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Bitcoin Hash Rate Reaches New All-Time High, Will “Price Follow Hashrate”?
The Bitcoin has rate has recently reached a new all-time high. This news comes from an August 19th data report from Blockchain.com, which monitors blockchain data. However, could the Bitcoin price soon follow in the hashrate’s footsteps and reach a new ATH? Bitcoin’s hash rate reaches new ATH Specifically, Bitcoin’s hash rate has continued to breach previous records all throughout the summer. Today, Bitcoin managed to hit an astounding hash…
Bitcoin
US Delegation Will Visit Switzerland to Discuss Crypto and Libra
The United States is looking to send a delegation of House of Representatives members to Switzerland to discuss crypto. This comes as the United States is looking to tackle crypto regulations, as Facebook’s upcoming Libra crypto is putting pressure on regulators. US House of Representatives delegation will discuss crypto in Switzerland This news was first covered by the Swiss news outlet NZZ am Sonntag on August 17th. According to the…
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Bakkt Will Launch Futures Platform in the US on September 23
The Bitcoin futures trading platform Bakkt, will launch its awaited platform for trading crypto on September 23 in the United States. This comes as Bakkt confirms that the company has received the required regulatory approval to move forward. Bakkt will launch in the United States on September 23 This news came in an official blog post from Bakkt. Bakkt, which is operated by the New York Stock Exchange-owned Intercontinental Exchange,…
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Tom Lee Says Bitcoin is “Genuine Safe Haven”, Discusses New All-Time High by End of 2019
Tom Lee, the senior market analyst at the research and market strategy firm Fundstrat Global Advisors is bullish on Bitcoin. Specifically, Lee has recently said that Bitcoin provides the only truly safe haven. These comes as concerns over global recession are mounting. Tom Lee says turmoil will drive investors towards Bitcoin This news came during a fresh interview with Fox Business. In the interview, Lee notes that he is certain…