Category: Bitcoin Core
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Social Investment Platform Etoro Launches in 30 US States
Social investment and trading platform Etoro has announced the launch of its platform and cryptocurrency wallet in 30 U.S. states and two territories. In America, users will have access to invest in BTC and 12 other cryptocurrencies at launch, with more to be added throughout the year. The Etoro wallet will initially support bitcoin core,…
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Revenues on the Mend: Bitcoin Miners’ Gross Margins Grew 39% in February
Mining operations that process SHA-256 coins like BTC and BCH saw revenues slashed due to the bear market lows at the end of 2018. Revenues continued to fall into the new year, but over the last few weeks, network hashrates have been climbing again. A report published on March 4 details that even though mining…
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Markets Update: Top Cryptos Reclaim Support as RVN Rallies
The leading cryptocurrency markets are attempting to reclaim the losses incurred during Tuesday’s dip, with many crypto assets having rebounded to currently trade above last week’s support zone. In other market action, RVN has been among the top performing markets of the last fortnight, up 145% since Feb. 24. Also Read: Blockfi Launches Interest Bearing…
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Blockfi Launches Interest Bearing Savings Accounts for Cryptocurrencies
On March 4, cryptocurrency-backed USD lending platform Blockfi announced the launch of a new savings program called the Blockfi Interest Account (BIA). Having started as a private beta service, BIAs are now available to the public who can store bitcoin core (BTC) and ethereum (ETH) and receive 6 percent annual interest, paid monthly in cryptocurrency.…
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Travala.com’s Cryptocurrency Gateway Provides Travel to 82,000 Destinations
Members of the cryptocurrency community can now book rooms in over 550,000 properties worldwide by utilizing the accommodation and hotel booking service Travala.com. The company’s crypto payment gateway accepts a myriad of cryptocurrencies so individuals and organizations can travel to 82,000 destinations and pay with their favorite digital asset. Also read: An In-Depth Look at…
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Feb Volume Report: Leading Markets Post Strongest Month Since Q1 2018
For many leading markets, February produced the largest monthly volume since the first quarter of last year, with 30-day BTC trade activity surpassing $200 billion, and ETH exceeding $100 billion. Also Read: Report: Quadriga’s 6 Cold Wallets Have Been Without Funds Since April 2018 BTC Volume Surpasses $200 Billion for February February saw the highest…
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Payglobal Provides Cryptocurrency to Fiat Transfers With Existing Bank Cards
While there’s been a lot of news of cryptocurrency debit cards closing shop over the last two years, a company called Payglobal offers cryptocurrency to fiat transfers onto a user’s existing bank card. The U.K. based e-wallet service licensed by the Financial Conduct Authority (FCA) aims to provide a variety of end-to-end solutions for people…
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Bitcoin Cash Supporter Convinces Chess.com to Accept BCH for Memberships
The popular website Chess.com used to accept bitcoin, but like many other well-known merchants it dropped the BTC payment option. Now after some discussion with an avid Bitcoin Cash (BCH) proponent, the website is accepting BCH for payments for its diamond, platinum and gold memberships. Also Read: Report: Business Owner’s Seething Critique of the Lightning…
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Markets Update: Diminished March Trade Volume Mirrors Previous Patterns
Over the last few days, cryptocurrency markets have been holding steady and consolidating after the correction on Feb. 24. Currently, the entire market capitalization is hovering around $129 billion and trade volume has started to diminish slightly with $24.9 billion traded over the last 24 hours. The top contenders capturing most of today’s daily gains…
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Business Owner’s Seething Critique of the Lightning Network Goes Viral
A business owner who runs a media company in Australia and pays employees remotely in the Philippines has given his honest opinion on what it’s like to use the Lightning Network (LN). Jason Smith’s experience of attempting to use LN for payments was filled with frustration. He reports that the fundamental structure of the offchain…