If Your Bitcoin is Stolen, There’s Only a 20% Chance You’ll Ever Get it Back

If you’re ever so unfortunate as to become the victim of a bitcoin theft, there’s very little chance that you will ever see your cryptocurrency assets again. For this reason, security experts have suggested that only a fraction of these cases ever get reported, as victims believe they are not likely to retrieve stolen cryptocurrency. … Continued

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$571 Million: Notorious North Korean Hacker Group Has Stolen a Fortune in Cryptocurrency

Even though blockchain technology has all sorts of security applications, one thing is for sure: cryptocurrency exchanges are vulnerable to cybersecurity attacks, and hackers have exploited these flaws for massive gains. However, no hacker crew has been quite as successful as the infamous North Korean group of hackers, dubbed “Lazarus,” which is responsible for the

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Bitcoin Price Intraday Analysis: BTC/USD in Pullback Action

The bitcoin-to-dollar exchange rate started losing its grip on the sideways action, slipping almost a percent this Friday. The pair broke below 6400-fiat, the psychological support level of the previous trend, to establish new intraday lows towards 6356-fiat. The downside action appeared after bulls began to feel weak near the giant descending trendline formation that

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Bitcoin Volume Approaches Yearly Low Again as Market Deletes $6 Billion

Over the past 48 hours, the volume of Bitcoin (BTC) has fell substantially from over $5 billion to $3.8 billion, and is quickly moving to its yearly low. On CoinCap.io, ShapeShift’s official cryptocurrency market data provider, the volume of Bitcoin remains at around $2.54 billion. If the volume of BTC drops by around 15 percent

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Bitcoin Price Not Correlated to Futures Expiration Dates: Research

The common idea that the bitcoin price drops just before the cryptocurrency futures contracts expire has no solid basis, a new study published by Cindicator suggests. The report, titled Bitcoin Futures: Market Evolution, studied bitcoin volumes on futures and spot cryptocurrency exchanges to get an idea about the liquidity and development of the holistic trading market. … Continued

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Bitcoin Price Intraday Analysis: BTC/USD Forming Doji in Bull Trap

Bitcoin remains motionless as the price enter yet another day of anxious stability. The Bitcoin-to-dollar exchange rate is extending its sideways consolidation trend. The spike seen at the beginning of this week – mostly because of the Tether crash – is fading aptly in the absence of adequate bullish sentiment, halted near circa 6550-fiat. The

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Cryptocurrency Lender Sees ‘Meaningful Increase’ in Institutional Borrowing

As institutional investors wade increasingly further into the cryptocurrency ecosystem, they are contributing to a significant bump in demand for cryptocurrency lending services. Institutional Crypto Lending Tops $550 Million That’s according to the Q3 Digital Asset Lending Snapshot from Genesis Capital, who in March launched the cryptocurrency industry’s first institutional lending business. Since the service’s

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Bitcoin Breakout ‘Only a Matter of Time’: Analyst

Bolstered by stable trading volume, growing network activity, and increasing validation on Wall Street, the bitcoin price could be on the brink of a major move to the upside. Writing in daily market commentary made available to CCN, eToro senior market analyst Mati Greenspan said that the stars continue to align for a potential bitcoin

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Bitcoin Price Rises to $6,450 as Market Stabilizes, Has Crypto Hit a Bottom?

Over the past 72 hours, the cryptocurrency market experienced one of its wildest fluctuations in recent years, triggered by the sudden increase in the Bitcoin price. The unforeseen decline in the value of Tether (USDT), a stablecoin backed by the US dollar on a 1:1 ratio, led premiums on major cryptocurrencies like Bitcoin (BTC) and … Continued

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Next Bitcoin Bull Run Will See Crypto Market Rise ‘10x’: Pantera CIO

The co-chief investment officer of one the cryptocurrency industry’s largest investment firms said that he expects the next bitcoin bull run to carry the cryptocurrency market cap 1,000 percent above its current valuation. Pantera Capital’s Joey Krug made this prediction during an interview with Bloomberg, forecasting that the next upswing could propel the cryptocurrency market

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Bitcoin Price Intraday Analysis: BTC/USD Holds $6,400 Floor

