Bitcoin and other cryptocurrencies are often mentioned in the same breath as cybercriminals. Most of those stories are, unfortunately, 100% correct. However, not every criminal had a troubled youth. Case in point is Igor Musatov, a former KHL ice hockey player, who swindled victims out of $800,000 worth of Bitcoin. […]
Tag: bitcoin
Bitcoin’s Lightning Network Has Been Exploited
The Lightning Network is designed to make Bitcoin and other cryptocurrencies more secure. Unfortunately, it seems that is not always the case. A recent vulnerability has been discovered which affects most clients used to access Bitcoin’s Lightning Network. While a fix exists already, it is still a worrisome development. The […]
Apple has Long-term Expectations for Cryptocurrencies
Technology companies show a growing interest in cryptocurrencies. Some do so more than others, like Facebook. Apple, on the other hand, is not going all-in just yet. Despite the potential and promise of cryptocurrencies, the focus lies elsewhere entirely for the time being. Apple Sees Merit in Crypto It is […]
Thai Bitcoin Trading Platform Won’t Renew its Digital Asset Exchange License
Despite promising market momentum, the current conditions remain problematic for Bitcoin service providers. In Thailand, one of the biggest services will shut down in a few weeks. Bitcoin Co. Ltd, also known as Bx.in.th, will not seek a renewal of its Digital Asset Exchange license. It is unclear why this […]
Criminals Steal Over $4bn in Bitcoin During First Half of 2019
Criminals are still drawn to Bitcoin. The world’s leading cryptocurrency lacks anonymity and privacy. Even so, it is often used as a tool to hide monetary transactions. The first six months of 2019 have been rather telling in this regard. Over $4bn worth of Bitcoin has been stolen from investors […]
Bitcoin Lightning Network Usage Shows Signs of Regression
Many Bitcoin enthusiasts have high hopes for the Lightning Network. For a technology which has been accessible for some time now, it seems there isn’t much growth to take note of. In fact, it appears things are slowly growing worse as more time progresses. This is good news by any […]
Bitcoin Price Prediction and Analysis for August 22nd: BTC Still Pulled Down
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex Technical Analysis On the weekly timeframe, the Bitcoin remains in the correction phase, which may extend and bring the quotations to the psychologically important level of $7000.00. Upon the end of the correction, a new wave of growth may be expected, confirmed by […]
Bitcoin’s Smart Contract Coding Gets an Update Through Miniscript
Most cryptocurrency enthusiasts are not aware of Bitcoin supporting smart contracts. Despite what most may claim, Bitcoin has supported this technology for many years now. It has never been a popular option to explore, but it was still worth taking note of. Miniscript, a new smart contract language for Bitcoin, […]
Bitcoin Cash, Bitcoin and Ethereum Price Prediction and Analysis for August 21st: BCH, BTC, and ETH
Bitcoin Cash Price Analysis (BCH/USD) In the last 24hrs, Bitcoin cash has maintained a bearish run. The same trend is most likely to continue since the 21 day MA is actively trading above the 7 day MA. BCH/USD pair corrected losses yesterday to trade below the critical resistance level at […]
Bitcoin, Tron and Litecoin Price Prediction and Analysis For August 21st: BTC, TRX, and LTC
Bitcoin Price Analysis (BTC/USD) On an hourly chart, the bulls have dominated the market of BTC/USD pair. The 7 day MA was seen gravitating above the 21 day MA that signaled an increase in bullish pressure. The top cryptocurrency has slightly gained by 0.17%, having escalated from $10731.71 to $10750.00. Apparently, […]
British Teen Earned Over $400,000 in Bitcoin Through Criminal Activity
Many officials claim only criminals use Bitcoin. All of those people are in the wrong. Many people use cryptocurrencies for a wide variety of purposes. It is certainly true criminals favor Bitcoin due to its pseudonymity. One Norwich-based individual was sentenced for hacking and accepting cryptocurrency as a payment. Teens […]
Bitcoin, Bitcoin Cash, and Binance Coin Price Prediction and Analysis for August 17th: BTC, BCH, and BNB
Bitcoin Price Analysis (BTC/USD) On an intraday chart, the price of BTC/USD pair has further dipped from the previous price of 10473.00 and is currently changing hands at $9917.57 that translated to an intraday dip of 5.3%. The bulls seemed to have lacked the means or strategy to pull up […]
Bitcoin and Altcoin Prices Collapse Once Again as Industry Remains on Wobbly Legs
Everyone can see the cryptocurrency markets aren’t heading in the right direction. Bitcoin is bleeding value once again, which automatically forces the rest of the markets to follow suit. With Ethereum dipping below $180 and Litecoin not sustaining $80, the remainder of the week looks rather bleak once again. Bitcoin […]
Bitcoin, Ripple’s XRP and Bitcoin Cash Cyptocurrency Price Prediction and Analysis for August 13th: BTC, XRP and BCH
Bitcoin Price Analysis (BTC/USD) After a sharp dip that took place back on 10 of August at 11:00, the market seemed to have taken a pause to consolidate on an intraday price chart. Hourly resistance level $11536.91 continues with support level defined at $11341.29. Notably, both the significant level was […]
Bitcoin, Ethereum and Litecoin Cryptocurrency Prediction and Analysis For August 12th: BTC, ETH, and LTC
Bitcoin Price Analysis (BTC/USD) According to an hourly chart, BTC/USD pair has been facing a high vitality in the last 24hrs. BTC/USD pair has thereby slightly dipped by 0.89% since it opened trading yesterday at $11914.02 and is now at $11807.04. The moving averages have intertwined that signaled a lack […]
Bitcoin, Tron and Litecoin Cryptocurrency Price Prediction and Analysis For August 8th: BTC, TRX, and LTC
Bitcoin Price Analysis (BTC/USD) On an hourly chart, the price of BTC/USD pair has succumbed an intense bearish pressure. Having begun the session yesterday trading at $12197.51 that was followed by a false breakout that rolled the price down to currently changing hands at $11624.60. The downward move was seen […]
Losing Bitcoin Due to Lightning Network Payment Channel Complexities is Still a Problem in 2019
One of the many innovative concepts being introduced to Bitcoin and several top altcoins is known as the Lightning Network. Despite still in the experimental stage, it seems this technology has received a lot of attention. Unfortunately, it is still possible to lose one’s Bitcoin funds used for setting up […]
IRS Puts the Screws on US-Based Crypto Traders not Filing Taxes Properly
Cryptocurrency and taxes are often an unhealthy mix. While it is evident anyone owning cryptocurrency should pay taxes on their financial gains or losses, most US-based enthusiasts don’t think so. As such, the IRS is now actively warning crypto holders to file their taxes correctly, or face the consequences. Another […]