Stampede Ventures — a production company owned by ex-Warner Bros. president Greg Silverman — has partnered with Cameron and Tyler Winkelvoss to produce a movie featuring the brothers’ story as portrayed in the best-selling book “Bitcoin Billionaires.” According to the report published on Deadline, Silverman will be co-producing the movie along with Jon Berg, who
Bitcoin News
The battle of Bitcoin (BTC) versus fiat money is witnessing not a flippening but a “flattening” as coronavirus upends economic policy. A chart of the United States’ M2 money supply compared to the largest cryptocurrency shows that while one is leveling out its supply, the other is going “parabolic.” BTC hardens, USD goes “parabolic” Uploaded
The Leicester Crown Court ordered the seizure of over £1.8 million ($2.29 million) on June 8 from a UK individual who operated a multi-billion crypto drug empire from the attic of his home. According to the Harborough Mail, Paul Johnson, 32, a former KFC employee, ran a darknet marketplace from his semi-detached house in Leicestershire.
The total crypto market capitalization was close to $270 billion on May 8 and currently, the metric stands at $275 billion. This suggests that the crypto markets have been largely stuck in a range for about a month. Daily cryptocurrency market performance. Source: Coin360 As reported by Cointelegraph, Bitcoin (BTC) miners are holding on to
A new study revealed that the dark web marketplace users are starting to lose trust due to the authorities’ crackdown and “current volatility” within the landscape, which results in instability for the darknet sites to establish a fixed presence. According to cybersecurity company Trend Micro on June 7, crackdowns on marketplaces Dream Market, Wall Street
Daily Ethereum network fees surpassed those of the Bitcoin (BTC) network for two consecutive days on June 6 and June 7, data obtained by on-chain market analysis firm Glassnode shows. According to Glassnode, on June 6, the total amount in fees spent on the Ethereum network added up to $498,000, compared to Bitcoin’s $308,000. The
Bitcoin (BTC) is looking like it will hit $75,000 — and that could happen “within weeks,” one analyst has found. Uploading a fresh BTC/USD price chart to Twitter on June 7, Cane Island Alternative Advisors’ Timothy Peterson unearthed an uncanny similarity to Bitcoin in 2013. Peterson eyes “almost perfect” 2013 correlation Tracking Bitcoin’s price recovery
Broadcaster and renowned Bitcoin (BTC) bull Max Keiser has taken a knock on veteran investor Warren Buffett in a tweet posted on June 8. Keiser claimed that users of the popular Robinhood stock and cryptocurrency trading app had stolen Buffett’s money by capitalizing on his recent losses in the airline sector. He further suggested that
The co-founder of cryptocurrency analysis company Blockfyre believes that a bull run will return, propelling Bitcoin (BTC) to a price of $150,000. In a tweet on June 4, Simon Dedic suggested that these gains will not be reflected across the entire cryptocurrency market, although the more solid altcoins should also see impressive price action. No
Charles Hoskinson, the creator of Cardano (ADA), has described participating in cryptocurrency as an inherently political act. Speaking during an impromptu ask-me-anything on YouTube, Hoskinson asserted that crypto-driven fundamental disruptions to monetary relations will not come without struggle, placing the crypto phenomenon within the political arena. Hoskinson also urged members of the crypto community to
Bitcoin (BTC) began a new week less than $500 away from $10,000, but sudden volatility remains — what should you look out for in the coming days? Cointelegraph presents a weekly roundup of the major factors set to influence BTC/USD price action this week. Stocks rise but suspicions remain Macro markets look set to continue
The largest cryptocurrency exchange in the United States said its autoscaling was unable to keep up with a huge traffic spike that left many users unable to log in on June 1. According to a blog posted on June 6 by Coinbase software engineer Michael de Hoog, the exchange experienced a 5x traffic spike over
In the midst of ongoing protests across the United States, some turned violent by police brutality, one publication has uncovered information on a Pentagon war game created in 2018 that has an uncanny resemblance to current events. According to a June 6 article on The Intercept, documents reveal the United States Pentagon created a game
The price of Bitcoin (BTC) has risen by 170% in the last three months from $3,600 to $9,700. Despite this immense 3 month recovery, a series of fundamental factors point to the possibility of another uptrend in the near-term. Three reasons Bitcoin is likely to see an upsurge are increasing exchange outflow, miner revenue finding
According to data from glassnode, Bitcoin reserves on cryptocurrency exchanges fell to a 12-month low. This coincides with a reported mass outflow of BTC from Coinbase. On June 6, various media outlets reported that Coinbase may sell its blockchain intelligence arm Coinbase Analytics to the Internal Revenue Service (IRS) and the Drug Enforcement Agency (DEA).
Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Forget $10,000, Bitcoin’s $12,000 breakout will catch everyone off guard
On-chain data from blockchain analytics firm CryptoQuant suggest that miners are currently holding on to their mined BTC, a sign that may indicate a continuing recovery for the Bitcoin price given a lack of selling pressure from big mining operations. The Miners’ Position Index (MPI) provides insight into how miners shifting their BTC positions can
A recent paper from academics at Leiden Law School suggests that if a crypto exchange or crypto custodian goes bankrupt, investors could well lose control over their stored coins. This happened in Japan’s Mt. Gox exchange collapse, and more recently with the failure of Italy’s BitGrail exchange. Thus, it could happen again. Indeed, the paper
Bitcoin (BTC) price yet again surged past $10K for just a few hours before experiencing a short sharp 10% sell-off last week. Each time this happens, crypto Twitter brings out the fanfare rejoicing at the fact that we’ve reached this psychological milestone. It’s almost becoming too predictable, and that is exactly why the eventual breakout
If Bitcoin is the “peaceful protest” crypto advocates like Binance CEO Changpeng Zhao and author Isaiah Jackson say it is, then how can the average person use it to help the African American community right now? According to the Bitcoin & Black America author, who spoke to Cointelegraph on June 4, it starts with buying
Almost six million Bitcoins (BTC) are stored in multi-signature wallets — nearly one-third of the total supply. Prevents ‘Exit scams’ Bitcoin is generally secured with a combination of a public and private key. In order to transact on the Bitcoin network, a user needs to sign each transaction with their private key. This works fine
Trading Bitcoin (BTC) futures might seem easy on the surface but there are a number of fees that investors seeking big returns from high leverage trades ignore. In addition to trading fees, investors should also be aware of the variable funding rate that many exchanges levy and even maker and taker fees should be taken
On June 5 the Gibraltar Financial Services Commission, or GFSC, published four public warnings against cryptocurrency websites that claim to have an alleged license to operate in the territory. According to the authorities, www.askcurrency.org, www.findcurrency.org, www.arbitragecurrency.org, and www.etrustcoin.com have not been licensed or authorized by the GFSC — nor do they have an application pending
Bitcoin (BTC) exchange-traded funds, or ETFs, have faced unfair pushback from U.S. regulators, according to VanEck director and digital asset specialist Gabor Gurbacs. “There’s a persistent double standard against Bitcoin and digital assets, which I think is wrong,” Gurbacs told host Max Keiser on a recent episode of the Keiser Report. Bitcoin ETF denials by
A new theory regarding the true identity of anonymous Bitcoin creator Satoshi Nakamoto has emerged from an extremely unlikely source. Enter the Escobar family and their story about Yasutaka Nakamoto. The story goes like this: Yasutaka Nakamoto was a high-ranking engineer for Pacific West Airlines who worked for Colombian drug lord Pablo Escobar, smuggling drugs
The price of Bitcoin (BTC) has been trying to break above the psychological barrier of $10,000. However, during the week, it failed to go through this resistance. This “fakeout” caused a significant portion of the market to shift from a bullish bias to a bearish bias. Is such a bias shift warranted in the current
Industry executives and famed technical analysts including Morgan Creek CEO Mark Yusko and trader Peter Brandt predict Bitcoin (BTC) to reach $100,000 in the long-term. For that to happen, the top cryptocurrency needs to see consistent accumulation. According to options trader Theta Seek, for the price of Bitcoin to remain stable at that price point,
JPMorgan would have to move to Wyoming to protect itself from million-dollar Bitcoin (BTC), one of the United States’ most successful legislators has warned. Speaking on financial news show the Keiser Report on June 6, Caitlin Long argued that Wyoming was now far ahead of New York on Bitcoin support. Long: $1M BTC will spark
The business of cryptocurrency custody is getting more competitive and lucrative by the day. The most recent announcement has come from Switzerland, where local family-owned bank Maerki Baumann announced on May 29 that it had expanded its cryptocurrency services through the introduction of crypto custody and trading. The private bank first announced its crypto initiatives
Bitcoin (BTC) miners are setting up a bullish trend despite large sell-offs around the halving, a new data metric suggests. According to Glassnode’s Miner Outflow Multiple (MOM), outflows from mining pools compared to their one-year moving average are nearing all-time lows. Demeester “bullish” on BTC miner data MOM calculates coins leaving mining pools and compares
