Bitcoin price has been flat for nearly a month but on-chain data shows a bullish surge in new participants joining the network. The price of Bitcoin (BTC) has remained relatively flat for September and the strong decline in altcoin and DeFi token prices seems to be making the situation worse for many investors. Despite this […]
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His big takeaway? Mining rigs give off a lot of heat. Kosala Hemachandra, founder and CEO of crypto asset storage platform, MyEtherWallet, mined Bitcoin as a way to pay his Los Angeles rent between 2014-2015. When it came time to pay his bills, he would convert his coins into cash to facilitate the actual transaction. […]
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Bitcoin and a few altcoins continue to push against resistance at higher levels, suggesting that the uptrend may resume soon. According to data from CryptoQuant, the total amount of Bitcoin (BTC) held in exchange reserves dropped from 2.8 million BTC in October 2019 to 2.4 million. Analysts believe that this steady decline in reserves means […]
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Bitcoin integration led to positive results for the merchants in this study. BitPay recently released a study highlighting four merchants from different businesses that have implemented Bitcoin as a payment method. The parties selected to participate included a gold broker, an online gift card marketplace, a domain registrar that also serves as a hosting service, […]
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Bitcoin risks a larger pullback in the fourth quarter due to the confluence of bearish technical structures and macro uncertainty. Bitcoin price is showing weakness after another sharp rejection from the $11,000 resistance level. As Bitcoin (BTC) enters the fourth quarter, the sentiment around the market remains generally cautious and neutral. Bitcoin might face a […]
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Having the world use one distributed ledger will support technical uniformity, interoperability of applications and a more honest planet. Despite being, perhaps, the biggest tech buzzword of the last decade, blockchain technology has largely remained just that: a buzzword. While its best-known implementation, Bitcoin (BTC), has become a household name, the technology that underpins it […]
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The KuCoin hack is the first high-profile case of a decentralized exchange being used to launder stolen funds. Cybercriminals have continued to come up with new, innovative attack vectors that a lot of prominent crypto platforms are still falling prey to. For example, Johnny Lyu, the CEO of Singapore-based cryptocurrency exchange KuCoin, stated on Sept. […]
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Investors should keep an eye on the tight inverse correlation between the strength of the U.S. dollar and Bitcoin. A widespread debate among investors is the correlation of Bitcoin (BTC) with other markets. A high degree of correlation between the equity markets and Bitcoin has existed, particularly in the last few months. In other periods, […]
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Holders of these coins have a new way to get passive income. Crypto exchange Bitfinex is now offering a way for holders of three different cryptocurrencies to earn up to 6.2% annual interest. According to a Sept. 30 announcement, Bitcoin (BTC) and Ethereum (ETH) holders are now eligible to earn up to 6.2% annual percentage […]
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Crypto garnered another mention in one of Maduro’s bombastic speeches. The President of Venezuela Nicolas Maduro says that the country’s government is now looking at diverse cryptocurrencies as a potential way of avoiding sanctions. On Sept. 29, Maduro presented a new bill that intends to help the country overcome the impact of United States’ sanctions. […]
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