#btc

El Salvador President Addresses Rising Concerns Of Investors As Bitcoin Began Trading For Under $20K

Jun 21
2 min

El Salvador President Addresses Rising Concerns Of Investors As Bitcoin Began Trading For Under $20K

Reports said that Nayib Bukele, the president who helped Bitcoin (BTC) gain legal tender status in El Salvador, addressed the rising concerns of investors as BTC began trading for under $20,000 for the first time in 18 months. It has been reported that El Salvador introduced Bitcoin as a legal tender on September 7, 2021, when its market price was around $50,000. Ever since, Bukele’s government made significant returns on their initial BTC investments as Bitcoin rallied to it

El Salvador’s Bitcoin Adoption Gains Momentum During The Ongoing Bull Run

Oct 18, 2021
1 min

El Salvador’s Bitcoin Adoption Gains Momentum During The Ongoing Bull Run

Reports said that El Salvador’s mainstream Bitcoin (BTC) adoption gains momentum during the ongoing bull run as citizens increasingly exchange their United States dollar savings for Bitcoin. It has been reported that President Nayib Bukele shared this new development on Twitter based on the data acquired from El Salvador’s in-house wallet service, Chivo. Bukele said: “People are inserting way more USD (to buy #BTC) than what they are withdrawing from the Chivo ATMs.” However,

Bitcoin (BTC) Price Rallies Above $10,000 To A New Monthly High

Crypto News Point

Jul 27, 2020
1 min

Bitcoin (BTC) Price Rallies Above $10,000 To A New Monthly High

Bitcoin (BTC) price rallied above $10,000 to set a new monthly high at $10,315. This comes after a rather uneventful weekly close which saw Bitcoin on CoinMarketCap close above an important multi-year descending trendline. However, a few hours after the close, Bitcoin price surged above the $10,100 resistance zone. Weekly price chart. Source: Cointelegraph Analysts now expect traders to target $10,500, and above this level price with estimates ranging from $11,000, $14,000 an

Republic of Abkhazia Witnesses Increase In Illegal Crypto Mining

Crypto News Point

Jul 25, 2020
1 min

Republic of Abkhazia Witnesses Increase In Illegal Crypto Mining

The Republic of Abkhazia is witnessing an increase in crypto mining activities despite crypto-related activities being illegal since 2018. Customs have reported that over the past six months, mining hardware worth over $589,000 has crossed the border. Unlawful Crypto Mining is Booming within the Republic of Abkhazia | | Bitcoin (BTC) | https://t.co/I0XTopw1A7 — Bitcointe 💎 (@bitcointe) July 25, 2020 According to Nuzhnaya Gazeta, importing crypto mining rigs however, remai

Cloudflare Downtime Disrupts Internet Services Including Drop In Bitcoin Transactions

Crypto News Point

Jul 20, 2020
2 min

Cloudflare Downtime Disrupts Internet Services Including Drop In Bitcoin Transactions

Cloudflare downtime disrupts an array of internet services including a drop in Bitcoin (BTC) transactions. Cloudflare is a major company hosting a number of internet services and websites across the internet. Bitcoin engineer and expert, Jameson Lopp tweeted: The Cloudflare DNS outage can be seen reflected in the rate of bitcoin transactions broadcast, presumably because popular web wallets became inaccessible. pic.twitter.com/K0yatyOkLj — Jameson Lopp (@lopp) July 17, 2020

El Salvador Village Adopts Bitcoin-Friendly Economy Amid COVID-19 Crisis

Crypto News Point

Jul 19, 2020
2 min

El Salvador Village Adopts Bitcoin-Friendly Economy Amid COVID-19 Crisis

In the midst of COVID-19, a village located in El Salvador- El Zonte was hit hard by the pandemic. The community of the village took together to implement an economy based in Bitcoin (BTC) in response to it. According to Forbes, the BTC powered economy took a hold after multi-year six-figure donation was made to the village anonymously. While other tourist hot-spots continue to struggle as borders remain closed, the people of El Zonte have forged their own path forward, thank

