News

MrBitcoin July 15, 2019

Bloody Monday has been a harsh start to the week for many crypto assets, including Ethereum. Bitcoin’s return to four figures has caused a digital avalanche for altcoins as markets bleed out over $35 billion in 24 hours. Ethereum Crushed But Not All Bad It certainly looks bad when the second largest crypto asset on […]

MrBitcoin July 12, 2019

Gas companies in Canada are utilizing trapped natural gas otherwise flared to the atmosphere for bitcoin mining, creating a useful application for illiquid energy. Why Flare When You Can Mine Bitcoin Canadian gas companies in Alberta are developing means of utilizing natural gas to power bitcoin mining farms. This revelation is according to Francis Pouliot […]

MrBitcoin July 10, 2019

Bitcoin is currently ranked top by Weiss Ratings with a grade of A–, making it the most technologically and economically advanced of all the cryptocurrencies. Bitcoin Attains Top Grade on Latest Weiss Rating for Crypto On the Weiss crypto website, bitcoin currently holds the top spot with an A– grade. This latest grade marks BTC’s […]

MrBitcoin July 4, 2019

One of the big attractions to Bitcoin is its ability to bypass the banking system. The likes of doom monger, Nouriel Roubini, still bash BTC in favor of a largely unprincipled banking system where the top get richer at the expense of the bottom. Banks are far from infallible by nature, and the number of […]

MrBitcoin July 1, 2019

Bitcoin continues to extend it losses today, as the #1 asset unravels a further 6.59% against the US dollar. On the 4-hour chart we can see worrying signs that the 2018 bear market could be about to repeat itself. BTC/USD 4-Hour Chart On the 4-hour BTC/USD chart we can see that the price 00 is […]

MrBitcoin June 28, 2019

Bitcoin’s scaling solution, the Lightning Network, is currently sitting at a capacity of around $11M. More interestingly, though, there are major updates underway already. Eltoo Coming to Lightning Network A user going by the name of u/almkglor has taken to Reddit to discuss some of the upcoming updates on Bitcoin’s scaling solution, the Lightning Network. […]

MrBitcoin June 23, 2019

Many factors are contributing to Bitcoin’s renewed trajectory towards its USD 100,000 target. One of them is increasingly gaining prominence: The U.S. Federal Reserve. Fed Interest Rate Cuts to Weaken Dollar and to Strengthen Bitcoin The U.S. Federal Reserve’s latest moves might be unintentionally propelling Bitcoin to new 2019 highs with renewed impetus. On Jun […]

MrBitcoin June 20, 2019

Bitcoin price will have little trouble hitting $15,000 once resistance at $10,000 falls, Tyler Winklevoss believes. Bitcoin ‘Cheap Until It Disrupts Gold’ Writing on social media as Bitcoin price circled $9250, one half of the Winklevoss twins forecast that the cryptocurrency’s trajectory would see it home in on its 2017 all-time high of $20,000. “If […]

MrBitcoin June 17, 2019

Binance has announced the launch of crypto-pegged BEP2 trading pairs starting with a bitcoin-pegged token – BTCB. Bitcoin-Backed Token to be First Ever Crypto-Pegged BEP2 The crypto exchange giant announced the news via a blog post on its website published on Monday (June 17, 2019). According to the statement, Binance plans to offer crypto-pegged tokens […]

MrBitcoin June 14, 2019

Bitcoin’s improving fundamentals and the arrival of institutional investors could impact the volatility and price action of future rallies and corrections. The Nature of Bitcoin Rallies will Change Aaron Brown, the author of a recently published op-ed in Bloomberg, believes that the next sustained Bitcoin rally could be more measured as it will be propelled […]