News

MrBitcoin May 20, 2018

Key Points Bitcoin price stayed above the $8,000 support level and recovered against the US Dollar. There is a monster bearish trend line forming with resistance at $8,300 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair has to move above the trend line and settle above $8,300-8,400 for more […]

MrBitcoin May 20, 2018

An increasing number of millennials are utilizing bitcoin marketplaces and peer-to-peer exchanges like Paxful to invest in the cryptocurrency market as a store of value and an alternative payment system to banks. Millennials Better Suited to Lead Cryptocurrency Adoption Earlier this year, Columbia University Business School professor Chris Castiglione stated that millennials are better suited […]

MrBitcoin May 20, 2018

India, one of the largest countries in the world with a population of 1.3 billion potential future users of cryptocurrencies, remains in a legal limbo as cryptocurrency exchanges await more clarity from the Reserve Bank of India (RBI) and the country’s supreme court. Operators have recently been barred by banks, under orders from the central […]

MrBitcoin May 19, 2018

A cryptocurrency mining firm claims to be responsible for a billboard that has appeared near Warren Buffet’s office in Omaha. Whilst still unconfirmed, Genesis Mining are apparently behind the taunting publicity stunt. Warren Buffet Publicly Trolled over Bitcoin Comments The co-founder of colossal Bitcoin mining firm Genesis Mining tweeted a picture of the billboard earlier […]

MrBitcoin May 19, 2018

By all accounts, alt coin sellers have had the upper hand this week. EOS, Tron and IOTA were some of the coins that saw double digit erosion but encouragingly for buyers, there seems to be a re-bounce. By yesterday, Litecoin, EOS, Tron and to some degree Stellar Lumens were trading within very tight range and […]

MrBitcoin May 19, 2018

Despite the fork, Bitcoin Cash continue to slide. In the last 24 hours for example, it is down nine percent adding on to their weekly 13 percent loss. It might have been because of the mixed reaction following the upgrade from 8MB to 32MB happening at a time when the average daily transaction is around […]

MrBitcoin May 18, 2018

The former head of JPMorgan’s blockchain operation has said that banks will start to trade cryptocurrency sooner than people think. Banks Are Slowly Changing Their Positions Amber Baldet, a former JPMorgan executive, was speaking during CNBC’s ‘Power Lunch‘ today where she said that banks trading digital currencies was ‘coming sooner than people think.’ She added: […]

MrBitcoin May 18, 2018

The token sale that will transform the traveling and napping industry is launching soon. The state-of-the-art ICO project by AirPod is taking off after the platform announced May 29, 2018, as the day when APOD tokens are going to become available for purchase. The token sale is set to start after the AirPod presentation at […]

MrBitcoin May 18, 2018

Adam James · May 18, 2018 · 9:00 am The price of BNB has rapidly increased following the announcement from Binance that the popular exchange will be doubling its referral commission rewards under certain conditions. Tell Your Friends The Malta-based exchange has announced that it will be doubling its referral commission rewards to 40 percent for […]

MrBitcoin May 18, 2018

The sustainability of Bitcoin mining has always been a topic of debate. Some sources claim it is just fine, whereas others deem is not viable for much longer. Alex De Vries conducted an interesting piece of research, which claims the energy usage by Bitcoin miners will double by late 2018.  An interesting study, although one […]