Category: Bitcoin

Bitcoin was invented in 2008 by  Satoshi Nakamoto, an unknown person or persons, and is the world’s first digital money (cryptocurrency).

Bitcoin transactions are on a secure, decentralized blockchain-based network. Its a new kind of money that’s instant, private, and free from traditional bank stranglehold

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iPhone user blames Apple for $600K Bitcoin theft via fake app

A scam cryptocurrency app on Apple’s app distribution service App Store has reportedly stolen $600,000 Bitcoin (BTC) from one iOS user. Cryptocurrency holder Phillipe Christodoulou fell victim to a scam app on the App Store, losing nearly all his life savings to a fake crypto wallet application, The Washington Post reports Tuesday. Christodoulou went on

Bitcoin flash crashes by $2K in 5 minutes, liquidating $600M in longs

Bitcoin (BTC) fell over $2,000 in five minutes on March 31 as a wave of volatility disrupted an otherwise calm market. BTC/USD 1-minute candle chart (Bitstamp). Source: Tradingview BTC sees sudden volatility Cointelegraph Markets Pro and Tradingview showed a nightmare for long traders unfold on Wednesday, with BTC/USD suddenly dropping from $59,350 to $57,000. At the

Nic Carter takes aim at claims Bitcoin is an environmental disaster

Coin Metrics co-founder Nic Carter has produced a well-researched rebuttal to some of the key claims suggesting power-hungry Bitcoin mining is causing an environmental disaster. In an in-depth article called Noahbjectivity on Bitcoin mining penned on March 30, the Castle Island Ventures Partner responds to claims by Bloomberg columnist Noah Smith in a March 24

One BTC will be worth a Lambo by 2022, and a Bugatti by 2023: Kraken CEO

Appearing on Bloomberg, Kraken CEO Jesse Powell explained why he believes dollar-based long-term price predictions for Bitcoin are flawed, emphasizing the inflationary nature of fiat currencies. Responding to a question asking Powell for end of year price predictions, Kraken’s CEO said: “I think I said Bitcoin is going to infinity and that’s kind of hard

Marathon only mining ‘fully compliant’ Bitcoin transactions

Major U.S.-based mining firm Marathon Digital Holdings has announced the launch of what it describes as the first North American Bitcoin mining pool that is “fully compliant with U.S. regulations.” According to a March 30 announcement, the pool adheres to U.S. anti-money laundering guidelines and rules set out by the Office of Foreign Asset Control,

Top Analyst Unveils Remarkably Bullish Target for Cardano

The analyst who grew his following after nailing Bitcoin’s collapse in March 2020 says he’s eyeing an incredibly bullish long-term target for Cardano (ADA). In a new tweet, the pseudonymous trader known in the industry as Capo says that he believes Cardano could ignite a massive 25x parabolic move from its price of $1.18 en

Head of Crypto Exchange Says Bitcoin Price May Balloon to $83,000 As Metrics Turn Bullish – Here’s When

Exchange balances are dropping and that’s a bullish indicator that may propel Bitcoin to a new all-time high, according to Danny Scott. Scott, chief executive of Isle of Man-based crypto exchange CoinCorner, notes on Twitter that people are buying BTC and stockpiling it in cold storage. Explains the CEO, “The only time exchange Bitcoin balances