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Crypto News Point

May 19, 2020
1 min

Bitcoin Gets Featured Again In Another Episode Of Hit Drama Series ‘Billions’

The world of Bitcoin featured again prominently in the newest episode of Showtime series Billions. This time, the story revolved around a crypto mining scheme in a preparatory school. The newest episode was written by Ben Mezrich, the author of Bitcoin Billionaires, the story of the Winklevoss twins. Mezrich teased his participation via Twitter: Billions this Sunday night… I’m not sayin’ there’s definitely gonna be some Bitcoin… I’m just saying I did happen to write the episo

Rich Dad Poor Dad Author Robert Kiyosaki Proclaims Bullish Views On Bitcoin

Crypto News Point

May 18, 2020
1 min

Rich Dad Poor Dad Author Robert Kiyosaki Proclaims Bullish Views On Bitcoin

Businessman and best selling author of the book Rich Dad, Poor Dad, Robert Kiyosaki takes to Twitter once again to proclaim his bullish position on Bitcoin: BTC’s price is heading to $75,000 in three years. On May 16, Kiyosaki tweeted: ECONOMY dying. FED incompetent. Next BAILOUT trillions in pensions. HOPE fading. Bought more gold silver Bitcoin. GOLD @$1700. Predict $3000 in 1 year. Silver @ $17. Predict $40 in 5 years. Bitcoin @$9800. Predict $75000 in 3 years. PRAY for th

German Neobank Bitwala Offering Upto 4% Interest For Holding Bitcoin In Their Account

Crypto News Point

May 14, 2020
1 min

German Neobank Bitwala Offering Upto 4% Interest For Holding Bitcoin In Their Account

Users of German neobank Bitwala can now purchase, hold and earn interest on Bitcoin (BTC) in their bank accounts due to new partnership with cryptocurrency lending platform Celsius Network. Defiprime.com reveals that Bitwala is the first fiat bank to offer interest for holding Bitcoin in their account, with three other DeFi DApps offering similar products. Dear Celsians, meet @Bitwala – the latest Partnership of @CelsiusNetwork ‼️ – introducing their 🔥🔥 #Bitcoin Interest A

Report: Bitcoin Network Health At Maximum Despite Recent Halving

Crypto News Point

May 13, 2020
1 min

Report: Bitcoin Network Health At Maximum Despite Recent Halving

Glassnode’s latest report indicates that Bitcoin network health is close to its maximum despite the recent halving of miner rewards. Glassnode recently introduced its on-chain BTC Index (GNI) that captures a number of key on-chain metrics and combines them into easily digestible charts and numbers. With the release of the Glassnode Network Index, we are bringing you an updated version of The Week On-Chain, with better insights into #Bitcoin's behavior than ever before. Explo

Blockstream Upgrades Their Satellite Network Carrying Bitcoin Blockchain

Crypto News Point

May 6, 2020
2 min

Blockstream Upgrades Their Satellite Network Carrying Bitcoin Blockchain

Blockstream has upgraded their satellite network that carries Bitcoin blockchain for the first time in almost two years. Data rate is now 25 times faster while users can sync an entire node without connecting to the web. The Blockstream satellite service provides internet-free Bitcoin (BTC) transactions and information sharing to crypto users in nearly every corner of the world. We're excited to announce #BlockstreamSatellite 2.0. This major update includes a new transmission

Player At Bitcoin Games Wins Over $250,000 (29 BTC) Slots Jackpot Staying at Home

Crypto News Point

May 3, 2020
1 min

Player At Bitcoin Games Wins Over $250,000 (29 BTC) Slots Jackpot Staying at Home

A lucky player at Bitcoin Games strucks fortune by winning over 29 BTC (over $250,000) Jackpot to his wallet by playing an exclusive game of Slots. Apparently, the player had newly joined the online casino. As for the identity of the winner, it remains to be mysterious as the casino offers players anonymity. Currently, the gaming portal hosts many popular games having massive jackpots such as: Slots with 500 BTC Keno up to 250 BTC Video Poker up to 203 BTC All this jackpots a

