Reuters / Dado Ruvic Bitcoin’s decentralized nature has been one of its biggest selling points, but imperfect storage methods have made millions of the tokens inaccessible. About 20% of the 18.5 million bitcoin in existence – worth about $140 billion – is estimated to be lost or stuck in locked-off digital wallets, The New York Times reported on Tuesday. For now, those coins are effectively trapped behind incredibly complex encryption and forgotten passwords. Solutions can… Source link

Typically, CNN loves delivering the latest news and rumors that is the Washington political circus. But in recent weeks, one of President Donald Trump’s least-favorite news outlet reported on the mercurial rise of bitcoin (CCC:BTC-USD). It’s no wonder – BTC has gone from $20,000 to $30,000 and most recently $40,000 (although cryptos have recently corrected). But the real star of the show could end up being ethereum (CCC:ETH-USD). Source: Shutterstock Though it perpetually… Source link

07 January 2021, North Rhine-Westphalia, Cologne: ILLUSTRATION – Bitcoin’s seen a lot of volatility, … [+] how might we assess it’s value? (Photo by Marius Becker/picture alliance via Getty Images) dpa/picture alliance via Getty Images Bitcoin’s has had a notable run in recent months. During the lows of pandemic in the March it traded below $5,000. Then in the fall and into 2021 it surged. It hit $20,000 in December, around the peak of the last run in… Source link

getty After yet another wild weekend of cryptocurrency movement, it’s possible to identify levels of danger for investors and for traders. Most trade-able assets take Saturday and Sunday off but not bitcoin and friends. The cryptos like to find new price levels or re-visit old ones, up or down, depending on the weekend. This time around, it’s the old levels that attract attention. If you’re a investor, for example, of Bitcoin, then you’re probably of the… Source link

PARIS, FRANCE – JANUARY 08: In this photo illustration, a visual representation of the digital … [+] Cryptocurrency, Bitcoin is on display in front of the Bitcoin course’s graph on January 08, 2021 in Paris, France. The value of Bitcoin (BTC) has exceeded the threshold of 41,000 dollars for the first time in history. The cryptocurrency continues its historic soar and just took $ 10,000 in five days on the optimism of the markets over the certification of Joe Biden’s… Source link

Bitcoin’s parabolic gains are attracting more regulatory scrutiny to cryptocurrencies — which the co-founder of a mining company says is positive for digital coins. Peter Wall, whose Argo Blockchain Plc is up 1,400% in the past year, said he sees Bitcoin “moving in one direction” as interest in the sector increases and institutional investors come on board. That’s naturally going to come with more regulatory attention, he said. “Like any sector, there will be a dance with… Source link

The Bitcoin price has risen more than 340% this year, causing some analysts to label it a ‘bubble’ Dado Ruvic/Reuters The Bitcoin price recovered on Tuesday to around $36,000 after sliding to just over $30,000 on Monday, as cryptocurrency volatility continued. Superstar investor Mark Cuban said in a tweet the more than 340% rise in price in the last year is ‘EXACTLY like the internet stock bubble’ of the 1990s. Yet Cuban said Bitcoin and Ethereum could ride out the bubble… Source link

Litecoin price declined heavily below $150, but it found support near $115 against the US Dollar. LTC is currently rising, but it is likely to face a strong resistance near $150. Litecoin started a strong decline below the $165 and $150 support levels against the US Dollar. The price is rising from the $115 zone and it is testing the 100 simple moving average (4-hours). Earlier, there was a break below a key ascending channel with support at $165 on the 4-hours chart of the LTC/USD pair… Source link

Monero bulls are focused on reclaiming the lost ground as eyes shift to $200. Zcash massively leads recovery among privacy-focused coins while drawing closer to the yearly high. Dash has reversed from the support at $100; buyers have eyes on $140 and $160, respectively. Bitcoin’s plunge to $30,000 negatively impacted altcoins at the beginning of the week. However, privacy-oriented coins managed to reverse the trend quickly, leading to a recovery in the market. Dash is… Source link

Monero price is up by more than 7% as investors react to the ongoing tech censorship in the United States. The XMR price is trading at $169, which is higher than yesterday’s low of $142. Other privacy cryptocurrencies like Dash, Tezos, and ZCash have also bounced back.  The background: For starters, Monero is the biggest privacy-focused digital currency with a market cap of more than $3 billion, making it the 15th biggest digital currency in the world…. Source link