Tag: Bitcoin Core (BTC)

A New Bitcoin World

Ross Ulbricht Marks Fifth Anniversary in Prison

Ross Ulbricht Marks Fifth Anniversary in PrisonAlleged founder of Silk Road, Ross Ulbricht, marked his fifth year in prison. October 1st, 2013, Mr. Ulbricht began a double life sentence without the possibility of parole for his alleged founding and running of the Silk Road online marketplace. On the occasion of his fifth full year, FreeRoss.org launched a new project to raise awareness […]

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October 2, 2018 0

BTC: 36% in Circulation Lost, 23% Held by Speculators, US Tax Authority Monitoring

BTC: 36% in Circulation Lost, 23% Held by Speculators, US Tax Authority MonitoringTwo research firms released compelling data on the state of Bitcoin Core (BTC). Chainalysis revealed 36% of BTC in circulation is lost, likely lost, or unmined. The percentage of BTC held by speculators is 22%, while investors accounted for a steady 30%. The United States government, and especially its Internal Revenue Service (IRS), reportedly account […]

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September 30, 2018 0

Longhash Launches Bitcoin Tracker to Find ‘Dirty Money’

Longhash, a crypto and blockchain media and analysis site, recently launched its own Bitcoin Tracker. In an effort to “offer more peace of mind to investors, regulators and the general public,” users can basically find the origin of BTC, tracking it through the many places it has traveled.   Also read: Robinhood Accused of Taking […]

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September 24, 2018 0

BTC Hashpower Doubles During Bear Market as Miners Sacrifice Profit for Position

During Brutal Bear Market, Bitcoin Hashpower DoublesAccording to Fundstrat analyst Sam Doctor, it appears Bitcoin Core (BTC) hashpower has doubled since just before the start of summer. That figure is impressive considering the lingering and deep bear market. “Even with upgrades to existing equipment, implies almost 1GW of new power consumption vs 5.2GW in May ’18m” Mr. Doctor tweeted. “Breakeven now […]

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September 17, 2018 0

Overstock to Offer Bitcoin for Sale After Acquiring Bitsy.com Biometric Wallet

Medici Ventures, a blockchain/crypto specific division of Overstock.com, has acquired Bitsy.com in an effort to finally merge the worlds of online retail with decentralized, digital cash facilitated by the Bitsy’s new biometric wallet. The Crypto Winter, assuming it ends at some point, might be best defined by what companies in the space did to prepare for […]

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September 15, 2018 0

21,000 New Locations Across Canada, Europe, Australia to Purchase Bitcoin Cash

Netcoins, an over-the-counter (OTC) brokerage and virtual ATM software company, announced this week it was enabling bitcoin cash (BCH) for immediate access purchase. For BCH enthusiasts, that’s 21,000 locations, covering Canada, Europe, and Australia where the decentralized currency is now available. Also read: Square’s Big Week: Crypto Patent, Shares Leap, and Lightning Plug 21,000 New […]

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September 4, 2018 0

Venezuela Loves Dash: Altcoin Surges 30% on Adoption Push

Venezuela Loves Dash: Altcoin Surges 30% on Adoption PushNews dominating the current cycle is all about bitcoin core (BTC) skipping above the psychological $7,000 price point. However, quietly, determinedly, the altcoin Dash has been besting all comers. It is up double digits in recent days, thanks in part to its proponents’ dogged hustle and commitment to emerging economies such as Venezuela. Also read: […]

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August 29, 2018 0

Trump vs Erdoğan: Bitcoin Is the Answer to Turkey’s Financial Chaos

Trump, Erdoğan Battle: Turkey in Financial Chaos, Bitcoin’s AnswerLatest reporting out of Washington appear to signal no deal struck between the Trump administration and the government of Turkey under President Recep Tayyip Erdoğan, potentially deepening an already fragile financial situation. Turkey’s lira has crashed double digits in recent months, and further as tensions between the two countries, over an American pastor’s jailing, continue […]

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August 21, 2018 0

Bitcoin Gold Hacked for $18 Million

Bitcoin Gold Hacked for $18 MillionIt appears Bitcoin Gold (BTG) has been double spend attacked over and over again, totalling something in the neighborhood of $18 million at current prices. BTG forums seem to have been tracking the hack, going as far back as last week, monitoring the controversial coin’s hashrate, ultimately determining a 51% attack was under way. Also […]

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May 24, 2018 0