It should be mentioned that two of the largest Bitcoin mining pools by hash rate — AntPool and F2Pool — have been major proponents for this upgrade from the very beginning. Furthermore, Taproot also proposes significant privacy promises — i.e., it seeks to make all transactions look the same to everyone except the transacting parties. […]
After a surprise rally on Friday, the largest cryptocurrency saw a slow comedown through much of the weekend. Asian stocks tracked losses, fuelled by various issues including India’s ongoing COVID-19 debacle. As Cointelegraph reported, DXY and Bitcoin tend to be inversely correlated, but last Friday proved to be another notable exception. A look at buy […]
Reported by Twitter user Dominic Frisby, an unknown person projected “Bitcoin fixes this” and other messages on the exterior walls of both the BoE and the Parliament of the United Kingdom on Saturday. The BoE recently listed seven job postings related to a central bank digital currency, or CBDC, and will be establishing a task […]
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. Overall, 2021 promises to be a crucial year for the Ethereum blockchain as the long-awaited Eth2 upgrade takes shape. At $330 billion, Ether’s market cap has now exceeded industry giants including Procter & Gamble and PayPal — […]
Musk’s fascination with the digital currency dates back to last year, and he has recently only seemed to double-down on what may be an elaborate social media prank. The market, however, takes his possibly tongue-in-cheek Tweets very seriously. Whether or not a sketch on Saturday Night Live will have a similar effect remains to be […]
One doesn’t need to be a forensic analyst to know that every single transaction is tied up to addresses on the blockchain and that they will stay there forever. Bitcoin mixing services such as Bitcoin Fog allow users to mix their coins with other users, making it almost impossible to detect the destination addresses. Mixing […]
The VORTECS™ Score includes sentiment analysis, tweet and trading volume, and price action as components of the algorithm — which are then weighted according to a proprietary formula based on how similar these are to historical conditions. Nothing would happen for the following three days as the overall market conditions remained neutral. The announcement in […]
Bitcoin’s dominance of 47.79% on Friday was the lowest since August 2018, as Ethereum and others saw their own market cap presence swell massively since the turn of the year. The value of USD Coin in circulation jumped from $11 billion to almost $14.4 billion on Friday, meaning USD Coin now has a market cap […]
According to an announcement from Ninepoint on Thursday, the securities’ regulatory authorities in each of the 10 provinces and 3 territories of Canada have acknowledged a receipt for its application to establish a Bitcoin exchange-traded fund, or ETF. Should the application be successful, the Ninepoint Bitcoin ETF would trade on the TSX under the ticker […]
Bitcoin has been trying to break the $60,000 resistance for the past 23 days. At the moment, there are multiple signals that the crypto market is overheating. The combined altcoin market capitalization surged to $800 billion from $450 billion in 60 days. Even though a 60% average historical volatility is not mild, this is the […]
