Jiang Zhuoer: Bitcoin Bull Run after the 2020 Halving is Likely to Be the Last Bull That Can Be Clearly Predicted

Feb 24, 2020

The bitcoin bull run to come with the upcoming halving is likely to be the last bull that could be clearly predicted, said crypto mining pool BTC.Top’s founder Jiang Zhuoer. The bitcoin tycoon recently took to Weibo (Twitter equivalent in China) to opine about his prediction of bitcoi...

China-Based Investment Firm CEO Makes Stark Bitcoin Warning

Feb 24, 2020

Source: Forbes Author: Billy Bambrough Bitcoin has had an incredible start to 2020—perhaps even beginning to act as a so-called safe haven asset as U.S.-Iran tensions soar and the coronavirus spreads. The bitcoin price, up around 50% since the beginning of the year, has found a temp...

US Congress Talks China Digital Currency Plan as Bitcoin Sits Above $10,000

Feb 13, 2020

China's economy and its proposed digital currency were talking points on Tuesday Feb. 11 as the chair of the US Federal Reserve testified before the Congress to start a two-day questions and answers session about the health of the US economy. Jerome Powell was quizzed on US preparednes...

Warning: 12,000 Bitcoin from Plustoken Wallet on the Move Again

Feb 11, 2020

Plustoken scammers are moving 12,000 BTC worth $118 million, according to China-based blockchain security firm PeckShield. Plustoken, the notorious ponzi scheme, is believed to have amassed as much as $3 billion in cryptocurrency, largely from Chinese investors who were duped into b...

Bitcoin Mining Hardware May Rise in Price Due to Coronavirus Controls

Feb 4, 2020

The price of bitcoin mining machines is expected to rise in the following two months due to the coronavirus quarantine in China which is home to top crypto mining hardware manufacturers. Leading manufacturers of crypto mining hardware including Bitmain, Canaan, Innosilicon and MicroBT have...

Markets Speculate More Money Will Flow into Crypto Market amid Coronavirus Fears

Feb 3, 2020

Markets in China have been speculating that more hedge funds will flow into the crypto market amid the coronavirus fears. On one side, market participants believe that part of the money will withdraw from the Chinese stock market as a result of A-shares’ bad performance in the first quarter...

Does Chinese New Year Really Have An Impact on Bitcoin Price?

Jan 21, 2020

Chinese New Year is just around the corner and the crypto market is once again debating its correlation with the prices of cryptocurrencies especially bitcoin. Chinese New Year or Lunar /Spring Festival is the most important holiday in the country and sees the country slow down. Most co...

Binance and Huobi Received Over 52% of $2.8 Billion Illicit Bitcoin in 2019

Jan 17, 2020

Exchanges have always been a popular off-ramp for illicit cryptocurrency, in 2019, $2.8 billion in bitcoin have been moved from criminal entities to exchanges, of which over 52% have gone to the top two crypto exchanges Binance and Huobi, a latest Chainalysis report found. According to the b...

Bitcoin Mining Difficulty Sets New High, Market Rallies, is Halving Effect Imminent?

Jan 15, 2020

Bitcoin mining difficulty of the bitcoin network has set a new all-time high of 14.78T at the block height 612864 at 23:42 UTC on Jan 14. It is estimated that the mining difficulty will increase by 7.14% to 15.83 T, with 14 days and eight hours left, according to BTC.com. In the p...

2019 Best Year for Bitcoin, DeFi’s Growth to Continue – Asian Data Aggregator

Jan 15, 2020

Amidst reports that the world's total debt load has risen to $253 trillion, or 322% of its GDP, and that the price of Bitcoin surged to a two-month high, Asia's top crypto data aggregator, CoinGecko, has released its year-end report which shows 2019 was not at all bad for the top cryptocurre...