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National Bank of Egypt Delves into Blockchain-Powered Inward Remittances with Ripple Partnership

Egypt’s biggest and oldest bank, the National Bank of Egypt, seeks to revamp its inward remittances with blockchain technology. As a result, the bank has entered a partnership with Ripple to use its blockchain-powered payments network RippleNet to offer cost-friendly and quicker cross-border payments.  The National Bank of Egypt to expand its dominance with blockchain … Continue reading National Bank of Egypt Delves into Blockchain-Powered Inward Remittances with Ripple Partnership

OKEx Delves Deeper Into Indian Crypto Space with CoinDCX Partnership

OKEx, a leading Malta-based crypto exchange, has shown its resilience to penetrate the Indian crypto market and now plans to launch leveraged future products in partnership with CoinDCX, the nation’s biggest crypto trading platform.  New derivative to be established Through the strategic collaboration, CoinDCX will be able to launch a new derivative product called DCXfutures, … Continue reading OKEx Delves Deeper Into Indian Crypto Space with CoinDCX Partnership

Can We Expect a Bitcoin Bull Run Amid the Upcoming Bitcoin Halving and Coronavirus Pandemic?

The next Bitcoin halving is expected to take place in May 2020. Each time Bitcoin halving takes place, the number of Bitcoins entering circulation every 10 minutes, also known as block rewards, will fall to half, to 6.25 from 12.5 in May. As the amount of supply of the crypto is decreasing, the demand most … Continue reading Can We Expect a Bitcoin Bull Run Amid the Upcoming Bitcoin Halving and Coronavirus Pandemic?

Post-Halving Prediction: Bitcoin Price Hitting $20,000 Only a Matter of Time

With the much-anticipated Bitcoin halving just around the corner, pundits, investors, and traders are keeping a keen eye on this event because mining rewards will be slashed from 12.5 BTC to 6.25 BTC. Crypto trader TheMoonCarl tweeted that the number of non-zero Bitcoin addresses has now exceeded 30 million. Jumping on the Bitcoin (BTC) bandwagon … Continue reading Post-Halving Prediction: Bitcoin Price Hitting $20,000 Only a Matter of Time

Bitcoin Halving: Everything You Need to Know in 5 Minutes

Bitcoin Halving: What and Why In May 2020, Bitcoin is expected to experience its third halving in history. Bitcoin halving refers to the halving of Bitcoin block rewards, which occurs once every 210,000 blocks created (approximately every 4 years). Block reward refers to the amount of Bitcoin received by miners after they successfully validate a … Continue reading Bitcoin Halving: Everything You Need to Know in 5 Minutes

Bitcoin Halving Reduces Mining Rewards for Third Time in Brief History

The most anticipated event for cryptocurrency in 2020 has come to pass. Bitcoin’s third Halving took place at 03:23 EST with the mining of block 630,000, effectively reducing the block rewards from 12.5 to 6.25 BTC per new block for the third time in its history.  The first block mined for 6.25-bitcoin was mined and relayed … Continue reading Bitcoin Halving Reduces Mining Rewards for Third Time in Brief History

Bitcoin Wallet Addresses At All Time High As Bitcoin Network Experiences Third Halving

On the eve of Bitcoin’s Third Halving, the number of Bitcoin addresses and wallets hit an all time high. Notably, the number of Bitcoin addresses containing less than 1 BTC has more than doubled since the second halving in July 2016, with wallets containing less than 0.1 BTC showing the highest increase. The #Bitcoin network has seen … Continue reading Bitcoin Wallet Addresses At All Time High As Bitcoin Network Experiences Third Halving

Bitcoin Transaction Fees Soar After Block Reward Halving

Average transaction fees on Bitcoin (BTC) have risen significantly since the halving. On 12th May 2020, the average Bitcoin transaction fee reached USD 2.79, the highest in ten months, and jumped further to USD 5.16 on 14th May. The average transaction cost risen 168% over the past four days alone. This is a phenomenon that … Continue reading Bitcoin Transaction Fees Soar After Block Reward Halving

Bitmain Launches Cheaper Mining Machines After Bitcoin Halving and Losing Market Share to MicroBT

Bitmain has launched a cheaper version of a Bitcoin mining machine, Antminer T19, compared to its more pricy predecessor Antminer S19. Bitmain has been losing its market share to its rival, MicroBT, which launched its M30S++ Bitcoin miner in April this year.  The Antminer T19 has a hashrate/ mining power of 84 terahash per second … Continue reading Bitmain Launches Cheaper Mining Machines After Bitcoin Halving and Losing Market Share to MicroBT

Telegram Hit With $18.5 Million SEC Fine and Set to Return $1.2 Billion to Investors as it Dissolves TON Project

Pavel Durov’s grand crypto dreams for his Telegram crypto project are coming to an end with the civil settlement with the SEC and a promise to return billions to investors. Telegram, the world’s leading social messaging app, has agreed to pay an $18.5 million in a civil penalty to resolve criminal charges over an unregistered … Continue reading Telegram Hit With $18.5 Million SEC Fine and Set to Return $1.2 Billion to Investors as it Dissolves TON Project

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