WBTC thief spreads $71M loot across multiple crypto wallets

Bitcoin (BTC) has support to climb all the way to $15,000 if historic trends repeat themselves this year, a new report says.Compiled by crypto index fund provider Stack Funds on Oct. 15, the report highlights Bitcoin’s market cap vs. realized cap ratio (MVRV) fuelling gains, which could smash $12,000 resistance.Report expects “significant break” in MVRVBitcoin…

Bitfinex cryptocurrency exchange announced that it will spend 27% of past and future Tokinex revenue on burning LEO tokens, according to an official blog post on July 8.Bitfinex unveiled LEO in May as the native utility token for its initial exchange offering (IEO) platform Tokinex. Parent company iFinex committed to burning LEO tokens, until commercial…

Bitcoin bulls stampede toward $60,000 but is there enough energy to break above to 200-day moving average? 

Bitcoin (BTC) has been trying to break the $60,000 resistance for the past 23 days. Generally, investors don’t seem too worried about this as they consider it a healthy consolidation period, and even recent analysis from JPMorgan Chase estimates that BTC price will reach $130,000. Even as most investors expect Bitcoin price to rise above $100,000,…

Industry watchers are closely monitoring the case for signs of how Nigerian authorities will handle similar cases, which could impact the country’s growing cryptocurrency sector.

Grill.chat, a chat app based on the Subsocial network, has now implemented Ethereum Virtual Machine (EVM) wallet compatibility, allowing users to chat using their Ethereum identities and send crypto to each other via Polygon, according to a June 7 announcement.Subsocial is a Polkadot parachain designed for social media applications. Grill.chat allows users to participate in over…

Coinbase CEO has criticized United States’ senators for asking Stripe, Mastercard and Visa to leave Facebook’s crypto project Libra.“Something feels very un-American about this”After U.S. Senators Brian Schatz and Sherrod Brown apparently pressured the payment giants to leave Libra, Brian Armstrong, co-founder and CEO of major U.S. crypto exchange Coinbase, called the action “un-American” in…

There are very few investments that can deliver an infrastructure-style downside case with a venture-capital-style upside. The combination of energy arbitrage with accumulating a balance sheet of Bitcoin (BTC) can deliver this. That is why we are seeing a rush of institutions pouring into the Bitcoin mining space and starting to build out megafacilities.Securing new-generation…

Bitcoin’s birth and price surges have been marked by inflationary moves by the U.S. central bank, and 2020 should thus follow, PlanB argues. 937 Total views 20 Total shares Bitcoin (BTC) price bull markets coincide with one specific macroeconomic trend — and the next may now be around the corner.In a Twitter debate on April…