Robert Kiyosaki explains why the current recession Support BTC, why he has always bought BTC and publish relevant comments on Twitter. He often emphasizes that good investors should invest money in what they like. He also mentioned this in his book on financial knowledge. Robert Kiyosaki …

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Early Bitcoin developers: Satoshi Nakamoto invented GPU mining code to defend the Bitcoin network

According to Cointelegraph, according to early Bitcoin developers, Satoshi Nakamoto prepared several versions of GPU mining codes to protect Bitcoin is protected from 51% attacks. Early Bitcoin developers who worked with Bitcoin founders in 2010 stated that in order to defend the Bitcoin network, Satoshi Nakamoto had invented the Bitcoin GPU mining technology in advance. …

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Gemini and cryptocurrency pay service provider Bitwage cooperate to launch Bitcoin 401 (K) plan

According to Crypto Potato on May 27, Gemini and cryptocurrency pay service provider Bitwage cooperated to officially launch the Bitcoin 401 (K) plan to enable employees Bitcoin can be invested before and after tax. Bitwage CEO Jonathan Chester said that he has conducted 10 months of system testing on his employees at the company. Note: …

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After the crisis in 2020, bitcoin will usher in a strong rebound together with the housing market

According to Forbes May 25, although the medium-term trend in the real estate market is still bleak, a research paper published by the University of Granada and the Federal Reserve Bank of Chicago said Historical data from the late 1990s showed that after the financial crisis, housing prices tended to rise sharply. And if real …

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Encryption technologies such as Bitcoin will replace traditional banking when the basic conditions for capital users are mature

On May 25, cryptocurrency analyst Willy Woo tweeted complaints about the drawbacks of traditional payments and called on people to buy Bitcoin . He said that he encountered obstacles in dealing with the company’s business, such as the invoicing problem, PayPal required KYC, and the processing process was long; Willy Woo said the bank ’s …

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Bitcoin Whale Joe007: BTC’s recent callback is just a reversal that should have happened

According to TheDailyHodl news, the well-known bitcoin whale Joe007 announced its withdrawal from crypto Twitter on May 8th, saying that all the publicity is ultimately not conducive to his trading strategy . Joe007 was short on Bitcoin in April, but Bitcoin closed up 36% that month. With Bitcoin currently falling from a high of nearly …

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Institutional investors ’interest in Bitcoin is growing rapidly

According to Cointelegraph May 22, the data shows that the interest of institutional investors in Bitcoin is growing rapidly. In the past few years, the scale of Grayscale Bitcoin Trust (GBTC) has been steadily increasing, but in the past few months, its growth has begun to accelerate. Interestingly, the volatility of Bitcoin prices does not …

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40 BTC are transferred from the suspected Satoshi address

Gate.io’s ecological new blockchain asset tracking platform block.info traced that 50BTC dug on February 10, 2009 was transferred to an address (suspected of Satoshi Nakamoto or a friend’s address), and 40BTC was transferred out after 11 years of silence At the same time, 9.99968592BTC entered a suspected trading platform. According to the analysis of behavior …

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Kraken Business Development Director: During the Covid19, the status of BTC “the king of cryptocurrencies” became more and more stable

According to AMBCrypto, Kraken Business Development Director Dan Held believes that the success of Bitcoin cannot be based on its potential to become a good payment system. Decide. He said: “The word cash is used in the white paper, and many people choose to infer the word cash as” cash in your pocket. “Satoshi Nakamoto …

Kraken Business Development Director: During the Covid19, the status of BTC “the king of cryptocurrencies” became more and more stable Read More »

US economic stimulus is expected to promote Bitcoin as a value storage and inflation hedging tool

According to Cointelegraph May 17, the United States is printing dollars and cutting interest rates to help the public. As the United States injects trillions of dollars to stimulate the economy, since most Americans do not own assets, it may result in weakened purchasing power. LiquidApps CEO Beni Hakak believes that Bitcoin has the opportunity …

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Bitcoin and blockchain dominate Amazon’s “currency book bestseller list”

According to The DailyHODL, bitcoin and blockchain dominate Amazon’s “currency and currency policy” book bestseller list. At the time of writing, this emerging technology occupies half of the current top ten books and four seats in the top five. The second place in the ranking is the hardcover version of “Life After Google: The Decline …

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Bitcoin may provide some hedging for the diversification of global securities investment

According to Ambcrypto May 16, the recently published research paper “Can Cryptocurrencies Become a Safe Haven for Investors in the Future?” The Bitcoin Case Study pointed out that Bitcoin may provide some hedging for the diversification potential of global securities investment. The paper examines the relationship between Bitcoin, global economic activity, the stock market, and …

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Bitcoin miner revenue fell by 61% after the halving, and 17% came from transaction fees

According to Cointelegraph, with the block reward halved, miners rely on bitcoin transaction fees to survive to a greater extent. On May 10, the miner’s income was 2188 BTC, which fell to 852 BTC on May 12, a 61% drop. Block reward halving forced some miners to leave the Bitcoin blockchain, reducing network computing power. …

Bitcoin miner revenue fell by 61% after the halving, and 17% came from transaction fees Read More »

Global demand for Bitcoin continues to grow after halving

According to Cointelegraph Markets and Arcane Research data, although investors worry that halving block rewards will reduce miners ’enthusiasm and may endanger network security, global Demand continues to rise. The number of Bitcoin ATMs has risen to 8,000, an increase of more than 90% since 2019, which proves that the adoption rate of Bitcoin is …

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Founder of Morgan Creek: More and more institutional investors are entering the market insisting that BTC will reach 100,000 US dollars by 2021

According to The Daily Hodl May 15, Morgan Creek founder Anthony Pompliano said that BTC continues to flourish The longer it takes, it proves that its opponents believe that it will die. In the past decade, people have noticed that the value of Bitcoin is rising significantly. Anthony Pompliano pointed out that JPMorgan Chase is …

Founder of Morgan Creek: More and more institutional investors are entering the market insisting that BTC will reach 100,000 US dollars by 2021 Read More »

Analysis: Bitcoin price has rebounded after halving, but miners may still choose to shut down

According to Coindesk, according to Glassnode data, the average computing power in 7 days has dropped from 122 EH / s before halving to 114 EH / s. The decline in computing power indicates that some miners have reduced or closed their businesses. The BTC block reward has been reduced to 6.25 BTC, making it …

Analysis: Bitcoin price has rebounded after halving, but miners may still choose to shut down Read More »

Billionaire Bill Pulte tweeted reminders to pay attention to Bitcoin

On May 13, billionaire and philanthropist Bill Pulte tweeted that there are three things that need attention: Bitcoin, gold and silver. Among them, Bitcoin ranks first. It is reported that Bill Pulte’s public attention to the crypto market dates back to November 2019. He donated bitcoin on Twitter and said that the decentralized system is …

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“Lubian” appears in BTC.com’s mining pool rankings or multiple large miners formed

A few days ago, a mining pool named “Lubian” suddenly appeared in the BTC.com browser’s mining pool rankings. The 6700P’s computing power ranks fifth, surpassing the currently thriving three major exchange mining pools. Roadside mining pools began to produce blocks on April 24, and the number of blocks currently produced has exceeded 150. According to …

“Lubian” appears in BTC.com’s mining pool rankings or multiple large miners formed Read More »

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