72% of Russians say they have never bought Bitcoin: Survey
Cryptocurrency adoption in Russia has not been moving too fast as an overwhelming majority of Russians have apparently not ever bought crypto, according to a new survey.Switzerland-based cryptocurrency wallet provider Tangem has conducted a poll...
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How do they stack up?
Bitcoin (BTC) changed the world as a decentralized, nongovernmental form of currency that can facilitate peer-to-peer (P2P) transactions that transcend national borders. But despite this functionality, Bitcoin’s role as a payment mechanism has...
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Bitcoin breakout possible as whales close in on sideways BTC price
Bitcoin (BTC) stayed strictly rangebound on Aug. 24 as buyers and sellers attempted to spark a breakout.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewSpot price squeeze on the cardsData from Cointelegraph Markets Pro and TradingView...
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Here’s why holding $20.8K will be critical in this week’s $1B Bitcoin options expiry
Bitcoin (BTC) experienced a 16.5% correction between Aug. 15 and Aug. 19 as it tested the $20,800 support. While the drop is startling, in reality a $4,050 price difference is relatively insignificant, especially when one accounts for Bitcoin's...
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A bullish Bitcoin trend reversal is a far-fetched idea, but this metric is screaming ‘buy’
Bitcoin (BTC) price remains pinned below $22,000 as the lingering impact of the Aug. 19 sell-off at $25,200 continues to be felt across the market. According to analysts from on-chain monitoring resource Glassnode, BTC’s tap at the $25,000...
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Bitcoin addresses in loss hit 1-month high as BTC price retests $21K
Bitcoin (BTC) hodlers are feeling the squeeze this week as repeated tests of lower levels spark increasing losses.Data from on-chain analytics firm Glassnode shows more wallets are in the red as of Aug. 23 than at any time in...
Bitcoin won’t hedge inflation until it hits 1B wallets: Scaramucci
Skybridge Capital CEO Anthony Scaramucci believes that while Bitcoin continues to be an attractive asset, it has not reached the “wallet bandwidth” that is required for it to be considered an inflation hedge. Speaking on CNBC’s Squawk Box...
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Canaan exec says opportunity outweighs crisis as Bitcoin miners struggle with shrinking profits
2022 has been an exceptionally rough year for the crypto market, and the last few months of Bitcoin’s (BTC) price action could be a sign that bears aren’t even close to being ready to let up. Crumbling crypto prices...
Data shows Bitcoin and altcoins at risk of a 20% drop to new yearly lows
After the rising wedge formation was broken on Aug. 17, the total crypto market capitalization quickly dropped to $1 trillion and the bulls' dream of recouping the $1.2 trillion support, last seen on June 10, became even more distant. Total...
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Bitcoin whales attack sellers at $22.3K as euro drops below USD parity
Bitcoin (BTC) drifted near $21,000 on the Aug. 22 Wall Street open as the new week began without a rebound.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewEuropean commodity surge hammers euroData from Cointelegraph Markets Pro and...
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Ronin hackers transferred stolen funds from ETH to BTC and used sanctioned mixers
The hackers behind the $625 million Ronin bridge attack in March have since transferred most of their funds from ETH into BTC using renBTC and Bitcoin privacy tools Blender and ChipMixer. The hacker’s activity has been tracked by on-chain...
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Hackers exploit zero day bug to steal from General Bytes Bitcoin ATMs
Bitcoin ATM manufacturer General Bytes had its servers compromised via a zero-day attack on Aug. 18, which enabled the hackers to make themselves the default admins and modify settings so that all funds would be transferred to their wallet...
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FTX revenue reportedly grew 1000% in one year, leaked documents reveal
FTX was among the many crypto exchanges with a front-row seat to witness the crypto hype of 2021, back when Bitcoin (BTC) and other cryptocurrencies hit their all-time highs. Driven by massive customer onboarding, partnerships, sponsorships and...
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3 reasons why the Bitcoin price bottom is not in
Bitcoin (BTC) recovered modestly on Aug. 20 but remained on course to log its worst weekly performance in the last two months.Bitcoin hash ribbons flash bottom signalOn the daily chart, BTC's price climbed 2.58% to $21,372 per token but...
Weak address growth points to Bitcoin price failing to sustain $25K
Bitcoin (BTC) is staging a repeat of price action from May with its latest drop, the latest data shows.As the dust settles on a 6% comedown for BTC/USD, analysis argues that its trip to $25,000 was never meant to...
Can exchanges create imaginary Bitcoin to dump price? Crypto platform exec answers
One of the most substantial value propositions of Bitcoin (BTC) is that no one can create more of it apart from its fixed supply. However, an executive from a crypto exchange made a bold claim that some exchanges can...
Are non-KYC crypto exchanges as safe as their KYC-compliant peers?
Many see implementing Know Your Customer (KYC) tools in crypto as a deterrent to the Bitcoin (BTC) Standard, which has predominantly promoted anonymized peer-to-peer transactions. However, regulators stay put on promoting KYC and anti-money...
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The Real Deal? Peter McCormack’s Bedford Bitcoin Bet scores more than goals
The Bitcoin Standard has many formations. For some, selling all possessions and living off magic internet money is key; for others, it’s about sweeping every spare penny into Satoshis. For popular podcaster Peter McCormack–an avid football...
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3 reasons why Bitcoin’s drop to $21K and the market-wide sell-off could be worse than you think
On Friday, August 19, the total crypto market capitalization dropped by 9.1%, but more importantly, the all-important $1 trillion psychological support was tapped. The market's latest venture below this just three weeks ago, meaning investors...
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BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, AVAX
Bitcoin (BTC) and most major altcoins witnessed a sharp sell-off on Aug. 19, but there does not seem to be a specific trigger for the sudden drop. The sharp fall resulted in liquidations of more than $551 million in...