Former stockbroker commonly known as the “Wolf of Wall Street” Jordan Belfort has acknowledged that his initial projection of Bitcoin (BTC) going to zero was wrong. Speaking during an interview with ...
Tag: Bitcoins
Does Satoshi Nakamoto have “only” 1.1 million Bitcoins?
Bitcoin’s creator, the anonymous Satoshi Nakamoto, is estimated to have about 1.1 million Bitcoins. But is this estimate safe? No, it is not a safe estimate at all. The problem is that the public ad...
Why Bitcoin’s HODL theory may be long-gone; BTC investors should watch out for…
Bitcoin [BTC]’s HODL narrative has been losing steam in the last few months. The market has shifted in favor of short-term profits and this has had a toll on Bitcoin’s performance. Especially its abil...
Over $500 billion outflows Bitcoin’s market cap in 2022 as BTC grasps to hold at $20k
The ongoing crypto market volatility continues to take a toll on Bitcoin (BTC) with the digital asset experiencing extended capital outflows. Notably, Bitcoin’s market capitalization has plunged almos...
Report: 51% of Bitcoin’s Trading Volume is Fake
Bitcoin’s trading volume is significantly lower than what is reported, according to Forbes’ latest study of 157 exchanges. According to the report, Bitcoin trading volume on June 14 was $128 billion, ...
Mercury Wallet is pitching itself as Bitcoin’s answer to scalability, privacy
Software engineer and privacy advocate Nicholas Gregory recently sat down with CryptoSlate to discuss Bitcoin privacy and developments at privacy-focused Mercury Wallet. The talk was particularly pert...
Jerome Powell Speech, Merge Updates, and Bitcoin’s Choppy Price Action: The Week’s Crypto Recap
The past seven days were relatively unproductive in the cryptocurrency markets – at least in terms of price development, but this doesn’t mean there wasn’t volatility. The total capitalization seems t...
Ethereum Drops Below $1,600 as Bitcoin’s Price Fluctuates
This Friday, the price of bitcoin remains steady after trading in the $21k area throughout the week. BTC has maintained support for the past seven days and is likely to do so until next week, when the...
Bitcoin’s Hashrate Skyrockets, Block Intervals Suggest a ‘Notable’ Difficulty Increase Is in the Cards – Mining Bitcoin News
While bitcoin prices hover just below the $22K mark, the leading crypto asset has still shed more than 9% against the U.S. dollar during the last two weeks. Despite the lower prices, Bitcoin’s hashrat...
Bitcoin’s deep-pocketed investors are doing this but should you
Bitcoin just entered the sixth day of relatively low activity while hovering within a 9-week ascending support line. Its current performance underscores the increased state of uncertainty especially a...
Latest downturn the latest warning for those trying to time Bitcoin’s bottom
Just ten days ago, Bitcoin was creeping towards the psychologically important $25,000 level. Today, it’s back to $21,300. It reads as a cautionary tale for investors who were beginning to allow just...
Why people cannot deny bitcoin’s best features?
Governments, financial institutions, and crypto skeptics have spread misinformation about Bitcoin. As soon as the price drops by 3%, the doomsayers begin to line up. But Bitcoin is gaining market shar...
Changing Bitcoin’s Narrative by Adding More Utility
Bitcoin (BTC) is speedily moving away from its age-old narrative of being a “store of value” as emerging solutions accelerate the network’s expansion into previously uncharted territories. While dozen...
On-Chain Platform Glassnode Reveals Factors Behind Bitcoin’s Weakness
Recently, the selling pressure in the crypto space has risen, which has halted the bull run across several assets, especially Bitcoin. In just seven days, the flagship currency has dropped by more tha...
While Holding the $21K Level, Bitcoin’s Price Fluctuates With An Increased Trading Volume
The bitcoin market today is still unchanged, and the price continues trading in the same range. Little has changed in the price of Bitcoin and Ethereum during the last day. The price of BTC holds supp...
Glassnode co-founder highlights 5 key factors affecting Bitcoin’s price
The hopes of bitcoin bulls were shattered last week after the leading cryptocurrency dropped significantly from a two-month high of around $25,211. Major altcoins were also affected, stirring over $60...
Bitcoin’s price 10 years ago was $9.55- The Cryptonomist
On August 22, 2012, that is 10 years ago today, the price of Bitcoin was $9.55, not even $10. Nothing like the $21,000 it hovers on at the time of writing. Bitcoin’s price 10 years ago was not even $...
