Bitcoin

The halving of Bitcoin will have a continuous impact on the price of the next two to three years from the supply and demand

Bitcoin halved the third block reward in the early morning of this morning. Huobi University President Yu Jianing believes that in the short term, the direct effect of halving Bitcoin output is that the “mining” revenue will be reduced by half, and some old mining machines and non-professional mines with higher energy consumption will be …

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Because of the acceleration of block generation, BTC is expected to be halved at about 3 o’clock on May 12

[Because of the acceleration of block generation, BTC is expected to be halved at about 3 o’clock on May 12] According to OKLink data from Occo Cloud Chain, the current block height of BTC is 629939, and there are 61 blocks from the height reduction block of 630,000. The acceleration is expected to reduce production …

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The open positions of CME bitcoin futures reached a record high of US $ 400 million

According to The Block, the open positions of CME ’s bitcoin futures reached a record high of US $ 400 million, indicating a record More money is flowing, and traders expect volatility to increase in the near future. Although the number of open contracts has soared, compared with February, the transaction volume is significantly lower. …

The open positions of CME bitcoin futures reached a record high of US $ 400 million Read More »

Survey: Nearly half of cryptocurrency holders store bitcoins in hardware wallets

According to Cointelegraph May 4, a recent survey published on Reddit showed that nearly half of cryptocurrency holders store most of the bitcoin. In a hardware wallet, keep a copy of the private key on a piece of paper. Reddit user gunnaj posted the findings to Reddit on April 30 as part of his doctoral …

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Fundstrat Chief Digital Strategist: The company is optimistic about Bitcoin ’s performance in the next 12 months

According to Bitcoinist, David Grider, chief digital strategist of Wallstrat analysis firm Fundstrat Global Advisors, published a research report on cryptocurrency on Thursday. Said that its company is optimistic about the development prospects of Bitcoin, and specifically pointed out that the halving is a positive catalyst: “We are optimistic about the next 12 months and …

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Bitcoin ’s annual moving average price is close to a record high

According to Cointelegraph, Bitcoin may have reversed all the declines since the March crash, but another price indicator is about to hit a record high. Yassine Elmandjra, an analyst of investment advisory firm ARK Crypto Assets, pointed out that bitcoin is about to hit a new annual moving average price. Elmandjra posted a chart on …

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Scott Stornetta, father of blockchain: Satoshi Nakamoto is not a team, but may be a Westerner living in the eastern United States

[Scott Stornetta, father of blockchain: Satoshi Nakamoto is not a team, but may be a Westerner living in the eastern United States] According to Cintelegraph, the father of blockchain, Scott Stornetta, tends to think that Satoshi Nakamoto is an individual rather than a team. Some people think that to create Bitcoin, one must be proficient …

Scott Stornetta, father of blockchain: Satoshi Nakamoto is not a team, but may be a Westerner living in the eastern United States Read More »

Bitcoin’s performance surpassed gold, oil and major stock indexes and is currently the most profitable investment in 2020

After surpassing gold and oil and major stock indexes, Bitcoin’s performance has now become the most profitable investment in 2020. Since the beginning of this year, Bitcoin has experienced the most violent volatility ever recorded, ranging from a high of $ 10,446 on February 13 to a low of $ 4,111 on March 13. Despite …

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Bitcoin Developer Matt Corallo Discovers Potential Lightning Network Vulnerability

According to Decrypt, Bitcoin Core contributor, Blockstream co-founder Matt Corallo and the payment team Square’s crypto team have discovered a potential Bitcoin Lightning network vulnerability. When reviewing a new aspect of the lightning network transaction mechanism, Corallo accidentally discovered this vulnerability, which theoretically allows users to withdraw funds held in Hash Time-Locked Contract (HTLC). HTLC …

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BitMEX CEO: The Fed ’s latest interest rate decision may lead to a surge in BTC prices

[BitMEX CEO: The Fed ’s latest interest rate decision may lead to a surge in BTC prices] According to U.Today, BitMEX CEO Arthur Hayes said on Twitter that he should thank the Federal Reserve Chairman Powell, because the price of Bitcoin (BTC) is in some transactions It reached $ 9,500. Arthur Hayes hinted that the …

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Famous Bitcoin Whale Joe007: Bitcoin’s rise before halving lacks liquidity, suspected manipulation by large players

According to Bitcoinist, the famous Bitcoin whale Joe007 warned that Bitcoin’s rise before halving may fail end. In its view, this upward trend occurred in the context of insufficient liquidity, and the lack of liquidity increased the possibility of a sharp market correction. Joe007 said he believes that Bitcoin’s rally will end. According to reports, …

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