Breaking news, analysis, and discussion in the blockchain/cryptocurrency space.
Be sure to like, share, and comment.

(Cited from CoinDesk and Cointelegraph)

Arthur Hayes on Financial Privacy and the Possibility of BTC Hard Fork

Arthur Hayes on Financial Privacy and the Possibility of BTC Hard Fork

BitMEx’s Arthur Hayes explained to Cointelegraph the importance of financial privacy in detail and predicted that Bitcoin should hard fork in order to be fully anonymous. At the Tangle in Taipei on July 3, American economist and crypto sceptic Nouriel Roubini (aka “Dr. Doom”) and BitMEX CEO and co-founder Arthur Hayes didn’t agree on anything except that “Facebook’s Libra is not cryptocurrency.” One of the reasons on that is, while Roubini took for granted…

Share:
Read more

Trump Pump? Bitcoin Price Buoyant After US President Says He’s ‘Not a Fan’

Trump Pump? Bitcoin Price Buoyant After US President Says He’s 'Not a Fan'

Trump’s first-ever public comments on Bitcoin achieved precisely zero fallout on markets as BTC price climbed above $11,500. Bitcoin (BTC) was starting to reverse upwards July 12 as a critical tweet from United States president, Donald Trump, became a hot talking point across cryptocurrency.Market visualization courtesy of Coin360Data from Coin360 showed BTC/USD 0.9% up over the past 24 hours after a significant downturn earlier on Thursday. At press time, the pair traded around $11,600, having…

Share:
Read more

Bitcoin Mining Industry Is Booming as Difficulty Soars 14% to New High

Bitcoin Mining Industry Is Booming as Difficulty Soars 14% to New High

Mining difficulty on the Bitcoin network has taken its steepest upturn in almost a year, surging by over 14% to hit 9.06 trillion. Mining difficulty on the Bitcoin (BTC) network has taken its steepest upturn in almost a year, data from major Chinese mining pool BTC.com reveals.On July 9, difficulty surged by over 14% to hit 9.06 trillion (9.06 T), at an average hash rate of 64.85 EH/s — a new all-time-high in the…

Share:
Read more