by DRIVE Newswire | May 9, 2020 at 12:50 | Bitcoin SV
[This interview originally appeared on DRIVE Markets’ company blog here] A conversation with DRIVE Markets CEO, Kate Hiscox, on the decision to partner with Bitcoin SV to launch DRIVE Pay. In April, you launched DRIVE Markets, an institutional cryptocurrency...
by Sara Whister | May 3, 2020 at 12:47 | Bitcoin
Bitcoin had a phenomenal race for three years that had people pursuing it as ‘digital gold’. But, as the cryptocurrency fell more than 50% since its December 18 high, skeptics are beating the drum of the all too familiar term “bubble.” Now,...
by DRIVE Newswire | Apr 22, 2020 at 05:00 | Bitcoin SV
DRIVE Markets ($DRV), the institutional crypto and fiat exchange, announced an investment from entrepreneur Calvin Ayre, founder of Ayre Group and CoinGeek. In a bid to entice traders from the $5 trillion forex market, DRIVE Markets has teamed up with forex giants...
by Brian Curran | Apr 9, 2020 at 10:03 | Bitcoin
Bitcoin’s price climbed past $5,000 earlier this week where it remains now following a brief pullback below $5,000. The positive price movement has coincided with a market-wide surge in altcoins — indicating that Bitcoin and the broader market are still closely...
by Brian Curran | Apr 2, 2020 at 14:37 | Bitcoin
BitMEX Research recently published an extensive analysis of the financial and economic components of Bitcoin’s Lightning Network (LN) designed to shed light on the fee economy of the experimental layer two scaling network. Their evaluation reveals some intriguing...
by Ben Hiscox | Mar 20, 2020 at 02:35 | Bitcoin
Bitcoin’s mining difficulty has consolidated significantly since lows at the end of 2018 that mirrored levels from summer 2018. The difficulty adjustment has remained stable for more than one month, leveling out following an uptick on February 10th. The stabilization...
by Ben Hiscox | Mar 15, 2020 at 01:38 | Bitcoin
According to blockchain metrics site CoinMetrics, Bitcoin’s transaction count has dropped roughly 40 percent over the last 10 days. The drastic decline has been widely credited to the close of VeriBlock’s testnet, which reportedly accounted for 25 - 45 percent...
by Brian Curran | Mar 14, 2020 at 02:43 | Bitcoin
According to Bitcoin metrics website BitcoinVisuals, the number of unique Lightning Network (LN) channels increased from 22,034 on February 7th to 30,064 on March 7th — an increase of roughly 27% over one month. The current number of LN channels is now...
by Brian Curran | Feb 26, 2020 at 22:00 | Cryptocurrencies
DRIVE Markets just announced the launch of their institutional exchange, starting with USD futures for the big five, BTC, BCH, ETH, XRP and LTC. Built on the FIX protocol, DRIVE Markets is targeting funds and brokers seeking the connectivity of conventional forex and...
by Ben Hiscox | Feb 19, 2020 at 22:00 | Bitcoin
Bitcoin’s on-chain transaction volume has been steadily increasing since June 2018 and has now reached levels mirroring January 2018 following a sharp decrease in the ensuing early months of 2018, according to data provided by Blockchain.com. Increasing transaction...
by Brian Curran | Feb 14, 2020 at 21:28 | Featured
A Bitcoin transaction was recently completed via JS8Call — a weak signal, high-frequency radio transmission protocol — in a chain from NVK to Samuel Patterson and finally Adam Curry, documented on Twitter. The transaction is verifiable on Blockchain.info...
by Ben Hiscox | Feb 14, 2020 at 20:40 | Bitcoin
SEC Commissioner — Robert J. Jackson Jr. — recently detailed in an interview with Congressional Quarterly that he expects an SEC-backed Bitcoin ETF proposal to eventually be approved. The SEC has already rejected numerous Bitcoin ETF applications, and CBOE...
by Brian Curran | Feb 13, 2020 at 21:33 | Cryptocurrencies
Reality Shares — a branch of Blockforce Capital — has recently filed a new ETF prospectus with the SEC with NYSE Arca. The new ETF proposal is unique and an effort by Reality Shares — who has already submitted another ETF proposal — to...
by Brian Curran | Feb 3, 2020 at 20:00 | Cryptocurrencies
Wrapped Bitcoin (WBTC) officially launched on January 30th and represents the first one-to-one backing of an ERC-20 token backed by Bitcoin. WBTC is basically a tokenized version of Bitcoin that exists as a smart contract on Ethereum. WBTC employs a similar model to...
