Bitcoin (BTC)

Three years ago, Bitcoin prices were just cooling off from a surge to an all-time high of $20,000. The altcoins had yet to peak, but this would come in the first week of January.Fast forward three years and Bitcoin prices are just cooling off from a new all-time high of $28,400 on Sunday, December 27 according to Tradingview.com.Those that stood their ground and battled through the brutal two-year bear market will have done well. But many that FOMO’d into cryptocurrencies in 2017, possibly...

It’s happened again, folks. Another cryptocurrency exchange hack is in the books. This time, the victim is EXMO based in the United Kingdom. At the time of writing, roughly five percent of the platform’s assets have disappeared.EXMO Has Been HackedEXMO reported earlier in the week that several of its hot wallets had been compromised by thieves. This is consistent in the crypto space and it has been reported time and time again that hot wallets do not possess the security and strength of cold...

It looks like Australia is becoming a super haven for cryptocurrency and blockchain activity. According to a new survey, it appears that roughly 20 percent of the residents of the Great Outback have either owned cryptocurrency in the past or possess it at the time of writing.Australia and Cryptocurrency Are Becoming Long-Term PartnersThe survey comes by way of the Independent Reserve Cryptocurrency Index (IRCI). The platform conducts this survey annually and has discovered that 2020 was the...

The US Senate has approved a new stimulus package worth nearly $900 billion, including $300 billion for small businesses and direct payments of up to $600 for American adults. With the total economic relief amount surpassing $3 trillion since the start of the COVID-19 pandemic, the question remains if these developments are inadvertent promotion for bitcoin.A Fresh US Economic Relief Of $900BNAs the unexpected outbreak of the COVID-19 pandemic infiltrated the Western World earlier this year,...

Overall, $6.6 billion worth of Tether (USDT) now exists on the TRON blockchain, and between 300-400k USDT transactions are conducted each day on TRON making it arguably the number one network for USDT.If you’re a stablecoin user, odds are you are aware that Tether (USDT), the most popular USD-backed stablecoin, is available to use on multiple different networks.  There’s the original Omni-based Tether, based on top of the Bitcoin blockchain, and there’s also a variety of tokenized Tether...

In der vergangenen Woche hat GrayScale Bitcoin im Wert von über 542 Millionen Dollar gekauft. Dies hat die Unternehmung mittels einer Einreichung bei der Securities and Exchanges Commission (SEC) mitgeteilt. Der Kauf von ungefähr 11’200 Bitcoin hat zwischen dem 15. und 22. Dezember 2020 stattgefunden, am Dienstag sind 12’300 Bitcoin im Wert von ungefähr 280 Millionen Dollar gekauft worden: Das Interesse von institutionellen Investoren ist ungebrochen und wächst weiter....

In der vergangenen Woche hat GrayScale Bitcoin im Wert von über 542 Millionen Dollar gekauft. Dies hat die Unternehmung mittels einer Einreichung bei der Securities and Exchanges Commission (SEC) mitgeteilt. Der Kauf von ungefähr 11’200 Bitcoin hat zwischen dem 15. und 22. Dezember 2020 stattgefunden, am Dienstag sind 12’300 Bitcoin im Wert von ungefähr 280 Millionen Dollar gekauft worden: Das Interesse von institutionellen Investoren ist ungebrochen und wächst weiter....

Bitcoin is starting to correct from its rampant rise above $28K this week, with the current price down $1,900 from its recent peak of $28,420. With the Bitcoin market capital currently above $520 billion and overall dominance now above 71%, a correction has been on the cards for a number of days now.$55 million worth of BitMEX short positions have already been liquidated in the last few minutes, as fears of a reversal begin to disseminate.The $27,000 level appears to be providing some...

Bitcoin has been on an incredible run over the past couple of months. The price surged above the coveted $20,000 mark earlier in December and it shows absolutely no signs of slowing down, with a current all-time high at above $28,000.Bitcoin Price on SteroidsLess than three months ago, bitcoin’s price was slightly above $10,000 and it’s unlikely that anyone could have foreseen what followed.In October, the price started trending up and before we knew it, it had reached below $20,000. It was...

With the latest rally, Bitcoin becomes the first financial service to cross $500 billion in market cap. The latest BTC price action and on-chain activity suggest that retail buying has suddenly spiked up during this holiday season.Bitcoin (BTC), the world’s largest cryptocurrency continues to make new highs this holiday season. In a sweeping bull rally earlier today, the BTC price surged to hit its new all-time high of $27,806 surging over 10%. With the latest price rally, Bitcoin has hit a...