Tag: Bitcoin News

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Bitcoin Drops Today While Market Optimistic About the ‘Main Bull Phase’

The most popular cryptocurrency bitcoin (BTC) corrected lower today despite positive news and generally optimistic sentiment in the market. At pixel time (17:25 UTC), BTC trades at USD 11,412, after reaching USD 11,930 earlier today. The price is down by 4% in a day, trimming its weekly gains to less than 2%. BTC is also…
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Russian Agents Claim They Can ‘Partially’ De-Mask Bitcoin, Ethereum Users – Report

A branch of the Russian intelligence service reportedly claims it has developed a way to track crypto transactions – and claims it can “partially” de-anonymize transactions made using bitcoin (BTC), ethereum (ETH), omni (OMNI), and dash (DASH), as well as the most popular privacy coin monero (XMR). Per RBC, the claims were made by the…
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These Two Institutional Investors Allocated At Least 1% To Bitcoin

Among the 20 recently announced institutional investors that invested in the Grayscale Bitcoin Trust (GBTC)’s shares, only two allocated more than 1% of their assets under management (AUM) to these shares in order to gain exposure to the price movement of bitcoin (BTC), according to calculations by Cryptonews.com. Forbes revealed 20 institutional investors after obtaining…
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Bitcoin Mining Difficulty Climbs Again, Miners Selling More BTC

Bitcoin (BTC) mining difficulty is getting closer to the 17 T zone, as it went up again – meaning, Bitcoin miners’ job just got slightly more difficult, while they’re spending more of their coins. Bitcoin mining difficulty, or the measure of how hard it is to compete for mining rewards, went up by 0.59%, but…
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New Grayscale Ad: The History of Money in 30s & ‘Digital Currencies’

A snapshot of the new commercial. Today, US-based major crypto asset management firm Grayscale launched its new national ad campaign in the US that aims to bring new crypto users by telling them the history of money in 30 seconds. "The commercial is not your average financial services ad — it is a wakeup call…
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Researchers Find Bugs that Could Expose Crypto Wallets on Exchanges

Security experts said they have unveiled a number of vulnerabilities in the open-source libraries used by numerous crypto exchanges and financial institutions – which could be exploited by hackers looking for a way into users’ wallets. At a recent Black Hat cybersecurity conference, experts said that some of the issues that affected exchanges have now…
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Bitcoin Breaks USD 12,000, Altcoins Could Start a Fresh Surge

In the past few sessions, bitcoin mostly traded in a range above the USD 11,500 support. Finally, BTC gained bullish momentum above the USD 11,650 and USD 11,800 resistance levels. More importantly, it broke the USD 12,000 barrier and it is currently (08:30 UTC) consolidating gains. Conversely, most major altcoins are stuck in a range…
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Bitcoin Rallies to New Yearly High, Outperforms Ethereum; Chainlink Flips Litecoin

The most popular cryptocurrency, bitcoin (BTC), rallied to a new yearly high in early Monday hours (UTC time), outperforming all but one coin in the top 10. At pixel time (03:33 UTC), BTC trades at USD 12,037 and is up by 2.3% in a day and almost 8% in a week. Earlier today, it hit…
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Bitcoin is Almost as Big as Bank of America

As crypto prices continue climbing, Bitcoin’s market cap has almost reach par with Bank of America’s market cap. All the speculative capital invested in Bitcoin (BTC) at the moment totals just a few billion dollars shy of Bank of America’s market valuation. Bitcoin’s current market cap sits just over $217 billion, according to Cointelegraph data…
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Whales’ Control Over Bitcoin Supply Declines – Research

The largest holders of bitcoin (BTC) – also known as the whales – have long been known to hold a firm grip over the market. But according to a new study, their level of control has been falling over the past five years. According to on-chain analysis firm Glassnode, the share of the BTC supply…
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