by Brian Curran | Jan 25, 2020 at 20:26 | Cryptocurrencies
Bitfury — a full-service blockchain technology company — recently announced their launch of a suite of Bitcoin Lightning Network (LN) tools targeting businesses, developers, and users. Created by their LN development team — Lightning Peach —...
by Brian Curran | Jan 3, 2020 at 03:18 | Bitcoin
Bitcoin’s mining difficulty had dropped three consecutive times since September, following the bearish sentiment in the markets and the decreasing profit margins for mining. However, the difficulty target recently increased and bounced back to levels from earlier...
by Brian Curran | Dec 24, 2020 at 22:02 | Bitcoin
Blog posts and analysis pieces discussing Bitcoin in one context or another are increasingly common. Publications, Medium pieces, and leading industry figures provide some insightful analysis of the multi-faceted legacy cryptocurrency. However, it is the more discreet...
by Brian Curran | Dec 21, 2020 at 12:40 | Bitcoin
Bitcoin’s mining difficulty recently dropped roughly 32 percent in the last month following an extended bear market throughout 2018. As miners continue to shut down due to unprofitability, those who remain mining will be rewarded with increased BTC accumulation (less...
by Brian Curran | Dec 19, 2020 at 13:52 | Bitcoin
Venezuela’s LocalBitcoins volume has reached an all-time high (ATH) this week as the Bolivar extends its spectacular downfall and the authoritarian Maduro regime continues its oppression. According to CoinDance, Venezuela’s weekly LocalBitcoin volume has reached more...
by Brian Curran | Nov 24, 2020 at 02:21 | Bitcoin
Bitcoin’s hash rate has been slowly declining throughout November, mirroring similar levels in early August this year. Currently, the hash rate is roughly 40,349,974 TH/s after rebounding from a 4-month low of approximately 34,727,437 TH/s. The declining hast rate is...
by Brian Curran | Nov 16, 2020 at 01:03 | Cryptocurrencies
Bitcoin Cash has split into Bitcoin SV and Bitcoin ABC today following the community rift led by Craig Wright (Bitcoin SV) and Roger Ver (Bitcoin ABC) that had escalated in the days leading up to the hard fork. It remains unclear which protocol will become the more...
by Brian Curran | Nov 13, 2020 at 11:59 | Featured
There is no direct analogy to compare Bitcoin mining with, but the gold market offers the best practical comparison for the legacy cryptocurrency mining market. Bitcoin’s similarity to gold is threefold; their shared value storage properties, use as settlement mediums...
by Brian Curran | Oct 16, 2020 at 20:21 | Bitcoin
One of the most clearcut use cases for Bitcoin is its unprecedented value for transferring large sums of value. As a censorship-resistant and decentralized network, transferring value between two parties is exceedingly faster, cheaper, and safer than traditional...
by Brian Curran | Oct 10, 2020 at 19:18 | Bitcoin
A recent study from Princeton and Florida International University (FIU) details the potential threat that China poses to the Bitcoin network stemming from its centralized economic, political, and domestic Internet control in the country. According to the report, as...
by Brian Curran | Oct 9, 2020 at 21:27 | Bitcoin
TxTenna — the joint venture between Samourai Wallet and the GoTenna mesh network — is scheduled to launch soon and will enable offline Bitcoin transactions through GoTenna’s mesh network. The result is the ability to send Bitcoin transactions without an...
by Brian Curran | Sep 26, 2020 at 13:30 | Bitcoin
Bakkt is planning on launching in November this year after a long and covert development period that preceded their launch announcement in early August. Bakkt is led by Kelly Loeffler as CEO, and her husband is the chairman and CEO of the Intercontinental Exchange...
by Isabel Contreras | Sep 20, 2020 at 13:20
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by Isabel Contreras | Sep 20, 2020 at 12:49
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by Brian Curran | Aug 8, 2020 at 15:31 | Bitcoin
Venezuela currently has one of the highest inflation rates in history and it has reached extraordinary levels over the last year. Venezuela’s annualized inflation rate surpassed 43,000% this June and the cost for a single cup of coffee reached approximately 1 million...
by Joseph Resher | May 15, 2020 at 18:28 | Featured
Filing your taxes with cryptocurrency income or profits can quickly become a difficult process. Crypto trades can be complex with their transfers, mining, forks, splits, wallet spends and so on. These can occur on several different platforms, as well. It can be...
