Bloomberg analyst Mike McGlone says that all signs point to Bitcoin going on the major bull run in 2020. … [Read more...] about Bloomberg analyst expects bitcoin price to double to $20k this year
In 2017 bitcoin network consumed 5 TWh of energy, in 2018 – 29 TWh, in 2019 – 43 TWh
Electricity consumed by bitcoin network has been constantly and noticeably increasing. During the past years the consumption reached such big a scale, that it can be compared to electricity consumption of some countries, according to BlockchainAnalytics.pro research. … [Read more...] about In 2017 bitcoin network consumed 5 TWh of energy, in 2018 – 29 TWh, in 2019 – 43 TWh
SBI Holdings and GMO Internet to mine bitcoin at world’s largest crypto mining facility
The Japanese corporate giants SBI Holdings and GMO Internet are set to start mining bitcoin at the new crypto mining facility in Rockdale, Texas, according to Bloomberg sources. … [Read more...] about SBI Holdings and GMO Internet to mine bitcoin at world’s largest crypto mining facility
Bitcoin adoption in Australia
Bitcoin adoption around the world varies immensely. Various factors can contribute to this, from legal regulations, to media coverage, and general consumer awareness. … [Read more...] about Bitcoin adoption in Australia
Chinese miners control 65% of bitcoin network’s processing power
According to CoinShares research, China’s bitcoin miners now control almost two-thirds of the crypto-network’s hashrate, which is a general measure of the processing power of the bitcoin network. … [Read more...] about Chinese miners control 65% of bitcoin network’s processing power
CME to launch bitcoin options in January 2020
The CME Group has announced January 13, 2020 as the date it expects to launch options on BTC futures. … [Read more...] about CME to launch bitcoin options in January 2020
Bakkt to launch bitcoin futures in September
Bakkt, a cryptocurrency trading platform backed by ICE, is scheduled to launch on September 23. … [Read more...] about Bakkt to launch bitcoin futures in September
Coinbase with over $7 billion in crypto assets after buying Xapo custody business
Coinbase, a U.S.-based cryptocurrency exchange, has reached over $7 billion in crypto assets under management after acquiring Xapo custody business for $55 million, reports Fortune. … [Read more...] about Coinbase with over $7 billion in crypto assets after buying Xapo custody business