Tag Archives: btcusd

Russian chess grandmaster Garry Kasparov is a supporter of blockchain, cryptocurrencies, and Bitcoin in particular. In a recent interview, he outlined some of the digital assets’ merits, including increasing personal protection and allowing people to reclaim control over their finances.Kasparov Believes Bitcoin Is Here To HelpArguably the greatest chess player of all time, Kasparov spent 225 out of 228 of his active months as the world number one. Upon his retirement in 2005, the former...

The total market capitalization has lost about 4 billion of its value in the past few hours, and the question is if this is simply a correction or a trend reversal.At the same time, the precious metal market continues to soar with record gains, particularly silver.Crypto Market Retraces By $4BVolatility returned to some extent for Bitcoin this week. Following weeks of stagnation, BTC firstly broke the resistance at $9,300 and then continue towards conquering $9,500.Bitcoin’s intraday high...

Satoshi Nakamoto  — the pseudonymous Bitcoin (BTC) creator — may have mined over 1.1 million bitcoins if the details from a recent report are to be believed. Early Bitcoin miners like Satoshi were able to use CPUs to secure the network during the project’s infancy.The $10.9B Satoshi StashAccording to a report by Whale Alert published on Monday, an in-depth examination of the “Patoshi pattern” puts the Bitcoin creator’s horde at 1,125,150 BTC instead of the more conservative 600k-700k BTC...

Bitcoin peer-to-peer (P2P) trading volume in several countries, including India, Mexico, and Argentina, has hit all-time highs this week, according to data from LocalBitcoins and Paxful.Regular People in Developing Countries Are Actively Trading CryptocurrencyDuring the last two months or so, Bitcoin has been more stable than ever, fluctuating between $9,000 and $10,000. Binance CEO Changpeng Zhao jokingly compared the oldest cryptocurrency to a stablecoin. However, people across developing...

The increased number of fake Bitcoin giveaways on YouTube involving various celebrities has pushed Apple Inc co-founder Steve Wozniak to file a lawsuit against the platform and the parent company – Google.Wozniak Sues YouTube Because Of Fake BTC GiveawaysFake Bitcoin giveaways are a growing threat in the cryptocurrency industry. Scammers begin live streams on YouTube impersonating famous individuals or companies and offer to double all BTC funds victims send to their addresses. Needless to...

On Wednesday, July 15, Twitter accounts belonging to prominent individuals, including Elon Musk, Barack Obama, Bill Gates, Jeff Bezos, and a number of crypto industry executives, were commandeered by hackers who allegedly gained access to internal content moderation tools.A scam was posted requesting Bitcoin to get double the returns. The news went global, and the uninformed crypto detractors blamed Bitcoin once again, though markets did not react, and the price of the asset was...

National banks and federal saving associations can now offer crypto custody services to customers following approval from regulators in the country.OCC Okays Crypto Custody Operations for US Federal BanksAccording to a letter issued by the Office of the Comptroller of the Currency (OCC) on Wednesday, U.S. Federal banks can now offer crypto custody services. The decision follows last month’s request by the OCC for public input on the matter.As part of the letter, the OCC explained the...

The latest data from on-chain analytics firm, Glassnode shows that the dollar value of transactions on the Bitcoin blockchain has been steadily increasing. Also, crypto research firm Messari has dispelled misconceptions regarding the failure of public blockchains like Bitcoin and Ethereum as payment channels.Median BTC Transfer Volume up 100 Percent Since 2020 BeginningAs per a tweet on Glassnode’s official handle, the median Bitcoin transfer is standing at around $195. This marks a 100...

The well-known economist and gold proponent, Peter Schiff, commented on the recent increase in the price of silver, saying that the metal has essentially become “the new Bitcoin.”The latter, on the other hand, has been particularly stable. Yesterday, the price gained just shy of two percent, which was the most action Bitcoin saw in quite a bit of time.Silver is the New Bitcoin, Says Peter SchiffPeter Schiff, a renowned economist, and author, has never kept it a secret that he’s no fan of...

Owing to its decade long correlation with the S&P 500 stock market index, Bitcoin stock-to-flow (S2F) model propounder Plan B thinks that BTC should have surpassed it’s previous ATH and hit the $25,000 price mark.‘S&P Implied BTC Price: $25K .. Interesting Times Ahead!’Plan B takes an interesting place amongst numerous other ‘Bitcoin analysts’ on crypto Twitter. A firm believer in the stock-to-flow model that he created for BTC, he posts daily price and market updates on his profile...