Tag: Bitcoin News

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Bitcoin Trades Below Heavy Resistance, Altcoins Consolidate

In the past few hours, bitcoin price managed to correct higher above USD 9,000 and USD 9,080. BTC even attempted an upside break above the USD 9,200 resistance, but it failed. The price is now stuck in a broad range below the USD 9,200 and USD 9,300 resistance levels. Most major altcoins are also facing…
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Bitcoin Mining Difficulty Might Remain At Almost the Same Level

Bitcoin (BTC) mining difficulty is estimated to adjust tomorrow, offering a small change to miners following the highest adjustment in two years recorded two weeks ago. The next adjustment is expected to happen on Tuesday afternoon (UTC time). The next adjustment is expected in a day. Per the current estimates by the major Bitcoin mining…
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OKEx Announced The Listing of Compound DeFi Protocol’s COMP Token

COMP spot trading against USDT started at 6 AM UTC today. Cryptocurrency exchange OKEx have just listed Compound’s COMP token for trade.  COMP is the native token of Compound — a DeFi protocol that allows its users to earn interest on deposits or lend cryptocurrencies. Lending and borrowing on Compound are managed through a decentralized…
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This New Bitcoin Model ‘Picks the Start of Exponential Bull Runs’

A teaser of what appears to be a new bitcoin (BTC) price model that aims to spot the exact points in time where “exponential bull runs” start have been shared by Willy Woo, a popular BTC analyst. If the model is right, the next bull run could be right around the corner. According to Woo,…
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Bitcoin Miner Ebang Mulls Crypto Exchange, BTC Refunds + More News

Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Exchanges news Chinese crypto mining company Ebang International Holdings Inc. is planning to launch an offshore exchange for digital assets in 2020, reports Bloomberg. The company wants to expand  Read more…
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Bitcoin and Altcoins at a Turning Point

This past week, bitcoin started a fresh decline below the USD 9,500 and USD 9,200 support levels. BTC even broke the USD 9,000 handle before it found support near USD 8,800. The price is currently (08:30 UTC) recovering, but the bulls are likely to face hurdles near USD 9,200 and USD 9,300. Similarly, most major…
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Bitcoin as Alternative to Privacy-Breaching Covid Health Certificates

The Bitcoin (BTC) blockchain may offer an alternative to the “Orwellian” apps that have been used by governments around the world to limit the spread of the COVID-19 virus, an article from bitcoin-focused financial services company Unchained Capital argues. According to the article, the main issue with the current solutions is “the type and quantity…
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Bitcoin And Altcoins Remain At Risk of More Downsides

Yesterday, we saw a fresh decrease in bitcoin price below the USD 9,300 support. BTC even tested the USD 9,000 support and recently started an upside correction. However, the price is currently (08:30 UTC) struggling to recover above USD 9,300 and it could continue to move lower. Similarly, most major altcoins are facing an increase…
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Market Says ‘Meh’ as Largest Ever Bitcoin Options Expire

Following what was hyped as “the largest options expiry in history” for bitcoin (BTC) Friday morning, little has changed in the bitcoin spot market so far, where prices today have hovered mostly in the range of USD 9,100 to 9,200. Zooming in on the shorter timeframes, however, it is clear that a brief sell-off occurred…
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‘Unstoppable’ Malware Uses Bitcoin To Retrieve Secret Messages – Report

Glupteba, a sneaky malware that can be controlled from afar includes a range of components to cover its tracks, and it updates itself using encrypted messages hidden in the Bitcoin blockchain, write cybersecurity experts from Sophos Labs. The Glupteba bot is a malware campaign that creates backdoors with full access to contaminated devices, which are…
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