Bitcoin bulls target prices above $58K ahead of Friday’s $820M options expiry

Everyone is talking about a six-figure Bitcoin (BTC) price now that the digital asset has broken out of its multi-month downtrend and confirmed that a bullish trend is in play.  If Bitcoin happens to enter a parabolic move toward $110,000, that would finally match PlanB’s Stock-to-Flow model prediction. According to the pseudonymous analyst, the scarcity and valuation of gold and other precious metals and “Elon Musk’s energy FUD and China’s mining crackdown” are a few of the… Source link

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Litecoin 10-Year Anniversary Arrives Alongside Altcoin’s Darkest Hour

On October 13, 2011, the Litecoin network first went live. Today marks ten years from the debut of digital silver, which has arrived at the same time as the asset has made a new all-time low against BTC. Is it lights out for Litecoin from here, or will this ten-year anniversary be the start of a dramatic turnaround the asset is known for. Litecoin Network Hits Milestone Ten Years On The Market Ten-year anniversaries are always a special event worth celebrating…. Source link

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Bitcoin Recovering Faster Than Equities as Buyers Remain Active

Bitcoin returned above $56,000 on Wednesday after trading in a tight range over the past few days. The cryptocurrency’s price is up about 3% over the past 24 hours compared to a 1% rise in ether over the same period. The recovery in cryptocurrencies over the past week has decoupled from equity markets, with bitcoin squarely in the lead with a near 18% price rise for the month to date. Meanwhile, the S&P 500 is down about 4% from an all-time high in September, albeit with less or a roller… Source link

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ASICWay Makes Crypto Mining Profitable for All

Published: Oct. 13, 2021 at 4:32 PM EDT|Updated: 2 hours ago SUNNYVALE, Calif., Oct. 13, 2021 /PRNewswire/ — ASICWay (www.ASICWay.com) is steadily emerging as a popular choice amongst crypto mining enthusiasts looking for guaranteed profit in quick time. The noted technology company’s recently released ASIC miners, AW 1, AW 2 and AW PRO have brought about a paradigm shift in how people approach crypto mining. Both these products can be used for mining Bitcoin, Litecoin, Ethereum, and Monero… Source link

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FreakOut Botnet Turns DVRs Into Monero Cryptominers – Threatpost

The new Necro Python exploit targets Visual Tool DVRs used in surveillance systems. Threat group FreakOut’s Necro botnet has developed a new trick: infecting Visual Tools DVRs with a Monero miner. Juniper Threat Labs researchers have issued a report detailing new activities from FreakOut, also known as Necro Python and Python.IRCBot. In late September, the team noticed that the… Source link

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US emerges as biggest Bitcoin miner after China crypto crackdown | Crypto News

China was the biggest miner of Bitcoin until authorities there effectively banned the practice. Now, the US has claimed China’s Bitcoin mining crown. By William MathisBloomberg The U.S. has become the world’s epicenter for Bitcoin mining after a crackdown in China effectively eliminated the practice in the former cradle of the industry. At the end of August, America accounted for 35.4% of the global hash rate, a measure of computing power used to extract the digital currency, according to… Source link

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The ‘man who broke the Bank of England’ finally likes Bitcoin — here are 3 easy ways to hop on

The ‘man who broke the Bank of England’ finally likes Bitcoin — here are 3 easy ways to hop on Bitcoin is rallying again, and this time it’s in large part to billionaire financier George Soros’ endorsement. Dawn Fitzpatrick, CEO and chief executive officer of Soros Fund Management, told Bloomberg last week that Soros’ family office owns “some coins, but not a lot.” The news sent the price of Bitcoin up nearly 10% to around $55,000. Known as “the man who broke the Bank of England,”… Source link

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An Engineer Is Trying To Sell Classified Information Of The Navy For Monero (XMR) Token: Why Is XMR So Desirable? – Own Snap – Own Snap

Today the token is trading at $3.85 lower compared to yesterday. In the morning there was a jump of 2% to $ 282.9. However, over the next two hours, it fell sharply by 4.4%. The current price is $274.3. About the latest news. The relevant authorities arrested a US Navy nuclear engineer for intent and attempt to sell secret military documents in exchange for $ 1,000 worth of Monero (XMR). According to sources, he planned to sell information about the construction of nuclear submarines of… Source link

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Catch the Bitcoin dip? BTC price pares losses with a fresh surge to $57K

Bitcoin (BTC) was back at $57,000 on Oct. 13 as a classic move left hopeful traders liquidated to the tune of $200 million. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader sees parallels to August price action Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching highs of $57,250 on Bitstamp, up almost $3,000 in under three hours. Reminiscent of multiple surges over the past week, Bitcoin thus gained 5.5% on the day, lining up a rematch of five-month… Source link

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Litecoin flips Ethereum in terms of active addresses; can it maintain this streak

Litecoin is undeniably one of the oldest coins in the crypto-space. However, with the emergence of newer coins, this “blue-chip” crypto has been losing its relevance. The coin that once used to stand right next to Bitcoin has been struggling to cling on to its 15th position of late. Nevertheless, Litecoin managed to script history recently, by outpacing Ethereum on a particular front. Litecoin flipping Ethereum? As per data from Santiment, Litecoin just flipped the largest alt in terms… Source link

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