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Bitcoin: What You Need to Think About This ‘Last Cycle’

Bitcoin has been on an upswing for longer than a month, and a many analysts keep on making projections with respect to its value activity. In a recent interview, on-Chain analyst Willy woo expressed the chance of this bull market proceeding into 2022. He said that his perception is generally founded on demand and supply …

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This Bitcoin Metric May Direct Whether A Local Top Is Just Around The Corner

Bitcoin has been enticing the market with a major move for longer than a month at this point. After momentarily wavering over the $50k mark, the asset lost ground with a 1.5% day by day value drop at the time of going to press. Following a bullish few days, Bitcoin is indeed uncertain of its …

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NAS Device Of A Hardware Company Infected With Bitcoin Mining Malware

A Taiwanese hardware company has warned its customers of a targeted cryptocurrency mining attack on their storage devices. This malware infects NAS devices connected to the Internet by installing a cryptocurrency miner called Dovecat.  Threats Install Illegal Bitcoin Mining Malware According to advice revealed by Bleeping Computer, malware is mining bitcoin (BTC) on NAS devices …

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The GSA Intended To Sell More Than $500,000 In Bitcoins At An Auction

The United States General Services Administration (GSA) held a Bitcoin auction worth more than $500,000. The auction, which took place from the 23rd to the 26th of April, was the third held by GSA’s auction arm this year. GSA oversees and funds the basic operations of federal departments. It also holds auctions to dispose of …

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NFTs Aren’t Just For Art: As Technology Advances, New Applications Will Arise

Some argue that the buzz surrounding million-dollar NFT art and digital collectibles is justified, predicting that new applications will arise. Autographs and signed memorabilia were highly sought after by collectors until the age of smartphones allowed the average person on the street to take a selfie with their favourite celebrity. The importance of these real-world, …

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Because of the digital currency’s relatively high value, bitcoin developers are about to halve transaction fees.

Transaction fees are small sums charged to submit bitcoin transactions across the network (think of them as postage stamps) and have them validated by miners by including them in a mining block. They’re paid in satoshis (tiny bitcoins), which means that the transaction fees increase in accordance with the price of bitcoin. Recent price swings …

Because of the digital currency’s relatively high value, bitcoin developers are about to halve transaction fees. Read More »

Ex Director of White house claims that Bitcoin is as stable as gold and bonds.

A new Bitcoin fund was launched in early January by Anthony Scaramucci’s Sky Bridge Money. He says strengthened infrastructure and regulation have made BTC investments “as safe as owning bonds and commodities like gold.” Anthony Scaramucci, head of SkyBridge Capital and former communications director of the White House, believes that the value proposition of Bitcoin …

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Miami Council support the decision by Mayor to give Bitcoin as salary

The Miami City Commission is now discussing the option to allow Miami residents to pay taxes and earn Bitcoin’s salaries. Miami Mayor Francis Souarez submitted an official proposal to see Bitcoin (BTC) in different areas of the city government as an appropriate method for payment. The Mayor posted the news on Twitter and confirmed that …

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Bitcoin Price Could Reach As High $146k Compared To Gold.

JPMorganโ€™s study says, that bitcoinโ€™s price could possibly reach a record $146,000 as the competition between cryptocurrency & gold soars. Meanwhile, the firmโ€™s global strategist has compared the current bull run of bitcoin to the bull run of 2017. However He has warned of three risks that could affect bitcoinโ€™s perspective for 2021. JPMorgan published a …

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Nearly 70 cryptocurrency exchanges have closed down in 2020

Hundreds of crypto exchanges have closed since the year 2016 out of which at least 70 Crypto currency exchanges have disappeared within the 2020 alone. Those exchanges have closed down due to various reasons and the main reason being scams, hacking, suddenly disappeared from the market, internal feuds or unable to bear funds to run …

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