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As The Bitcoin Price Soars, Bitcoin’s ‘Real’ Crypto Market Dominance Is Revealed

Bitcoin has soared this week, rocketing above $11,000 for the first time since August last year and adding around 20% in just a few days. Some smaller cryptocurrencies have made massive gains in recent months as bitcoin treaded water, eating into bitcoin’s dominance—a measure of bitcoin’s value compared to the wider cryptocurrency market. However, some have suggested […]

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Regulatory Uncertainty Greatest Problem For Blockchain Entrepreneurs, Says Producer

A regulatory environment characterized by widespread uncertainty is the single biggest challenge facing entrepreneurs in the digital currency and blockchain industry, according to J.D. Seraphine, who produced the docuseries “Open Source Money.” The show, which started airing July 4 on Discovery Science, follows the challenges of Joe Roets, the architect, founder, and CEO of Dragonchain, as […]

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Last Time This Bitcoin Statistic Hit A New High, BTC Surged 3.5x—And It’s Back

The so-called “HODLwave” of Bitcoin has hit a new all-time high. The metric indicates the amount of unmoved BTC on the blockchain in the past 12 months. It typically suggests that investors are increasingly accumulating the dominant cryptocurrency. Researchers at Cryptowatch, a crypto market data company owned by U.S. exchange Kraken, wrote: “Bitcoin’s 1-year HODL wave—BTC unmoved […]

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Novogratz: Global ‘Liquidity Pump’ Will Keep Bitcoin Rising, Price to Hit $20K This Year

Billionaire investor Michael Novogratz said global “liquidity pump” from stimulus packages will keep driving bitcoin’s price higher. He expects the price of bitcoin to reach $20,000 this year, fueled by retail investors shifting to the cryptocurrency.Mike Novogratz’s Bitcoin PredictionGalaxy Digital CEO Michael Novogratz said on Tuesday that bitcoin and gold have more room to grow […]

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China Aims to Be the World’s Dominant Blockchain Power – With Help From Google, Amazon and Microsoft

A state-backed blockchain infrastructure project from China aims to be the dominant internet services provider for decentralized applications (dapps). Its first-mover advantage is significant, as are the geopolitical risks. The project, called the Blockchain-based Service Network (BSN), is expanding globally as U.S.-China relations become increasingly tense. BSN is a Chinese state-sanctioned blockchain project, but few may […]

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Power Plants in Iran Now Authorized to Mine Bitcoin

Power plants in Iran are allowed to mine cryptocurrencies, the deputy head of the country’s Power Generation, Distribution, and Transmission Company (Tavanir) has reportedly confirmed. Mostafa Rajabi Mashhadi, deputy head of Tavanir, explained that entities have to apply for the necessary licenses from the Ministry of Industry, Mine and Trade, and comply with the tariffs set […]

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