Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their… Source link

Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) – Euro Pacific Asset Management’s chief market strategist Peter Schiff – who is well known for his pro-gold, anti-bitcoin stance – recently took to Twitter to say that the rally seen in Bitcoin over the past week has overshadowed the performance of gold, and that the precious… Source link

Lawmakers from the U.S. states of Mississippi and Missouri have introduced bills that seek to legally protect their citizens’ rights to run a Bitcoin node and to mine BTC. Excerpt of Mississippi’s bill Excerpt of Missouri’s Bill Bills have been submitted to both the Houses and Senates of the respective states, with Senator Josh Harkins (R) and Representative Jody Steverson (R) leading the movement within Mississippi. Representative Phil Christofanelli (R) of Missouri submitted its… Source link

InvestorsObserver analysis gives Monero Classic a high risk assessment. The proprietary scoring system calculates how much money was required to move the price over the past 24 hours with changes in volume and market capitalization to discover if a crypto can potentially be easily manipulated by limited trading activity. Low values representing high risk while high scores equate to low risk based on a 0 to 100 range. InvestorsObserver is giving Monero Classic a high Risk/Reward Score. … Source link

Last year the price of bitcoin plunged 64%. The price was down 19% from Nov. 1 through the end of the year. That action followed CoinDesk’s Nov. 2 report about the “unusually close” relationship between FTX and Alameda Research. Both companies were co-founded by Sam Bankman-Fried and FTX filed for bankruptcy on Nov. 11. But late on Thursday, Genesis Global Capital became the latest major player in the world of virtual currencies to file for bankruptcy. Genesis is a subsidiary… Source link

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their… Source link

Bitcoin (BTC) rose toward new multi-month highs on Jan. 20 as analysis predicted a new trading range above $18,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin price range “well defined” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD testing but preserving support at $21,000. The pair edged higher at the Wall Street open, in line with United States equities as the third trading week of an explosive January drew to an end. Despite misgivings over the… Source link

The humble university dorm is a place for students taking their undergraduate degrees to study, rest, make new friends, host wild dorm parties and, of course, mine Bitcoin (BTC).  A master’s student in market research and self-described “data guy,” Blake Kaufman, has hooked up an S9 Bitcoin miner to the Bitcoin network. He won the S9 miner in a raffle at a mid-Michigan Bitcoin meetup and immediately set about learning how to use it. Blake has consistently shown up to every

Proof of work (PoW) is a way that transactions on a blockchain network are validated and verified. To validate transactions and add a new block to the blockchain, PoW miners compete with one another to solve challenging mathematical problems. The first miner to complete the problem receives a specified amount of cryptocurrency tokens as payment. Cryptocurrencies that use PoW include Bitcoin (BTC) and Dogecoin (DOGE). The other popular… Source link

Bitcoin (BTC) and Ethereum (ETH) are leading the weekly gains among the ten largest cryptocurrencies by market cap as their prices soared 11.2% and 9.7%, respectively. At the time of writing, Bitcoin was changing hands at $20,981, up 1% over the day, with Ethereum trading at $1,551, up 2% in the past 24 hours, data from CoinGecko shows. These are by far the best results among the market’s largest crypto assets, with the sixth-placed XRP gaining 5% over the past week, followed by Polygon… Source link