That Bitcoin SV (BSV) price rally is appearing to hit an end. The fifth-largest cryptocurrency by market capitalization suffered huge losses during the Friday trade as its rate plunged by up to 12.36 percent. The move downhill led Bitcoin SV to establish an intraday low of $261.29. At its monthly best, it was trading at $458.74. Bitcoin SV this Friday was down by up to 43.04 percent from its monthly top | Source: TradingView.com, BitFinex The weak intraday performance was Read more …
Advertisment While people tend to think of money as being all the same, the fact is governments and banks use different types of money than the everyday individual. From the top of the economic pyramid of world reserve currencies, down through central bank and commercial bank money, the capacities and function of different kinds of money vary broadly. Beyond M0, M1, and M2 classifications, reserve currencies ultimately afford policymakers opportunities not enjoyable by those holding “downstream” versions of the supply. Read more …
Advertisment Today, we will be examining the trading history and market opinions of BTC, so that we can project a Bitcoin price prediction for February 2020. Bitcoin Overview Bitcoin is the number one crypto according to a market cap of $170.657.345.667 and a trading price of $9.381,08. There are currently 18.191.650 BTC in circulation out of […] The post Bitcoin (BTC) Price Prediction and Analysis in February 2020 appeared first on Coindoo. coindoo.com is author of this content, TheBitcoinNews.com is Read more …
Yesterday Chainlink released price reference data for 25 of its decentralized oracle networks which, together, power more than $100m in DeFi. On this special interview episode, @nlw talks with Sergey Nazarov and Kain Warwick, the founders of Chainlink and Synthetix respectively about: To see Chainlink’s newly released decentralized price feeds, visit: feeds.chain.link Disclosure Read More The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial Read more …
Kraken Security Labs revealed on Jan 31. that Trezor hardware wallets and their derivatives can be hacked to extract private keys. Though the procedure is quite involved, Kraken claims that it “requires just 15 minutes of physical access to the device.” The attack requires a physical intervention on the Trezor wallet by either extracting its chip and placing it on a special device or soldering a couple of critical connectors. The Trezor chip must then be connected to a “glitcher Read more …
Founder of Morgan Creek Capital, Mark Yusko, believes Bitcoin’s Proof of Work (PoW) consensus is the only viable protocol on which to build a digital asset. In an interview, he discussed why the coin is a “beautiful use case of blockchain,” and why 99% of other coins will eventually go to zero. Proof of Work Only Viable Consensus Mark Yusko – a longtime Bitcoin bull – sung Bitcoin’s praises on the latest episode of RT’s Keiser Report, calling the coin Read more …
Tesla is among the top-performing assets of 2020 so far, and one of the few financial assets that has outperformed Bitcoin and the rest of the cryptocurrency market. Tesla is even showing similarities to that of the 2017 Bitcoin bull run, however, what does this mean for the price per share of the futuristic automaker if it continues to follow the same path? Is Tesla Following The Path of 2017 Bitcoin? Since the moment markets opened in 2020, Tesla has Read more …
We’ve got the “hawt” new single from Tesla CEO Elon Musk and, as bitcoin ends its best January ever, traders eye a price move above the psychological level of $10,000. Disclosure Read More The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source
Kraken Security Labs has identified a critical security issue in Trezor hardware wallets which enables seeds to be extracted from the devices. Kraken Finds Flaw in Trezor Wallets Kraken researchers claim they were able to access Trezor One and T wallet keys by manipulating the voltage in the micro-controller. These hardware components hold vital information, such as seeds, yet are not designed for such purposes. This vulnerability has been understood for some time, and has also been discovered on other Read more …
French, Belgian and Israeli investigators have brought down a scheme that defrauded €6 million ($6.64 million) from French and Belgian citizens, a Jan 29. press release from Europol reads. The fraudsters promised significant returns for the victims’ investment in what appears to have been a Ponzi scheme. The international network of fraudsters was allegedly masterminded by a French-Israeli citizen. Authorities arrested nine suspects connected with the scam in 2019. The investigation started in 2018 and was coordinated by Europol and Read more …
Go, the exchange powered by OmiseGo technology, has closed after months of negligible volumes and regulatory difficulties. Go Exchange Closes on Low Activity, Stricter than Expected Regulations The Go Exchange, attempting to use innovation based on the OmiseGo protocol, has met the challenge of low volumes, as well as a harsh regulatory climate. Despite having only officially launched a few months ago, the platform has been forced to discontinue activity due to low interest in trading. While large-scale markets remained Read more …
Thus far, 2020 has been a stellar year for the crypto market, adding over $70 billion to the total market cap since the clock struck midnight into the new year, thanks to short-term uptrends in Bitcoin, Ethereum, XRP, and the rest of the altcoin market. Bitcoin and the rest of the altcoin market may be gearing up for some extreme volatility starting today, suggesting that today may be the crypto market’s most critical day yet. Big Day for Bitcoin: CME Read more …