Two 17-year-olds Arrested After Paying Bitcoin To Watch Live Streaming Murder

Crypto News Point

Jul 17, 2020
2 min

Two 17-year-olds Arrested After Paying Bitcoin To Watch Live Streaming Murder

In a shocking case, two 17-year-old Italian teenagers got arrested for paying Bitcoin (BTC) to watch children sexually abused and murdered in a live stream on the dark web. On July 15 Italian news outlet Il Messaggero reported that the site showcasing the nefarious crime also allowed users to pay extra to decide what kind of torture should the children be next subjected to. Le "stanze degli orrori" sul deep web: 17enni pagavano per vedere bimbi uccisi in diretta https://t.co/

A Massive Synchronized Twitter Hack Compromised Dozens Of Verified Twitter Accounts

Crypto News Point

Jul 16, 2020
3 min

A Massive Synchronized Twitter Hack Compromised Dozens Of Verified Twitter Accounts

A large-scale Synchronized Twitter attack affected top politicians, celebrities and cryptocurrency-related verified twitter accounts appeared including exchanges such as Binance, Coinbase, and Gemini, Kucoin and more. The attacker posted about fake giveaways from the compromised accounts, asking for BTC payments while promising to send back double the amount received. Each tweet involved a scam Bitcoin (BTC) giveaway or trap. Several bitcoin addresses were used, which togethe

Over 13,000 Bitcoin Addresses Holds $1M Worth Bitcoin

Crypto News Point

Jul 15, 2020
2 min

Over 13,000 Bitcoin Addresses Holds $1M Worth Bitcoin

There are over 13,000 Bitcoin (BTC) addresses worth at least $1 million, according to data from Glassnode. It takes about 107 BTC for an address to become a dollar millionaire, standing at its current price. However, since this metric is tied to the US dollar, BTC price tends to fluctuate. There Are Over 13K Bitcoin Addresses Worth $1Mhttps://t.co/WSMNoqLAlf There are over 13,000 Bitcoin (BTC) addresses that are worth at least $1 million, according to data from Glassnode.107

Blockchair Adds New Tool To Assess Privacy Score Of Each Bitcoin Transaction

Crypto News Point

Jul 3, 2020
2 min

Blockchair Adds New Tool To Assess Privacy Score Of Each Bitcoin Transaction

Multi-platform blockchain explorer Blockchair has added a “privacy-o-meter” feature for every Bitcoin (BTC) transaction that identifies which part is the change. This is a way to trace a chain of transactions on the blockchain. Even though the Bitcoin blockchain is theoretically transparent, however, in practice it can be hard to identify the true flow of funds. Privacy-o-meter will warn you if you’re doing things like reusing addresses or sending round amounts that lead to d

ISIS Affiliated News Website Moves To Monero From Bitcoin

Crypto News Point

Jun 26, 2020
2 min

ISIS Affiliated News Website Moves To Monero From Bitcoin

A news website for the terrorist organization group, ISIS known as the Islamic State of Iraq and Syria has adopted Monero donations after having taken donations in Bitcoin for three years. As reported by Blockchain intelligence company, Whitestream reported that a news website affiliated with the terrorist organization and the jihadist movement has updated its donations page on June 21 to only accept Monero. Now it's official, #ISIS moved to @monero to raise funds from the pu

LibertyX Allows Buying Bitcoin With Cash At 7-Eleven, CVS, and Rite Aid

Crypto News Point

Jun 24, 2020
1 min

LibertyX Allows Buying Bitcoin With Cash At 7-Eleven, CVS, and Rite Aid

LibertyX, a firm that launched one of the early Bitcoin ATMs, has just made buying Bitcoin in cash possible at more than 20,000 retail locations including 7-Eleven, CVS, and Rite Aid across the United States. On June 22 LibertyX announced that customers of retailers including 7-Eleven, CVS Pharmacy, and Rite Aid would be able to buy Bitcoin (BTC) with cash. Use cash and buy #bitcoin with LibertyX at 20,000 7-Eleven, CVS Pharmacy®, and Rite Aid stores nationwide. 0% conversion

