Bitcoin

Depending on who you believe, computer scientist Craig Wright is either the mysterious Bitcoin creator Satoshi Nakamoto — one of the most influential men of the modern age and the 15th wealthiest person in the world — or a crafty Aussie who is trying to trick the world and cheat the estate of a dead man. Or both. In a court case now unfolding in West Palm Beach, Fla., Ira Kleiman, the brother of the late computer-security specialist David Kleiman,… Source link

Most of us wish we had invested in — or invested more in — Bitcoin. The world’s first cryptocurrency started out at around eight cents in 2010. And this year, it surpassed $60,000. Of course, it may not be too late to get in on this crypto titan. Some predict it will move even higher into the future. (And, as with many investments, others say just the opposite.) But you may not want to hop on the Bitcoin train this late in the game. Instead, you may… Source link

The price of bitcoin has dipped below the $60K zone, a number of people have been talking about the third-largest bitcoin address called “1P5ZED” which has accumulated thousands of bitcoin during the last few days. Nobody knows who the owner of the wallet is but it holds more than 111,359 bitcoin, as it’s been steadily accruing bitcoin since the wallet’s first transaction on February 5, 2019. While some assume the address is a mega bitcoin whale, onchain data indicates that… Source link

Is the global economy in uncharted territory now vis-a-vis Bitcoin (BTC) and inflation? During most of the cryptocurrency’s brief life, the economic environment has been generally pro-growth with stable prices but recently, there are fresh warnings of an inflationary storm.  If so, what does it mean for Bitcoin, long promoted by partisans as an inflation hedge though not really tested in this way since its 2009 founding? That is, will millions of individuals and institutions flock to BTC… Source link

Bitcoin is approaching bear market territory as the world’s largest cryptocurrency plunged almost 20 percent in less than two weeks. The crypto was down more than 5 percent Friday morning from a day earlier and was last seen trading at about $56,600 per coin, about 18 percent below its peak of $69,000 reached earlier this month. The price of bitcoin has now been on the decline for six straight days, and the downturn extends widely across… Source link

RocketFuel Blockchain CEO Peter Jensen comments on the future of cryptocurrency from Bitcoin Week in El Salvador Bitcoin was trading more than 3% lower Friday morning. The price was around $57,200 per coin, while rivals Ethereum and Dogecoin were trading around $4,160 and 22 cents per coin, respectively, according to Coindesk. GET FOX BUSINESS ON THE GO BY CLICKING HERE Bitcoin fell to a one-month low on Friday and was headed for its worst week in six months as traders have booked profits… Source link

Bitcoin (BTC) is demanding a “slightly bearish” rethink on price action as old support levels give way overnight. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analysts sounds alarm over open intere Data from Cointelegraph Markets Pro and TradingView showed a low of $55,640 on Bitstamp on Nov. 19. Capitalizing on its lowest levels in over a month, Bitcoin has failed to bounce significantly since — and now price forecasts are beginning to change with it. In his latest YouTube… Source link

What happened Volatility in the crypto market has continued to take bearish form today. Leading cryptocurrencies Bitcoin (CRYPTO:BTC), Ethereum (CRYPTO:ETH), and Polygon (CRYPTO:MATIC) all saw significant drops in early trading today. As of 1:30 p.m. ET, Bitcoin and Ethereum both traded slightly more than 4% lower, with Polygon down around 8.5% over the past 24 hours. It appears much of this move is a continuation of what we’ve seen this week in… Source link

Text size Dan Kitwood/Getty Images Democrats and Republicans in Congress are staking out sharply divergent views on Source link