After almost touching $19,000 for the second time, Bitcoin has calmed and retraced below $18,500 (as of writing these lines). At the same time, most alternative coins have doubled-down on their recent gains. Ripple’s 60% weekly spike has helped the asset overcome Tether as the third-largest cryptocurrency by market cap.Bitcoin Slows Down After Doule-Top At $19KBTC’s latest impressive price developments led to a notable leg up yesterday and yet another fresh yearly high. This time, the asset...
Read More »Hacker Steals $20 Million From DeFi Protocol Pickle Finance
Another day, another DeFi hack. Pickle Finance just announced that funds deposited in one of its smart contracts were stolen by a hacker hours ago.The team is still investigating how exactly the hacker stole approximately $20 million in funds. Their wallet is still “dormant” and has not started the “money laundering” phase that tends to follow every hack.And if a hack was not enough, Pickle Finance’s token (PICKLE) crashed after the news spread, losing almost 58% in a matter of hours.Pickle...
Read More »Akropolis Proposes Unique Deal to Hacker Following Crypto Theft
Not too long ago, Live Bitcoin News reported that Akropolis – a crypto lending service – was the victim of a crypto hack that saw more than $2 million in Dai cryptocurrency tokens stolen practically overnight.Akropolis: If You Work With Us, We’ll Work With YouAkropolis has not gone to the police or law authorities yet to discuss the present case. Instead, it’s taking a different approach, proposing a partnership with the hacker and a small financial reward for his (or her) willingness to...
Read More »This Bitcoin Bull Run Is Quite Different, Experts Claim
Bitcoin, the world’s number one cryptocurrency by market cap, has got everyone feeling joy and excitement about investing again. The asset is looking to make headlines as much as it can before the end of the year, and the currency is presently trading past the $18,000 mark for the first time in roughly three years.Bitcoin Is Experiencing a New Kind of Bull RunThe currency has shot up by more than six times what it was in March. There was a time during that month that the currency was trading...
Read More »Bitcoin Shoots Past $18,000; Analysts Discuss Why
Bitcoin has shot past the $18,000 mark, the highest it’s been since 2017. The currency remains on one of the biggest runs of the past three years. Many analysts are now convinced that the asset will reach its all-time high yet again before the year is out.Bitcoin Continues to Rock the BoatSo, why is bitcoin doing so well as of late? Several industry experts are weighing in. For one thing, bitcoin is a rare asset. It was decided in 2009 when it was first brought to the financial table that the...
Read More »XRP Up Almost 60% Weekly But Still 90% Below ATH (Ripple Price Analysis)
XRP/USD – Bullish Explosion Leads To 17 Month HighsKey Support Levels: $0.4, $0.388, $0.378.Key Resistance Levels: $0.42, $0.44, $0.457.Today, XRP surprised everyone as it exploded by a powerful 32.5%. The cryptocurrency started the day at $0.33 as it started to push higher to reach as high as $0.44. It has since dropped slightly to trade at $0.413.The cryptocurrency had been showing signs all month that it was ready to start a bull run, but nobody could have guessed this type of price...
Read More »USA beenden FED-Notfall-Leihen, Bitcoin steigt unbeeindruckt weiter
Als Antwort auf mehr Inflation konnte man den bisherigen Anstieg des BTC deuten. Im Zuge der Coronavirus-Pandemie kam es weltweit zu umfangreichen Notfall-Finanzpaketen, die von den Politikern durch Inflation finanziert worden sind. Durch den BTC konnten Investoren sich vor dieser Inflation schützen. Doch nun kündigten die USA das Ende der Notfall-Leihen an. Bitcoin News: USA beenden FED-Notfall-Leihen, Bitcoin steigt unbeeindruckt weiterStephen Mnuchin kündigte zum Ende der Woche an, dass...
Read More »Bitcoin FOMO? Newly Created Addresses On The BTC Network Reach January 2018 Highs
Bitcoin’s booming price seems to be attracting new investors. Data from the analytics company Glassnode indicated that the BTC network has just registered the highest number of newly created address in nearly three years.Bitcoin FOMO Kicking In?The primary cryptocurrency has been on a massive roll in the past few months. The days of dabbling around the $10,000 price tag in early September are long gone. In fact, BTC has nearly doubled its price since then.During the past month alone, Bitcoin...
Read More »Crypto Investment Manager DAiM Launches Company-Sponsored Bitcoin 401(k) Retirement Plans
After running a 12-month test, U.S.-based digital asset investment management DAiM has announced the launch of the first employer-sponsored 401(k) plans that use bitcoin as a base currency. According to the announcement today, DAiM notes that the new service is compliant with the Retirement Income Security Acts of 1974 (ERISA) and will be fully available from 2021. Allocating Up To 10% To BitcoinThe crypto manager said it would work closely with companies and serve as an advisor and custodian...
Read More »Bitcoin Touched $19K: Ripple Explodes 25% To New 2020 High (Market Watch)
Bitcoin initiated another impressive leg that resulted in charting a fresh new 35-month high at nearly $19,000. Only a few percentages from December 2017 all-time high. The altcoins have also painted notable price pumps, including a 25% surge for Ripple.Bitcoin Is Less Than $1K From Its ATHJust about five days ago, Bitcoin was struggling with decisively overcoming the $16,000 price tag. However, the primary cryptocurrency went on a roll since then, which drove it to $18,500 a few days ago....
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