Bitcoin Trader Axes 4-Year Bull Cycle Forecast After $10K ‘Triple Top’

It now costs less to mine a single Bitcoin which could help to reverse the falling profitability trend while lowering power demands on the network. 278 Total views 4 Total shares The cost of mining one Bitcoin (BTC) has fallen to ten-month lows as mining hardware becomes more efficient, and difficulty has dropped 6.7% since…

Malaysian authorities have arrested 14 Chinese men for operating a Bitcoin investment scam and violating the Immigration Act. 503 Total views 19 Total shares Malaysian police have arrested 14 Chinese men for their involvement in a Bitcoin (BTC), scam targeting investors in their home country.Assistant Commander, Dzulkhairi Mukhatar, stated that the arrests took place on…

The CEO of crypto merchant platform BitPay Stephen Pair stated that speculation on future adoption drives Bitcoin’s (BTC) price more than “actual utility,” in an interview on CNBC Dec. 13.Speaking on the reasons behind Bitcoin’s current value, compared to its historic price highs, Pair told reporters:“A very big component of the [Bitcoin’s] price is certainly…

Ledger customers have reported receiving fake replacement devices in the mail, designed to phish private security information. 101 Total views 1 Total shares The consequences of Ledger's major data breach continue to be felt almost a year later. One contributor to the r/ledgerwallet forum on Reddit, writing under the tag “u/jjrand” and self-identified as one of those…

In an official statement, KuCoin Global CEO Johnny Lyu confirmed a major hacking attack on Sep. 26. The breach affected the firm’s Bitcoin (BTC), Ether (ETH), and ERC20 hot wallets, after private keys were leaked. Reports estimate the breach to have affected $150 million in user funds.Following the security breach, the price of Bitcoin barely…

BitMEX will launch a user verification program to create a more trusted and secure trading environment. Hong Kong based cryptocurrency derivatives exchange BitMEX will be launching a user verification program on August 28, requiring all customers to complete ID checks within the next six months.But as a sweetener, they’re offering a trading competition that’s only…

With 6,200 stakers and 39.9 trillion BTT locked, the BitTorrent Chain is already thriving and is set to supercharge Tron’s DeFi ecosystem with fast, low-cost cross-chain transfers.

The next cryptocurrency bull run will decide which public blockchains become the defining names of the industry, United Kingdom-based investor and entrepreneur Alistair Milne predicted in a Twitter thread Jan. 19.Milne, who is well known on Twitter in particular as a source of bullish statements about Bitcoin (BTC), said that any new price highs for…