The bitcoin-to-dollar exchange rate is holding above 6400-fiat as it goes towards testing major resistance hurdles to the upside. The pair moved 1.5 percent above its intraday low near 6346-fiat on Coinbase Pro while trading at over 7 percent premium rates on Tether-featuring exchanges. The volume, however, slowed down in contrast to Monday’s wild swings,

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Bitcoin May Have Just Experienced its Final Shakeout Before a Big Rally

On October 15, the price of Bitcoin dropped to $6,150, dangerously moving closer to its $6,000 support level which it has well maintained since early August. Due to its low volume, Bitcoin struggled to demonstrate momentum in the mid $6,000 region, failing to hold $6,550, a level it had held fairly well throughout the past … Continued

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Bitcoin Price Intraday Analysis: BTC/USD Goes Haywire as USDT Declines

Bitcoin on Monday pursued a fake upside action across several exchanges, mainly BitFinex, after stablecoin Tether (USDT) started falling. The BTC/USD responded to the upside action witnessed in the BTC/USDT market. USDT traders started exiting their positions amidst growing concerns about BitFinex’s insolvency and its impact on the coin’s liquidity. The more traders swapped USDT … Continued

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Bitcoin Price Explodes to $7,500 as Tether Loses USD Peg

IOTA priceBitcoin price surged 9 percent within hours as Tether started losing its grip on the USD-peg. The BTC/USD pair closed yesterday on a modest 2 percent gain in pennant formation action following the recent drop. Nevertheless, the couple started picking momentum during the early Asian trading session and jumped to as high as 7800-fiat from … Continued

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What’s Causing 2% Bitcoin Premium on Bitfinex? Possibility of Arbitrage

bitcoin priceOn Bitfinex, a leading cryptocurrency exchange, Bitcoin is being traded with a 2 percent premium based on the current price of $6,285. As BitMEX Research revealed, the premium of Bitcoin on Bitfinex continued to increase throughout the past week, during a period in which Tether (USDT) started to demonstrate a decline in price. Currently, on … Continued

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Tron, Augur Surge 5% Ahead of Major Upgrades, is $5,800 Imminent For Bitcoin?

bitcoin priceWhile Bitcoin (BTC) remains bear biased, Tron (TRX) and Augur (REP) recorded solid 5 percent gains against both BTC and the US dollar. The volume of Bitcoin has failed to recover from the low $3 billion region, down more than 30 percent since late September. Subsequent to falling by around 4 percent from $6,600 to … Continued

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Bitcoin Price Intraday Analysis: BTC/USD in Weak Upside Correction

Bitcoin priceThe Bitcoin-to-USD exchange rate has posted slight gains in the Friday session. Currently, the pair is trading above 6300-fiat, up +1.55 percent on the day. The weak upside correction comes after the mainstream stocks underperformed second-day in a row. Nevertheless, the lower market volatility suggests that the Bitcoin correction is only a minor adjustment in … Continued

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Bitcoin Futures Helped Cryptocurrency Market Achieve ‘More Sustainable Level’: CFTC Chairman

J. Christopher Giancarlo CFTC bitcoinWhen derivatives exchanges CBOE and CME launched the first regulated U.S. bitcoin futures contracts, many cryptocurrency bulls thought that this event would lead to a wave of institutional investment and propel the market toward even greater highs. Just days later, the yearlong bitcoin price rally stalled, and the flagship cryptocurrency — followed soon after by … Continued

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Crypto Market Erases $16 Billion in 24 Hours, Can Bitcoin Swiftly Rebound?

bitcoin priceWithin a period of 24 hours, from October 11 to 12, the valuation of the crypto market has declined from $217 billion to $201 billion. The 7 percent decline in the valuation of the crypto market was triggered by a sudden drop in the price of Bitcoin from $6,600 to $6,250. The 5 percent decrease

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Analyst: Bitcoin Needs Blessing From SEC to Rally, Market Desperate

bitcoin regulationNaeem Aslam, chief market analyst at Think Markets UK, has stated that Bitcoin needs a blessing from the US Securities and Exchange Commission (SEC) to revitalize and experience a recovery in price. According to Aslam, the approval of the first Bitcoin exchange-traded fund (ETF), which would allow accredited investors and individual traders in US markets

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