$1.1 Billion BTC Transaction Charged Only For $0.68 On Bitfinex

Crypto News Point

Apr 13, 2020
1 min

$1.1 Billion BTC Transaction Charged Only For $0.68 On Bitfinex

A 161,500 Bitcoin (BTC) transaction (worth more than $1.1 billion) was transferred on April 10 on Bitfinex with a fee charged only for 0.00010019 BTC (worth approx. $0.68). This officially signifies Bitfinex’s largest Bitcoin transaction till date in terms of total valuation of US dollars. The transaction was first brought to light by Twitter user, KRMA_0: Someone just moved 146,500 BTC ($1B) in one TXhttps://t.co/HgWzePugXN — Krisma📈 (@KRMA_0) April 10, 2020 Responding to

Rich Dad Poor Dad Author Robert Kiyosaki Says Dollar Is Dead, Buy Bitcoin

Crypto News Point

Apr 8, 2020
2 min

Rich Dad Poor Dad Author Robert Kiyosaki Says Dollar Is Dead, Buy Bitcoin

Robert Kiyosaki, the author of the popular book “Rich Dad Poor Dad,” talked about the death of the U.S. dollar and how one should take the government’s free money and buy bitcoin. The best-selling author also explained the cost of free money. The author of Rich Dad Poor Dad has chimed in on the impact of the free money the U.S. government is giving to small business owners on the U.S. dollar. On April 4, Kiyosaki with over 1.3 million followers tweeted: DEATH OF DOLLAR. Peopl

Paxful Is The First Exchange To Launch P2P Trading Between Gold and Bitcoin

Crypto News Point

Apr 8, 2020
2 min

Paxful Is The First Exchange To Launch P2P Trading Between Gold and Bitcoin

Peer-to-peer (P2P) cryptocurrency marketplace Paxful announced the introduction of support for trade between Gold and Bitcoin (BTC) on the platform on April 7, 2020. With the announcement, Paxful now facilitates physical trading in 16 different countries. Paxful CEO and Founder Ray Youssef, said the decision to support gold to “surprisingly high” customer demand. When a trade is entered, the Bitcoin will remain in Paxful’s escrow until the physical delivery of the gold is con

Is Bitcoin Mining Still Profitable?

Crypto News Point

Apr 8, 2020
5 min

Is Bitcoin Mining Still Profitable?

Bitcoin miners are feeling the heat of the Bitcoin price crash. Bitcoin over the past several weeks is witnessing severe ups and downs from the recent highs of $10,500 to lows of $3,500 before garnering significant buying pressure that has since sent it back to its current price within the mid-$5,000 regions. The ongoing selloff has led Bitcoin miners to be largely unprofitable, also leading the crypto’s hash-rate to plummet. The shift in miner’s profitability could have impl

New Block Explorer Launched By Blockin Featuring Mempool Statistics

Crypto News Point

Apr 7, 2020
1 min

New Block Explorer Launched By Blockin Featuring Mempool Statistics

Blockin, the parent company of one of popular Bitcoin (BTC) mining pools, Poolin, is launching a new block explorer on April 6. The explorer includes mempool statistics that would help users decide the correct fee to send their BTC payment. Blockin’s explorer provides many of the standard features shared with competing offerings like: Block data Transaction information and statistics on network hashrate Pool distribution It adds to an already large suite of tools for miners t

Quarantined Gamers Are Straining Microsoft Azure Cloud Platform

Crypto News Point

Apr 6, 2020
1 min

Quarantined Gamers Are Straining Microsoft Azure Cloud Platform

Microsoft has acknowledged that the quarantined gamers are putting a strain on its Azure cloud platform which is a backbone of the company’s Blockchain As a Service (BaaS) offering. In the SEC filing, Microsoft addresses the impact of “the global health pandemic” on its Azure cloud services. The company admits that in certain regions “deployments for some compute resource types (…) drop below our typical 99.99 percent success rates”. Furthermore, Microsoft confirms that “Xbox

Get Ready On The Upcoming Bitcoin Halving 2020!!

Crypto News Point

Mar 28, 2020
4 min

Get Ready On The Upcoming Bitcoin Halving 2020!!

Bitcoin halving is a scheduled event where the minting rate of new Bitcoins is reduced by 50%. On May 20th, the upcoming third Bitcoin halving 2020 will occur. Although, Bitcoin hasn’t fared too well over the past week losing nearly 40% of its value in recent trading. Bitcoin halvings historically led to higher prices for crypto’s pioneer asset, leading many market participants to have a bullish bias for the event this year. Bitcoin operates on a model of deflation meaning l

Casinos, Gambling and Blockchain: What It Holds?

