Cryptocurrency

Peter Thiel-Backed Startup Says Texas Is the Best Place to Mine Bitcoin - Cointelegraph Peter Thiel-Backed Startup Says Texas Is the Best Place to Mine Bitcoin - Cointelegraph Posted: 29 Feb 2020 03:35 AM PST Alex Liegl, CEO of Layer1 Technologies, a US-based Bitcoin ( BTC ) mining company that recently announced its intention to repatriate 30% of Bitcoin's hash power by 2022, has described Texas as offering miners the "cheapest power in the world, at scale." Less than two weeks ago, Layer1 commenced mining operations at its facility in western Texas, bringing multiple 2.5-megawatt container rigs online. Texas is the largest producer of wind power in the United States, outproducing the second, third, and fourth-largest producers combined . If Texas were an independent nation, it would be the world's fifth-largest generator of wind power worldwide. Despite the cheap electricity, many miners have avoided the Lone Star st...

Choosing the right Bitcoin poker site - Yahoo Finance Choosing the right Bitcoin poker site - Yahoo Finance Bitcoin OG Receives Public Shaming Following Altcoin Shilling - BeInCrypto An “OG” Bitcoin holder shilled an altcoin a conference, and nobody is all too pleased - CryptoSlate Choosing the right Bitcoin poker site - Yahoo Finance Posted: 08 Feb 2020 12:00 AM PST Although still relatively undernourished compared to the behemoths of online gambling, Bitcoin poker sites are gaining in popularity. Each one will have its advantages and disadvantages, ranging from the quality and quantity of the games plus the security of the site, which should remain a top priority for players. There are numerous benefits to playing poker with Bitcoin, including the avoidance of FX fees, heightened anonymity and faster payouts. Within Bitcoin poker sites there is a mixture of those that accept traditional fiat cur...

What is the most popular cryptocurrency? - Fox Business What is the most popular cryptocurrency? - Fox Business Posted: 11 Feb 2020 12:00 AM PST CoinList co-founder and president Andy Bromberg discusses the trajectory Libra and Bitcoin could take in 2020. Bitcoin is largely believed the be the most popular cryptocurrency . Continue Reading Below The crypto coin made national news in 2017 when its value unexpectedly skyrocketed to $19,873 per share, highlighting the general idea of cryptocurrency and blockchain on a global scale before it was largely being considered as an alternative currency option. 6 REASONS BITCOIN HAS NEARLY TRIPLED IN 6 MONTHS  "The most popular crypto is Bitcoin ... because it was the first one to be widely used and is generally considered the safest to own," Alex Mashinsky, CEO at Celsius Network , a crypto lending and depository company, told FOX Business. "Bit...

Bitcoin Price Falls $1,400 in One Week — Is the Bear Market Back? - Cointelegraph Bitcoin Price Falls $1,400 in One Week — Is the Bear Market Back? - Cointelegraph Posted: 29 Feb 2020 10:08 AM PST This week the equity markets experienced their worst week in 12 years and as this meltdown took place the crypto market also took a hit.  Bitcoin ( BTC ) and the cryptocurrency market saw a significant selloff this week and this outcome is relatively reasonable given that people sell their assets out of fear of potential economic instability. Other safe-haven assets like gold and silver also saw a massive selloff on Friday.  Are the crypto markets going to find support in the coming weeks, or will we see a continued downtrend in momentum?  Crypto market daily performance. Source: Coin360 Selloff ensues after Bitcoin lost key support at $9,400 The price of Bitcoin found resistance at the $10,400 level, after which a test of the ...

'CoronaCoin' cryptocurrency lets traders cash in on coronavirus outbreak - New York Post 'CoronaCoin' cryptocurrency lets traders cash in on coronavirus outbreak - New York Post Posted: 28 Feb 2020 08:33 PM PST A new cryptocurrency will let buyers reap grim benefits from the number of people who fall ill or die from the deadly coronavirus outbreak. The Bitcoin-like cryptocurrency, called CoronaCoin, will operate off a morbid, and gimmicky, structure: the number of available coins — called "tokens" — will decrease, and so gain in value, as more people die of the virus, the currency's website reads . CoronaCoin creators established a set number of 7,604,953,650 tokens in the world representing the estimated population of Earth. "As the number of infected/dead from the virus increases, the number of tokens are manually burned every 48 hours," the website reads. "So for every ...

