US technology company Intel has filed a patent for a Bitcoin (BTC) mining hardware accelerator that would reduce the amount of electricity used in crypto mining by “reducing the space utilized and power consumed by Bitcoin mining hardware,” according to a US Patent and Trademark Office patent application released...
Despite Bitcoin’s woes, traditional stock markets saw their worst period since January 2016 for the five days ending March 25, analysts note this week. In the month that saw BTC/USD hit $6600 - its second-lowest levels since November 2017 - global markets are also showing bearish signs. The US equity market...
March 30: the crypto markets have taken a large hit this week, with Bitcoin (BTC) dipping below $7,000, Ethereum (ETH) below $400, and total market cap around $269 bln, according to data from Coin360. BTC is currently trading at around $7,066, down a little more than 5 percent over a...
The Peoples Bank of China (PBoC) held its 2018 National Currency Gold and Silver Work Video and Telephone Conference on March 28 where among all things currency related the continuation of strict regulations on cryptocurrency was announced. Conference Establishes Strategy to Protect Yuan Deputy Governor of the PBoC Fan Yifei attended...
Cryptocurrency mining — the process in which computing power is used to solve algorithms, in turn producing coins — is becoming increasingly more common on college campuses across the U.S, especially in those where electricity is included as part of their tuition. Meet Joey Dilliha, an 18-year-old freshman at Western...
As Bitcoin and the cryptocurrency market get pressured by a bearish sentiment based on the technical pattern known as “death cross”, investors are also aware of the mixed signals coming from big banks regarding the asset class – with great focus on Bitcoin and Ripple. Bitcoin and Ripple Face Increasing Adoption...
Newegg Inc., the online e-commerce site that is rivaling Amazon for sales in technical equipment and electronics, is expanding its payment options to include bitcoin for its customers in Canada. Apparently unfazed by recent price volatility and citing “the increasing mainstream awareness of cryptocurrencies,” Newegg is showing its confidence in...
UK police are seeking information relating to the theft of Bitcoin mining hardware in Derbyshire. Units were taken from a property on the evening of March 21 in the West Bars House area of Chesterfield. Mining Equipment an Easier and More Profitable Target for Criminals The Derbyshire Police are appealing for...
Encouraging early adoption is always a hurdle when launching a new technology – especially one that is trying to crack a problem that has been around for decades. ShoCard, which is creating a blockchain-based ID management solution, is using tokenization to help meet that challenge. The company begins its...
Talk of a “death cross” in Bitcoin on Thursday has sparked an investor sell-off down to the $7,500 line, where it met resistance. The digital currency was struggling at the $8,000 mark since earlier this week. Bitcoin Down to March Lows at $7,500 Amid Bearish Pattern Bitcoin, the most valuable cryptocurrency...