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Tag Archives: BTCGBP

Bitcoin Reclaims $10,500, YFI Reached a Record Price of 4.2 BTC (Sunday’s Market Watch)

Bitcoin has taken another swing at the previous 2020 high of $10,500 and currently trades above it. Ethereum nears $400, while the top 10 tokens see a few rotations, including Polkadot and Binance Coin.DeFi tokens are booming again with Yearn.Finance marking a new all-time high of about $44,000.Bitcoin Progresses SteadilyThe primary cryptocurrency traded in a tight range between $10,280 and $10,360 yesterday. However, the bulls decided to act and increased Bitcoin’s price firstly to $10,480...

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Bitcoin Struggles At $10,400: Binance Coin (BNB) Spikes To 7-Month High (Sat’s Market Watch)

Bitcoin continues to trade in the five-digit territory and even spiked towards $10,400. Binance Coin (BNB) is among the best performing tokens today, while most other larger-cap alts are marking minor gains.Bitcoin Struggles At $10,400After the unsuccessful attempt to overcome $10,500, Bitcoin dived yesterday and bottomed at about $10,200. However, the bulls interfered at that point and didn’t allow any further declines.In the following hours, BTC fluctuated in a tight range between $10,250...

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Bitcoin’s Endless Fight For $10K As Correlation With Stocks Increases: The Crypto Weekly Market Update

In terms of sheer price action, this week was rather sloppy. Bitcoin was trading at around $10,400 seven days ago, and it’s now indecisive around $10,300.During the week, things did get slightly more tumultuous as BTC dipped below $10K on a few occasions, reaching as low as about $9,800 on Binance. Many thought that this is when it would close the outstanding CME gap at $9,600, but Bitcoin recovered and remains largely indecisive.It’s worth noting, though, that the primary cryptocurrency is...

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Bull Market? Bitcoin Must Hold This Level Otherwise More Pain Might Follow

The last few days have been nothing but sloppy in terms of Bitcoin’s price action. The cryptocurrency dipped below $10,000, recovered, and, most recently, failed to conquer $10,500.According to a popular Bitcoin analyst, there’s an important level that should hold if we are, indeed, in a bull market.This Level Should Hold Bitcoin’s PriceCommenting on the recent BTC price activity was the popular trader and market analyst going by the Twitter handle BTC_JackSparrow.If BTC is in a bullish...

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The IRS Will Pay $625,000 to Crack Monero and Bitcoin’s Lightning Network

The Internal Revenue Service (IRS) wants in on activities happening on Monero and Bitcoin’s Lightning Network. That’s why the Federal organization is inviting applications with demonstrated working prototypes that can break into the privacy coin network and trace transactions on BTC’s layer two chain. IRS will offer $625,000 for the same.IRS Will Fund Monero, And Bitcoin Lightning Network Cracking PrototypeIn an announcement dated September 4, the Internal Revenue Service, Criminal...

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Bitcoin Price Fails At $10,500 While Altcoins Retrace (Market Watch)

Most of the cryptocurrency market is retracing on a 24-hour scale despite increasing in value intraday. Bitcoin surged to nearly $10,500 but is back below $10,300, while Ethereum dips to $360.Bitcoin Stopped At $10,500The positive news for the primary cryptocurrency is that its price remains in the five-digit territory. In fact, Bitcoin even increased towards its previous 2020 high at $10,500 yesterday. However, the bears stopped it before having the chance to conquer it. Ultimately, BTC...

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Number of Users Who Own At Least 1 BTC at ATH Despite Latest Bitcoin Price Dump

Despite the recent price swings and Bitcoin losing nearly $2,000 of value in a week, the number of addresses containing at least 1 BTC has marked a new all-time high. Also referred to as “wholecoiners,” those network addresses have reached 823,000.BTC ‘Wholecoiners’ At ATHThe data analytics company Glassnode recently published information regarding the so-called wholecoiners. Meaning, network addresses containing at least one whole coin of the primary cryptocurrency.Bitcoin Price/Number of...

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Hackers Demand $7.7M In Bitcoin From Pakistan’s Largest Power Provider

Two significant NetWalker ransomware attacks have surfaced in the past week. After Argentina’s official immigration agency suffered a hack demanding $4 million in Bitcoin, a recent report revealed that Pakistan’s largest power producer was compromised. The perpetrators demand up to $7.7 million in BTC.$7.7M In BTC Demanded From Pakistan Power ProducerThe cybersecurity website Bleeping Computer reported earlier that the sole electricity provider for Karachi, Pakistan, namely K-Electric, has...

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Tracked: $5.4 Million Eterbase Hacked Funds Sent To Binance and Huobi

A few days after being hacked and drained for $5.4 million worth of digital assets, the European cryptocurrency exchange Eterbase claimed that it had tracked part of the stolen funds to Binance, Huobi, and HitBTC.The company asked for assistance from those exchanges and reassured its users that Eterbase will endure.$5.4M In Crypto Stolen From EterbaseLaunched in 2019, Eterbase is a relatively small Slovakia-based platform that describes itself as “the first regulation-compliant European...

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Bitcoin Continues to Chop Inside Tight Range, Can it Hold Above $10,000? (BTC Price Analysis)

Bitcoin’s price is still whipsawing between $10,420 and $9950, as of today, despite $11 billion which were flooding back into the global crypto market over the last 48 hours.It appears a vast majority of this new investment is pouring into Ethereum, which is enjoying a 7% daily price gain right now and is the best performing crypto-asset in the top 10 cryptos by market cap.According to recent Skew market data, there’s even been a notable uptick in ETH futures trading volume compared to BTC,...

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