CipherTrace stated said that the user probably conducted the transactions to “stay up to date with the Bitcoin network.” An anonymous crypto user recently moved Bitcoin worth $1 billion from the Silk Road wallet. In total, the user moved over 69,370 BTC through two transactions. Before now, the last time assets were moved from the Silk Road wallet was in April 2015. On the 3rd of November, blockchain intelligence firm CipherTrace reported the Silk Road darknet market’s large transaction. In...
Read More »Bitcoin In US Senate: New Wyoming Senator Bought BTC in 2013
Republican candidate Cynthia Lummis, endorsed by President Donald Trump, has won the US Senate race in Wyoming. She will become the first woman to serve as US Senator in Wyoming’s history and one of the first Bitcoin proponents in Senate as she initially purchased BTC back in 2013. Bitcoin HODLer To Become Wyoming Senator Lummis served as Wyoming’s only US House member from 2009 to 2017. As former Senator Mike Enzi announced his retirement, Lummis received President Trump’s...
Read More »Tron (TRX) Price Analysis: Key Breakout Zone Near $0.025
Tron price started a fresh decline from the $0.0270 resistance zone against the US Dollar.TRX price is currently recovering above the $0.0240, but it is well below the 55 simple moving average (4-hours).There is a key bearish trend line forming with resistance at $0.0250 on the 4-hours chart (data feed via Bitfinex).The pair is likely to start a fresh increase if there is a clear break above the $0.0250 resistance zone.TRON price is currently recovering from $0.0230 against the US Dollar,...
Read More »Bitcoin Price Analysis: BTC Eyes Strong Gains Above $14K
Bitcoin price started a strong increase above the $13,550 and $13,600 resistance levels against the US Dollar.The price is now trading well above the $13,700 support and the 55 SMA (H4).There was a break above a major bearish trend line with resistance near $13,600 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could correct a few points, but dips are likely to find support near the $13,700 and $13,600 levels.Bitcoin price is showing positive signs above the...
Read More »Huge $972 Million Bitcoin Transaction As The 4th Richest Wallet Emptied
One of the most famous Bitcoin wallets among hackers and treasure hunters in the crypto-verse is now empty. Someone moved over 69.369 BTC from a legacy wallet to a new native SegWit format address (a more modern format aimed at optimizing transactions by lowering their transaction fees). Everything about the wallet is a mystery: Nobody knows who owns it, who moved the funds, or why. But the wallet was as mysterious as it was popular. It was the fourth richest Bitcoin wallet...
Read More »Bitcoin Breaks $14K As US Elections Results Incoming: New 2020 High Or Bearish Double-Top? (Price Analysis)
After breaking June 2019’s 15-month high just four days ago, Bitcoin is getting closer to the hot zone once again, seeking a new high since January 2018. As of writing these lines, the first U.S. elections results are incoming shortly, and so far, Bitcoin is repeating its behavior from four years ago – surging 3% over the past 24 hours. Currently, Bitcoin is trading around the $14K mark, after increasing over $400 in the past two hours alone. Same Set-up As Of Elections...
Read More »A New Crypto Scam Is Spreading Through Twitch
Another bitcoin scam has entered the mix. This time, the scam is heading towards investors with a little help from Twitch. The platform has several channels that consistently go unchecked and unmonitored by regulators, leaving many dark corners for malicious actors to hide.The Bitcoin Scam That’s Using Twitch to Get Its MoneyOne of the most popular Twitch channels – one dubbed Elonmusk859 – has been getting a lot of traffic as of late. It was discovered by a Reddit user who claimed that the...
Read More »Ethereum and DeFi Have Really Pushed Bitcoin Ahead
Bitcoin is doing rather well as of late, but among all the reasons why, one of them has really got advocates scratching their heads. It looks like the world’s number one cryptocurrency by market cap is getting a lot of support from its biggest competitor: Ethereum.Ethereum Has Really Moved BTC ForwardAs the second-largest cryptocurrency in the world, Ethereum was introduced in 2015, roughly six years after bitcoin was first brought to the trading table. The currency is widely recognized for...
Read More »Steigt der Bitcoin-Preis auf 115’212 US-Dollar?
Steigt der Bitcoin-Preis auf 115'212 US-Dollar? Dan Morhead ist der CEO von Pantera Capital Management und verwaltet damit Millionen an Vermögen und entscheidet über künftige Investitionen. Diese Woche prognostizierte Dan Morhead einen Bitcoin-Preis von 115’212 US-Dollar. Und zwar mit folgneder, interessanten Begründung: Square kauft 40% aller frisch produzierten Bitcoins der Miner Der Bitcoin-Preis steige nicht stetig, es gibt up und...
Read More »Bitcoin Jumps As Europe Edges Closer to Stimulus Deal
As we’ve all noticed by now, bitcoin is surging like it never has in the last three years. The currency is presently trading for about $13,850, just under $14,000 which it allegedly hit a few days ago for a brief period, and many are expecting the currency to strike this level again before the year is out.Bitcoin Is Jumping AgainInvestors and analysts throughout the crypto space are wondering what could potentially be driving bitcoin to such high marks. There are many things out there that...
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