Bitcoin - Tag Archives - Cryptonews (Page 519)

Bitcoin Mining Difficulty Hits a New Record, Estimated to Rise Further

The difficulty of mining bitcoin (BTC) has just reached another all-time high, after rising more than expected during today’s difficulty adjustment. Meanwhile, the network’s hashrate is still below its all-time high from back in July.As reported five days ago, bitcoin’s mining...

, by Fredrik Vold

Bitcoin and Altcoins Signaling Start of Fresh And Steady Increase

Bitcoin price is correcting higher and likely to test the USD 12,000 resistance zone. Ethereum broke the USD 400 resistance, XRP is gaining pace towards USD 0.295. ANT, SXP and JST are up more than 15% today.After forming a support base near USD 11,550, bitcoin price started an upside correction....

, by Aayush Jindal

Why the Bitcoin vs. Ethereum ‘Rivalry’ Benefits Both Tokens

The bitcoin (BTC)-ethereum (ETH) rivalry is hotting up. For years bitcoin has enjoyed a dominant share of the crypto sector, yet with decentralized finance (DeFi) now gaining astronomical popularity and ETH rising by 231% over the course of the past 12 months, it seems as though BTC’s once...

, by Simon Chandler

18% of Asked Americans Bought Crypto, Most Know Only Bitcoin – Survey

Nearly 20% of asked Americans bought crypto, but most of the surveyed people are familiar with bitcoin (BTC) only - and know nothing of altcoins, a recent survey concluded. Commissioned by Coinflip, a major US-based Bitcoin ATM operator, the survey included 1,005 respondents, whose responses...

, by Godfrey Benjamin

As Investors Worry About Pricey Gold, Correlation with Bitcoin Falls

With gold bulls seemingly on every corner, a recent survey from Bank of America has found that professional money managers now increasingly worry that the metal is becoming overvalued, even after a correction in prices from its all-time highs. Meanwhile, the realized correlation between bitcoin...

, by Fredrik Vold

Bitcoin and Altcoins Likely Bracing For Next Bullish Wave

Bitcoin price seems to be forming a support base above USD 11,650 for a fresh increase. Ethereum is slowly rising towards USD 420, XRP is struggling to clear USD 0.295. OMG extended its rally by 80% and ZRX gained over 60% today.Bitcoin price remained strong above the USD 11,650 and USD 11,550...

, by Aayush Jindal

YAM Will Never ‘Become Money’, YFI Exceeds Bitcoin Price

Despite branding itself as money, the much-discussed and recently troubled decentralized finance (DeFi) token YAM will never achieve this, and real utility for the token must be found to keep the bubble from popping, popular crypto researcher Hasu said. Meanwhile, DeFi token YFI became the first...

, by Fredrik Vold

Privacy Wallet Wars: Wasabi Vulnerabilities Denied by Developer

OXT Research, the team behind Bitcoin (BTC) wallet Samourai Wallet, has announced that its researchers have identified two potential privacy vulnerabilities in the open-source Wasabi Wallet that could impact the security of CoinJoin transactions carried out through the wallet. This said, zkSNACKs,...

, by Jaroslaw Adamowski

Bitcoin and Altcoins Consolidate Losses Above Key Supports

Bitcoin price settled below USD 12,000 and consolidating above the USD 11,550 support. Ethereum is holding USD 400 and USD 398, XRP tested the key USD 0.280 support. OMG started a fresh rally and climbed over 30% to clear the USD 3.50 resistance.Bitcoin price started a corrective decrease below...

, by Aayush Jindal

South African Bitcoin-Based Trading Firm Investigated for Fraud

After promising on its website to “take the hassle out of forex trading by doing it all for you,” a South Africa-based company is now under investigation by the country’s financial regulator, saying that the return figures which the company flashes seem “far-fetched and...

, by Fredrik Vold

PlanB, Glassnode Bullish on Bitcoin as Price Enters ‘Belief’ Zone

While the pseudonymous analyst behind the bitcoin (BTC) stock-to-flow (S2F) model and an on-chain analysis firm are both expressing their bullishness on bitcoin, market sentiment is steadily improving for the number one cryptocurrency.PlanB, the analyst behind the popular and sometimes...

, by Fredrik Vold

Bitcoin and Altcoins Trim Gains As Market Takes Much Needed Break

Bitcoin price started a downside correction below USD 12,200 and USD 12,000. Ethereum is down over 5%, XRP dived below the USD 0.300 support region. YFI outperformed and gained 15% to surpass the USD 11,000 resistance today.Bitcoin price failed to extend gains above USD 12,500 and started a...

, by Aayush Jindal

Bitcoin Mining Difficulty Set for a New All-Time High

Bitcoin (BTC) mining may rise to become the most difficult it's ever been in five days from now. Meanwhile, miners continue spending. If the BTC.com estimates come true, bitcoin mining difficulty, or the measure of how hard it is to compete for mining rewards, will rise nearly 3% during its next...

, by Sead Fadilpašić

Stiffened Regulations, Naira Devaluation Pushing Nigerians to Crypto

Nigerians are embracing cryptocurrencies owing to stiffening regulations Cryptocurrency usage is all-encompassing The surge could drop as the economic effects of the pandemic ease More education is needed to capture all age demographics.Around the world, the acceptance and utilization of...

, by Godfrey Benjamin

Trader Who Earned USD 11m Shares Trading Techniques, Offers Advice

A bitcoin (BTC) trader has shared the story about how he earned over USD 11 million, and offered some technical advice for beginner traders. The trader told his story in an interview with bitFlyer Japan, a trading platform, which described him as one of "the most famous" of the "prominent traders...

, by Sead Fadilpašić

4 Reasons Why Bitcoin’s Price Hike Beats Every Other Asset Class – Report

With the price of bitcoin (BTC) rising by more than 71% (Tuesday 14:00 UTC) since the beginning of this year, a recent analysis points to four factors which have allowed the cryptocurrency to generate a return that beats out every other asset class' performance.The primary drivers that have pushed...

, by Jaroslaw Adamowski

# Bitcoin (Page 519)

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