Craig Wright, bitcoin’s self-declared creator, says the much anticipated “bonded courier” has arrived. According to a court filing to the U.S. District Court of Southern Florida dated Jan. 14,…
Tag: bitcoin’s
10M Bitcoins Haven’t Moved in More Than a Year, Highest Since 2017 – CoinDesk
“HODLing” has returned to a major milestone: The total number of bitcoins that haven’t changed hands in more than a year has crossed the 10 million mark. About 10.7…
Bitcoin Hits New 2020 High Above $8,400 After Iranian Missile Attack – CoinDesk
Bitcoin’s price has hit a new record for 2020, reaching as high as $8,438 before retracing slightly. At 23:30 UTC on Jan. 7, the world’s largest cryptocurrency by market…
CORRECTED: Bitcoin Price Jumps $200 in One Hour – CoinDesk
Bitcoin’s price jumped $200 in an hour and a half on Monday, rising to a 30-day high of $7,800. The world’s largest cryptocurrency by market capitalization climbed after data…
Bitcoin as a Safe Haven? US-Iran Tensions Rekindle Debate – CoinDesk
Bitcoin’s recent price jump after the U.S. killing of a top Iranian general has rekindled a long-running debate among investors: whether it will work as a safe-haven asset like…
Bitcoin Mining Power Hits Fresh All-Time High – CoinDesk
Bitcoin’s hash rate reached record highs this week amid rising prices and anticipation of the miner reward halving later this year. Based on a seven-day average, the hash rate…
Lawsuit Shows How a Public Firm’s $80M Bet on Bitcoin Miners Went Terribly Wrong – CoinDesk
In March 2018, shortly after bitcoin’s bull run to $20,000, a publicly-traded Chinese company invested 500 million yuan, worth $80 million at the time, to buy 100,000 bitcoin mining…
Bitcoin ‘UTXOs in Loss’ at Record Highs Amid Price Sell-Off – CoinDesk
A key metric is hovering at record highs, suggesting investors are likely holding bitcoins even when deep in the red. The number of unspent transaction outputs (UTXOs) in loss…
Highest in 2 Years: 65% of Bitcoin Hash Power Is in China, Report Finds – CoinDesk
For all of bitcoin’s promise of being the world’s first decentralized, peer-to-peer cryptocurrency, 65 percent of the total hash power resides in China. That’s the highest in at least…
Bitcoin Halving Could Leave Price at $20K-$50K, Hedge Fund Manager Says – CoinDesk
Bitcoin’s scheduled mining-reward halving in May 2020 could leave prices for the cryptocurrency in a range between $20,000 and $50,000, according to a new estimate. The projection by Charles…