Key Highlights BNB/USD market valuation has been on a retracement moving mode. The BNB/USD pair is likely to retard any fake downside pressures around the $20 point. The SMA trading tools have indicated a $20 price zone as a crucial trading line. Binance Coin (BNB) Price Analysis • Major supply zones: $30, $35, $40 • Major demand zones: $15, $10, $5 The BNB/USD market valuation has been on a retracement moving mode about a couple of weeks until the present. The US dollar has slightly continued to push the crypto’s value downward to trade around $20 mark. In the recent past, the BNB/USD trade was trading a bit over $25 value. And, the crypto, in the long run, lost momentum to see the market through obtaining another higher mark. However, the downward pressures haven’t been on a high note. In other words, the pair is likely to retard any fake downside pressures. Binance Coin (BNB) Technical Indicators Reading Over time, the BNB/USD trade has been recording a line of tactic ...

The dominance of Bitcoin is on the rise once again, amidst declining momentum in the crypto market. It puts the so-called “altseason” at risk of a falloff as bearish sentiment ensues. The crypto market is on the decline as Bitcoin falls The crypto market remains vulnerable to a sizable correction after a near 50 percent rally since December 2019. Subsequent to 100 percent gains, major alternative crypto assets such as Ethereum, Bitcoin Cash, and EOS have fallen by around 20 percent on average. Due to various technical structures and fundamental factors such as the inverse head and shoulders (IHS) formation on the daily chart of Bitcoin, open interest in the margin trading market, and the funding rate of perpetual swaps, traders have started to call for a steep percent correction in the short-term. Fiat inflows into the crypto market primarily come through bitcoin. As such, alternative crypto assets tend to increase only when the price of bitcoin recovers. For that reason, when ...

This week the equity markets experienced their worst week in 12 years and as this meltdown took place the crypto market also took a hit.  Bitcoin (BTC) and the cryptocurrency market saw a significant selloff this week and this outcome is relatively reasonable given that people sell their assets out of fear of potential economic instability. Other safe-haven assets like gold and silver also saw a massive selloff on Friday.  Are the crypto markets going to find support in the coming weeks, or will we see a continued downtrend in momentum?  Crypto market daily performance. Source: Coin360 Selloff ensues after Bitcoin lost key support at $9,400 The price of Bitcoin found resistance at the $10,400 level, after which a test of the $9,400 support was heavily needed. The $9,400 level was unable to provide sustainable support and as the price fell through it this caused a significant selloff throughout the crypto market. BTC USDT daily chart. Source: TradingView The sell-...

ETH/USD is range-bound with a bearish bias on the intraday level. The strong resistance is located above the current price. Ethereum is changing hands at $224.15 with a short-term bearish bias amid expanding volatility. Ethereum (ETH) is the second-largest digital asset with the current market value of $24 billion. While barely changed on a day-to-day basis, ETH/USD has lost 1.45% since the beginning of Saturday.  On the intraday level, ETH/USD is moving within a triangle pattern, which may result in a strong movement depending on the direction of the breakthrough. The upper line of the triangle is currently at $232.85. It is reinforced by SMA100 1-hour at $230. If this resistance area is cleared, the upside momentum may gain traction with the next target at $248.00 (SMA200 1-hour and SMA50 4-hour) closely followed by psychological $250.00. If the price moves below $220.50, which is the lower boundary of the triangle reinforced by the lower line of 4-hour Bolli...

Blockchain For Good: How The United Nations Is Looking To Leverage Technology - Forbes Blockchain For Good: How The United Nations Is Looking To Leverage Technology - Forbes Posted: 27 Feb 2020 06:03 AM PST The United Nations logo is seen at the United Nations Headquarters in New York (Photo by Angela ... [+] Weiss / AFP) (Photo by ANGELA WEISS/AFP via Getty Images) AFP via Getty Images Recently, the United Nations was recognised for its use of blockchain technology in Forbes' second  Blockchain 50 List . The 75-year-old organization, which has an important role to play in global humanitarian efforts, has been looking to leverage the emerging technology in several areas.  From assisting in the fight against climate change to disbursing funds to Syrian refugees using blockchain-verified iris scans instead of ID cards, the UN has looked to advance its cause with the help of a technology that is still finding its niche.  The idea of ...