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0 CommentsTraders are still tiptoeing around markets, as multiple risk events remain at the forefront, but BTC margin and futures markets are starting to favor a bullish breakout. Bitcoin has been trying to break above the $27,500 resistance for the past week but to no avail. One of the reasons limiting Bitcoin’s upside is the risk of an…
243 Views1 million Bitcoin wallets now have a balance of 1 BTC or more, but the real magic is yet to come, says Adam Back. Bitcoin has crossed a significant threshold this month — and while it does not involve price, it does involve “millions.” Data from on-chain analytics firm Glassnode confirms that as of May 18, there are…
306 ViewsStanford University professor David Tsè said his team’s research had revealed a security property between Bitcoin and proof-of-stake protocols. Less than a year after proof-of-stake (PoS) became the consensus mechanism for the Ethereum blockchain — the industry’s largest blockchain network — researchers have found that PoS can complement Bitcoin. Stanford University professor David Tsè spoke to Cointelegraph at the…
274 ViewsThe seller even got help from Bitcoin founder Satoshi Nakamoto, though it’s still up in the air whether the artist actually made the “sale.” Crypto Twitter was briefly set ablaze on May 14 with a suggestion that the world’s first real-world purchase made by Bitcoin may have been for a JPEG, not pizza. In a…
252 ViewsCrypto mining firm Riot Platforms is seeking to terminate “certain hosting agreements” with Rhodium Enterprises and be relieved of refunding any outstanding power credits. Crypto mining firm Riot Platforms – formerly Riot Blockchain – has taken legal action against Texas-based Bitcoin miner, Rhodium Enterprises, in an effort to recover “more than $26 million” in alleged unpaid…
298 ViewsBitcoin traders line up “safe” support levels, but order book data makes one observer uneasy about the future. Bitcoin sought to pass $27,000 on May 13 after a “scam wick” produced new two-month lows. Traders: BTC price must retain $26,500 Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it recovered from a flash dip to $25,800 on Bitstamp….