BTC Transaction Fees Dip Below $1, Bitcoin’s Price Drops to $21,000
Because they could not hold the support levels, bitcoin prices fell last week after trading in the $24k range for several weeks. The bitcoin price has now been trading at the $21k zone, where it has r...
Bitcoin’s [BTC] fall below $22,000 and what it means for demand in these sectors
Bitcoin, the world’s largest cryptocurrency, has showcased a strong will to stand up on its feet over the past couple of weeks. However, despite that, Bitcoin dropped below $22,000 recently, triggerin...
3 reasons why Bitcoin’s drop to $21K and the market-wide sell-off could be worse than you think
On Friday, August 19, the total crypto market capitalization dropped by 9.1%, but more importantly, the all-important $1 trillion psychological support was tapped. The market’s latest venture be...
Bitcoin’s Price Plummets on Global Inflation Concerns
The BTC hourly chart below illustrates the time of the German PPI announcement, in conjunction with the drop in BTC prices. The decline came along with excessive volume for the 06:00 UTC hour, when co...
Pro: Bitcoin’s region of maximum pressure likely in the $10K-$14.5K range
On-chain analyst Cauê Oliveira says benchmark cryptocurrency Bitcoin (BTC/USD) could see “maximum pressure” later in the year, highlighting the region around $14,500-$10,000 as the likely bottom for t...
Dogecoin Is Following Bitcoin’s 2019 Price Movement
Amid a gloomy crypto market, Dogecoin seems to be doing extremely well and has seen a massive surge from its previous lows. At the time of publication, Dogecoin has slightly plunged and is selling at ...
Bitcoin’s Mining Difficulty Rises for the Second Time in a Row — It’s Now 0.63% Harder to Find a BTC Block – Mining Bitcoin News
On August 18, 2022, Bitcoin’s mining difficulty increased again after the 1.74% rise two weeks ago on August 4. At block height 749,952 at 7:07 a.m. (EST) the network’s mining difficulty rose by 0.63%...
Bitcoin’s short-term price uptrend under threat as the bulls fade
Bitcoin (BTC) is struggling to hold above $23,500 on August 18 as the flagship digital asset attempts to maintain an uptrend that has been on the rise over the last two months. On the daily bar chart,...
Crypto Lender Nexo Sues Former Director Over Account Holding $20M in Bitcoins
Crypto lender Nexo has filed a legal lawsuit against its former executive Georgi Shulev for refusing to honor his side of an agreement he signed with the firm before his departure in 2019, Law360 repo...
Court Grants Celsius Network Approval To Sell New Mined Bitcoins
6 hours ago | 2 mins read Defi News Celsius mined 432.30 BTC in July, which is equivalent to nearly $10.3 million. Judge Martin Glenn of the Bankruptcy Court reached the ruling. Troubled crypto lender...
Bitcoin’s Price Retraces Again, Breaks Below Trendline
●Bitcoin (BTC): $23,960 −0.3% ●Ether (ETH): $1,883 −0.9% ●S&P 500 daily close: 4,305.20 +0.2% ●Gold: $1,791 per troy ounce +0.5% ●Ten-year Treasury yield daily close: 2.82% +0.03 Bitcoin, ether an...
A take on Bitcoin’s less volatile cycle ft. a potential price uptick
Bitcoin and volatility are two words that often go hand in hand. Volatility means that the price of an asset might change rapidly and unpredictably, especially, for the worse. For Bitcoin, after the h...
Crypto trading guru identifies Bitcoin’s position to watch ‘for longs’ as consolidation occurs
Bitcoin (BTC) is still attempting to exit the bear market after sustaining gains above $20,000 in recent weeks. Investors are now looking for the next price target after the flagship crypto began trad...
Bitcoin’s longest-serving Lead Maintainer calls it quits, names no successor
Bitcoin’s top developer and Lead Maintainer, Wladimir van der Laan, has confirmed that he’s retiring. Van der Laan is the second successor to Satoshi Nakamoto and is one of the few people in the world...
Mt. Gox: How many Bitcoins were stolen
The biggest hack in cryptocurrency history is the one that occurred at the Mt. Gox exchange, from which 850,000 Bitcoin were stolen. The story of the 850,000 Bitcoin stolen from Mt. Gox Mt. Gox is sti...