Tag: bitcoin

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P2P Bitcoin Marketplace Paxful Set to Surpass LocalBitcoins in Volume

P2P Bitcoin marketplace Paxful recently hit an all-time-high in weekly traded volume, continuing its near-unbroken uptrend. Peer-to-peer (P2P) Bitcoin (BTC) marketplace Paxful recently hit an all-time-high in weekly traded volume. As of Dec. 2, CoinDance data reveals that for the week of Nov. 23, Paxful saw close to $30 million in P2P Bitcoin trades continuing…
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‘Hodlers Are Insane’ — 64% of Bitcoin Supply Has Not Moved Since 2018

Despite the opportunities for profit, more of the Bitcoin supply than ever has stayed dormant in the same wallet this year. Over 60% of the total Bitcoin (BTC) in circulation has not left its wallet in more than a year, highlighting demand among investors.  That was the conclusion of analyst Rhythm, who uploaded statistics about…
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Vertcoin 51% Attack ‘Motive Uncertain’ as Hackers Lose up to $4,000

An attempt to manipulate trading at exchange Bittrex saw only temporary success, with a subsequent shutdown broadly hindering attackers’ plans. Unknown hackers have attempted to launch a second 51% attack on Vertcoin (VTC) but ended up paying for the privilege out of their own pockets. As Vertcoin’s lead maintainer James Lovejoy revealed in a report…
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Reading the data: DAUs Vs Transaction Volume

The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. This article has been brought to you by DappRadar, a dapp data aggregator and analysis firm. _____ There are over 4,500 cryptocurrencies listed at coin tracking site, CoinMarketCap. The vast majority of these projects…
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Halving Will Be ‘Non-Event’ for BTC Price: Morgan Creek Digital Exec

Contrary to popular opinion, says Jason Williams, it is unlikely that BTC/USD will react significantly to the miner reward shift to 6.25 BTC per block next May. Bitcoin’s (BTC) 2020 block reward halving continues to generate mixed opinions regarding price performance, as one analyst suggests its impact will be next to nothing. In a tweet…
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Bitcoin and Altcoins Restart Downtrend, Bulls Under Pressure

This past week, bitcoin price recovered above the USD 7,350 and USD 7,550 resistance levels. BTC/USD tested the USD 7,850 resistance area, where the bulls struggled. As a result, the price started a fresh decline and traded below the USD 7,350 pivot area (09: 00 UTC). Similarly, many major altcoins are down in the past…
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How One Ethereum Developer Created a Dilemma For the Whole Cryptoverse

Source: Twitter, @virgilgr After an Ethereum developer was arrested for giving a speech at a North Korean’s blockchain conference, the Cryptoworld is faced with another moral dilemma that it will have to find a way to resolve for the future: is this an example of a man persecuted for exercising his free speech rights while…
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Guy Who ‘Lost’ 4 BTC on Lightning Network Has Recovered Most Funds

One month on, a Redditor who “lost” 4 Bitcoin on the Lightning Network has published advice to the public based on his experience. One month on, a Redditor who “lost” 4 Bitcoin (BTC) on the Lightning Network has published advice based on his experience. In a thread posted to the r/Bitcoin community on Dec. 1,…
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3 Key Metrics Suggest Bitcoin Price Has Completed Its Macro Bear Cycle

Key trading indicators suggest that Bitcoin has completed its macro bear cycle and is ready to rocket to $9,000 this week. Whilst the Bitcoin price (BTC) action may seem bearish to some, the leading digital asset has several bullish indicators that hint towards an imminent recovery. As Bitcoin enters the last month of 2019, will…
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$50M of ETH Stolen, ‘Rare Opportunity’ for BTC: Hodler’s Digest, Nov. 25–Dec. 1

Upbit confirms 342,000 ETH has been stolen, Russia considers a ban on crypto payments, and five crypto exchanges close in China. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more —…
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