Bitcoin Eyes Short-Term Bear Market After Two-Week Lows

Nov 4, 2020 at 08:40 UTCUpdated Nov 4, 2020 at 08:44 UTCU.S. President Donald Trump(Shutterstock)Bitcoin fell Wednesday alongside traditional markets after President Trump alleged “fraud” in the presidential election and pledged to stop vote counting.Bitcoin was trading at $13,580 at time of writing, representing a 3.3% decline on the day. The fall reversed a rally…

Stacks, a layer-2 blockchain project atop Bitcoin, confirmed on Tuesday the activation of its Nakamoto upgrade, designed to make transactions faster. The project's official account on X posted that "Stacks transactions once confirmed are now at least as irreversible as Bitcoin's," and that there is a "significant reduction in transaction times." 02:32 Microsoft Urges Shareholders

"Do not come crying when you are bankrupt." Lobbed at those bitcoin cash enthusiasts supporting Bitcoin ABC, the main implementation of the blockchain software, Craig Wright seems to have no intention to compromise as the cryptocurrency gears up for its next system-wide upgrade, or hard fork. The controversial figure who claims (without much evidence) that he…

New York-based cryptocurrency financial services firm Galaxy Digital (GLXY) now has a CEO of Europe as it looks to expands in the continent.Mike Novogratz's firm has appointed Leon Marshall, its existing global head of sales, as its first European CEO. Marshall will continue as head of sales in addition to his new role.The newly-created position

Sam Altman’s crypto project Worldcoin is set to launch its WLD token and mainnet on Monday, the company made the announcement on Twitter over the weekend.Semafor first reported the news, although the launch was expected with an announcement going to the press under embargo.Sam Altman is the co-founder of Open AI, the company behind ChatGPT.…

news The Israeli Police cyber unit arrested two brothers, Eli and Assaf Gigi, for allegedly perpetrating a multi-year phishing scheme and participating in a 2016 hack of Bitfinex. Israeli news outlet Ynet reports the two allegedly stole over $100 million in cryptocurrency. The infamous Bitfinex theft of 119,756 BTC shocked the crypto market with the largest…

Oct 2, 2020 at 08:02 UTCUpdated Oct 2, 2020 at 08:03 UTCCosmos Gains Traction in India Amid Broader Crypto ResurgenceAs demand for bitcoin surges in India, especially in urban tech hubs, smart-contract platforms like Ethereum and others are also gaining momentum.Cosmos, promoted by the Switzerland-based Interchain Foundation, is especially finding traction with students like Aditya…

Coin Metrics latest “State of the Network” report takes a deep dive into Coinbase’s revenues, a perennially interesting subject for those looking to understand the crypto exchange market in the U.S. According to the latest figures, Coinbase has seen cash inflows diversify away from trading fees, which for years accounted for upwards of 90% of

Apr 6, 2020 at 12:47 UTCUpdated Apr 6, 2020 at 14:10 UTCCredit: Shutterstock/Bjoern WylezichFirst Mover: Trillions in Coronavirus Stimulus Bring Out the Bitcoin Bulls"It's exactly why bitcoin (BTC) was created," Michael Novogratz, CEO of the cryptocurrency-focused investment firm Galaxy Digital, told CNBC last week. It's a common refrain heard these days from bitcoin bulls: The U.S. dollar…