Bitcoin Network Now 8 Times More Powerful Than It Was at $20K Price

Bitcoin (BTC) now has more computing power behind its security than ever before, passing another milestone as hash rate reaches an all-time high.  Data from monitoring resource Blockchain confirmed that the Bitcoin network’s total hash rate reached a peak of 79 tera hashes per second (TH/s) on July 20.  Bitcoin network hash rate, courtesy of Blockchain.info Broadly accepted as a measure of how robust Bitcoin’s transaction security has become, hash rate has broken multiple records in recent weeks and months. Read more …

Slotozilla.com your One-Stop-Shop for Free Online Slot Games

Slotozilla.com offers a massive collection of online free slots and free casino games and without registration. Currently, on slotozilla.com you can have unlimited access to over 3,000 plus slot games. The collection of games by Slotozilla is diverse, whether you are into cartoons, movies or action themed we definitely have something for you. With the advancement of technology, playing slots has never been easier and more accessible. Slottozilla.com is extremely user-friendly and has managed to sustain this status by eliminating Read more …

Crypto Scam Site Stole The Identity of CoinDesk Writer

A suspicious crypto site has wrongfully appropriated the identities of several people, including the bio of one of CoinDesk’s writers and the testimonial of an SEC chairman. Mr. Palmer was informed of his new position as “advisor” to a cryptocurrency project called “US Veteran Token” (USVT) via an email this week. While the name of the project markets itself as an ICO which will help US veterans that have fought for their country, the entire things is actually a sham. Read more …

Bitcoin price (BTC/USD) hovers just above $10,500 on Monday morning

The Bitcoin price (BTC/USD) remains near the $10,500-$10,600 area, consolidating after some turbulent trading last week. The original cryptocurrency experienced significant difficulties during the first few sessions of last week, but it managed to bounce back in the latter stages of the week. After recapturing the $10,000 mark on Thursday afternoon, the digital coin has spent the following sessions consolidating and strengthening its position. However, the coin has so far been unable to secure a break above the $11,000 barrier. Read more …

Bitcoin Price To Move Higher After Neutral Weekly Close

As bitcoin price closes out another weekly candle, traders and analysts are scrambling to predict its next move. The longer BTC consolidates, the larger that move is likely to be, and it could be coming soon. Bitcoin Price Consolidation Persists … Yesterday’s retest of $11,000 was very short-lived. Bitcoin price fell back to record an intraday low of $10,330 which was tested a couple of times. BTC recovered to reach $10,600 where it has consolidated for the past 10 hours Read more …

Bakkt starts testing phase – The Bitcoin News

The kick-off for Project Bakkt and therefore the trading of Bitcoin Futures on the Intercontinental Exchange (ICE) will start today (Monday, July 22) in New York – even though initially only for a test run. At a conference held by Bakkt a few days earlier, market participants reported strong demand for the daily and monthly versions of the Bakkt BTC (USD) Daily Futures. Originally, Bakkt wanted to be in the starting blocks as early as December 2018, but as the Read more …

Bitcoin Price Shuns Volatility as Analysts Warn of Potential Drop to $7,000

Bitcoin (BTC) price saw a rare spell of stability on July 22 as cryptocurrency markets began the week on a broadly stable note.  Market visualization. Source: Coin360 Bitcoin price weekly chart settled but overbought Data from Coin360 showed hardly any change for BTC/USD in the past 24 hours, bucking a volatile trend seen throughout recent weeks. At press time, Bitcoin circled $10,600, down just 0.14% while trading in the middle of a $400 daily corridor.  Bitcoin 7-day price chart. Courtesy Read more …

South Korea Estimates 2-Year Losses from Crypto Crimes at $2.3 Billion

Nearly 2.7 trillion won ($2.3 billion) have been lost to crimes involving cryptocurrency in the last two years, according to South Korean government data. Figures provided by the country’s justice ministry on Sunday indicate that losses from crypto scams, Ponzi schemes, embezzlement and illegal exchange transactions came to 2.69 trillion won from July 2017 to June 2019. The ministry further said that 420 individuals have been charged over cryptocurrency crimes in that period, with 132 having been arrested. In June, Justice Minister Read more …

A Week of Bitcoin Volatility Expected as BTC Consolidation Prolongs

With a neutrally closing weekly candle traders and analysts are expecting this week to be a little livelier for Bitcoin. The weekend saw a little action but gains could not be maintained as BTC and altcoins fell back into their channels. No Progress Over $11k For Bitcoin Late Saturday/early Sunday saw BTC rise back to tap $11,000 but it only remained there for a couple of hours before sliding back to an intraday low of just below $10,400. Daily volume Read more …

The Year Bitcoin Lost Its Mind

Many market analysts think this will be the year that Bitcoin finally breaks loose and makes its inevitable run to $100,000. Everything’s Going Haywire in Bitcoin I think it’s the year that everything went haywire. Look, this year we found out that a good percentage of Tethers are backed by thin air. What this means is that a lot of Bitcoin volume should be cut by a roughly equivalent percentage. People shouldn’t have continued using Tether, but they did. And Read more …

Crypto and FB’s Libra Are Bridges to a Bitcoin World, Says Tim Draper

Bitcoin (BTC) will be the ultimate benefactor from interest in Facebook Libra and cryptocurrencies, billionaire Tim Draper has said.  Bridges to a ‘Bitcoin environment’ Speaking to CNBC in an interview on July 19, Draper, who is well known as a Bitcoin advocate, defended both Libra and Bitcoin against recent pressure from governments, particularly in the United States.  Asked whether the world was now in a post-Bitcoin environment, he argued that Bitcoin represented the true innovation from the cryptocurrency world, and Read more …

Crypto Exchanges Native Tokens May Leave Bitcoin Behind

Crypto exchanges’ native tokens may serve as a decent alternative to both world reserve currencies and popular cryptocurrencies. Trading platforms stake on their own tokens as one of the main business tools, which increases their importance in the eyes of investors, primarily large institutionalists. Exchanges capable of providing liquidity to such assets increase their chances of becoming leaders in the crypto services market because they not only allow users to trade digital assets but also to participate in over-the-counter trading Read more …