With only 21 million Bitcoin (BTC) to be issued, a little under 2.5 million BTC remains for mining. In a tweet, ChartBTC said the Bitcoin network already passed the 18.5 million BTC mark in circulation. This means there is less than 2.5 million BTC left, or about 11.9% of the total Bitcoin to be generated. ChartBTC pointed out half of the remaining 2.5 million BTC will be mined in the next four years. Since the genesis block back in 2009, the Bitcoin network has already undergone three… Source link

Get Forbes’ top crypto and blockchain stories delivered to your inbox every week for the latest news on bitcoin, other major cryptocurrencies and enterprise blockchain adoption. (Photo by studioEAST/Getty Images) CRYPTO MARKETS Bitcoin slumped with the stock market Monday, falling more than 5%, after miners began selling at a higher rate on Sunday. Ether cooled off as well, and the average DeFi token has slumped 30% to 40% in recent weeks. Bitcoin showed more… Source link

First episode of Monero TV is broadcast about its increased darknet market presence. New library for development involves Monero Core C++ code. Independent working group Monero Outreach has launched Monero TV, a product dedicated to the dissemination of news and content on the privacy coin. Monero TV has been created in keeping with Monero Outreach’s mission to educate people about Monero through “wide range of media outlets”. Monero TV has been defined as a “bootleg” station,… Source link

A pseudonymous Bitcoin (BTC) trader outlined 23 key technical and fundamental factors that could buoy BTC’s medium-term bull case. The data points shared by the trader, known as “Byzantine General,” fit into four major themes. They are a less overheated market, a neutralizing futures market, less leveraged traders and strengthening fundamentals. The Bitcoin futures market is neutralizing Since Bitcoin’s recovery from $10,300, a persistent narrative around the top cryptocurrency has been… Source link

Volatility was expected throughout the week regarding the expiration of a significant amount of futures. However, this didn’t really happen while the macro-economic environment also remains uncertain. A hack of a major cryptocurrency exchange on Sep. 26 didn’t influence the price at all, which is a positive signal for the markets and a positive signal for the market’s maturity. However, is this boring price action going to continue for Bitcoin (BTC)? Let’s take a look at the charts.

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 moved, however. Other major cryptocurrencies, including Ether and decentralized finance (DeFi) tokens also remain relatively unfazed by the hack. A… Source link

Bitcoin and cryptocurrency trading is not for the faint of heart, as Dave Portnoy, the founder of the Barstool Sports blog-turned stock market day trader, learned this year. The bitcoin price, which has been bouncing around $10,000 per bitcoin since the beginning of September, has climbed through a tumultuous 2020—adding around 45%. Now, Portnoy has revealed he’s completely cashed out his $1 million bet on bitcoin and warned he thinks the cryptocurrency market is nothing more than a… Source link

Ethereum Ethereum rose by 0.85% on Friday. Following on from an 8.89% jump on Thursday, Ethereum ended the day at $352.11. A bearish start to the day saw Ethereum fall to a late morning intraday low $337.63 before making a move. Steering clear of the first major support level at $330.63, Ethereum rallied to a late intraday high $358.12. Falling short of the first major resistance level at $360.39, Ethereum eased back to wrap up the day at $352 levels. At the time of writing, Ethereum was up by… Source link

Bitcoin (BTC) whale clusters indicate that the price could be in a short-term trend reversal after BTC’s recovery beyond $10,700. In the past two days, BTC price rose by nearly 6% from $10,135 to $10,755 across major exchanges. Whale clusters form when large investors accumulate Bitcoin and do not spend or move their holdings for significant periods of time. This typically indicates that whales expect BTC price to increase in the near term. The hourly map of Bitcoin whale clusters. Source: Source link

Compared with the traditional financial system, the cryptocurrency industry is evolving fast. Technologists are experimenting with the vast-reaching potential of blockchain. And regulation is typically immature, inconsistent and unevenly applied across international borders, allowing entrepreneurs to move fast and break things, as it were.  But there’s also no shortage of competition. The latest example comes from CoinDesk’s Ian Allison, who reported Thursday that Tron, the… Source link