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Bitcoin and Altcoins Trading Near Make-or-Break Levels
28.8.2019
This week, bitcoin price started a slow and steady decline from the USD 10,500 resistance area. BTC/USD is currently (08:00 UTC) trading below the USD 10,250 and USD 10,200 support levels. The current price action suggests high chances of more downsides in the coming sessions. Similarly, most major...
The Faketoshi BTC 550K Saga - Where Do We Go From Here?
27.8.2019
Craig Wright. Source: a video screenshot, Youtube, Crypto Finder
With the ruling coming in on August 26th in the case of Craig Wright, a controversial Australian computer scientist and supporter of Bitcoin SV (BSV), also known as 'Faketoshi', one may think that this episode in the Cryptosphere...
90% of Clients Use Crypto for Speculation Only: CEO of Major Wallet
27.8.2019
It’s not a secret that crypto still has a way to go before its use for everyday transactions will catch up with speculative demand. However, one outspoken crypto executive sheds a bit more light on the current status of crypto. At least, at the company he manages.
In a recent interview with CNBC...
Craig Wright ‘to Pay BTC 1m’ as Judge ‘Rejects’ His Testimony
27.8.2019
Bitcoin pioneer Craig Wright could be set to lose a whopping 50% of the BTC tokens he mined with his now-dead business partner David Kleiman – a figure that could be as high as BTC 1 million.
A Twitter user claiming to have attended the latest court hearing in the case said that the presiding judge...
This is How the USD 10M per BTC 'Thought Experiment' Would Look Now
26.8.2019
Source: iStock/pixel_dreams
Ten years ago, Harold Thomas Finney, cryptographer and crypto pioneer who worked closely with Bitcoin creator, Satoshi Nakamoto (or some say he's Satoshi himself), did a thought experiment and found out that one bitcoin (BTC) would be worth a whopping USD 10 million...
Bitcoin and Altcoins In Downtrend Despite Recent Bounce
26.8.2019
This past week, there were mostly bearish moves in bitcoin price below the USD 10,500 and USD 10,200 levels. BTC/USD even revisited the USD 9,750 support area and it recently started an upside correction. The price surged above USD 10,200 and USD 10,300, but the main resistance near the USD 10,500...
Watch Two Alleged Thieves Walk out of a Mall with a Bitcoin ATM
23.8.2019
Two men entered a mall in Lynnwood, Washington earlier this month and apparently strolled out with a Bitcoin ATM, a security footage captured on August 3 showed.
The alleged thieves casually went into the mall, then immediately went back out. Several minutes later, after the stores had closed at...
Bitcoin Salary: 'Regress to Slavery' vs. Real Life Example
23.8.2019
Mainstream media plays an important role in educating public about the world of cryptocurrencies, and this time, two major British news outlets attempted to discuss what it means to be paid in crypto. The picture they showed is somewhat mixed.
First, the Financial Times opined that, while...
Did Someone Just Buy 45 Bitcoins for USD 14?
23.8.2019
Users of Singapore-registered cryptocurrency exchange BitMax (39th by reported trading volume) are scratching their heads as it looks like someone managed to buy 45 bitcoins for USD 14 today, which would normally cost c. USD 458,100.
Today, a screenshot started to circulate in social media...
Craig Wright Again Claims Authorship of Bitcoin White Paper
23.8.2019
Wright has made another attempt to cement his claim to be Satoshi Nakamoto, posting bitcoin's white paper on a scientific paper hosting site
Bitcoin and Altcoins Rebound Likely To Face Hurdles
23.8.2019
After a downward move, bitcoin price found support near USD 9,750 and recently started an upside correction. BTC/USD climbed above the USD 10,000 resistance, but it is still facing many important hurdles near USD 10,000, USD 10,280 and USD 10,320. Similarly, ethereum, ripple, bitcoin cash, binance...
Overstock Appoints New CEO After Under-fire Byrne Steps Down
23.8.2019
American retailer Overstock has confirmed the appointment of Jonathan Johnson as its new interim boss after crypto-keen Patrick Byrne stepped down as CEO and board member on August 22. Shares in the company shot up by 8.31% in the hours after Overstock revealed the news.
Byrne stepped into...
Bitcoin Rewards are Spreading with Major Partnerships
22.8.2019
Lolli joined hands with a major goods and food delivery service, Postmates. There are new announcement coming in every day showing major partnerships being made which help cryptocurrency and blockchain adoption. A particular area that has been spreading recently through various partnerships...
Bitcoin and Altcoins Trading With Bearish Bias
22.8.2019
In the past few sessions, there were mostly bearish moves in bitcoin price below the USD 10,200 and USD 10,000 support levels. BTC/USD tested the last swing low near USD 9,750 and it is currently (08:00 UTC) correcting higher. However, upsides are likely to face a lot of hurdles near the USD 10,150...
Watch How Bitcoin Miners in Sichuan Are Being Flooded
21.8.2019
Source: Twitter, @redtheminer
A life-threatening disaster hit Aba prefecture in Sichuan, China, causing enormous damages. The four-days-long heavy rainfall produced raging floods and massive mudslides which directly impacted miners in the “Bitcoin mining capital”, as Sichuan is called.
Two videos...
Bitcoin and Altcoins Retreating From Recent Highs
21.8.2019
Yesterday, we saw a decent upward move in bitcoin price above the USD 10,750 resistance. However, BTC/USD struggled to continue above the USD 10,900 and USD 11,000 resistance levels. As a result, there was a fresh decrease and the price declined sharply below the USD 10,650 and USD 10,500 support...
Pieter Wuille Unveils ‘Miniscript,’ A New Smart Contract Language for Bitcoin
20.8.2019
Smart contracts could soon get a boost in bitcoin as prominent programmer Pieter Wuille has unveiled a new coding language designed specifically for their use. Posted to the bitcoin developer mailing list Monday, the ‘Miniscript’ language aims to make it easier for programmers to write...
Bitcoin’s Popular Twitter Handle Abandoned BCH for BTC?
20.8.2019
A screenshot of the new @Bitcoin page.
There’s hardly a single inhabitant of Cryptoland who is not aware of the clash between Bitcoin (BTC) and Bitcoin Cash (BCH), ever since (or likely even before), in 2017, BCH was created as a hard fork of BTC. However, an interesting and sudden thing happened...
The Rise of a New Faketoshi? Caantoshi Enters the Scene
20.8.2019
Being real Satoshi Nakamoto – or being believed to be the real creator of the world’s most popular cryptocurrency, Bitcoin – is no joke, as, among other things, billions of dollars are on the line, and even a possible influence on the market. Numerous people have saught cheap attention with claims...
Bitcoin and Altcoins Poised for Further Appreciation
20.8.2019
This week, bitcoin price started a strong recovery above the USD 10,200 and USD 10,500 resistance levels. BTC/USD even climbed above the USD 10,650 resistance. It opened the doors for more upsides and the price recently climbed above USD 10,800. Similarly, there were positive moves in a few major...