Tag Archives: Bitcoin

Cryptocurrency exchange Bitfinex is looking for a little help in recovering more than $1 billion in stolen bitcoin funds.Bitfinex: We Need Your Assistance!The company saw more than $1.3 billion in crypto mysteriously vanish from its platform in the year 2016. After four long years, the exchange is no closer to recovering the funds. Executives are hoping someone involved in the theft or someone with knowledge of the incident will come forward and lending a hand. Those that do will be privy to...

Roughly two weeks ago, the world was shocked to learn that several high-profile Twitter accounts had been hijacked for the purpose of gaining access to bitcoin. Now, it looks like the same scam is being pulled on YouTube, with a few noticeable differences.YouTube and Twitter Are Seeing SimilaritiesTwitter experienced a massive breach that saw the accounts of several individuals – including former president Barack Obama, his vice president Joe Biden, SpaceX and Tesla CEO Elon Musk and...

Bitcoin price rallied to a new multi-month high at $12,131 correcting lower.The price traded as low as $10,560 and it recently recovered above the $11,000 level.There is a connecting bullish trend line forming with support near $11,040 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair must stay above the main $11,000 support zone to start a fresh rally in the near term.Bitcoin price is holding a couple of important supports near $11,000 against the US Dollar. BTC...

Bitcoin is in a relatively strange position at the time of writing, but according to Plan B – a crypto analyst on Twitter – the currency is presently slated to take $100,000 within the next four years.Plan B Is Confident in Bitcoin’s FutureThe currency has hit something of a snag over the past 48 hours. Bitcoin was initially doing quite well last week, surging beyond both $10,000 and $11,000 respectively, and many believed that $12K would soon be within the leading cryptocurrency’s...

As reported last week, the lead hacker responsible for the Twitter-BTC fiasco that saw more than $121,000 in bitcoin stolen from unsuspecting users was arrested. The man is 17 years of age and goes by the name of Graham Ivan Clark.Clark Has an Alleged HistoryAs more information has come out about this young person, it appears he has a long history of performing bitcoin attacks on people. In fact, just last year he was caught stealing hundreds of thousands of dollars in bitcoin and assorted...

Well, bitcoin has once again led us all into a state of disappointment. Despite the coin’s recent bullish patterns and the fact that it was on a huge roll, the currency has once again taken a turn for the worse, having lost more than $600 at press time. The asset is now trading for $11,100.Bitcoin Encounters Disappointing DipTo be fair, it’s still considerably higher than where it stood for most of last month, though it’s disappointing to see such a massive and quick fall considering how well...

China has arrested more than 100 separate individuals who may have taken part in the Plus Token scam that resulted in more than $1 billion in stolen crypto funds.Plus Token Is One of the Biggest Ponzi SchemesInitially based in South Korea, Plus Token was designed to be a “high-yield” investment plan that allegedly offered massive funds for all who took part. As much as 18 percent yield was promised to investors from both South Korea and China granted that they were willing to store...

Bitcoin is arguably the dominant cryptocurrency throughout the digital asset space, but how much of its dominance is real?How Dominant Is Bitcoin, Exactly?When placed up against all other crypto assets, bitcoin’s dominance sits at roughly 60 percent. However, many analysts believe that placing it up against all other coins or tokens isn’t entirely fair, and that it should only be placed up against currencies that are trying their best to be legitimate money or that are working to replace...

Bitcoin has incurred another serious rise and is now trading for over $11,800.The FOMO Attitude Has Come Back to BitcoinMany analysts believe that an attitude of FOMO (or “fear of missing out”) has returned to the crypto space. With bitcoin on the rise of late, many new players are looking to get involved in the bitcoin market and play their hands, hoping to come up with a win. This is the same attitude that meandered throughout the crypto space in late 2017, when the asset was reaching its...

Is bitcoin on the verge of striking the $12,000 mark?Bitcoin Is on a Serious RollIt sure looks that way considering how high bitcoin has been moving over the past two weeks. Initially crossing the $10K mark and breaking that psychological barrier, the currency then rose past $11K, a step many people didn’t expect the digital coin to take. Now, at the time of writing, bitcoin is continuing its present ascension and is trading for $11,353, the highest it’s been in roughly one year.The previous...