Bitcoinโs block reward halving may be just hours away, two hours away by most estimates, but that hasnโt stopped the price from dumping. The cryptocurrency just slid as low as $8,380 just minutes ago, visiting the levels it was trading at just 24 hours ago. This came after Bitcoin rallied as high as $9,200 on Monday morning, seemingly responding to the hype around the imminent halving and a Paul Tudor Jones CNBC segment on Bitcoin. This meant that BTC sustained a drop of 9%. Bitcoin price chart of May 9…
Day: May 11, 2020
What I REALLY Think Of Cryptocurrency
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io Hey guys!! In this video, I talk about investing in cryptocurrency! Hope you enjoy the video!! Don’t forget to like it and subscribe to my channel! ———————————– Learn what my mentors taught me that allowed me to make money trading the financial markets – ———————————– Follow me on: INSTAGRAM โ FACEBOOK โ SNAP โ tonyb342 ———————————– Disclaimer Trading can contain substantial risk and is not suited for every investor. An investor could potentially lose all or more than its initial investment. The…
Can Central Bank Digital Currencies Protect Individual Privacy?
Crypto industry leaders and law experts debated the privacy implications of central bank digital currencies (CBDC) during the โMoney Re-Imaginedโ panel as part of Consensus:Distributed on May 11. Lawrence Summers, the former U.S. Treasury Secretary and former chief economist of the World Bank, argued that the current fiat monetary system exhibits issues of too much privacy, advancing that a CBDC should seek to facilitate greater oversight capabilities. Current monetary system has โtoo much privacyโ Summers argued that supporting the anonymous movement of multi-million dollar sums of money should not be…
๐ URGENT WARNING TO ALL BITCOIN BEARS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
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Unprofitable Miners Already Leaving Bitcoin Network Ahead of BTC Halving
With the halving scheduled to happen in just under four hours, unprofitable miners have already begun shutting down their equipment, vice president at major mining pool Poolin Alejandro De La Torre said in a May 11 interview with Cointelegraph. Per his estimations, these miners account for โ15-30%โ of the entire Bitcoin (BTC) hash rate. โMining farm personnel are shutting [their units] off as we speak since they will not want to do it after the halving โ because then they’re losing money,โ De La Torre told Cointelegraph.ย The miners who…
The Bull Run May Not Come Immediately After Bitcoinโs Halving as Many Expect
With the halving just a few hours away, investors and โhodlersโ alike are growing overwhelmingly bullish about what the future holds for Bitcoin. Venture capitalist Tim Draper, for instance, argues that the supply shock could see the flagship cryptocurrency surge towards $250,000. Meanwhile, former hedge fund manager Raoul Pal believes that BTC may skyrocket to $1,000,000 within the next three years. The stakes around the upcoming block rewards reduction event are high and even billionaire Paul Tudor Jones affirmed to have 2% of his assets in BTC. Regardless of the…
The Bull Run May Not Come Immediately After Bitcoin’s Halving as Many Expect
With the halving just a few hours away, investors and โhodlersโ alike are growing overwhelmingly bullish about what the future holds for Bitcoin. Venture capitalist Tim Draper, for instance, argues that the supply shock could see the flagship cryptocurrency surge towards $250,000. Meanwhile, former hedge fund manager Raoul Pal believes that BTC may skyrocket to $1,000,000 within the next three years. The stakes around the upcoming block rewards reduction event are high and even billionaire Paul Tudor Jones affirmed to have 2% of his assets in BTC. Regardless of the…
Zcash Alliance Aims to Bring Privacy Tech to Bitcoin, Cosmos and Ethereum
A handful of big names in crypto want in on the privacy features offered by Zcash. โIt is humbling and inspiring that such a strong group of builders is leaning in to push that mission forward and help guide the future of Zcash,โ privacy coin co-founder Zooko Wilcox said in a press statement.ย The Electric Coin Company (ECC) announced Monday the launch of the Zcash Developers Alliance (ZDA), an invite-only working group that includes the Lightning Network startup Bolt Labs, the cross-chain technology startup Thesis, the Ethereum conglomerate ConsenSys and…
BITCOIN ABOUT TO PLUNGE?! *New Catalyst* ๐ฅ LIVE Crypto Analysis TA & BTC Cryptocurrency Price News
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io Bitcoin Price Analysis & Crypto News! ๐ THUMBS UP & SUBSCRIBE NOW + ๐! ******* ๐จ VIP ELITE PRIVATE TRADE ALERTS- **** Disclaimer: The content covered in this video/live stream is NOT to be considered as investment advice. Iโm NOT a financial adviser. These are only my own personal and speculative opinions, ideas, theories, hypotheses, charts, technical analysis (TA), insights, curated news publications and price prediction(s). The technical analysis in this video/live stream is completely speculative and does NOT guarantee any specific…
Join Cointelegraphโs Bitcoin Halving Party Live on YouTube!
As the Bitcoin halving approaches, Cointelegraph is throwing a live Bitcoin halving party starting today at 10 AM EDT on our YouTube channel! Join us for live panels with our own globally distributed editors, who will be speaking with some of the biggest names in the crypto space. Weโve got Tim Draper, Roger Ver, Tom Lee, Meltem Demirors, Emin Gun Sirer, Bobby Lee, and many others joining the party. Check out the full event schedule below. Donโt forget to subscribe to the channel and hit the bell icon to get…