Bitcoin reclaims $60K and ‘this time is different,’ says analyst
Bitcoin reclaimed the $60,000 price level for the first time in 14 days, amid a month that is typically perceived as bearish for Bitcoin.
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3 reasons why Bitcoin price has not been able to rally back above $40K
Bitcoin bulls appear to be back, but a strengthening U.S. dollar, a new wave of COVID-19 infections and low trading volumes threaten the current recovery. 285 Total views 2 Total shares The ongoing story for the past couple of months in the cryptocurrency market has been confusion on whether Bitcoin (BTC) is destined for another…
BTC price dips 3.5% as ‘overheated’ Bitcoin derivatives spark angst
Bitcoin (BTC) broke below $35,000 after the Nov. 2 Wall Street open as analysis warned of “overheated” derivatives.BTC/USD 1-hour chart. Source: TradingViewBitcoin undoes post-Fed gainsData from Cointelegraph Markets Pro and TradingView tracked a retreating BTC price as it erased ground it reclaimed overnight.The largest cryptocurrency had hit new 18-month highs of $35,968 on Bitstamp before
Kazakhstan likely to lose Bitcoin hash rate leadership in next index update
Kazakhstan, one of the world’s top Bitcoin (BTC) mining locations, is likely to lose its BTC hash rate share leadership in the next hash rate distribution update, according to industry experts.According to Cambridge Bitcoin Electricity Consumption Index (CBECI), Kazakhstan was housing over 18% of the world’s BTC hash rate as of August 2021, following only…
Multisigs mean funds in bridges are ‘one small slipup’ from being hacked
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Ransomware Gang Demands $42M or it Releases Trump’s ‘Dirty Laundry’
The ransomware gang responsible for stealing almost 1TB of legal secrets from celebrities and entertainers last week is now targeting the President. 1285 Total views 20 Total shares The ransomware gang that stole almost 1TB of legal secrets from the biggest names in the entertainment industry is now demanding $42 million in cryptocurrency or else…
Mac users warned over malware ‘Cthulhu’ that steals crypto wallets
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Amount of Ether Locked in DeFi Is Growing Despite Price Slump
The number of Ether (ETH) locked in decentralized finance (DeFi) applications reached an all-time high of 2.7 million, according to DeFi monitoring resource DeFiPulse, and has been steadily growing since the end of June. Of the 2.7 million ETH locked, 2.1 million (77%) are locked in the system behind the DAI stablecoin, Maker.Additionally, 337,800 ETH (12.5%)…
Euro stablecoin market set to take off, thanks to real-world uses, regulatory clarity: Circle exec
Circle’s Patrick Hansen provided an overview of the euro-denominated stablecoin market at EthCC; it all looks rosy, he said. The future is bright for euro-denominated stablecoins, according to Patrick Hansen, European Union strategy and policy director at Circle. The United States dollar may preserve its “first mover” advantage, but euro stablecoin will see increasing real…