Bitcoin Use on Darknet Markets Jumps 65% in First Quarter
Bitcoin transactions on darknet markets jumped 65% in value during the first quarter, according to research by a blockchain analytics firm. The amount of bitcoin sent from darknet entities to mixers also grew rapidly as exchanges with verification requirements became less popular among darknet users. Growing Bitcoin Use on Darknet Markets Crystal Blockchain’s analytics team published on Tuesday an analysis of the use of bitcoin...
Wild Satoshi Theories: The Curious Case of Bitcoin Block 3654 from 2009
On Wednesday, 50 bitcoin mined on February 9, 2009, was moved from the original address to a new address. The movement of coins caused a great commotion throughout the cryptocurrency community, as some individuals assumed it may have been the mysterious Satoshi Nakamoto. However, skeptics believe that even though the coins stemmed from an address a touch over a month old from the time Nakamoto bootstrapped the Bitcoin network, it may...
Generations of Debt: US Taxpayers Held Liable for Federal Reserve’s $6.9 Trillion Balance
The central banking system in the U.S. and the country’s megabanks have manipulated the economy for quite some time and these days, the coronavirus has been a great excuse to create trillions for stimulus. A recent report from the analysts at Wall Street on Parade indicates that American citizens could be responsible for 98% of the $6.98 trillion from the Fed’s balance sheet. Five unelected people from the New York Federal...
Exposure to -1x the Daily Performance: Bitcoin.com Exchange Adds Inverse Token BTCSHORT
During the last few months, Bitcoin.com’s cryptocurrency exchange has added a number of new coins and features. Today, Bitcoin.com Exchange has added an Ethereum-based inverse token called “BTCSHORT,” a token that gives users exposure to the inverse or -1x the daily performance of Bitcoin on any given day. Bitcoin.com Exchanges Adds Amun’s BTCSHORT Inverse Token Bitcoin.com Exchange traders can now access a new...
Bitcoin Miners Double Revenue: Fees Spiked Over 200% in 10 Days Since the Halving
Bitcoin (BTC) miners earned 44% more in transaction fees in the nine days since the halving than they did for the whole of April. If this continues miners will have more than doubled their income from transaction fees going forward. According to data from Coinmetrics, miners have collected the equivalent of 1,176 BTC in transaction fees since Bitcoin’s third supply cut on May 11. That compares with 818 BTC earned as fees in...
