Can Github Remove the Bitcoin Codebase? Recent Repository Takedown Has Proponents Worried

On October 23, the Microsoft-owned Github leveraged an ostensible DMCA takedown in order to remove 18 projects from the code-hosting portal. According to sources, the takedown stemmed from a request filed by the Recording Industry Association of America (RIAA). Github’s recent move has made the crypto community quite leery of the platform and some proponents […]

The post Can Github Remove the Bitcoin Codebase? Recent Repository Takedown Has Proponents Worried appeared first on Bitcoin News.

Hash Watch: 73% of Bitcoin Cash Blocks Mined With BCHN, Poloniex Launches Fork Futures

Hash Watch: 73% of Bitcoin Cash Blocks Mined With BCHN, Poloniex Launches Fork FuturesThe Bitcoin Cash (BCH) upgrade is 21 days away and there’s a possibility the blockchain may bifurcate on November 15. On Sunday, October 25, statistics show that 731 out of the last 1,000 blocks have been mined using the BCHN full node software. Bitcoin Cash proponents are patiently waiting for the next BCH upgrade that’s […]

The post Hash Watch: 73% of Bitcoin Cash Blocks Mined With BCHN, Poloniex Launches Fork Futures appeared first on Bitcoin News.

‘Oracle’ Vinny Lingham Expects High Bitcoin Volatility, BTC Price Likely to Hold $12K Handle for 30 Days

'Oracle' Vinny Lingham Expects High Bitcoin Volatility, BTC Price Likely to Hold $12K Handle for 30 DaysFour years ago, Vinny Lingham predicted bitcoin’s bull run and a number of bitcoiners have referred to him as the “oracle.” On Twitter, Lingham is once again giving his predictions on bitcoin’s future prices. He’s also noted this month that he’s “bullish on bitcoin” and hasn’t felt this way since 2016. The former CEO of […]

The post ‘Oracle’ Vinny Lingham Expects High Bitcoin Volatility, BTC Price Likely to Hold $12K Handle for 30 Days appeared first on Bitcoin News.

CME’s Bitcoin Futures Rise Suggests Institutional Investors Are Starting to Swarm Toward Crypto

CME's Bitcoin Futures Rise Suggests Institutional Investors Are Starting to Swarm Toward CryptoThe Chicago Mercantile Exchange (CME) has become the second-largest derivatives market for bitcoin futures in terms of open interest. The popular exchange has seen an influx of demand since the recent Paypal announcement and the Bitmex debacle as well. Data shows that the Bitcoin Mercantile Exchange (Bitmex) open interest for bitcoin futures has taken a […]

The post CME’s Bitcoin Futures Rise Suggests Institutional Investors Are Starting to Swarm Toward Crypto appeared first on Bitcoin News.

Prepping for Next Year’s Travel Rule: 25 US Crypto Service Providers Publish Compliance Solutions Paper

Prepping for Next Year’s Travel Rule: 25 US Crypto Service Providers Publish Compliance Solutions PaperA great number of cryptocurrency businesses are preparing for the upcoming Financial Action Task Force (FATF) rules toward cryptocurrencies, specifically the Travel Rule. This month 25 Virtual Asset Service Providers (VASPs) published a paper that outlines how American-based VASPs aim to comply with the FATF Travel Rule. Digital currency companies, otherwise known as Virtual Asset […]

The post Prepping for Next Year’s Travel Rule: 25 US Crypto Service Providers Publish Compliance Solutions Paper appeared first on Bitcoin News.

Bitcoin Businesses on the Mend: Report Shows 57% of Crypto Execs Expect the Industry to Accelerate, Companies Are Hiring

Bitcoin Businesses on the Mend: Report Shows 57% of Crypto Execs Expect Industry to Accelerate, Companies Are HiringDigital Currency Group (DCG) recently published the firm’s “State of Crypto 2020” report which polls more than 150 portfolio crypto companies. According to the study, 75% of the respondents believe the value of their business has grown this year, while 50% of the startups have seen outperforming start-of-year projections. The state of the cryptocurrency industry […]

The post Bitcoin Businesses on the Mend: Report Shows 57% of Crypto Execs Expect the Industry to Accelerate, Companies Are Hiring appeared first on Bitcoin News.

8 Countries Stricken With Rampant Inflation See Bitcoin Prices Touch All-Time Highs

8 Countries Stricken With Rampant Inflation See Bitcoin Prices Touch All-Time HighsThe price of bitcoin touched new highs in 2020 and a number of supporters are optimistic that the crypto asset’s value will drive higher. In addition to this year’s bitcoin price high, around eight different countries have seen bitcoin touch all-time highs (ATH) in their local currency. The bitcoin ATHs in these countries show how […]

The post 8 Countries Stricken With Rampant Inflation See Bitcoin Prices Touch All-Time Highs appeared first on Bitcoin News.

Price Increase Drives 98% of Bitcoin Holders Into a State of Profit

Price Increase Drives 98% of Bitcoin Holders in a State of ProfitThe price of bitcoin jumped significantly on Wednesday after the payment processor Paypal announced cryptocurrency support. The jump in value has pushed a large number of bitcoin holders into a state of profit, according to Glassnode “percent of UTXOs in profit” statistics. Based on the current data, 98% of all bitcoin UTXOs are in a […]

The post Price Increase Drives 98% of Bitcoin Holders Into a State of Profit appeared first on Bitcoin News.

World Gold Council Survey Shows Cryptocurrency Investment the 5th Most Popular in Russia

World Gold Council Survey Shows Cryptocurrency Investment the 5th Most Popular in RussiaAccording to a recent research survey, cryptocurrency investment is a touch more popular than gold in Russia. An organization called the World Gold Council surveyed 2,023 investors and cryptocurrency turned out to be the fifth-largest investment next to gold. The World Gold Council (WGC) is considered an authority on the gold industry as the market […]

The post World Gold Council Survey Shows Cryptocurrency Investment the 5th Most Popular in Russia appeared first on Bitcoin News.

$10 Billion in BTC Reserves: Companies With Bitcoin Treasuries Command Close to 4% of the Supply

$10 Billion in BTC Reserves: Companies With Bitcoin Treasuries Command Close to 4% of the SupplyThe web portal bitcointreasuries.org now shows close to two dozen firms with a large number of bitcoin reserves. Currently, the aggregate total bitcoin held in reserves by the 23 companies listed is roughly 785,999 BTC worth well over $10 billion dollars. This past August the billion-dollar firm Microstrategy announced it purchased 21,454 BTC for around […]

The post $10 Billion in BTC Reserves: Companies With Bitcoin Treasuries Command Close to 4% of the Supply appeared first on Bitcoin News.