Tag: BTCEUR

Bitcoin Still Holds Crucial Support At $10.5K, But Eyes On The White House (BTC Price Analysis)

Bitcoin Still Holds Crucial Support At $10.5K, But Eyes On The White House (BTC Price Analysis)

For the past month, BTC’s volatility had decreased compared to the previous months. The primary cryptocurrency had mainly traded inside a $1K range between $10,000 and $11,000. Over the past week, Bitcoin reached the upper boundary of that range at $11K; however, the news coming from BitMEX charged by CFTC, along with President Trump’s hospitalization, […]

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Survey: Over 70% Have Spent Crypto For Goods And Services

Survey: Over 70% Have Spent Crypto For Goods And Services

Despite numerous reports indicating that Bitcoin HODLers are on the rise, a recent survey revealed the opposite. About 70% of participants that own digital assets answered that they had used them to make purchases such as food, clothing, and even education. Crypto Users Actually Spend Their Holdings BlockCard partnered with Bitcoin Market Journal to survey […]

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KuCoin CEO: We Have Found Suspects Of The Hack With Substantial Proof

After losing more than $250 million worth of cryptocurrencies in a security incident on September 26, KuCoin may have found new evidence to identify those responsible for the hack. It’s been exactly one week since Singapore-based cryptocurrency exchange KuCoin suffered what would be the third-largest hack in the history of crypto. And now, the exchange […]

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S2F Model: 35% Think Bitcoin Won’t Reach $55K Target by 2021

According to a recent poll by the creator of the popular Bitcoin stock-to-flow model, the majority of participants believe that BTC’s price will either hit $55,000 or stay below it by the end of 2021. Backstory: Bitcoin Stock-To-Flow Model(s) A cryptocurrency analyst going by the Twitter handle PlanB revealed the first version of the BTC […]

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50 Bitcoins Worth Over $500,000 Mined in May 2010 Mysteriously Moved to Bitfinex

Bitcoin worth roughly $500,000 was moved to one of Bitfinex’s hot wallets a couple of days back. This might seem like nothing but an ordinary transaction if it wasn’t for the fact that the BTC in question was mined back in May 2010, and it hasn’t been touched since. At the time, Satoshi Nakamoto, Bitcoin’s […]

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Bitcoin Still Around $10,500: The Calm Before The Storm Following Trump’s Hospitalization?

Bitcoin Still Around $10,500: The Calm Before The Storm Following Trump’s Hospitalization?

Following the recent price decreases after the BitMEX and Donald Trump COVID19 news, Bitcoin has calmed and trades above $10,500. The situation with the altcoins is somewhat different as most continue struggling. Bitcoin Stays Calm After The Drops As reported yesterday, Bitcoin tumbled from $10,900 to about $10,450 in a matter of hours. The drop […]

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Q3 Ends with BitMEX Fiasco and KuCoin Hack, More to Come? The Crypto Weekly Market Update

Q3 Ends with BitMEX Fiasco and KuCoin Hack, More to Come? The Crypto Weekly Market Update

To say that a lot has happened over the past seven days would be an understatement. Starting off with Bitcoin’s price, it’s currently trading at around $10,500, down $150 over the week. Everything was going relatively well for BTC. It peaked above $10,900, giving many people hopes that we will finally see a breach above […]

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Over 32,000 Bitcoins (BTC) Withdrawn From Crypto Exchange BitMEX After CFTC Charges

On Thursday, October 1, the U.S. CFTC filed a complaint against crypto exchange BitMEX accusing it of illegal crypto derivative trading and money laundering. Hours later, BitMEX responded denying all charges and assuring investors that their funds are absolutely safe with the exchange. However, the damage was already done! As per the fresh report by […]

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Gold Pumps, Bitcoin Blips as Trump Tests Positive For Coronavirus

Markets are reacting to the news that U.S. President Trump tested positive for Covid-19 a few hours ago. Gold is up but stocks and Bitcoin are down, how far further will they fall? The POTUS took a Coronavirus test a few hours ago which produced a positive result for him and the First Lady. Stock […]

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6X Bitcoin: Ethereum Miners Made $166 Million from Gas Fees in September

6X Bitcoin: Ethereum Miners Made $166 Million from Gas Fees in September

It pays to be a miner and process cryptocurrency transactions on a proof-of-work blockchain. The Ethereum miners know this especially well as they made a record $166 million last month from transaction fees. Bitcoin miners, however, could barely manage to scoop up $26 million. Ethereum Miners Made 6X More Money Than Bitcoin Miners in Sept […]

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