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Crypto Snippets

Bite-size crypto news

  • Blockchain
  • Crypto Market
Crypto Snippets

Bite-size crypto news

Growing Competition- China's Dominance in Bitcoin Mining Drops

Growing Competition: China’s Dominance in Bitcoin Mining Drops

  • CS Team
  • May 7, 2020
  • 0
  • China is still dominating the Bitcoin mining chart, by far. But their dominance is slowly decreasing. The United States miners returned to the second place after deposing Russia, which now occupies the third position. Iran’s hash rate places the country on the sixth place. On May 4th we reported that Iran issued a license for […]

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    BTC Could Hit $10K While Mining Ramps Up

    BTC Could Hit $10K While Mining Ramps Up

  • CS Team
  • May 7, 2020
  • 0
  • Bitcoin could hit $10K while mining ramps up. This is CoinDesk’s Markets Daily podcast: Source: CoinDesk.com

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    Tether Bitcoin Bull Run

    Tether’s On-chain Data Could Forecast Bitcoin Bull Runs

  • CS Team
  • May 7, 2020
  • 0
  • In the wake of the third Bitcoin halving, the leading cryptocurrency is increasingly showing bullish signs. Institutional investors appear to expect a Bitcoin bull run as well, since the futures on the Chicago Mercantile Exchange broke new records. Brian Quinlivan, told Cointelegraph on May 7 that the percentage of USDT held on exchanges often anticipates […]

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    ripple xrp

    US Regulators to Decide the Fate of XRP

  • CS Team
  • May 7, 2020
  • 0
  • A new lawsuit filed by the Bitcoin Manipulation Abatement against Ripple states that XRP was marketed as a security and the company defrauded investors and sold $billions worth of XRP. According to the lawsuit, Ripple created XRP exclusively to make a few people wealthy, mainly the Ripple founders. Read more: CryptoGazette.com

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    Halving's impact on Bitcoin's price

    Bullish About the Bitcoin Halving

  • CS Team
  • May 6, 2020
  • 2 Comments on Bullish About the Bitcoin Halving
  • Stock-to-Flow Model prediction model is facing its biggest ever test, with its end-of-year price target now at $30,000. According to the model, BTC/USD should hit $30,000 by the end of 2020. With less than two weeks left until the halving, Bitcoin continues to perform really well, especially in comparison with oil and gold. Historically, the […]

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    Peter Brandt: Bitcoin Fundamentals Hint At $100k

    Peter Brandt: Bitcoin Fundamentals Hint At $100k

  • CS Team
  • May 6, 2020
  • 0
  • An important financial trader, Peter Brandt, said that Bitcoin fundamentals are suggesting that the coin is poised to rally up to $100,000. “The Bitcoin narrative makes sense to me. It makes me want to say Bitcoin is going to the moon – $50,000 Bitcoin, $100,000 Bitcoin. But boy, is there a big caveat to that,” […]

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    billions season 5 bitcoin

    ‘Billions’ Season 5 Opens With Bitcoin Mining Bust

  • CS Team
  • May 5, 2020
  • 0
  • The first episode of the fifth season of Billions opened up with a surprise: a scene about Bitcoin. Chuck Rhoades, the attorney general of New York in the drama series, questioned the leader of an illegal bitcoin mining farm after dismantling the organization: “So your multitude of computers and servers could solve some abstract math […]

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    old man yelling at cloud warren buffett

    Max Keiser: Warren Buffett ‘Killed His Reputation’ by Being Stupid About Bitcoin

  • CS Team
  • May 4, 2020
  • 0
  • Warren Buffett has missed many investment opportunities in the past, especially in the tech sector. He is also a harsh critic of Bitcoin, which is probably a consequence of not being able to understand the technology. Buffett’s “Berkshire Hathaway” reported a $50 billion Q1 loss. Consequently, Max Keiser tweeted that Buffett “killed his reputation by […]

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    Israel biggest crypto farm- 6,000 Machines

    Iran Issues License for Biggest Bitcoin Mining Farm: 6,000 Machines

  • CS Team
  • May 4, 2020
  • 2 Comments on Iran Issues License for Biggest Bitcoin Mining Farm: 6,000 Machines
  • A Turksih cryptocurrency company, iMiner, has been granted a license to mine digital coins in Iran. According to PressTV (via Iranian news website, Tabnak), “the Bitcoin mining farm set up by iMiner with 311 billion rials ($7.3 million) of investment is the biggest in Iran, where 6,000 machines will be producing cryptocurrencies.”

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    Bitcoin's previous two Halving events

    Bitcoin’s Third Halving: Is BTC the Solution to Our Failing Monetary System?

  • CS Team
  • May 3, 2020
  • 0
  • The third Bitcoin Halving is merely days away. Historically, the previous two events have been followed by a massive rise in the price of the dominant crypto asset. Bitcoin was born in the wake of the last financial crisis, and it may come of age in this one. While governments and central banks create new […]

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