• Binance jumps into bitcoin mining
    Bitcoin,  Cryptocurrencies,  People

    Binance jumps into bitcoin mining

    The biggest cryptocurrency exchange promises ‘the lowest rates’ but also raises concerns about the concentration of mining power in a few hands

    Cryptocurrency exchange Binance jumped into bitcoin mining business today, announcing the launch of Binance Pool. The move comes only weeks before the third “halving” will reduce the reward for mining a Bitcoin block from 12.5 BTC to 6.25 BTC—an event that has preceded big price increases in the past.

  • Anthony "Pomp" Pompliano on Bloomberg Television. Let's see if that ever happens again.
    Bitcoin,  Litecoin,  Media,  Opinion

    Halving halfwits: Anthony Pompliano’s feud with Bloomberg’s Joe Weisenthal over who’s the greater fool

    What seemed like a Twitter fight over the Efficient Market Hypothesis is really about something else

    Have you heard of “The Halving?” Many—if not most—retail traders and investors may not have heard of it. Those that have probably don’t care all that much about it. For that reason, all those HODLers who take up a lot of space on Reddit and Twitter give themselves a pat on the back.

  • Blockchain Capital’s Jimmy Song speaking at the Bitcoin 2019 Crypto PR Lab afterparty (photo by Martine Paris).
    Bitcoin

    Crypto pundits are unfazed by market volatility

    A look at the halving, the whale, and the Bitcoin faithful

    Martine Paris talked with crypto pundits, Jimmy Song, venture partner at Blockchain Capital and author of Programming Blockchain; Alex Frenkel, GM of Kin Ecosystem; Michael Terpin, CEO of Transform Group and co-founder of BitAngels; and Alex Mashinsky, founder and CEO of Celsius Network. What follows are their views on the likely causes of the wild parabolic swings.