After more than a week of ranging in a $500 zone, BTC/USD saw an attempt at a break, now falls below $9K. Bitcoin (BTC) price lost support at $9,000 on Nov. 8 after several days of downward action finally saw markets make a decisive move. Data from Coin360 showed BTC/USD breaking out of its narrow […]
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Bears are licking their chops as Bitcoin price tightens, setting lower highs below $9.3K so far in November, the biggest performing month for BTC historically. So far November has started off as a relatively uneventful month for Bitcoin’s (BTC) price action but all of this could change before the weekend is over. Let’s take a […]
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Tether fires back at forthcoming paper that alleges that a single whale using USDT was responsible for Bitcoin’s 2017 bull run. Tether has issued a response to a recently surfaced paper that alleges that a single whale manipulated the market to cause 2017’s bull run in Bitcoin (BTC) price. The response Tether, which is behind […]
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Co-founder of Riot Games Marc Merrill had his identity stolen by a Singaporian national who used Merrill’s personal information to illegally access $5 million worth of computing power. The millionaire game developer, Marc Merril, was a victim of the Singaporean man who stole identities to utilize Amazon Web Services’ and Google cloud computing power for […]
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Cash App will be buying 16% of Bitcoin’s new supply after the halving if the firm’s buying appetite doesn’t decrease and the asset’s price increase. Square’s mobile payments application Cash App will be buying 16% of Bitcoin’s (BTC) new supply if the company keeps buying at the same rate after the halfing if the price […]
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Bitcoin mining has become a multibillion-dollar industry — but with 85% of Bitcoin extracted, is it still profitable? Back in the early days, when Bitcoin (BTC) was but a niche experiment for cypherpunks and basement-dwelling hobbyists, the process of its creation required little more than a budget CPU. Since that time, however, an entire industry […]
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Head of Cryptography at IoTeX says the blockchain community should address three issues to prevent being overtaken by quantum computers. Blockchain community should immediately begin working on three issues to prevent being overtaken by quantum computers, a cryptography expert says. Xinxin Fan, head of cryptography at privacy-IoT blockchain platform IoTeX, published an article in The […]
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Transacting in both paper and the precious metal involves “friction,” whereas Bitcoin combines settlement and transacting, says the Wall Street veteran. Bitcoin (BTC) beats both fiat currency and gold because it does not need settlement, RT host Max Keiser has said. In the latest episode of the network’s Keiser Report on Nov. 7, the well-known […]
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Hong Kong-based Bitcoin spot and derivatives exchange Atom Group has launched amid a tightening of the region’s crypto-regulatory regime. Hong Kong-based Bitcoin (BTC) spot and derivatives exchange Atom Group has launched amid a tightening of the region’s crypto-regulatory regime. As the South China Morning Post (SCMP) reported on Nov. 7, the Atom Asset Exchange (AAX) […]
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A project by the interior ministry and other entities even includes creating dedicated government wallets for transferring of seized funds. Russia is planning on creating legal statutes allowing the government to achieve the impossible: confiscation of Bitcoin (BTC). As local financial news outlet RBC reported on Nov. 7 citing sources familiar with the matter, Russia’s […]
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