The post Bitcoin News Summary – June 29, 2020 appeared first on 99 Bitcoins. ????? The biggest news this week was that the PayPal company is planning direct sales … Bitcoin News Summary – June 29, 2020 Read More » [Read More...]

The post Bitcoin News Summary – June 22, 2020 appeared first on 99 Bitcoins. ???? Although many expected many Bitcoin miners to drop out following the recent Halving’s reduction … Bitcoin News Summary – June 22, 2020 Read More » [Read More...]

The post Bitcoin News Summary – June 15, 2020 appeared first on 99 Bitcoins. ??? Lichtenstein’s Bank Frick is using Circle exchange’s USDC stablecoin instead of SWIFT for transferring money internationally. Bank Frick is a leader in integrating crypto services, and claims USDC is significantly faster than SWIFT. If this trend continues as expected, SWIFT technology, first implemented in the 1970’s, could soon be replaced. Soft drink vending machines … Bitcoin News Summary – June 15, 2020 Read More » [Read More...]

The post Bitcoin News Summary – June 8, 2020 appeared first on 99 Bitcoins. ? Coinbase is offering blockchain tracking software to US federal agencies. Public records revealed that Coinbase wants to sell its blockchain tracking service to the Internal Revenue Service as well as the Drug Enforcement Administration. This software will link blockchain addresses to real identities of US and non-US citizens based on publicly-available data. Bitcoin mining [Read More...]

The post Bitcoin News Summary – June 1, 2020 appeared first on 99 Bitcoins. Barry Silbert’s Grayscale Bitcoin Trust has been accumulating more than the daily Bitcoin supply since the halving. More than 12000 BTC have been mined since the halving, whereas Grayscale has purchased almost 19000 BTC since that event. Prominent Bitcoiner, Tyler Winkelvoss, took to Twitter to call out investment bank, Goldman Sachs. A day before, Goldman [Read More...]

The post Bitcoin News Summary – May 25, 2020 appeared first on 99 Bitcoins. ? 40 BTC were sent from an address which originally mined them back in 2009, a month after Bitcoin’s launch. While it’s possible that Satoshi himself is moving coins, the evidence suggests some other early miner is the owner. Interestingly, this early address was claimed by Craig Wright as one of his own in his [Read More...]

The post Bitcoin News Summary – May 18, 2020 appeared first on 99 Bitcoins. ?????????????? As you probably heard, the Bitcoin halving occurred on Monday. F2Pool mined the last block before the reward was halved; block number 629,999. F2Pool also embedded a message into the block referencing a newspaper headline, similar to the one Satoshi embedded in Bitcoin’s first-ever block. Major US investment bank, JP Morgan Chase, is offering [Read More...]

The post Bitcoin News Summary – May 11, 2020 appeared first on 99 Bitcoins. ????????????? Bitcoin’s price dropped by 15% on Sunday just 2 days before the block reward halving. The unexpected drop is likely to have caught many traders off guard and data shows that BitMEX hourly liquidations reached $226 million. Famous hedge fund manager, Paul Tudor Jones, whose fund has $7.8 billion under management, announced that he’s [Read More...]

The post Bitcoin News Summary – May 4, 2020 appeared first on 99 Bitcoins. ???????????? The Brave browser, known for its Basic Attention Token crypto rewards for viewing ads, announced integration with the Binance exchange. The latest desktop version of Brave features a widget that allows users to buy and trade crypto through Binance, as well as view and manage their crypto portfolio. The widget should launch on Brave’s [Read More...]

The post Bitcoin News Summary – April 27, 2020 appeared first on 99 Bitcoins. ??????????? News regarding the Chinese digital currency has been emerging more frequently in the past few weeks. The latest local report on the matter claims that testing has already begun in mainland China. Trial runs include catering and retail industries, including massive U.S. chains Subway, Starbucks, and McDonald’s. HDR Global Trading, which operates the BitMEX [Read More...]

The post Bitcoin News Summary – December 9, 2019 appeared first on 99 Bitcoins. ; ??????????????????? Ethereum successfully upgraded to its latest version, dubbed “Istanbul” over the weekend. The update contains numerous improvements that address Ethereum’s security against DDoS and spam attacks, gas usage costs, and smart contract flexibility. Istanbul also makes Ethereum interoperable with Zcash. While the fork was highly anticipated, the effect on the price of ETH [Read More...]

The post Bitcoin News Summary – April 20, 2020 appeared first on 99 Bitcoins. ?????????? Leaked photos of an interface of a digital Yuan recently came to light. Despite lacking confirmation from Chinese authorities, the report outlined basic functions noticeable from the screenshot including the possibilities of both online and in-person transactions. The country is inching closer towards launching its central bank digital currency. Purse.io is dissolving operations after 6 [Read More...]

The post Bitcoin News Summary – December 16, 2019 appeared first on 99 Bitcoins. ; ???????????????????? The United States Department of Justice arrested key figures in the BitClub Network ponzi scam. The scam is said to have pulled in over $722 million and remains active in several countries, such as Japan and South Africa. In 2016 our 99 Bitcoins website warned readers of the risks of the BitClub Network. [Read More...]

The post Bitcoin News Summary – April 13, 2020 appeared first on 99 Bitcoins. ????????? The two largest Bitcoin forks, BCH and BSV, halved this week. BCH’s hashrate volume fell by nearly 80% following the event, as miners switched over to the original Bitcoin chain, which is now more profitable to mine given its rewards have yet to halve. The relative prices of the 3 coins are largely unchanged. [Read More...]

The post Bitcoin News Summary – December 23, 2019 appeared first on 99 Bitcoins. ; ?????????????????????? Blockchain analytics firm, Chainalysis, reported some downbeat price predictions based on its tracking of funds acquired by the massive PlusToken ponzi. PlusToken raked in over $2 billion from mostly Chinese citizens before the scam was busted and several leaders arrested. Those that remain at large have just under half their ill-gotten gains yet [Read More...]

The post Bitcoin News Summary – April 6, 2020 appeared first on 99 Bitcoins. ???????? Binance acquired the leading cryptocurrency price reporting website, CoinMarketCap. Binance paid a reported $400 million for the site, which has been running since 2013. The site is currently ranked as the 570th most popular on the web. Both entities will remain entirely independent, according to the official releases. Fintech pioneer, Revolut, enabled crypto and [Read More...]

The post Bitcoin News Summary – December 30, 2019 appeared first on 99 Bitcoins. ; ??????????????????????? Google-owned video giant YouTube had erroneously removed several cryptocurrency-related videos. YouTube representatives have claimed that the removals were done in error and some content has started to be restored. Nonetheless, the unilateral nature by which YouTube videos were removed has led many content creators to explore migration to decentralized video hosting alternatives. At [Read More...]

The post Bitcoin News Summary – March 30, 2020 appeared first on 99 Bitcoins. ??????? Binance exchange is bringing a new crypto debit card, called Binance Card, to market. While the card currently exists virtually, it will soon be available in plastic form. The card can be funded with either Bitcoin or Binance’s own exchange currency, Binance Coin. The card will be issued by Visa, making it usable just [Read More...]

The post Bitcoin News Summary – January 6, 2020 appeared first on 99 Bitcoins. ; ???????????????????????? The 3rd of January marks the 11th anniversary of the “genesis block,” the first-ever Bitcoin block mined by Satoshi Nakomoto in 2009. Bitcoin shows no signs of slowing down as it ages, with hashrate surging to new highs at the start of 2020. Over 2019, Bitcoin transferred a total of $673 billion in [Read More...]