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The Snapshot of The Bitcoin Rally to USD 11,000


As bitcoin (BTC) continued its surge higher after breaking through the crucial USD 10,000 level on Sunday and hitting USD 11,000 on Monday, a number of metrics show how much has the interest in the most popular coin increased in the past few days. Trading volume While on Monday it reached...

First Mover: The Dollar Drop May Have Helped Push Bitcoin Past $11K


As the U.S. dollar’s value slides, prices are suddenly rising for just about everything priced in dollars.  That includes bitcoin, which shot up some 13% on Monday for its biggest gain in almost three months. Prices soared past levels reached in February, prior to...

Bitcoin Mining Difficulty Drops, While Miners Slow Down BTC Sale


Tonight (UTC time), Bitcoin (BTC) mining difficulty dropped for the first time in two months almost as estimated. Meanwhile, after selling more BTC than was generated in the past week, it seems that miners started to hoard more. BTC mining difficulty, the measure of how hard it is to compete...

Bitcoin Correcting Gains, Major Altcoins Look Bullish


Bitcoin price started a strong increase above the USD 10,000 level. BTC broke a crucial resistance near USD 10,500 and it even rallied above USD 11,000. The price traded to a new monthly high close to USD 11,400 and it is currently (08:30 UTC) correcting below USD 11,000. Most major altcoins also...

Ignorance and Greed Sustain Cryptocurrency Scams in Nigeria


Nigeria is not only Africa’s biggest cryptocurrency market but is also a leading adopter of digital currencies globally. Official figures show the country is well ahead of fellow African countries. Citizens of the West African state use cryptocurrencies for cross border payments as well...

Bitcoin Up In a Year Again: Hits USD 11,000, Grows Dominance


Source: Adobe/jan_S It took one day for the most popular cryptocurrency, bitcoin (BTC), to climb from the long-awaited USD 10,000 level to USD 11,000, increasing its dominance in the market and showing positive returns in the past 12 months again. However, BTC is still not the best performer even...

Hackers Transfer $28 Million Worth of Bitcoin from 2016 Bitfinex Breach


Around 2,500 stolen bitcoins ($28 million) from the 2016 Bitfinex breach were transferred from the hacker’s wallet on Monday. The last time the Bitfinex hackers moved funds from the hack four years ago, they moved around $5 million worth of coins on June 24. This time around, the top crypto...

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