As the weekly close approaches, Bitcoin price dropped out of the ascending channel to $8,840, marking six consecutive lower highs since June 2019. Within the last hour Bitcoin (BTC) price dropped to $8,840. The drop came with less than 8 hours left before the weekly close. A confluence of miners selling more BTC than they […]
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If Bitcoin remains in an uptrend, these altcoins are likely to outperform the other major cryptocurrencies this week. The institutional interest in Bitcoin (BTC) has increased in the past few months, according to data from Grayscale Bitcoin Trust. If the trend continues at the same pace, by March 2021, GBTC would have purchased 75% of […]
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Crypto fund manager Grayscale Investments is believed to have purchased one-third of new Bitcoin for three months. Grayscale Investments, a crypto investment fund manager and subsidiary of Barry Silbert’s Digital Currency Group, is estimated to have purchased up to one-third of all newly minted Bitcoin during the past three months amid the run-up to the […]
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Goldman Sachs will soon host a conference call discussing the impacts of the current economic crisis on Bitcoin, gold, and inflation. Goldman Sachs will host a conference call on May 27 titled US Economic Outlook & Implications of Current Policies for Inflation, Gold, and Bitcoin. On May 23, Mike Dundas, the founder of crypto media […]
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The teenage hacker who allegedly stole $23.8 million in crypto from Michael Terpin may have threatened the life of a 16-year-old enlisted to help launder the money. Ellis Pinksy, the hacker who allegedly masterminded the theft of $23.8 million worth of crypto from pioneering investor, Michael Terpin, planned on retiring after the heist at the […]
Continue ReadingThe main steps that would help to accelerate the adoption of blockchain capabilities at the enterprise level. In my approximately two-decade career at Microsoft, I had the privilege and the opportunity to first work on the company’s emerging enterprise strategy, to architect and ship key enterprise technologies, and to build a strategic enterprise business and […]
Continue ReadingThe customer databases of Trezor, Ledger, and Keepkay have allegedly been listed for sale by the perpetrating hacker. The hacker that breached the Ethereum.org forum is allegedly selling the databases for the three most-popular crypto hard wallets — Ledger, Trezor, and KeepKey. The three databases contain the name, address, phone number, and email for more […]
Continue ReadingThe coronavirus outbreak may become the catalyst that will reveal the benefits of libertarian solutions and technology, such as cryptocurrency. We, as a society, are now experiencing a crisis of trust. The three pillars that we’ve had faith in all our lives — institutions, government entities and the media — have all failed us. From […]
Continue ReadingA sideways week for Bitcoin will not come as a surprise but BTC is still poised for a big move soon as it hobbles inside a tightening range. Last week, Bitcoin (BTC) looked poised for a huge move up to $11,000. Instead, we saw a sidewards week of price action coupled with a small pullback. […]
Continue ReadingA recent Andreessen Horowitz report says crypto is in its growth stage, but critics say the industry is yet to create end-use value. The crypto space is well over a decade old with more than 5,500 different cryptocurrencies and a market capitalization north of $250 billion. Researchers at American venture capital firm Andreessen Horowitz say […]
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