[ad_2][ad_1] According to data estimates from Dune Analytics, nearly $ 60 million worth of bitcoins was transferred to Ethereum in June. Wrapped Bitcoin, the oldest tokenized bitcoin protocol on Ethereum, is responsible for around 75% of that growth after moving over 4,800 BTC to Ethereum last month. Demand has increased …
Read More »The popular Stablecoin Tether is now in circulation on the Bitcoin Cash network
[ad_2][ad_1] The most popular stablecoin tether (USDT) was officially coined on the Bitcoin Cash blockchain via the Simple Ledger Protocol (SLP). At press time there are only USDT 1,010 based on SLPs in circulation, as the company Tether Limited appears to be issuing small quantities and testing the SLP framework. …
Read More »The correlation of Bitcoin prices with the record highs of the S&P 500
[ad_2][ad_1] Since its inception, bitcoin has been dubbed “digital gold” as it is as durable, fungible, divisible and scarce as the precious metal. However, while gold has a solid track record of rallies in times of stress in global equity markets, bitcoin has yet to build a similar reputation as …
Read More »Wrong bitcoin code allows attackers to generate coins without mining
[ad_2][ad_1] Unidentified attackers exploited a Ravencoin vulnerability to coin extra RVNs “beyond the 5000 RVN per block coinbase,” Ravencoin lead developer Tron Black wrote in a post on Thursday. According to Black, members of Ravencoin’s CryptoScope team, which developed Solus Explorer, recently reached out to the Ravencoin developer team with …
Read More »Bitcoin Startup Zap is working with Visa
[ad_2][ad_1] Lightning developer and founder of Zap, Inc. Jack Mallers announced Thursday that his startup’s Strike product, which allows people to receive bitcoins as dollars through direct bank deposits, is finally entering public beta. A Visa card is also in the works. “Zap, Inc. has joined Visa’s Fast Track program,” …
Read More »The 5% drop in the value of Bitcoin puts pressure on BTC mining operations and old ASIC rigs
[ad_2][ad_1] Over the past seven days, the price of bitcoin has fallen 4.8% from a high of $ 9,700 on June 24, to a low of $ 8,965 on June 27. Since then the price has risen and the price per bitcoin has returned above the $ 9k zone but …
Read More »The full analysis predicts that the price of bitcoin will approach $ 20,000 this year, $ 398,000 by 2030
[ad_2][ad_1] A new comprehensive analysis has predicted that the price of bitcoin will reach nearly $ 20,000 this year and continue to rise to nearly $ 400,000 by 2030. The researchers also predicted the future prices of many other major cryptocurrencies, including bitcoin cash. ethereum and litecoin. New Bitcoin Price …
Read More »Scam uses Elon Musk’s name to fool people with $ 2 million worth of bitcoin
[ad_2][ad_1] The giveaway scheme uses the tech titan’s name as part of the Bitcoin addresses for added credibility Complimentary cryptocurrency scams, including those impersonating Tesla and SpaceX boss Elon Musk, have been making the rounds for several years now. The latest trick up the scammers’ sleeves is to insert the …
Read More »3 ways Bitcoin traders can spot and avoid crypto market manipulation
[ad_2][ad_1] Unlike traditional financial markets, cryptocurrency exchanges are largely unregulated and virtually every Bitcoin (BTC) and cryptocurrency trader is familiar with various stories detailing the degree of manipulation of certain aspects of price action on the cryptocurrency market. Despite this, many traders believe there is little that can be done …
Read More »Meet Mistcoin: The first SLP Mineable token implementation launched on Bitcoin Cash
[ad_2][ad_1] Bitcoin Cash advocates have been introduced to a new project built using the Simple Ledger Protocol (SLP) framework called mistcoin (MIST). The new token is essentially the first mineable implementation of colored coins on Bitcoin Cash. Mist allows attendees to mine SLP tokens “using proof of work to help …
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