Kraken’s Jesse Powell donates $1M in crypto to Trump campaign

Bitcoin miners appear reluctant to sell their BTC as hashrate increases despite the recent sell-off. 322 Total views 23 Total shares Bitcoin miner are accumulating as the network hash rate continues to recover according to on-chain analytics provider Glassnode.In its Sept. 20 Week on Chain report, glassnode has stated that miner BTC balances are increasing,…

About 4,000 Chinese bank accounts of over-the-counter cryptocurrency traders were allegedly frozen by law enforcement. 3307 Total views 51 Total shares Around 4,000 Chinese bank accounts of cryptocurrency traders have reportedly been frozen by local law enforcement.According to a June 8 report by 8BTC, police froze the bank accounts of thousands of  over-the-counter (OTC) traders…

Major automobile manufacturers Honda and General Motors (GM) are jointly conducting research on electric vehicle and smart grid interoperability using blockchain tech, Japanese news outlet Nikkei reported on May 20.As part of the project, Honda and GM will investigate whether electric vehicles can be used to stabilize the supply of energy in smart grids. Specifically,…

The number of Bitcoin wholecoiners tends to rise and fall with the crypto market’s ebbs and flows, but it has stayed above 1 million for over a year now.

Developers released the validator launchpad for ETH 2.0 on July 27, allowing users to participate in the testnet’s Proof-of-Stake. 1438 Total views 10 Total shares With the Ethereum 2.0 final testnet set to be released on August 4, developers have now opened the doors to validators.According to a July 27 Ethereum blog, the research team…

Reduced mempool activity not only results in reduced fees but gives users a chance to perform transactions that may not otherwise be practical. 1348 Total views 18 Total shares The Bitcoin network mempool shrank to its smallest size since mid-October this week after the network’s hash power soared. The clear mempool meant that that thousands…

Blockchain has one new supporter: the UK finance minister Philip Hammond. Quizzed at the Conservative Party conference on how the UK government might solve Brexit’s UK-Irish border issue, he suggested that blockchain technology may be a solution."There is technology becoming available […] I don’t claim to be an expert on it but the most obvious…

The Bitcoin-to-gold price ratio could shoot to 100x with the digital asset’s volatility possibly dropping to gold levels by 2024. 3481 Total views 16 Total shares Bitcoin will continue its bullish push towards $50,000 as investors move funds out of gold and into the digital asset, according to Bloomberg senior commodity strategist Mike McGlone. By 2024,…