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Bitcoin Miner Revenue is Approaching Yearly High

Bitcoin price regained and held ground above $8000 May 24 as new data showed miner revenues had reached their highest in 10 months. Mining Reverses 2018 Bear Market Lows Data from Blockchain.com confirmed miners’ income as the latest in a series of Bitcoin metrics to…

Circle Warns US Cryptocurrency Laws are ‘Chilling Innovation’

Goldman Sachs-backed cryptocurrency startup Circle says lack of clarity from U.S. regulators about digital assets is hurting the country’s crypto market. Regulatory Ambiguity Hurting US Cryptocurrency Market In a blog post published on Thursday (May 23, 2019), Circle put forward its opinion about the current…

Bitcoin Price Analysis: Two Bullish Indicators Are Flashing at $8K

Bitcoin price analysis shows that bullish momentum is building as BTC reclaims the psychological $8K level. But is a new YTD-high next? Bitcoin Price Analysis: Daily Chart Bitcoin’s price continues to track nicely inside an ascending triangle pattern, after bulls successfully springboarded off the $7,500…

Strides in Altcoin Launches Are Helping to Fuel the Crypto Bull Run

After more than a year of waiting, it’s official — crypto is making a comeback. By midway through May, Bitcoin broke the $8k barrier, and the global crypto market cap hit its annual high of over $260bn. Although analysts aren’t predicting the same price mania…

No, Bulgaria Did Not HODL Bitcoin Worth $1.6B, Finance Minister Claimed

The curious case of Bulgaria’s alleged hoard of 200,000 bitcoins resurfaced again this week as sources claimed the Balkan country was HODLing cryptocurrency. Report: Bulgaria Sold All Its BTC Seemingly referencing a press release from May 2017, TrustNodes led the renewed media interest in a…

Zuckerberg Consults Rivals Winklevoss to Push Facebook’s ‘GlobalCoin’

Will Facebook cryptocurrency GlobalCoin be the catalyst to mass adoption propelling cryptocurrency usage from 30 million to 2.4 billion? Maybe, but several concerns remain. Facebook Quietly Planning Killer App If one thing was notable about Facebook and cryptocurrency this time last year, it was the…

Ethereum Price Analysis: ETH Loses Daily Uptrend as Big Move Imminent

Ethereum price (ETH) is moving but does it have enough ‘umph’ to overcome the $250 resistance? Ethereum Price Analysis: Market Overview In mid-May Ethereum mirrored Bitcoin’s parabolic move and similar to Bitcoin, ETH currently trades within a narrowing symmetrical triangle. Over the coming week, traders…

Weiss Ratings: Bitcoin Correction The Best Buying Opportunity Since 2015

Weiss Ratings believes that bitcoin price surging to $8,373 will open the doors to a once in a lifetime purchasing opportunity. Weiss Says Buy the Dip On Thursday Weiss Ratings tweeted that Bitcoin’s current technical setup presents the best purchasing opportunity for investors since 2015.…

AT&T Will Now Accept Bitcoin For Your Phone Bill

US-based mobile users can now use bitcoin and cryptocurrency to pay their bill thanks to a new partnership between AT&T and BitPay. AT&T Will Take Your Bitcoin Bitcoin’s path to mass adoption continues forward as major US telecom giant AT&T has announced that customers now…

Russian Central Bank ‘Would Consider’ Creating Gold-Backed Cryptocurrency

Russia’s central bank would consider creating a new cryptocurrency backed by gold for international settlements. Gold-Backed Crypto Could Have Use In Settlements That was the latest information to come from Elvira Nabiullina, head of the Bank of Russia, speaking to the country’s parliament, the Duma,…