Wednesday , 21 February 2018

Tag Archives: Bitcoin

Bitcoin price reaches $10K across major exchanges

Bitcoin is attempting to extend its recovery, its price is back above $10,000. The last notable time bitcoin, the number one cryptocurrency by market capitalization, passed this threshold was in December of last year as it charted a course to record highs around $20,000. Since the Feb. 6 low around $6,116 (as per CoinMarketCap) – a correction that saw bitcoin …

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Coinbase is finally adding Segwit support

After months of prevarication, Coinbase has announced that it will add Segwit support to its bitcoin wallets. In a tweet on Monday, Coinbase issued the news their customers have been waiting months to hear: “Our engineering team has begun the final testing phase of SegWit for Bitcoin on Coinbase. SegWit compatible Bitcoin sends/receives will be available for customers in the …

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The crypto market drops below $400 billion

It’s another day in the red for the cryptocurrency markets, as 97 of the top 100 cryptocurrencies have posted 24-hour declines against the US dollar. The Bitcoin price headlined the retreat by declining to an 80-day low, and other top coins fared equally as poorly. The total value of all publicly traded cryptocurrencies hit a combined $366 billion today, the …

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Major cryptocurrencies recover after correction

Major cryptocurrencies including bitcoin, Ethereum, and Cardano increased by more than 5 percent after a minor correction on January 26. NEM, which declined significantly in value after leading Japanese cryptocurrency exchange CoinCheck announced a $530 million hack into its NEM hot wallet, also recorded a 5.6 percent increase in price. Recovery Since a major correction occured in late December, most …

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57 Ukrainian officials declared over 21,000 Bitcoins

According to a recent study conducted by Opendatabot, 57 officials in Ukraine have declared ownership of over 21,000 bitcoins (BTC) as intangible assets over the past two years. Ukrainian officials are required to reveal their assets in an official electronic declarations process designed to reduce corruption. Opendatabot is a service that monitors the registration data of Ukrainian companies and officials. …

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Microsoft stopped accepting Bitcoin

According to various top threads, Microsoft seemingly stopped accepting the flagship cryptocurrency. One points to Microsoft following Steam’s footsteps in no longer accepting Bitcoin. The rumor stems from a Bleeping Computer article that claims the software and hardware giant did halt Bitcoin payments. On top of the thread, an r/Bitcoin admin stickied a post stating various users tried to find …

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RSK mined its genesis block

After nearly 3 years of preparation, RSK Labs has finally mined its genesis block at 1:41 am CST on January 4, 2018. RSK Labs CEO Diego Gutierrez Zaldivar commented: “We’re very excited to share the RSK mainnet network with the global community. It’s a great milestone for the company after years of hard work, but this is not only ours, …

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Peter Thiel’s Founders Fund bets millions on Bitcoin

Peter Thiel’s San Francisco-based venture capital firm Founders Fund has invested millions of dollars into Bitcoin (BTC), the The Wall Street Journal (WSJ) reported today, citing sources “familiar with the matter”. The firm’s initial investment in bitcoin amounted to around $15 million to $20 million, but the value of that investment now numbers in the hundreds of millions due to …

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SegWit2x scheduled for December 28th

The controversial SegWit2x Bitcoin (BTC) hard fork will go ahead on Dec. 28, according to the project’s official website.It is planned at block 501451, due in around two days’ time. Originally scheduled for November, the development team cancelled the fork amidst controversy and schisms in the community. In an official statement, the team recognized that they had “not built sufficient …

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