Bitcoin Holdings of Grayscale Growing 76% Per Year Hitting New Highs

Grayscale, an American major digital asset management fund, has continued to grow this year, with the total assets under management (AUM) hitting new highs $3.8 billion. A tweet on May 19, Grayscale announced its total AUM hit $3.8 billion, rising over 80% from $2.1 billion in May 2019. Bitcoin Trust Continues To …

Another Bitcoin Trading Product Launch by CME

Mainstream market exchange, the Chicago Mercantile Exchange (CME), recently posted record numbers for its Bitcoin (BTC) trading products.  May 14 returned an open interest of 10,792 Bitcoin futures trading contracts at CME, totalling 53,960 BTC an all-time high for the product. Per the information by a CME representative, another record …

95% of Blockchain Transactions on XRP, EOS and Tezos Don’t Transfer Any Value

According to a new research study, only 2% of transactions on the XRP ledger and 18% of transactions on Tezos (XTZ) lead to value transfers and most of the transactions on EOS, Tezos and XRP do not transfer any value. They noticed that the 95% transactions on EOS during Oct 1, 2019, …

‘Massive’ Class-Action Lawsuit Filed by Crypto Adoption Conference Attendees

David Silver, Securities fraud and investment loss attorney has registered a class-action lawsuit on behalf of attendees against the organizer of the cancelled Massive Adoption crypto conference, charging compensation for damages following its cancellation in January. Per the Complaint filed on May 7, a crypto conference that was assumed to be held …

Now 25X Faster Data Rate On The Network of Blockstream Satellite 2.0

The Blockstream Satellite network broadcasts the Bitcoin blockchain around the world 24/7 for free, protecting against network interruptions and now it is possible to download a full node program without an internet connection with the updated protocol for their satellite service. The satellite network of Blockstream carrying the Bitcoin blockchain …

New Record Set By Bitcoin Hash Rate in 8 Days From Halving

On May 3, the Bitcoin (BTC) hash rate posted a new all-time high (ATH) of higher than 150 Exahashes per second (EX/s) in just eight days from the halving and after the mid-March price crash by 40% over two weeks, started to a small journey of miners operating older hardware. …

Rise in Crypto Scams- PlusToken May Still Affect Bitcoin’s Price

PlusToken is not responsible for the recent Bitcoin price crash, however, they may still affect the market, as scam activities are on a peak between the pandemic. Scams continue to be dominant in the cryptocurrency world, supported by the new coronavirus pandemic; scammers are taking advantage of desperate times and …

U.S Govts’ Emergency Money Plan Criticised By Bitcoin Users, Said it Makes fiat ‘Hard to Value’

Since the United States showing another large stimulus package, Bitcoin (BTC) advocates are informing about losing the value of money.Under a new government plan, the United States would contribute $400 billion on further stimulus projects, which means $2,000 per month for every adult. Emergency Money for the People Two Democrat …

Bitcoin Hash Rate Wiped-out March Losses

According to a report of monitoring resource Blockchain, till April 15, Bitcoin’s (BTC) seven-day average hash rate was 114 quintillion hashes per second (H/s), which shows a fresh sign of recovery as its hash rate bounces back to levels from ere March’s crash. Bitcoin Hash Rate Increased The bitcoin network is …

Official Launch of BTC Options Trading on a Mobile App of Binance

On April 13, Binance, a global cryptocurrency exchange has formally launched Bitcoin (BTC) options trading on its futures trading platform. For now, Options trading is limited to only available on the latest version of a mobile app. Options Contracts Options contracts offer traders the chance to purchase either a right to …