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4 Reasons Bitcoin May Hit USD 1-5 Trillion Market Cap in 10 Years


Despite innovations in mostly Ethereum-based decentralized finance (DeFi) stealing much of the attention at the moment, New York-based investment company ARK Invest Management claims that bitcoin (BTC) is “the most compelling monetary asset since gold,” capable of reaching a market capitalization...

From USD 150k to 30m: How MicroStrategy CEO Sold Voice.com To Block.One


Block.one CTO Dan Larimer during the announcement of Voice in June 2019. Prior to buying a total of BTC 38,250 for a grand total of USD 425 million, Michael J. Saylor, the CEO of MicroStrategy, an American software company, sold the Voice.com domain to the developers of Voice decentralized social...

Bitcoin Inches Closer To USD 11,000, Altcoins Turn Green


Bitcoin price started a steady recovery above the USD 10,500 and USD 10,550 resistance levels. BTC even surpassed the USD 10,700 level, and it is currently (08:30 UTC) facing resistance near USD 10,800. The main resistance for a sustained upward move is still near USD 11,000. Also, most major...

Bitcoin Options Traders Bet the Price of BTC Can Touch $36K by December


This past weekend, data shows the most active bitcoin options contracts were calls for $28k, $32k, and $36k by the year’s end. This means a number of options traders are betting the price of bitcoin will exceed the all-time high (ATH) the decentralized currency touched in December 2017....

3rd Incident Hits bZx - Debt Up by USD 8m, Team Still Praises the Protocol


DeFi lending protocol bZx (BZRX) confirmed that "due to a token duplication incident" its insurance fund "has transiently" accrued debt of around USD 8m. At pixel time (08:05 UTC), BZRX, ranked 138th by market capitalization, trades at USD 0.439 and is down by 32% in a day...

Hackers Set Sights on Over USD 700m Bitcoin Wallet That Might Also Be Empty


Source: Adobe/wsf-f Hackers from across the globe have stepped up their efforts to break into a bitcoin (BTC) wallet that is thought to hold more than USD 700 million worth of crypto. The wallet could be the seventh most valuable in the world and holds BTC 69,370 (USD 714m), per BitInfoCharts data....

Uniswap DeFi Trader Tells a Story Of Exploiting A Bug and Making USD 270k


An alleged trader on the Uniswap decentralized exchange claims she/he made close to USD 270,000 in profits after exploiting a bug with the rebase functionality of the recently listed token Soft Yearn (SYFI). The claim was made through an anonymous Twitter account called Amplify on Monday this week...

Jim Rogers Predicts End of Dollar Dominance as US-China Tensions Escalate


Renowned investor Jim Rogers believes that the U.S. dollar dominance is coming to an end as the tensions between the U.S. and China mount. The growing national debt, the protests, the political uncertainty surrounding the presidential election, and countries seeking a USD alternative in fear...

USD 1m in Limbo as DeFi 'Rookie' Sends Funds To Wrong Address


Somebody sent USD 1m to Swerve Finance contract today, with the Cryptoverse initially presuming that the sender would never see their money back. As it turns out, the fortune (pun intended) might be smiling upon the sender at the moment. In a move which some described as "brutal,"...

Bitcoin Mining Difficulty Drops While BTC Slips Below USD 10K Again


Source: Adobe/Татьяна Палладина Following a month of rising Bitcoin (BTC) mining difficulty, the first adjustment in September saw the difficulty drop - though it still remains at the second-highest level in the network's history. Bitcoin mining difficulty, or the measure of how hard it is...

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