Articles of Bitcoin cryptocurrency

Blockchain Industry Weekly Report | When production cuts come, opportunities or challenges?

Guide 2020 is an important year of production reduction in the development history of digital tokens, and multiple main circulation certificates represented by BTC will usher in production reduction. Summary Topic: Opportunities or challenges as production cuts come? In 2020, the seven major circulation certificates of ETC, BCH, BSV, BTC, DASH, XZC, and ZEC will […]

Miners rushed to switch networks before Bitcoin halved, and Bitcoin's computing power continued to rise

Since Bitcoin miners plan to get as much BTC as possible before the block reward is halved in May, the current hashrate of Bitcoin's entire network has been significantly improved. Image source: visualhunt Mining is driven by profits It is not surprising that Bitcoin's sharp decline last month led to an equally significant decline in […]

Yangchun has arrived in April, and cryptocurrencies continue to rise against the trend?

The global economic data released last week is worrying. The data in the middle of the week showed that the decline in exports from major Asian economies such as Japan and South Korea also hit global stock markets, causing the S & P 500 index and the FTSE 100 index to fall sharply. However, from […]

After the crisis, where is the Bitcoin price opportunity in 2020?

Author: Kyle Torpey Translator: Moni Source: Planet Daily Chamath Palihapitiya, a former Facebook executive and the current CEO of Social Capital, is an “old cannon” in the cryptocurrency industry and one of the earliest bitcoin investors. In 2013, he bought many cryptocurrencies— You know, the price of each bitcoin was less than $ 80. Chamath […]

Global financial markets are picking up, bitcoin has become a "sprint black horse" and "long-term upstart"

It has been more than one month since the global financial market crash bottomed. Since the Dow Jones Industrial Average bottomed out on March 23, it has risen by 24.5%. However, since Bitcoin's bottomed out on March 13, the biggest increase has reached 95%. The increase in Litecoin and Ethereum has exceeded 100%, and the […]

Institutional investors continue to lurking, it will take time for bitcoin futures trading volume to recover

March just past is not the best month, nor is it the first quarter of 2020. Last month, Bitcoin fell from over US $ 9,000 to below US $ 4,000, offsetting several months of gains and pulling the price of the cryptocurrency to an annual low before a weak recovery. In a similar recession, the […]

A war on asset devaluation: BTC will witness the occurrence of financialization

Author: PASCAL HÜGLI Translation: Ziming Editor's note: The original title was "What happened to the money in our hands? 》 Money has magical power for almost everyone. However, whether we make money, spend money or save money, we almost never consider the following questions: what is money? Why does it exist? What will the money […]

10% of net worth bets on BTC, ETH makes a net profit of 1.5 billion, Wall Street giant Mike's road to crypto kingdom?

For a long time, when traditional financial capital giants faced cryptocurrencies such as Bitcoin, they often showed a complex mood. Some people are obsessed with it, some people hate it, and some people love it. Complexity is manifested in the fact that they do not want to miss dozens of times and hundreds of times […]

Bitcoin experienced its worst plunge in March, will the cryptocurrency bubble burst?

According to Bloomberg News, the new crown virus pandemic casts a heavy shadow on the global economy, investors have sold high-risk assets, financial market turmoil has severely damaged Bitcoin, and March was the worst month for cryptocurrencies ever. One. Bitcoin fell more than 27% on March 12th, the largest one-day drop in nearly seven years. […]

Coinbase CEO: Almost every economic field is struggling, and Bitcoin is the currency people need at this moment

Editor's Note: This article has been deleted without changing the original intention of the author. Coinbase, a leading U.S.-based cryptocurrency exchange, recently held a remote employee meeting to introduce its strategy to its employees during the Covid-19 pandemic. At the conference, Coinbase CEO Brian Armstrong said that Bitcoin was designed to respond to the current […]