September 2019 | Page 27 of 145 | Last Cryptocurrency News Feed

WATCH: Inside a Siberian Crypto Mining Complex

news In Siberia, cheap hydropower, cold climate, and abandoned Soviet industrial infrastructure has made the region of Irkutsk an attractive spot for urban explorers and, more importantly, crypto miners. In the city of Bratsk lies one of the largest hydropower plants in Russia. The massive dam and generator feeds the region’s growing mining farms. Cheap electricity…

CoinDesk Feed

Bitcoin Shopping App Fold Raises $2.5 Million to Bring Lightning to Retailers

news The lightning-friendly Fold App, which allows users to spend bitcoin on goods like clothes and pizza and then earn bitcoin-back rewards, just added fiat capability after raising its first round as an independent startup. Fold product lead Will Reeves told CoinDesk the startup spun out of Thesis with a $2.5 million raise led by…

CoinDesk Feed

Crypto Venture Firm 1confirmation Announces New $45 Million Fund

news Venture capital firm 1confirmation is announcing a new, $45 million fund for investing in cryptocurrency startups. Led by early Coinbase employee Nick Tomaino, the firm’s first fund, focused on seed rounds, amounted to $26 million. “We wanted to start off relatively small, prove out the model and raise more capital if the model was working,”…

Cointelegraph Feed

Clues to Explain Yesterday’s Bitcoin Hash Rate Flash Crash

The Bitcoin (BTC) network’s hash rate suffered a mysterious flash crash on Sept. 23, in a sudden intraday plummet from 98,000,000 TH/S to 57,700,000 TH/s.By press time, levels have recovered back to 92,800,295 TH/S— yet remain shy of their recent record of 102,848,135 on Sept. 18, as data from Blockchain.com reveals:Bitcoin network hash rate, Oct.…

Cointelegraph Feed

SoFi Launches Zero-Fee Crypto Trading for Bitcoin, Ether, Litecoin

California-based financial firm SoFi has added zero-fee cryptocurrency trading to its platform SoFi Invest.According to an official announcement on Sept. 25, crypto trading on SoFi Invest joins the list of previously introduced trading of stocks and exchange-traded funds.SoFi Invest now offers clients to buy three major cryptocurrencies such as Bitcoin (BTC), Ether (ETH) and Litecoin…

Cryptocurrency News Feeds

The Bitcoin Plunge Might Be The Best Setting For Altcoin Season, Analyst Says

The crypto market crashed yesterday as Bitcoin and major altcoins marked severe double-digit losses. A popular crypto analysist in Tweeter thinks that a serious market crash can actually turn out to be a positive thing for altcoins. Bitcoin holders might see the bearish trend as the beginning of the next major altcoin season. Altcoin Season on…

CoinDesk Feed

Bitcoin Price Risks Drop to $7.5K After Third Biggest Daily Loss of 2019

markets View BTC looks set to test support near $7,500, having confirmed a bearish reversal with a high-volume triangle breakdown on Tuesday. The cryptocurrency’s violation of the historically strong 55-candle exponential moving average (MA) on the three-day chart also favors a deeper price slide. The outlook would turn bullish if prices quickly rise above Tuesday’s high…

Cointelegraph Feed

Bakkt, Technicals or Trump? 3 Theories on Bitcoin’s Sudden 13% Drop

Bitcoin (BTC) is down over 13% on the day, inviting competing interpretations as to what could have triggered the top coin’s downward turn.As of press time, Bitcoin is circling the $8,400 mark — signaling a hefty 17.8% loss on the week.Bitcoin 24-hour chart. Source: Coin360Is Bakkt to blame?Among the most popular theories among cryptocurrency commentators…

Cointelegraph Feed

Binance Now Lets Users Buy 5 Cryptocurrencies with Debit, Credit Card

Customers of major crypto exchange Binance can now purchase crypto directly using debit and credit cards via payment processing firm Koinal.2.5% fee for buying crypto from Visa and MasterCardBinance users can now buy crypto using their Visa and MasterCard debit and credit cards, the company announced in a blog post on Sept. 25.Using Koinal, Binance…

Cointelegraph Feed

Bitcoin Price $8K Bounce Now Aligns Perfectly With Stock-to-Flow Chart

Bitcoin (BTC) escaped a fresh dip to $7,500 on Sept. 25, avoiding the worst scenario analysts had warned about before its major crash.Cryptocurrency market daily overview. Source: Coin360Bitcoin circles $8.3K halving predictionData from Coin360 showed the largest cryptocurrency paring some losses between $8,000 and $8,500 on Wednesday. Previously, BTC/USD had bottomed out below $8,000 on some…