Tag Archives: btcusd

A recent survey compiled by the cryptocurrency exchange BitMax indicates that the Japanese are quite fond of Ripple (XRP). Having to choose which their favorite digital asset is, most participants placed XRP close to Bitcoin and well above Ethereum.Japan Adores Ripple (XRP)The popular Japanese exchange posted the survey on Twitter to check among its followers which are their most preferred cryptocurrencies.BitMax Cryptocurrency Survey. Source: BitMaxSomewhat expectedly, the largest...

YouTube continues to ban cryptocurrency-related channels. The latest victim happens to be Roger Ver’s Bitcoin.com official channel. Ver posted a video on Reddit, explaining that there’s no apparent reason for YouTube’s actions.Bitcoin.com’s Official Channel Banned on YouTubeThe official channel of Roger Ver’s Bitcoin.com was banned on YouTube, according to a Reddit video that he posted hours ago.According to Ver, there’s no apparent reason for the actions of the world’s largest video content...

A recent report warns of a scam that clones a legitimate service offering private, encrypted, and self-destructive messages, to alter BTC addresses and ultimately steal funds from unsuspecting victims.Stealing BTC By Altering AddressesAccording to the report by KrebsonSecurity, a fraudulent website called Privnotes has been impersonating Privnote.com for about a year. Users are typically utilizing the legitimate service Privnote.com (without the “s”) because it offers encrypted messages that...

The average time required to confirm a Bitcoin transaction has plunged significantly in the past month. Simultaneously, the average transaction fees continue to drop after reaching yearly-high following the 2020 halving.BTC Average Transaction Time PlungesData provided by Blockchain.com shows that the average time needed for a BTC transaction to be included in a mined block and added to the public ledger has experienced a massive decrease since mid-May.BTC Transactions Average Confirmation...

Popular American economist Nouriel Roubini took it to Twitter to once again bash Bitcoin. This time, his criticism was set off by a phishing scam that saw a podcast owner lose his BTC savings.Nouriel Roubini Bashes Bitcoin… AgainAccording to the popular American economist and well-known nocoiner Nouriel Roubini, also commonly referred to as “Dr. Doom” by the crypto community, billions are lost every day to “scams and crypto robberies.”He asserted that there is “zero security” in the...

On June 10th, the host of the Protocol Podcast, Eric Savics, lost all of his Bitcoin savings in a tragic mistake.After asking the community for help in any possible way of retrieving his holdings, he also did a plea to whoever took his BTC to return at least some of it, leaving his wallet address in the thread.What followed was a humbling example of the community’s solidarity.Podcast Owner Loses His BTC To a Phishing ScamEric Savics shared his story on how he recently lost his 12 BTC – a...

One of Wall Street’s largest banks, JPMorgan Chase, has outlined in a recent analysis that Bitcoin’s 2020 performance demonstrates the asset’s growth and maturation. The paper also notes the compelling correlation the primary cryptocurrency is exhibiting with global equities.JPMorgan: Bitcoin MaturesThe JPMorgan Chase analysis cited by Bloomberg examined the performance of Bitcoin and other assets since the start of the year. More precisely, it reviewed their performance during the mid-March...

Quick recap: Last Thursday saw another failed attempt to break the $10,000 mark. Shortly after, followed by the fatal drops of the global markets, Bitcoin found its value recording a daily low near $9K, almost $1000 intraday price move.This is not what the Bitcoin bulls prayed for: Together with the drop, was the idea of the positive correlation between Bitcoin and the markets.That correlation faded away over the past months, but as we could see, when heavy investors are selling off (Wall...

The New York-based non-profit organization Human Rights Foundation (HRF) is up to an innovative way of helping human rights activists, journalists, and organizations through the power of Bitcoin. The institution launched a fund, aiming to help software developers in building a more secure network for the digital asset.Privacy-Focused Bitcoin ProjectsIn a recent press release, HRF announced that the project will promote human rights on a global scale. The funds which will be collected should...

According to a set of leaked documents, the Canadian cryptocurrency exchange Coinsquare was practicing wash trading. This is the practice of creating artificial or “fake” positions to prop up the value of the trading volume on the exchange.Coinsquare Wash Trading ImplicationsA recent report revealed that a set of leaked emails, files, and slack chats, implicate the Canadian cryptocurrency exchange Coinsquare in wash trading.Wash trading is a practice where an investor simultaneously sells and...