Today’s Bitcoin News Report: Best Cryptocurrency Stories Overview to Read
BTC, ETH, XRP and BCH Price Watch: Today’s Cryptocurrency Coin Chart Predictions
Prices change every day in the crypto industry. Knowing what to look for can make the difference between a profit and a gain. Check out how some of the top-performing crypto assets are doing today.
Cisco Report Sees University Campuses as the Second Largest Miners of Cryptocurrency
Many cryptocurrency exchanges would not survive without the work that miners put in, validating transactions for their own reward. While many people think that mining farms and mining companies are the most popular resources for these validations, a recent report from Cisco revealed an interesting origin for the second-highest mining efforts – university campuses.
Bitcoin’s Money Flow Index Analysis: Did We Touch Down on BTC’s Bottom in December?
Bitcoin’s value is presently above $3900, but the crypto winter had brought substantial lows in December. Was that the bottom of BTC, or is there further to go?
Looking into Global Powerhouses’ JP Morgan and Facebook’s Entrance into the Crypto Market
With plenty of crypto exchanges looking to offer products that will bring in institutional investors, it should come as no surprise that other companies are looking to do the same. While the decisions of JP Morgan and Facebook are rather surprising, considering their stances on cryptocurrency in the past, investors would be keen to learn more. Dive in and see exactly what this coin could do for the market, and how they plan to launch to their target audience.
CoinShares Chart Shows 16% of Bitcoin (BTC)’s Circulating Supply is Already in Third-Party Hands
Part of the appeal of Bitcoin has always been in the limited supply that Satoshi Nakamoto created at the beginning of this crypto asset’s life. As more tokens are uncovered, the mining rewards are impacted, as well as the price tag for BTC. Now, a recent chart from CoinShares suggests that third parties presently possess about 16% of the circulating supply. What does that mean for the rest of the market?
Tone Vays’ Bitcoin Bet: If You Think BTC is Going Below $2,000 then 100 Bitcoins Are Yours
The crypto industry is no stranger to wagers, particularly with Bitcoin. While some gamblers like to aim high for a future price point, Tone Vays is taking a different path, saying that he sees Bitcoin dropping below $2,000. If he loses the bet against whoever will take his odds, the victor stands to gain at least $250,000. Are you willing to risk it?
Reddit Crypto Community Proposes New Fractional-Bitcoin Symbols to Standardize Satoshis
Reddit is a popular social media website that allows users to voice their opinions on a range of topics, including cryptocurrency. Now, the crypto side of the website is suggesting that Satoshis, the smallest form of Bitcoin, should be given their own “Satoshi symbol,” which may look like a lightning bolt, a dollar sign, or something entirely different. What do you think the potential symbol will look like?
Here’s Why Bitcoin is All Set to Become the Common Currency of the World with Lightning and Zap
After many experts have suggested that the world is not ready to take on Bitcoin as a world currency, the lead developer for Zap suggests that BTC is prepared to take on the world. Bringing forth solutions for scalability and the Lightning Network, developer Jack Mallers explains the positive reception that this idea is bringing, and how Bitcoin could break down the barriers that hold the East and West apart.
Reddit Burner Account User Attempts to Unveil Brock Pierce’s Mt. Gox Bitcoin Refund Scheme
Brock Pierce has been aggressive in his pursuit of launching GoxRising, a revival of Mt. Gox, but many of his plans have remained unclear as a result of legal ownership concerns. However, it looks like one Reddit burner account has exposed his plans, saying that Pierce plans to create a vote list to petition for the ownership in court. Though Pierce denies the plan, the Redditor had plenty more to say.
FlashFX Works with Ripple’s Blockchain Ledger to Provide Efficient Services to Transfer Funds
Ripple’s products are known for helping consumers to send funds across borders with minimal fees and fast transfers, which is exactly why FlashFX is getting involved. The founders of FlashFX sat down with Crypto Tech News to talks about the support of Ripple and how distributed ledger technology helps them to better assist their users.
Vancouver, Canada-based Financial Institution Pinpoints Bitcoin Price’s All Time High Return
Canaccord Genuity Capital Markets publishes new chart that projects Bitcoin’s rise back up to $20,000 again, but they do not think it will happen until 2021. Many experts are starting to agree, as both Michael Graham and Scott Suh speak on the trend that the market saw before December 2017. Between selling pressure and multiple other “catalysts,” HODLers may want to be sit tight as they wait to rise again.
Ripple Gains Support on Huobi Global’s OTC Market Today as XRP Trading Goes Live
Huobi recently welcomed XRP to the over-the-counter trading services that they provide, and the crypto asset goes live today. As the company promotes the addition of this token on social media, the value of XRP has started to rise, rallying the support of new and existing community members.
Cardano Blockchain 3.0 Event Hype Sees ADA Coin’s Value Increase Amidst New Development Talks
Cardano has remained separate from the development of efforts to increase the value of its crypto asset, as others measure themselves against Bitcoin. While other tokens have seen fast gains that have already declined, Cardano must be doing something right – their Bitcoin worth has risen by 2.82%, and even its USD worth has gone up by over 6%.
IMF’s “High-Level Advisory” Welcomes the Likes of Circle CEO and Ripple Founder to the Group
The International Monetary Fund has welcomed Circle’s CEO and Ripple’s founder to their new advisory group, as they lead discussions on fintech and security. Find out what they discussed and how that could potentially impact the rest of the crypto market.