Crypto exchange TrigonX latest to emerge from the FTX rubble
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World’s 5th Largest Bank Aims to Debut Blockchain Payment Network in 2020
Japan’s Mitsubishi UFJ Financial Group (MUFG) has officially announced it will launch a new blockchain-based payment system, according to a press release published on Feb. 12.The world’s fifth-largest bank is working on the project in partnership with United States content delivery network Akamai, with the aim to launch in H1 2020.Dubbed the “Global Open Network,”…
Ethereum Classic Devs: Hashpower Consolidation on Network Is ‘Not 51% Attack’
Ethereum Classic (ETC) developers have stated that a mining pool evidently claiming over 50 percent of the network’s hashrate was “most likely selfish mining” in a tweet today, Jan. 7.ETC devs also explicitly stated in the same tweet that the previously noted hashrate consolidation is not a 51 percent attack, and that double spends were…
UPDATED: Wilshire Phoenix Files With SEC for Publicly Traded Bitcoin-Backed Fund
Investment firm Wilshire Phoenix just filed with the SEC for a tradeable Bitcoin fund similar to the Grayscale Bitcoin Trust. 1131 Total views 30 Total shares Alternative investment firm Wilshire Phoenix has filed an S-1 registration statement with the U.S. Securities and Exchange Commission, or SEC, for a publicly traded Bitcoin Fund in line with…
It’s time to redesign developers’ incentives
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Latest Bitcoin price data suggests double top above $200K in 2025
Bitcoin (BTC) is still on track to hit $180,000 in its next halving cycle, a longtime market participant says.In new analysis published March 3, Filbfilb, co-founder of trading suite Decentrader, doubled down on his bullish BTC price outlook for the years ahead.Filbfilb keeps faith in Bitcoin halving cyclesWith BTC/USD approaching $30,000, but traders highly suspicious…
What death spiral? Bitcoin mining difficulty rises by 9% since halving
After the May 11 halving, some skeptics speculated that miners would capitulate or that the entire process would enter a death spiral. Fast-forward three months and the Bitcoin (BTC) hash rate is at a record high.An all-time high hash rate and a stable Bitcoin mining industry are both positive signs for the medium to long-term…
Jenkins the Valet founder wants to create a decentralized Web3 content company
“My mom cried when I got the job as valet at the Bored Ape Yacht Club, one of the preeminent social clubs for apes. She hooted and grunted and peeled open one of our finest bananas. ‘Jenkins,’ she said, ‘you’re going to rub shoulders with some of the finest apes from around the world.’ I…
Bitcoin surges above $20K after 6% BTC rally gains steam ahead of the monthly close
Bitcoin (BTC) swiftly climbed above $20,000 after the Sept. 30 Wall Street open as end-of-month volatility began. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin volatility back for monthly closeData from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining 3% in a single hourly candle to hit local highs of $20,171 on Bitstamp.The move followed predictions from traders,…