Tag: Bitcoin (BTC)

Bitcoin price breakdown targets $25,000 despite investor sentiment remaining positive

Bitcoin slides under $33,000 risking a drop under $30,000, especially if the 50 SMA support fails to hold. Grayscale Investment’s consistent purchase of Bitcoin goes unnoticed as the market falls. Bitcoin is on the verge of a massive breakdown after losing a crucial support level. The pioneer cryptocurrency was rejected $38,000 again, opening the Pandora […]

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Major Darknet Marketplace for Stolen Cards Shuts Down After Making Over $1 Billion in Bitcoin

Major Darknet Marketplace for Stolen Cards Shuts Down After Making Over $1 Billion in Bitcoin

The longest-running marketplace for stolen credit cards on the darknet has announced the shutting down of its services. The administrator of Joker’s Stash, founded in 2014, stated that the site would be taken down in February. Site Generated Over $1 Billion in BTC ‘Over the Past Years,’ Claims a Security Research Firm According to the […]

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Crypto Prices Consolidate, Handful of Altcoin Markets Pop, Bitcoin Accumulation Addresses Rise

Crypto Prices Consolidate, Handful of Altcoin Markets Pop, Bitcoin Accumulation Addresses Rise

The price of bitcoin and a number of digital assets have been consolidating this week, after a number of crypto markets dropped over 25% the week prior. The entire crypto-economy is hovering just below the $1 trillion mark at $987 billion, gaining 1.3% during the last 24 hours. Crypto Asset Markets Consolidate A good number […]

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Central Bank Digital Currencies [CBDC] Are Inevitable Believes Stephen Harper, Former Canadian PM

During a recent interview, former prime minister of Canada Stephen Harper said that he believes Central Bank Digital Currencies [CBDC] are inevitable and he sees Bitcoin as an alternative reserve currency to the US Dollar. Harper’s comment came during an interview at the 2021 Vancouver Resource Investment Conference with Jay Martin of investment firm Cambridge […]

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Bitcoin price back to the drawing board at sub $40 but technicals suggest an explosion to $40,000

Bitcoin revisits $34,000 to allow more buyers to enter the market as upside eyes $40,000 again. BTC/USD is drawing nigh to a massive falling wedge pattern breakout. Bitcoin price revisited support at $34,000 after rising to $40,000 last week. The recovery had been gradual but steady. BTC bulls fought massively for gains above $38,000. However, […]

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Dollar-Cost Averaging Crypto Profits: Low-Risk Bitcoin Investing Without All the Stress

Dollar-Cost Averaging Crypto Profits: Low-Risk Bitcoin Investing Without All the Stress

Bitcoin prices and a number of other digital assets have grown significantly in value during the last decade. Some people have made millions and even billions throwing down everything they have during the cryptocurrency’s earliest days of price discovery. However, there’s another method of investing called dollar-cost averaging or DCA, a scheme that’s considered far […]

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A Russian Operation Is Mining Bitcoin in the Arctic Circle for Cheap Electricity

A Russian Operation Is Mining Bitcoin in the Arctic Circle for Cheap Electricity

A Russian company is leveraging the Siberian city of Norilsk located above the Arctic Circle in order to mine bitcoins. Bitcluster, the owner of the crypto mining operation, plans to expand the firm’s activities after launching the facility in late 2020. According to the company’s website, the datacenter is getting electricity rates as low as […]

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Bahamas-Based Deltec Bank Holds a ‘Large’ Bitcoin Position

Bahamas-Based Deltec Bank Holds a ‘Large’ Bitcoin Position

Bahamas-based Deltec Bank & Trust said during a recent video review that it’s holding a “large position” in bitcoin. The information was given by their chief investment officer, Hugo Rogers. Deltec Executive Discusses Bitcoin Position According to the video uploaded to the bank’s Youtube channel, Deltec’s large position in bitcoin (BTC) has brought “a lot […]

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Coinbase Issues a Public Apology to EU and UK Customers — Did Not Address Its Global Issues

Coinbase Issues a Public Apology to EU and UK Customers — Did Not Address Its Global Issues

Cryptocurrency exchange Coinbase published a statement addressing their U.K. and E.U. customers, apologizing for system outages and account restrictions. The company also recognized their customer support “has not been at the levels” expected. High Flow of Incoming Customers According to the public apology, the U.S.-based crypto company said customers from both regions have been facing […]

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