Crypto News Point

Feb 25, 2020
3 min

Casinos, Gambling and Blockchain: What It Holds?

At a time when casinos were a thing of the 90s, the industry now is mainly digital. One of the fastest-growing markets, especially when everyone or the other has access over the mobile internet, online casinos and gambling merged with blockchain is changing the name of the game. It is said that taking risks is often a human nature. Gambling sure is fun and can provide escapism from the mundanes of life. On the other hand, its critiques often highlights the addictions and the

Crypto-Powered Debit Card Supplier Bitsa Now Supports Monero XMR

Crypto News Point

Feb 24, 2020
2 min

Crypto-Powered Debit Card Supplier Bitsa Now Supports Monero XMR

Italy’s new crypto-powered debit card supplier Bitsa expanded its prepaid card with major privacy-focused altcoin Monero (XMR). On Feb. 21 Bitsa announced that the company unlocks “all types” of XMR-based card transactions in physical stores and online, including card-to-card transfers and Monero conversion to euro (EUR), Launched in Q3 2019, Bitsa Card supports a total of 12 cryptocurrencies like Bitcoin (BTC) alongside EUR bank transfers and payments so far. As suggested by

How Cryptocurrencies Could Empower Content Creators?

Crypto News Point

Feb 24, 2020
4 min

How Cryptocurrencies Could Empower Content Creators?

The evolution of the internet and social media has birthed to a new subclass of earners called content creators. This emerging class of online content creators is changing the way how newer audiences consume information. It is also creating a hitch within them when it comes to monetizing their work. Blockchain technology and cryptocurrencies can change the game for content creators. Cryptocurrencies Could Empower Content Creators by using decentralized technology that can br

Can Blockchain Technology Save The Adult Industry?

Crypto News Point

Feb 19, 2020
3 min

Can Blockchain Technology Save The Adult Industry?

Blockchain technology is deemed to be the next big thing after the internet. Its disruptive potential across industries is starting to look towards the most dubious sector- The Adult Entertainment Industry. Blockchain in the adult industry is of great potential whereby customers not willing to reveal himself/herself can use cryptos instead of credit cards while keeping their identity intact. Regarded as way ahead in innovation, being the early adopters of internet. The adult

Simplex’s Fiat-to-Crypto Service Will Now Unlock Direct Crypto Purchases For Celsius Users

Crypto News Point

Feb 19, 2020
1 min

Simplex’s Fiat-to-Crypto Service Will Now Unlock Direct Crypto Purchases For Celsius Users

Simplex, a popular fiat-to-crypto payments provider servicing major crypto exchanges like Binance, will now unlock direct crypto purchases for Celsius app users. According to a Feb. 18 announcement United Kingdom-based cryptocurrency lending startup Celsius Network has launched in-app crypto purchases via a new partnership with Simplex. Joining forces with @CelsiusNetwork to make the opportunities of crypto lending more accessible:https://t.co/cchc4rICFZ@Cointelegraph pic.twi

Cryptoeconomics: Understanding It and Its Role In Decentralization

Crypto News Point

Feb 19, 2020
3 min

Cryptoeconomics: Understanding It and Its Role In Decentralization

Cryptoeconomics is the amalgamation of cryptography and economics. Cryptography deals with data security, encryption and safe transfers across different systems and platforms. Cryptoeconomics, on the other hand, deals with protocols defining the distribution, production, and trade of various goods and services within a digital ecosystem. Cryptoeconomics attempts to solve the participant coordination problems in a digital ecosystem through cryptography and economic incentives.

Blockchain Basics Guide – All You Need to Know

Crypto News Point

Feb 13, 2020
3 min

Blockchain Basics Guide – All You Need to Know

Blockchain is a distributed database that uses cryptography to enforce consensus about its content and rules that defines when and how something becomes part of a database and/or is executed. This Blockchain basics guide attempts to sort things up and provide an overview of the families and trees of blockchains. Applications Of Blockchain In Cryptocurrencies Cryptocurrencies use blockchain technology to create a decentralized monetary system by building a consensus about a sh

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