Tag Archives: Bitcoin

The alleged hacker behind the recent Twitter fiasco has allegedly been identified. 17-year-old Florida teenager Graham Clark has been arrested and is now facing up to 30 separate felony charges for potentially “scamming people across America.”Graham Clark: The Man Behind the Mask?The recent Twitter bitcoin hack that took place on July 15 is among one of the most well-known and prominent bitcoin-based scams to occur in the history of the space. Several high-ranking accounts – such as those...

The amount of hodling that is occurring in the bitcoin space has increased tenfold. According to a new chart unveiled by Unchained Capital, the number of bitcoin holders that haven’t moved their digital funds over the past year has surged to an all-time high.Hodling Has Reached an All-Time HighThis makes perfect sense when one considers the economic conditions people everywhere are facing. The coronavirus pandemic has caused major shifts in global economies. Fiat currencies have lost much of...

Peer-to-peer (P2P) trading platform Paxful says that Russians are growing very weary of the coronavirus pandemic and that they are regularly turning to bitcoin as a means of keeping themselves safe and their wealth hedged against weakening economic conditions.Paxful Has Seen a Surge in Russian Trading ActivityThe pandemic has had some nasty effects on global markets around the world. The United States, for example, has released $1,200 stimulus checks to all citizens making less than $75,000...

Bitcoin has been experiencing some extremely bullish patterns as of late. The currency has managed to spike by roughly $2,000 in just a matter of weeks, jumping from the low $9,000 range beyond $11,100 at the time of writing.The Bitcoin Price Surge Could Easily ContinueThe currency recently rose by more than 12 percent in a single 24-hour period, marking the highest it’s been in more than six months. This represents a nice change for the world’s number one cryptocurrency by market cap, which...

It looks like Bakkt is experiencing a sudden surge in business.Bakkt Is Pulling a Few Unexpected PunchesRecently, it was reported that the institutional crypto trading platform owned and governed by the Intercontinental Exchange (ICO) was doing rather poorly as of late, having traded zero bitcoin options since mid-June. Now, more than 30 days later, that still hasn’t changed.However, the platform has witnessed a surge in bitcoin futures trading. Just last Monday alone, Coin Market Cap...

Despite all bitcoin has accomplished over the past 12 years, it looks like the world’s number one cryptocurrency by market still holds a very prominent place amongst dark market users, according to a new report by Chainalysis.Chainalysis: Nearly 1 Million BTC Owned By HackersThe blockchain and cybersecurity firm reports that roughly 900,000 bitcoin units are owned by hackers, scammers, and dark web buyers. This represents close to five percent of the globe’s total BTC supply and amounts to...

The founder and chief executive of Galaxy Digital Michael Novogratz said in an interview recently that he fully expects the price of bitcoin to reach $20,000 by the end of the year. This would place the world’s number one cryptocurrency by market cap at its all-time high again, which it previously attained three years ago in 2017.Mike Novogratz: BTC Will Be at $20K Again SoonThe bitcoin price has been surging as of late. At the time of writing, bitcoin is trading for over $11,200, and...

It’s finally happened, folks. After weeks – nay, months – of waiting for bitcoin to get its act together, the world’s leading cryptocurrency by market cap has finally shot beyond the $11,000 mark.Bitcoin Has Reached New Heights for the YearIt hasn’t been easy for the currency to reach such a summit. It has tried time and time again throughout 2020, but for the most part, has seemingly come up short each time. While bitcoin has managed to jump above the $10,000 range a few times throughout the...

Gold and bitcoin appear to be surging at the same time.Gold and Bitcoin Are Heading for the TopThis has set up all kinds of questions that we haven’t really dealt with before, a big one being, “Are gold and bitcoin suddenly correlated?” As of late, the big question has been whether stocks and bitcoin are correlated, but present circumstances suggest that BTC and gold are more similar than originally thought. For all those who have called bitcoin the “digital version” of gold, the present...

There are several conflicting reports in the crypto world as of late. Despite the idea that bitcoin is surging like mad and is on the verge of once again striking the $11,000 range, it looks like things are very up and down otherwise for both miners and institutions.The Bitcoin Market Is Straddled with Ups and DownsRecently, Live Bitcoin News reported that Bit Farms, a cryptocurrency mining firm, is straddled with heavy debt and is struggling to repay the $20 million+ it owes by the time 2021...