Bitcoin (BTC) is aiming for a new network record as its hash rate is just inches away from hitting three figures. Bitcoin hash rate nearing 100 quintillion Data from statistics and wallet provider Blockchain published on Sept. 8 shows that as of that date, Bitcoin’s hash rate has topped 94 quintillion hashes per second. Bitcoin network hash rate. Source: Blockchain A record in itself, the number is now set to reach 100 quintillion for the first time in Bitcoin’s history, commentators suggest. As Cointelegraph has explained, hash rate refers to the overall computing power involved in processing Bitcoin transactions. The …

Bitcoin maximalist and former Wall Street trader Max Keiser has recently claimed that Bitcoin (BTC) dominance is heading to 80% and that altcoins are dying, further urging the public to rotate out of other crypto assets and into BTC. Keiser announced his latest views in a Twitter post on Aug. 6: “#Bitcoin dominance 68.2% — heading to 80% — as alts die in favor of BTC. The 2014-2017 era of alts and hard forks is dead. Don’t be the last to rotate out of alts into BTC.” According to data provided by Coin360’s summary table, BTC is sitting at a …

Max Keiser, a former Wall Street trader and host of the RT program Keiser Report, said that he believes Bitcoin (BTC) will break $15,000 this week. In tweet published Aug. 3, Keiser said that he is “sensing #Bitcoin will cross $15,000 this week.” He further stated that confidence in central governments, central banks and centralized fiat money are at the lowest level they have been in decades. He noted: “I’m confident. So I just burned another $10,000 in $USD shitcoin. Correlation does not equal causation, but whenever I burn a few thousand $USD, BTC price goes up significantly.” Chain of …

Former Wall Street trader and host of the Keiser Report Max Keiser was leading the backlash against the bitcoin (BTC) naysayers this weekend as the bitcoin price passed $11,000. Using Twitter as a platform, Keiser focused on gold enthusiasts after several claimed that despite its performance, bitcoin was still an inferior bet to the precious metal. Among them was Peter Schiff, the veteran gold bug who has regularly trashed cryptocurrency both informally and via interviews while ironically also accepting it as payment. “It doesn't matter how high the price of Bitcoin rises unless you sell. Every buyer must eventually sell …

The Bitcoin (BTC) hash rate — the total computing power of the bitcoin network — reached new all-time highs this week, data from monitoring resource Blockchain.com confirmed on June 19. As the Bitcoin price set a new annual record above $9,000, hash rate, which can be taken as a measure of how much interest there is in mining bitcoin, shot higher than ever before. For Wednesday this week, the most recent day for which data is available, bitcoin’s hash rate had reached 65.19 trillion hashes per second (Th/s). The activity did not go unnoticed, with hash rate constantly gaining every …

November has been a busy week for famed stock picker Ronnie Moas who, on Nov. 4, predicted that by the beginning of 2018 Bitcoin would hit $11,000. That was recently blown out the water, but before the target was hit, he adjusted to $14,000. Now, Bitcoin is on its way to smashing that new target causing Moas to readjust for the third time in a month as the digital currency revels in a new era of adoption and acceptance. Moas looks at Bitcoin as a whole, incorporating all the chain splits in his split-adjusted price is and considering the price …

Max Keiser has publicly called arrested Saudi Prince Alwaleed bin Talal a “poster boy for why you should buy Bitcoin.” In an episode of the Keiser Report on Russia Today, the outspoken Keiser said the world’s richest Arab “wouldn’t have the problems” he is currently facing had he bought Bitcoin. Bin Talal is currently under ‘house arrest’ in the Ritz hotel in the Saudi capital Riyadh, where he is reportedly sleeping on an inflatable mattress. Previously, he had said he “doesn’t believe in this Bitcoin thing” and that the virtual currency is “Enron in the making.” Saudi authorities have confiscated …

Bitcoin’s rise over $7,200 Thursday has piled pressure on already sidelined altcoin markets, leading many into freefall. An analysis of Coinmarketcap’s top 20 altcoin listings shows a depressing picture as Bitcoin’s surge leaves many struggling to stay above multi-month lows. Notable standouts are the Bitcoin Cash fork and controversial newcomer BitConnect, opportunistically riding enthusiasm surrounding the Bitcoin Core chain. Altcoin losses extend to Ethereum, which lost over six percent in 24 hours, while fellow fork Ethereum Classic (ETC) dropped to its lowest BTC and USD price since May. Bitcoin meanwhile is posting highs elsewhere, its market dominance reaching 62.4 percent …

Max Keiser has raised his Bitcoin price forecast to $10,000 as the cryptocurrency industry celebrates SegWit activation. Joining figures such as Andreas Antonopoulos and Bobby Lee, Keiser, who is notoriously bullish on Bitcoin, said his “interim” price estimate had doubled from $5000. Lee’s BTCC pool mined the first SegWit block for Bitcoin. #Segwit activated. I'm raising my interim price target for #Bitcoin to $10,000. — Max Keiser (@maxkeiser) August 24, 2017 #segwit activated! Congratulations to all the devs who worked on this bitcoin upgrade! — Andreas (@aantonop) August 24, 2017 We got it! First #SegWit Block, block number #481,824 mined …

Max Keiser is the co-founder of StartJOIN, a crowdfunding platform and launch pad for business ideas and projects that leverages on cryptocurrency such as StartCOIN and Bitcoin. Here it is not only financial backing that people give but also other forms of support such as sharing the ideas, providing feedback, consultation, and skills. Max is also the host of Keiser Report, a financial program that airs on RT. Cointelegraph had an opportunity to have an exclusive interview with Max on StartJOIN’s progress so far and what we can expect in the future. “I'm confident that StartJOIN and StartCOIN will […] …