Tag Archives: BTCGBP

After starting the month of September around the $12k mark, Bitcoin experienced a sharp correction today that crashed it to lows of nearly $1,160 in a matter of hours, erasing the gains of almost five days.Admittedly, a nervousness during the correction was to be expected as several traders adapted their strategies to this sharp move. Still, things got worse when two of the most popular crypto exchanges started to lag.Binance and Coinbase lagging during the crashAt 4 am PDT, Coinbase...

Twitter continues to experience technical issues trying to protect high-profile accounts as the social media giant has confirmed another hack. This time, it involved India’s Prime Minister Narendra Modi. Upon taking over the account, the perpetrators had requested donations in Bitcoin and other cryptocurrencies.Twitter Hacks – The Indian EditionLess than two months ago, the social media giant experienced a significant security breach. The hackers, which turned out to be led by a teenager,...

Over $20 billion of total market cap have disappeared in the past 24 hours as most cryptocurrencies are retracing heavily.Bitcoin lost $700 following a rejection at $12,000, Ethereum drops by 8%, as of now, following a 15% daily plunge at the peak (as of writing these lines).Polkadot becomes the top 5 cryptocurrency, enjoying Chainlink’s 10% loss.Bitcoin Dives By 5%Less than 36 hours ago, Bitcoin attempted another overtaking maneuver to surpass the coveted $12,000 mark. However, the bears...

The popular Bitcoin exchange Bithumb in South Korea has reportedly been raided by the authorities. This happened because of fraud allegations.Bithumb Accused of Fraud by South Korean PoliceAccording to a report by a local news outlet, the Intelligent Crime Investigation Unit of the Seoul Police authorities raided South Korea’s largest cryptocurrency exchange Bithumb. The authorities raided the company’s headquarters on Wednesday (September 2, 2020), under allegations of fraud.Bithumb earlier...

Launched back in 2007 in Montreal, Canada, Pornhub is undoubtedly one of the largest, if not the largest adult websites out there.Pornhub Premium is the company’s source for HD adult videos, where users have to pay a fee to watch, and now they can do so using Bitcoin and Litecoin.Pornhub Premium Accepts Bitcoin and Litecoin PaymentsPornhub Premium, the HD arm of the popular adult website Pornhub, has announced that it now accepts Bitcoin and Litecoin as payment methods.To further expand our...

One of the moderators running the giant darknet marketplace AlphaBay has been sentenced to 11 years in prison. Bryan Connor Herrell received payments in Bitcoin for his moderator position, which he used to settle disputes between buyers and sellers.AlphaBay’s Moderator Sentenced To 11 Years In PrisonThe statement from the US Department of Justice said that Herrell operated under two nicknames on AlphaBay – “Penissmith” and “Botah.” One of his primary responsibilities as the marketplace’s...

Bitcoin bulls were met with another wave of intense selling pressure at the psychological $12,000 yesterday, which sent prices reeling $900 all the way back to the $11,160 level.This is the third time in under a month that BTC has experienced a strong rejection at this critical level of around $11,100.In the previous analysis from yesterday, we anticipated that Bitcoin breaking into the overbought region on the 4-Hour RSI would create some intense selling pressure against the uptrend. This...

Kazakhstan’s new Digital Development Minister, Bagdat Mussin, has reportedly asserted that the country is already in talks to attract a significant investment worth over $700 million to expand the cryptocurrency mining sector in the Central Asian nation.Kazakhstan Aims For $700M Investment For Crypto MiningThe plans for attracting 300 billion tenges ($715 million) of investments in the cryptocurrency mining field were initially revealed in a Senate hearing in mid-June.The former Minister of...

Investment has been pouring back into the global crypto market and Bitcoin consistently now since August 27, from a low of $348 billion to its current peak at $387 billion – according to data from Coinmarketcap.This influx of capital has helped the leading crypto’s price climb over $800 from it’s monthly low at $11,115, just four days ago, and is now driving BTC back up towards that all-important $12,000 level.Today, BTC has successfully broken out of the tight Fibonacci range it was trapped...

Bitcoin continues to improve its position slowly and is currently hovering above $11,900. However, double- and even triple-digit price pumps from lower-cap alts continue to decrease BTC’s dominance to a yearly low of beneath 57%.2-Year High For ETH, Sushi Enters Top 100Ethereum doubles-down on its recent price pump with another 10% increase. ETH now trades at $465, which is a 23% surge since bottoming at $380 last week. This is the highest level Ether has marked since the summer of 2018 and...