British man sues council for $647M over lost Bitcoin in landfill

Stablecoins are a type of cryptocurrency designed to have a stable value relative to a specific asset or a basket of assets, typically a fiat currency such as the U.S. dollar, euro or Japanese yen.Stablecoins are designed to offer a “stable” store of value and medium of exchange compared with more traditional cryptocurrencies like Bitcoin…

Bitcoin (BTC) will be the savings method of choice for 1 billion people on their phones by 2026, MicroStrategy CEO Michael Saylor predicted.In an interview with CNBC on Feb. 23, Saylor, whose company owns in excess of 70,000 BTC, continued his public Bitcoin advocacy, calling it "the dominant digital monetary network."Saylor: Billions will choose Bitcoin…

The majority of traders expect fresh Bitcoin price losses after a difficult end to the week, data suggests. 428 Total views 3 Total shares Bitcoin (BTC) consolidated under $40,000 on April 23 as market expectations favored further losses.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView"Extreme fear" accompanies Bitcoin's descent to $39,200Data from Cointelegraph Markets Pro and…

Bitcoin (BTC) appeared ready to tackle $11,000 once again on July 16 after bouncing off lows as the United States government reinforced its position on the industry.Market visualization courtesy of Coin360Data from Coin360 placed BTC/USD at $10,715 on Tuesday, the pair having gained $800 over the past 24 hours.On Monday, U.S. Treasury Secretary Steve Mnuchin…

Since 2011, a group of enthusiasts and collectors have been obsessed with the physical manifestation of Bitcoin. On the face of it, physical Bitcoin seems like a contradiction to the key terms that define it, so a trustless, instantly transferable virtual currency becomes a real world coin that has all the disadvantages of Earth-bound cash. But…

The Bitcoin Gold (BTG) blockchain has suffered a 51% attack resulting in over $70,000 worth of BTG being double spent. According to a GitHub post by James Lovejoy, a researcher at MIT’s Digital Currency Initiative, the hard-fork of Bitcoin was hit by two deep reorganizations of over 10 blocks on Jan. 23 and 24.A 51%…

Volatility and funding rates surge, but large BTC holders continue to accumulate. 4199 Total views 15 Total shares As the institutional investment narrative continues to play out, on-chain metrics show the continued accumulation of BTC in large addresses is still ongoing, with an increase of 9% during the previous 30 days alone. This was slightly…

Speaking to the Coinist Podcast on June 4, CEO Su Zhu said he believes the Bitcoin price pattern that we saw on June 1 is likely to repeat. 161 Total views 1 Total shares Su Zhu, the CEO of Three Arrows Capital, thinks that as long as crypto traders continue to do business with derivatives…