Last week in the DEFCONConference, CTO of blockchain software development firm, Pyrofex, Michael Stay, recounted how he helped recover private keys for Bitcoins worth more than $300,000. The keys were locked away in a zip file, and Stay was entrusted with the job to break in and retrieve them.$100,000 For Recovering $300,000 Worth of BitcoinAfter going through his paper on decrypting encoded zip files, ‘The Guy’, a Russian national, approached Michael on LinkedIn in October last year.He had...
Read More »From a Renowned DJ to One of the Most Influential Crypto Traders: Meet The Wolf of All Streets Scott Melker
Known in the cryptocurrency field as The Wolf of All Streets, Scott Melker is arguably one of the most influential personalities in the community in recent years.With more than 110,000 followers on Twitter, Melker gives out helpful market analysis to both novice and experienced crypto traders and is known for his friendly and easy-going attitude.CryptoPotato had the chance to do an exclusive interview with The Wolf of All Streets, where he shared some exciting details about his journey to...
Read More »Buy The Dip In Bitcoin: Is It The Best Trading Strategy For Bull Runs?
‘Buy the dip’ is a popular strategy among traders and investors and especially within the cryptocurrency field, especially for Bitcoin trading.As Bitcoin approaches what seems like a begging of another bull-run, and based on the past real bull-run of 2017, buying dips might be a very wise and profitable strategy for trading the current market conditions.What Is Buy The Dip In Bitcoin?The financial markets, especially the cryptocurrency ones, tend to fluctuate in price actions. Even if there’s...
Read More »Chainlink (LINK) Skyrockets 60% In 5 Days To New ATH: Bitcoin Remains Stable At $11,700 (Market Watch)
As of the middle of the weekend, Bitcoin continues to fluctuate in a range from $11,400 to $11,800, while most altcoins are trading in green.Yet, Chainlink has attracted another wave of serious interest after an eventful 24 hours and a fresh all-time high painted.Bitcoin and Altcoins In The GreenAfter a sudden dip to $11,200 on Friday, the primary cryptocurrency has managed to regain its composure. The bulls didn’t allow any further declines and pumped the price upwards.Since then, Bitcoin...
Read More »This Was The Week Of The Top 10: The Crypto Weekly Market Update
Bitcoin’s had a tumultuous week of trading, there’s no doubt about it. While the overall trend remains intact, according to most analysts, the cryptocurrency definitely kept us on our toes. Last Sunday was likely the most volatile day of the week when Bitcoin surged past $12,000 only to drop to around $11,300 in a violent wick. This also led a lot of alternative coins to follow the same pattern, leaving many traders in dismay. It didn’t take that long for BTC to recover as it...
Read More »Bitcoin Plunged $700 Away From $12K, But There Is Good News (BTC Price Analysis)
The past week was incredible for Bitcoin. During the previous weekend, the primary cryptocurrency saw its price touching above $12K and dumping to $10,500. A loss of $1600 in a matter of minutes.However, throughout the past week, the price slowly recovered towards the $12K mark once again. On Thursday, when it seemed that a new 2020 record is coming up, we warned here following a second failure to break the $12,000 resistance mark.Yesterday Bitcoin plunged to as low as $11,200 (prior...
Read More »German Financial Regulator Cracks Down on Illegal Bitcoin ATMs
Germany’s financial regulator has come down hard on Bitcoin ATMs that are operating in the country without a license.BaFin Clampdown on Unlicensed Bitcoin ATMsAccording to a report by Handelsblatt, the German Federal Financial Supervisory Authority (BaFin) targeted operators of Bitcoin ATMs that were working in the country illegally. Only BTC machines with a BaFin license according to the German Banking Act can function in Germany.The report further reveals that the operator of BTC ATMs under...
Read More »Grayscale Bringing Bitcoin To The Masses with National Ad Campaigns
Grayscale Investments, Barry Silbert’s bitcoin, and crypto asset management firm will launch a nationwide advertising campaign in the United States next week. Silbert, also the founder of Digital Currency Group, announced it on Twitter a few hours back.Grayscale ‘To Bring Crypto To The Masses’ In Another Ad CampaignIn a tweet posted earlier today, Grayscale CEO Barry Silbert ‘dropped’ the news about his firm’s ad campaign going live next week. It will kick off with a television commercial on...
Read More »Crypto Price Analysis & Overview August 7th: Bitcoin, Ethereum, Ripple, Tezos, and Elrond
BitcoinBitcoin saw a 5% price rise this week as it reached the $11,750 level. The cryptocurrency started the week at the $11,400 level as it pushed higher into $12,095 on August 2nd. From there, Bitcoin experienced some major volatility as it dropped by $1,400 in just a few minutes to fall into the $10,575 (.5 Fib Retracement) level.Bitcoin rebounded from there and started to grind higher again over the week as it reached the $11,750 level today.Looking ahead, if the buyers push higher, the...
Read More »Increasing Decentralization in Bitcoin Ownership Signals Greater Adoption
It’s another exciting day in Bitcoin land. And no, it doesn’t have to anything with BTC’s rallying price. Of course, the price has brought smiles on the faces of Bitcoiners across the world, but there’s something else too.The latest data shows that whales no longer control Bitcoin’s supply. The number of retail investors owning little BTC has steadily increased in the last 5 years. Does it point to a rise in Bitcoin adoption?≤ 10 BTC Holders Increased While Those Holding 100 – 100K BTC...
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