Former Trump chief of staff Mick Mulvaney foresees an “avalancheâ€� of regulations if Biden wins the election, what’s this mean for Bitcoin price? Former Trump chief of staff Mick Mulvaney says a Joe Biden presidency would cause an “avalancheâ€� of regulations. Some economists have also voiced concerns that the Biden administration would lead to a stock market pullback.  This has led many crypto analysts to ponder what impact a strong stock market correction would have on the price of Bitcoin (BTC). During an interview on CNBC’s Squawk […]

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We may not know who Satoshi Nakamoto was, but at least this is one mystery we think we can solve. We reported last week about the latest findings of Sergio Dermain Lerner, who is known for his discovery of the so-called “Patoshi pattern”. His latest research suggested that Satoshi Nakamoto likely used a single pc to mine approximately 1.1 million Bitcoin (BTC). However, it appears that there was something of even greater importance lost in the excitement about this discovery. If Lerner’s latest findings are accurate, it […]

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Bitcoin and altcoins have bounced off their range lows, but they are likely to encounter resistance at higher levels. The U.S. stock market is on track to clock its best August performance since 1984. Meanwhile, Bitcoin (BTC) is attempting a positive close for the month after having declined consecutively in August 2018 and August 2019. However, gold futures and the U.S. dollar index (DXY) have not been in favor, as both could end the month in the red. Berkshire Hathaway disclosed a 5% stake each in five leading […]

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Programmable privacy is about to become a reality. Open-source Blockchain protocol Secret Network announced its intention to add privacy-based secret contracts to its mainnet. The upgrade will take place on September 15 once the proposal is passed by the community. According to the foundation’s announcement, developers will have the opportunity to build and deploy so-called “secretâ€� smart contracts that use encrypted inputs, outputs, and states. Secret contracts could enable many different blockchains to utilize private data in decentralized apps without compromising their user’s personal security. The foundation […]

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Crypto wallet app Klever will allow users to stake cryptos in Cred’s staking programs from within the wallet. Cryptocurrency wallet platform Klever will allow users to stake Bitcoin (BTC), Ether (ETH), Tron (TRX) and other cryptocurrencies in Cred’s staking programs from within the wallet. Cred is a cryptocurrency staking and lending platform that allows users from across 190 countries to lend their cryptocurrency funds in return for monthly rewards in stablecoins, cryptos and fiat currencies.  The new feature will allow Klever users to opt for any of […]

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A vastly improved gross margin on sales contributed to a reduction in net loss of over 90% compared to figures from a year ago. Bitcoin mining rig manufacturer Canaan on Aug. 31 released its unaudited financial results for the second quarter of 2020. While gross profit was up both year on year and quarter on quarter, the company still posted a net loss, albeit one which has narrowed significantly in the last twelve months. The amount of computing power sold in its application specific integrated circuit (ASIC) […]

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Ethereum price soared above the $400 resistance recently, kickstarting what could be a powerful rally to $500. As the price of Ethereum’s native digital currency Ether (ETH) has been showing massive strength recently, the path seems to be continuing toward new highs. Ether price ran from $220 to $445 in the previous five weeks and this is one of the biggest surges for the altcoin in the past 18 months.  However, as the rally didn’t provide many opportunities for laggards to hop on the train, is $500 […]

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