Tag Archives: Bitcoin

The amount of bitcoin held on exchanges has declined to a six-month low as the price of bitcoin has seen a 47% decline since its previous all-time high. Bitcoin held on exchanges has seen a continuous decline over the past couple of weeks. The supply held on exchanges has been declining since Mid-May. The current supply on exchanges based on the percentage of the total supply saw a new six-month low being hit.   Low supplies of BTC on exchanges is bullish On-chain analysis company Santiment Source link

Associated Press Scale, details of massive Kaseya ransomware attack emerge Cybersecurity teams worked feverishly Sunday to stem the impact of the single biggest global ransomware attack on record, with some details emerging about how the Russia-linked gang responsible breached the company whose software was the conduit. An affiliate of the notorious REvil gang, best known for extorting $11 million from the meat-processor JBS after a Memorial Day attack, infected thousands of victims in at… Source link

Bitcoin Bitcoin, BTC to USD, rose by 1.53% in the week ending 4th July. Partially reversing a 2.55% loss from the previous week, Bitcoin ended the week at $35,276. After a mixed start to the week, Bitcoin rose to a Tuesday intraweek high $36,600.0 before hitting reverse. Falling short of the first major resistance level at $37,302, Bitcoin slid to a Friday intraweek low $32,700.0. Steering clear of the first major support level at $30,717, Bitcoin moved back through to $35,000 levels to deliver… Source link

Reuters Pro-Trump social media app hacked on launch day as half million sign up A social media site launched on Sunday by Jason Miller, a senior adviser to former U.S. President Donald Trump, was briefly hacked, and more than 500,000 people have registered to use the site, Miller said. GETTR, a Twitter-style platform with posts and trending topics, has advertised itself on the Google and Apple app stores as “a non-bias social network for people all over the world.” A writer for Salon posted… Source link

The price of the world’s biggest cryptocurrency declined again on Friday. Photo: Liu Junfeng/Costfoto/Sipa USA Bitcoin (BTC-USD) looked set to register a weekly price decline, as the world’s biggest cryptocurrency lost value yet again on Friday morning. Bitcoin was down 1.4% against the dollar in early trade to reach $33,067 (£24,042). The early weakness raised the prospect of a third straight day of price declines for bitcoin, which is now below the $34,294 mark it started the week at. Other… Source link

Reuters Tesla top-of-range car caught fire while owner was driving, lawyer says A Tesla Inc Model S Plaid electric vehicle burst into flames on Tuesday while the owner was driving, just three days after the $129,900, top-of-the-range car was delivered following its June launch, an attorney for the driver told Reuters. The driver, identified as an “executive entrepreneur”, was initially not able to get out of the car because its electronic door system failed, prompting the driver to “use force… Source link

Tesla (TSLA) CEO Elon Musk recently spoke out regarding the energy consumption of bitcoin (BTC-USD) and other cryptocurrency mining operations, questioning the sustainability of current levels of power consumption and emphasizing the importance of adopting renewable energy sources.  However, Don Vo, CEO of VBit Technologies, told Yahoo Finance Live that he believes Musk is wrong about the issue. “I think Elon Musk is wrong, or maybe he’s just setting up a story for his front and his future… Source link

At the beginning of the year, the dominant narrative permeating cryptocurrency markets was that institutions were going to add large swaths of bitcoin to their assets. Big, established investors from hedge funds to Wall Street mainstays and blue-chip companies would be quick to jump on the bandwagon.  Now, as bitcoin (BTC) trades close to half of the all-time high of almost $65,000 reached in April, things are starting to look slightly different: Despite what looks like a clearance sale on… Source link

Robert Kiyosaki, author of New York Times bestseller “Rich Dad, Poor Dad” and founder of The Rich Dad Company, is sounding the alarm about an impending recession, recently tweeting a warning about an impending “biggest crash in world history.” He predicted that it would be a long economic downturn and encouraged people to buy and invest in gold, silver, and bitcoin (BTC-USD) while they can.  Kiyosaki joined Yahoo Finance Live to discuss why he thinks a market crash is coming as well… Source link

A deal between enterprise payments giant NCR and digital asset management firm NYDIG could see 650 US banks offer bitcoin purchases to an estimated 24 million customers. For example, community banks like North Carolina-based First Citizens Bank will be able to offer their clients cryptocurrency trading. Additionally, customers of credit unions such as Bay Federal Credit Union in California can also use mobile applications built by the payment’s provider. National Cash Register Atlanta-based… Source link