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Bitmain Announces Energy-Efficient ASIC Chip for Mining Bitcoin and Bitcoin Cash

Chinese mining giant and ASIC hardware producer Bitmain has announced its next generation 7nm (nanometer) ASIC mining chip, according to a press release published on Monday, Feb. 18. The new mining hardware, BM1397, is designed for mining cryptocurrencies that use the SHA256 algorithm for their proof-of-work (PoW), such as Bitcoin …

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Bitcoin [BTC]’s Golden Cross Theory: The bottom for Bitcoin is closer than expected

Opinion Bitcoin had suffered a massive attack from the bears in 2018 and at the start of 2019. The prices seem to be stuck in a loop, bouncing between resistance points, tracing a sideways movement. The price hasn’t seen any huge movements ever since it fell down from the $6,000 …

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Bitcoin Cash [BCH]: Roger Ver promises to sell his Bitcoins if the block size drops to 300KB

The debate around the block size of Bitcoin has long been a contentious topic for the Bitcoin community and has even led to divisive hardforks, with Bitcoin Cash [BCH] and Bitcoin [SV] being prominent examples. Luke Dashjr, a Bitcoin Core Developer who recently fronted the idea of a decrease in …

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Bitcoin [BTC] will be inadvertently adopted as the global reserve currency, says Anthony Pompliano

Despite a largely bearish trend, Bitcoin has started to get some form of institutional support as well as promotion by esteemed financial personalities who have all been very vocal in their stance regarding Bitcoin’s supposed superiority over other coins. Anthony Pompliano, the founder of Morgan Creek Digital, recently tweeted after …

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Analyst: Despite 80% Drop Bitcoin Network is as Strong as Ever, Enduring Fundamentals

Bitcoin (BTC) may be struggling price-wise, but an array of analysts claim that from a fundamental perspective, the cryptocurrency is stronger than ever. And while headlines have focused on impending institutional involvement, whether it be through Bakkt, Fidelity, ErisX, or otherwise, little attention has been drawn to Bitcoin’s network statistics. …

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Bitcoin Price Tops $3,800, Ethereum and XRP Surge As Cambridge Associates Advises Institutional Investors to Buy Crypto

  Institutional consultancy firm Cambridge Associates says it’s time for institutional investors to buy cryptocurrency. Cambridge, a consultant for pensions and endowments, says the fundamentals are strong. It recommends investors take “a considerable amount of time learning about the space” before jumping in, reports Bloomberg. “Despite the challenges, we believe …

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Pump! EOS gains 22%(!), Bitcoin Cash 21%, Bitcoin passes $3,900

Over the past 24 hours, crypto markets have been receiving significant amounts of capital coming from fiat currencies. Global market capitalization has increased in nearly $10 billion, or about 8%, with tokens from the top 10 leading the way clearly. The latest price surge is not as sudden as some …

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Where is Bitcoin and Ethereum going next? Is the next bull run in sight?

Cryptocurrency investors woke up to a sea of green, with the entire crypto market showing impressive numbers all over the board. Ethereum was the one coin that bucked the trend, and turned the markets from sideway movement, to bullish in less than 24 hours. Could this finally be the beginning …

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ATPTrucks to Accept Cryptocurrency Payments Including Bitcoin Diamond – Press Release

Automotive specialist now expanding their payment options to include cryptocurrency MERIDIAN, Idaho – February 18, 2019 – (Newswire.com) MERIDIAN, Idaho, February 18, 2019 (Newswire) – Automotive specialist ATPTrucks has announced that it will accept payments in cryptocurrency, powered by e-commerce project Chimpion. Founded in 2007, ATPtrucks specializes in truck performance, …

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Short-Term Crypto Bear Calls For ‘Melt Your Face Off” Bitcoin (BTC) Rally

Next Bitcoin Rally Could Return 32x  While many investors have been enamored with Monday’s short-term rally, which has seen Bitcoin (BTC) run by 8% to near the ever-important $4,000 level, some analysts have kept their trading mindsets static. Financial Survivalism, a self-proclaimed “financial revolution prepper,” recently remarked that in the …

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