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Bitcoin (BTC)

Bloody Weekend: Bitcoin Price Tumbles Below $9K – Recording $1000 Loss In 5-Days

The crypto investors suffer from hard days recently, as the primary cryptocurrency tumbled approximately $1000 over the past five days.After a long battle to maintain the $9K mark, Bitcoin finally lost, and immediately plunged to $8816 on Binance Futures exchange, which is the current daily low, as of writing these lines.Aside from a quick glitch on June 15, the last time the price of Bitcoin was trading below the $9000 mark was exactly a month ago, on May 27, 2020.Wall Street...

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Tone Vays: Don’t Expect BTC to Hit $10K Again This Year

Bitcoin has had a relatively shaky year in many ways, and according to analysts like Tone Vays, things are not going to go great during the rest of the year.Tone Vays: BTC Won’t Hit $10K Again This YearVays recently took to social media to explain that bitcoin is not going to hit the $10,000 mark again until 2021 comes along. In fact, the cryptocurrency could even face falling as low as $6,000 before any major moves come about. During a YouTube live stream, Vays commented:Like I’ve been...

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A Bitcoin Developer, a Goldbug and a TV Host Walk Into a Bar

The CEO of SchiffGold, Peter Schiff, responded to claims by RT news host Max Keiser that he would end up panic-buying Bitcoin when its price hits $50,000. Schiff suggested Bitcoin’s dollar value would drop as low as zero – although implied Keiser might consider selling at $2,000.Shortly afterward, Bitcoin developer and Blockstream CEO, Adam Back, jumped in to claim that Bitcoin will one-day “flippen” the market cap of gold. In the meantime, says Back, it makes sense for goldbugs to allocate...

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Pour la FED de New York la nouveauté radicale apportée par Bitcoin c’est son mécanisme d’échange

Dans un document publié le 18 juin dernier, la Federal Reserve Bank de New York, l’une des douze banques de la Réserve fédérale des États-Unis, soutient que Bitcoin est à classer dans les monnaies fiduciaires qui regroupe tous les objets « sans valeur intrinsèque qui ont une valeur fondée sur la croyance qu’ils seront acceptés en échange de biens et de services de valeur ». Selon la FED, la véritable...

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Jack Abramoff Pleads Guilty to Promoting Fraudulent Crypto

Crypto fraud has always been a big part of the industry. Many fans hate to admit that, and today marks a new case as Jack Abramoff – a Washington insider who ultimately served time in prison for his role in a lobbying scandal – has been charged with lobbying for a phony digital currency project.Abramoff Could Face Prison TimeAbramoff has agreed to plead guilty to both violating the Lobbying Disclosure Act and to conspiracy. He could spend as many as five years in jail once the conviction is...

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Bitcoin Price To $318,500 By October 2021 According To This Model

Popular cryptocurrency YouTuber recently posted a chart illustrating that if Bitcoin repeats its previous significant bull run from 2017, its price could exceed $300,000 by the end of 2021.Interestingly, this highly optimistic prediction corresponds with the well-known BTC stock-to-flow model.BTC To Over $300,000?Bitcoin price predictions are among the most commonly discussed threads in and out of the cryptocurrency community. Such forecasts range from overly adverse ones such as Jim Rogers,...

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Protect Your Bitcoins: Malicious Chrome Extensions Downloaded Over 32 Million Times

A recent report warned that most malicious Google Chrome extensions have come from a single Internet domain registrar – CommuniGal Communications (GalComm) and have been downloaded nearly 33 million times.Such malicious extensions have proven to be alarmingly dangerous to cryptocurrency investors as popular proponent recently lost all of his Bitcoin savings.Suspicious Google Extensions GrowThe research compiled by a US-based network security company Awake Security, informs that out of 26,079...

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Preuve de travail contre preuve d’enjeu

« La censure est réalisable sur les chaînes utilisant la preuve d’enjeu, tout comme elle l’est sur celles utilisant la preuve de travail. Cependant, si dans le cas de la preuve de travail, il est toujours possible de combattre la censure en réunissant une puissance de calcul supérieure au censeur, cette solution n’est en revanche pas toujours une option dans le cas de la preuve d’enjeu, qui est par nature interne. En effet, une fois que le...

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Bitcoin Price Analysis: Will The 2015 Historic Support Line Save BTC From a Crash To $7000 – $8000?

Only five days ago, the price of Bitcoin touched $9800, followed by another failure to break up the critical descending trend-line (marked yellow on the following daily chart).Since then, the primary cryptocurrency had been correlating with the plunging global markets, and as of writing these lines, Bitcoin is trading slightly above $9000.The Micro and Macro LevelIf we look at the micro-level, which is the following 4-hour chart, we can see that Bitcoin so-far holds the supporting blue line....

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Kraken Offers Financial Support to BTC Payment Processor BTC Pay Server

Kraken is one of the leading cryptocurrency exchanges in the United States, if not the world, and today, it has announced its support for a digital currency venture known as BTC Pay Server.Kraken Gives a Hand to BTC PayKraken is providing a $150,000 grant to the company, which is a bitcoin payment processor and tech solution. The money was paid in BTC and is designed to assist the company in its plans for expansion and aid in its coming operations. The company has also integrated BTC Pay...

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