The post Bitcoin News Summary – September 16, 2019 appeared first on 99 Bitcoins. ; ??????? Bitmain opened sales for its new Antminer S17e and T17e Bitcoin mining ASICs this week. The first batch was quickly sold out. The units are said to achieve high efficiency with max hash rate of 64 Terahash per second but cost up to $2700. Crypto payment service BitPay was heavily criticized for blockading [Read More...]

The post Bitcoin News Summary – October 7, 2019 appeared first on 99 Bitcoins. ; ?????????? Coinbase’s specialized exchange for advanced traders, Coinbase Pro, unexpectedly hiked its fees significantly. Beginning Monday, Coinbase Pro introduces a new tiered system whereby anyone trading under $10,000 per month will pay half a percent fee on every trade. Small traders are understandably unhappy with the new fee structure. Crypto custodian BitGo has added [Read More...]

The post Bitcoin News Summary – October 28, 2019 appeared first on 99 Bitcoins. ; ????????????? Bitcoin had a real roller-coaster week. The price dropped like a stone on Thursday, falling to five-month lows of just over $7,000, only to bounce back to over $10,000 on Saturday. This 40% price surge represents the biggest daily gain since 2011. In China, President Xi Jinping declared blockchain technology to be an [Read More...]

The post Bitcoin News Summary – November 18, 2019 appeared first on 99 Bitcoins. ; ???????????????? Payments app, Fold now allows users to book AirBNB accommodations using Bitcoin and Lightning payments. Users will also receive 3% back in Bitcoin for their bookings, as well as for purchases from Fold’s other partners, including some big-name retailers like Amazon, Starbucks and Uber. BitGo, the crypto wallet and custodian, said that 20% [Read More...]

The post Bitcoin News Summary – December 9, 2019 appeared first on 99 Bitcoins. ; ??????????????????? Ethereum successfully upgraded to its latest version, dubbed “Istanbul” over the weekend. The update contains numerous improvements that address Ethereum’s security against DDoS and spam attacks, gas usage costs, and smart contract flexibility. Istanbul also makes Ethereum interoperable with Zcash. While the fork was highly anticipated, the effect on the price of ETH [Read More...]

The post Bitcoin News Summary – December 30, 2019 appeared first on 99 Bitcoins. ; ??????????????????????? Google-owned video giant YouTube had erroneously removed several cryptocurrency-related videos. YouTube representatives have claimed that the removals were done in error and some content has started to be restored. Nonetheless, the unilateral nature by which YouTube videos were removed has led many content creators to explore migration to decentralized video hosting alternatives. At [Read More...]

The post Bitcoin News Summary – September 9, 2019 appeared first on 99 Bitcoins. ; ?????? The US Securities and Exchange Commission finally approved a limited ETF. The Van Eck SolidX ETF will only allow institutional investors to get Bitcoin exposure via the traditional securities market, so a full ETF tradable by the general public is still pending. The Winkelvoss twins first proposed a Bitcoin ETF, or Exchange Traded [Read More...]

The post Bitcoin News Summary – September 30, 2019 appeared first on 99 Bitcoins. ; ????????? Crypto markets suffered a serious drop this week. Bitcoin led the market downwards, as it slipped below its support level of $10,000. Bitcoin’s falling dominance is perhaps a result of stablecoins holding steady during this market decline.  Binance.US, the American arm of cryptocurrency exchange giant Binance, has announced it is starting trading fiat-crypto [Read More...]

The post Bitcoin News Summary – October 21, 2019 appeared first on 99 Bitcoins. ; ???????????? It was not a good week for Facebook’s Libra project – again. Hotel reservation company, Booking.com, joined PayPal, Visa, and Mastercard to become the 7th major company to exit the project. Furthermore, a US Congressman said Facebook should drop Libra and instead implement Bitcoin. Warren Davidson criticized Facebook’s speech filters and feared similar [Read More...]

The post Bitcoin News Summary – November 11, 2019 appeared first on 99 Bitcoins. ; ??????????????? In Canada, the British Columbia Securities Commission has taken control over the troubled Einstein Exchange, which owes over $12 million to users. At the end of October, Einstein announced that it would suspend services in the coming months, but the government agency seized the company before those plans could be implemented. According to [Read More...]

The post Bitcoin News Summary – December 2, 2019 appeared first on 99 Bitcoins. ; ?????????????????? Worth nearly $50 million in Ethereum, 342,000 ether was hacked from South Korea’s Upbit exchange. The hack occurred during maintenance and is one of the largest Ethereum thefts ever. The exchange has suspended operations for at least a couple of weeks but plans to repay users for the loss. It remains unknown how [Read More...]

The post Bitcoin News Summary – December 23, 2019 appeared first on 99 Bitcoins. ; ?????????????????????? Blockchain analytics firm, Chainalysis, reported some downbeat price predictions based on its tracking of funds acquired by the massive PlusToken ponzi. PlusToken raked in over $2 billion from mostly Chinese citizens before the scam was busted and several leaders arrested. Those that remain at large have just under half their ill-gotten gains yet [Read More...]

The post Bitcoin News Summary – January 13, 2020 appeared first on 99 Bitcoins. ; ????????????????????????? Bitcoin reacted to the US airstrike in Iran by rising dramatically. Gold, the traditional safe-haven asset, also rose similarly over the same period as the threat of war loomed, raising the interesting prospect of whether Bitcoin is acting as a hedge against geopolitical risk. Two major Japanese corporations, GMO and SBI are to [Read More...]

The post Bitcoin News Summary – September 2, 2019 appeared first on 99 Bitcoins. ; ????? The trial between the self-proclaimed creator of Bitcoin, Craig Wright, and the family of his former partner, Dave Kleiman, was concluded this week. The judge found that Wright lied in his testimony and falsified evidence. The judge further ordered Wright to transfer 410,000 bitcoins thought to be mined by Satoshi, to Kleiman’s estate. [Read More...]

The post Bitcoin News Summary – September 23, 2019 appeared first on 99 Bitcoins. ; ???????? Financial giant, Wells Fargo is developing a U.S. dollar-linked stablecoin that will run on the firm’s blockchain platform. Dubbed Wells Fargo Digital Cash, the tokenized dollar will be used in a pilot for internal settlement across the company’s business.  Snowden’s new book, “Permanent Record,” sheds further light on global surveillance by US agencies. [Read More...]