Bitcoin (BTC) faces a pivotal weekly close on Oct. 17 with bulls scrambling to squash final resistance before all-time highs. BTC/USD 1-week candle chart (Bitstamp). Source: TradingView Bitcoin on the cusp of clearing final resistance Data from Cointelegraph Markets Pro and TradingView showed BTC/USD ranging throughout the weekend, crucially staying above $60,000. This week’s close was …
Category archives: Trending Crypto news
Brazilian toddler makes over 6,500% profit on her first Bitcoin holding
A 4-year-old girl has reportedly earned over 6,500% profit on a one Bitcoin (BTC) gift she received on the day of her birth. João Canhada, the founder of a Brazilian crypto exchange Foxbit, gifted 1 BTC to his newborn daughter, roughly worth $915.80. Sharing details on the event, Canhada said: “As soon as my daughter …
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Crypto traders fight in WBS Dubai for Amir Khan’s charity boxing match
The World Blockchain Summit in Dubai hosted an exhibition boxing match between top cryptocurrency traders and influencers for the WBC Crypto Belt. The fights were supported by a charity event, featuring an auction of memorabilia including digital currency assets and nonfungible tokens (NFTs). What started off as a conversation for a friendly match with a …
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Bitcoin Bears Getting Skittish As BTC Threatens All-Time Highs, Says Crypto Analyst Benjamin Cowen – Here’s Why
Crypto analyst Benjamin Cowen says Bitcoin bears are worried as BTC’s technicals continue to look more and more convincingly bullish. In a new strategy session, Cowen says traders that have been anticipating a bear market ever since Bitcoin corrected in May are running out of ways to justify it on the chart. ADVERTISEMENT He …
The crypto industry royally screwed up privacy
Privacy is a complicated topic. Few would argue that privacy is not important. It’s generally more interesting to talk about things that are disputable. So, the limited arguments against privacy actually make it somewhat boring to discuss and easy to take for granted. As Edward Snowden famously said: “Arguing that you don’t care about privacy …
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Over $5 Billion In BTC Paid In Top 10 Ransomware Variants, Says U.S. Treasury
Ransomware attacks in the U.S. have been on a rise since late 2020, but it is particularly booming in 2021. This year, hackers have hit numerous U.S. companies in large-scale hacks. One such attack on pipeline operator Colonial Pipeline led to temporary fuel supply shortages on the U.S. East Coast. Hackers also targeted an Iowa-based …
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Bitcoin ETF Check, What’s Next For BTC
The approval of a Bitcoin Exchange Traded Fund (ETF) in the U.S. has come true. Different actors in the crypto space have tried to receive the greenlight from that country’s regulator (SEC) for little less than a decade. Related Reading | Bitcoin ETF Receives Approval from SEC, Marking Historic Day for Crypto Major achievement for the …
CryptoPunks Owner Declines Record-setting $9.5 Million Offer, Explains Why
Earlier today, the owner of the non-fungible token CryptoPunks #6046 declined a bid of $9.5 million dollars in Ethereum (ETH), which would have been the highest on-chain NFT transaction to date. The bidder, who goes by an ENS of poap.eth, placed the record-setting bid after the CryptoPunks owner tweeted: “My punk is not for sale. …
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MobiePay Rebrands into Mobie Network to Broaden the Scope of Technologies and Products
MobiePay, a popular service that aims to bridge the gap between blockchain and the mainstream, has recently announced a major change of its brand. The project has now changed its name to Mobie Network. Initially, the project started off as MobiePay, in order for people to know what type of project the team is developing …
Bitcoin Will Significantly Underperform Altcoin Market As New Crypto Price Era Unfolds: Pantera Capital’s Dan Morehead
The founder and chief executive officer of Pantera Capital says that investors can expect altcoins to outperform Bitcoin (BTC) in the long term. In a recent edition of Pantera’s Blockchain Letter, the head of the digital asset management firm outlines Dan Morehead’s key quotes from the SALT 2021 conference in New York. During the conference, …
Binance launches $1B BSC fund, BTC futures ETF approval could arrive soon, and Celsius raises $400M: Hodler’s Digest, Oct. 10-16
Coming every Saturday, 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 — a week on Cointelegraph in one link. Top Stories This Week Binance to launch $1B fund to develop BSC ecosystem Binance, …
Solana Set for New All-Time High While Ethereum Still Has Juice in the Tank – Crypto Analyst
A popular cryptocurrency analyst and trader is outlining the path forward for smart contract platforms Solana (SOL) and Ethereum (ETH). The cryptocurrency analyst pseudonymously known as Smart Contracter tells his 173,800 Twitter followers that SOL is set to surge to a new record high after a period of accumulation. ADVERTISEMENT “Sol ATH [all-time high] …
US Regulator Orders Tether To Pay $41,000,000 in Fines – Here’s Why
The Commodities Futures Trading Commission (CFTC) is ordering the entities behind the Tether stablecoin (USDT) to pay $41 million in fines. According to a new press release, the CFTC charged Tether Holdings Limited, Tether Limited, Tether Operations Limited, and Tether International Limited for making “untrue or misleading statements and omissions of material” related to USDT. …
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The crypto industry is still waiting for its ‘iPhone moment’
This year, a great crypto cycle has played out with new all-time highs, euphoria and mainstream media paying lip service to the crypto trend du jour. However, the uncomfortable truth for us in the industry is that crypto is no more present in most people’s daily lives than it was in 2017. Four years have …
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Here’s When the Current Bitcoin and Crypto Asset Bull Market Will End, According to Trader Jason Pizzino
Digital asset analyst Jason Pizzino is unveiling when he thinks the current bull cycle for Bitcoin and the rest of the crypto markets will come to a close. Pizzino tells his 217,000 YouTube subscribers that Bitcoin dominance and market sentiment are important factors in predicting when a bull phase is about to end. Bitcoin dominance …