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Two Wrong Guesses And This Programmer Loses USD 241M in Bitcoin


It sounds like every bitcoiner’s worst nightmare: A wallet stuffed with thousands of BTC…but with no keys to open it. The nightmare has become a reality for an American computer programmer who per the New York Times and the Guardian has been left with just two attempts to enter a correct password...

Bakkt Predicting Sky-high Growth for ‘USD 3 Trillion’ Crypto Sector


Source: Adobe/あんころもち(ankomando) Bakkt, the US-based crypto platform, owned by the Intercontinental Exchange Inc., is forecasting high rates of growth in the crypto industry over the next few years, as well as growth in associated industries, factors that may have influenced its...

Bitcoin Reclaims USD 40K, Ethereum and Litecoin Gain Momentum


After a minor downside correction, bitcoin price started a fresh increase above USD 38,500. BTC surged over 8% and reclaimed the USD 40,000 level. It is currently (13:00 UTC) trading well above USD 40,000 and it could continue to rise towards USD 42,000 and USD 42,500. Besides, most major altcoins...

Blockchain Projects Gain Boost in Seoul’s USD 7Bn 2021 Spending Plan


The South Korean government has pledged to spend USD 7bn on public projects this year, a figure that will include blockchain spending. The money will back what ministers have labeled the “Korean New Deal,” and particularly what they have called the “core” of the measures, the “Digital New Deal,”...

US Dollar Crashes To USD 40,000 per Bitcoin


Source: Adobe/Fox_Dsign It took 17 days for the most popular cryptocurrency, bitcoin (BTC), to jump from USD 20,000 to USD 30,000, and less than a week to hit USD 40,000. At the time of writing (18:16 UTC) it reached this level on multiple exchanges, such as Binance, Bitstamp, and HitBTC. After...

Bitcoin Breaks USD 38K, XRP Rips Higher, Altcoins Remain Attractive


There was a fresh increase in bitcoin price above the USD 37,500 and USD 37,750 levels. BTC even cleared the USD 38,000 level and traded to a new all-time high. The price is currently (13:00 UTC) showing signs of upside continuation and it could rise further to USD 39,500 or USD 40,000. Similarly...

Bitcoin Cash To Hit USD 100K, Says Roger Ver (Bullish on Ethereum Too)


Roger Ver. Now the third worst-performing major cryptoasset, bitcoin cash (BCH), in 2030, will be worth almost 229 times its current price, according to Roger Ver, tech entrepreneur and investor and Bitcoin Cash evangelist, who said is also bullish on ethereum (ETH). “The more useful something...

Bitcoin On The Move Again, Smashes USD 35K, Outperformed by Cardano


The most popular cryptocurrency, bitcoin (BTC), just passed the USD 35,000 level for the first time with a double-digit jump in a day. The majority of other top cryptoassets are rallying too. At pixel time (04:39 UTC), BTC trades at USD 35,567 and is up by 13% in a day and 27% in a week, increasing...

Teaching True Story: Trader Robbed of Nearly USD Half Million in Bitcoin


A trader was robbed of nearly half a million dollars worth of bitcoin (BTC) in Hong Kong this Monday. Given the age we live in, one would presume that we've learned by now not to trust strangers we meet online, and certainly not to enter their vehicles, and most definitely not to let others know...

Ethereum Surpasses USD 1,000, Bitcoin Stable While Altcoins Rally


After a strong upward move, bitcoin price struggled to test the USD 35,000 resistance. BTC topped near USD 34,750 and recently started a downside correction. It corrected lower to USD 32,500 and it is currently (05:00 UTC) consolidating in a range. Also, there were strong bullish moves in most...

Bitcoin Rallies Above USD 34K, Ethereum Smashes USD 800, XRP in Red


A new year rally on the first weekend of 2021 accelerated on Sunday as top cryptoassets keep grinding higher, with bitcoin (BTC) jumping above USD 34,000 and ethereum (ETH) surpassing USD 800 for the first time since May 2018. At the time of writing (09:20 UTC), BTC trades at USD 34,135 and is...

Bitcoin Jumps From USD 20K to USD 30K In Two Weeks


Source: Adobe/Fox_Dsign On the eve of its 12th birthday, the most popular cryptocurrency, bitcoin (BTC), surpassed another milestone, jumping above the USD 30,000 level for the first time just a bit more than two weeks after it returned to USD 20,000. At the time of writing (12:52 PM UTC),...

Binance to Cover USD 10m in Losses for Users Affected by the COVER Hack


Source: a screenshot, Instagram/binance Following a COVER smart contract hack, major crypto exchange Binance announced they will use their funds to cover their users' losses to the tune of USD 10.1m. "In addition to the compensation plan from the COVER team, Binance will utilize the Binance...

Bitcoin 3% Away From USD 30,000, Is Outperformed By XRP


In the past few hours, the most popular cryptocurrency, bitcoin (BTC), twice surpassed USD 29,000, hitting another all-time high, and now needs to increase by around 3% in order to hit another psychologically important milestone - USD 30,000. Despite this rally, BTC is outperformed by the most...

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