Tag Archives: AA News

Bitcoin’s price will continue trading in a tight range between $6,000 and $10,000 until the rest of the year, believes popular BTC analyst Tone Vays. He also thinks that short-term breaches above $10k are insufficient since the asset heads back down almost immediately.BTC Between $6k And 10KThe price of the primary cryptocurrency has been on a roller-coaster since the start of the year. It entered the new century at about $7,200, but the bulls quickly took charge and spiked it to above...

In an exciting showcase of the capabilities of Bitcoin’s network, someone has included a message in a specific BTC transaction, welcoming his newborn son to the world.Hello, Noah!In a rather interesting Reddit thread, a user of Bitcoin’s network demonstrated one of the more compelling use cases of its blockchain.“I immortalized the birth of my first child in the best immutable and decentralized database I know of.”As seen in the picture above, the user has sent 0.00104 BTC, worth just shy of...

Recent data revealed that the number of positive Bitcoin mentions on the popular social media platform Twitter has dropped significantly since the halving in May.At the same time, the fear and greed index has downgraded from its neutral stance in May to a more fearful state in June.Twitter BTC Positivity DropsAccording to the data from the monitoring company Santiment, the number of positive Bitcoin mentions on Twitter reached its yearly high on May 12th – a day after the third halving. At...

This weekend was rather exciting for Bitcoin’s price as it finally made a decision and broke out of a rather tight trading range. Unfortunately, it was to the downside, and BTC touched $8,816 on Binance Futures yesterday.Most of the large-cap cryptocurrencies followed Bitcoin but are now recovering while BTC continues to fight for the important $9,000 level.Bitcoin Price Around $9,000: The Fight ContinuesAfter plunging to about $8,816 on Sunday, Bitcoin’s price rebounded and reached as high...

The popular Bitcoin margin trading exchange BitMEX is launching a new program tailored towards its corporate customers. Called BitMEX Corporate, it will provide them with enhanced legal, auditory, and client relationship benefits.BitMEX Flatters Its Corporate CustomersIn the announcement from earlier today, BitMEX describes the corporate accounts on its platform as “the part of our customer base where the account owner is not an individual, but a company or other legal entity.” As such, they...

Gold’s price reached an 8-year high this week, and a Goldman Sachs projection sees the precious metal to continue rising in the next twelve months to $2,000 per troy ounce.At the same time, famous gold-bug Peter Schiff believes its price could reach a new all-time high even before the end of the year, especially if President Trump loses the election.Goldman Sachs Bullish on GoldWhile the giant multinational investment bank recently seemed somewhat pessimistic regarding Bitcoin’s role in the...

Court documents reveal the self-proclaimed creator of Bitcoin, Craig Wright, may have subjected himself to a suicide attempt in May 2016.That’s according to the deposition of Bitcoin developer Gavin Andresen, who recounted the story during the ongoing trial between Craig Wright and the estate of Dave Kleiman.Context: Craig Wright’s Failed Attempt to Move Satoshi’s BitcoinCraig Wright promised to move coins from Bitcoin’s ninth block in 2016 – something only Satoshi could so.In a deposition...

Compound (COMP) could be nearing a local price top, soon after the Ethereum-based decentralized finance (DeFi) token recorded a 258% growth in ten days.And while “yield farming” has driven much of that growth, the Compound community has passed through a development proposal that would see incentives taken away from would-farmers.Local COMP Top Incoming?Blockchain analysts at Santiment predict Compound could be nearing a local top after the token took the top spot in their social media...

An unknown cybercriminal group from Eastern Europe has stolen nearly $200 million from cryptocurrency exchanges based primarily in the US, Japan, and Israel, a report revealed.Eastern European Hackers Group Steals $200MAccording to the report citing the research compiled by the cybersecurity firm ClearSky, the unknown group – referred to as “CryptoCore” – has frequently been hacking digital asset exchanges since mid-2018 to present day.The research outlined that the continuous rise of digital...

The cryptocurrency industry may soon welcome a new category of Decentralized Finance (DeFi) applications as privacy-focus coin Beam (BEAM) plans to execute its second hard fork, which would give DeFi apps a privacy layer.According to a press release shared with CryptoPotato, the system-wide upgrade dubbed Beam Eager Electron 5.0 is expected to occur today, at exactly block 777,777.Beam Settles With BeamHash IIIThe hard fork of the Mimblewimble-based privacy coin will be the last “planned...