Bitcoin analyst sees seller ‘exhaustion’ as BTC price rebounds 10%
Bitcoin sellers run out of steam and BTC price strength returns at the Wall Street open as US stocks initially avoid copying the fate of their Asian counterparts.
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BTC price hits new December low as Bitcoin dips 2% with Asia stocks
Bitcoin (BTC) hit new month-to-date lows on Dec. 7 as Asian markets fell during trading.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$16,500 stands as support as BTC price wobblesData from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping to lows of $16,736 on Bitstamp, a level not seen since Nov. 30.The pair thus began to erase…
Bitcoin ATM maker shuts cloud service after user hot wallets compromised
Bitcoin ATM manufacturer General Bytes said a hacker was able to install and run a Java application in its terminals that could access user information and send funds from hot wallets. 775 Total views 18 Total shares Own this piece of history Collect this article as an NFTBitcoin ATM manufacturer General Bytes has shuttered its…
SBI, GMO Reportedly Sign Deal with Operator of World’s Largest Bitcoin Mining Site
The operator of what is set to become the world’s largest Bitcoin (BTC) mining facility has reportedly signed a deal with Japanese financial services giant SBI and internet provider GMO.A Jan. 7 BNN Bloomberg report claims that the two Japanese mega-firms have agreed in principle to process cryptocurrency transactions at a new mining facility —…
Bancor Begins Cross-Blockchain Token Trading Between Ethereum and EOS
Decentralized liquidity network Bancor announced it had completed its partnership with EOS to provide cross-blockchain token swaps in a press release shared with Cointelegraph Nov. 5.Originally announced in September, Bancor has now expanded to the EOS blockchain, using its decentralized application (DApp) BancorX to allow users to convert between Ethereum and EOS-based tokens, without exchanges.The move…
Bitcoin miner profits drop as halving, power costs weigh — JPMorgan
BTC miners are struggling to adapt to a post-halving environment.
What are the applications of NFTs in supply chains?
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Rich Dad Poor Dad Author: Coronavirus Will Send Bitcoin ‘Parabolic’
Bitcoin (BTC) ultimately stands to go parabolic after the coronavirus ends, the author of the world’s bestselling personal finance book says.In a tweet on April 15, Robert Kiyosaki, who penned “Rich Dad Poor Dad,” argued that the coronavirus pandemic was “great” for Bitcoin.Kiyosaki: BTC among “best investments”The largest cryptocurrency, which has broadly stabilized since crashing…
Swiss SIX Digital Exchange CEO Departs Due to ‘Strategic Differences’
The CEO of Switzerland’s SIX Digital Exchange (SDX), the cryptocurrency-focused arm of the the country’s principal SIX Swiss Exchange, is departing the company, local news outlet SwissInfo reported on Aug. 14. CEO departs before SDX launchMartin Halblaub will step down after eight months into his job when his contract expires at the end of August following…