Chinese Bitcoin Miner Ebang To Reportedly List On Nasdaq This Week

Crypto News Point

Jun 23, 2020
2 min

Chinese Bitcoin Miner Ebang To Reportedly List On Nasdaq This Week

Chinese Bitcoin (BTC) miner manufacturer Ebang will reportedly be listed on Nasdaq Global Market under the ticker EBON later this week. Ebang will become the second crypto mining company to go public in the United States. Chinese crypto news outlet Blockbeats reported that Ebang will be officially listed on Friday, June 26. Meanwhile, Blockstream chief strategy officer Samson Mow tweeted a screenshot of an invitation to a Ebang event held at a hotel in Hangzhou. Congrats to t

Carpooling App Ryde Launches Its Own BTC Payments Wallet

Crypto News Point

Jun 18, 2020
1 min

Carpooling App Ryde Launches Its Own BTC Payments Wallet

Singaporean carpooling app Ryde announced the launch of its own cryptocurrency wallet which will facilitate Bitcoin (BTC) payments for its service. On June 17, Ryde announced that it claims to be the first and only ride-hailing application to incorporate Bitcoin payments into its ecosystem. Customers will be able to use Bitcoin to pay their rides starting on June 22. Ryde’s wallet- RydePay will allow its users to convert Bitcoin into Ryde coins to top up their balance and pay

Ultimate Gift Ideas For The Bitcoin And Crypto Lovers In Your Life

Crypto News Point

Jun 14, 2020
4 min

Ultimate Gift Ideas For The Bitcoin And Crypto Lovers In Your Life

The following guide includes a curated list of gifting ideas ranging from some of the most practical, quirky to downright silly crypto-related products that you can purchase for the Bitcoin and crypto lovers in your life. If you know someone who is a bitcoin fanatic in your life, gifting them something that they like (other than bitcoin) isn’t an easy task. We too have been in the same place, and we get it. Taking this into consideration, we have broken down some of the best

Fake SpaceX YouTube Channels Steal $150K In Bitcoin

Crypto News Point

Jun 14, 2020
1 min

Fake SpaceX YouTube Channels Steal $150K In Bitcoin

Crypto scammers have stolen at least $150,000 by impersonating SpaceX YouTube accounts and hosting fake Bitcoin giveaways. On June 9 Bleeping Computer reported that several scammers hacked the legitimate YouTube accounts while changing the branding and content to match that of Elon Musk’s SpaceX channel. The channels then broadcasted archived footage of Musk as if it was a live event and asked viewers to send Bitcoin (BTC). Fake SpaceX YouTube channels scam viewers out of $15

Protesters Sets Lebanese Central Bank On Fire As Currency Collapses

Crypto News Point

Jun 13, 2020
2 min

Protesters Sets Lebanese Central Bank On Fire As Currency Collapses

Furious Protesters in Lebanon have set fire to the central bank in Tripoli concerning the country’s deepening economic crises as the currency collapses. On June 11 Joyce Karam of The National tweeted that the Lebanese pound (LBP) is trading for more than 5,000 per $1 in spite of the country’s official peg of 1,507 per dollar. This is a 20% depreciation since April and over 230% since the peg was respected in January. Massive unemployment, corruption among all in political cla

Unknown Whale Moves More Than $1 Billion In Bitcoin

Crypto News Point

Jun 12, 2020
1 min

Unknown Whale Moves More Than $1 Billion In Bitcoin

As Bitcoin continues to hold above $9,800, an unknown Bitcoin whale moves more than $1 billion in BTC. According to blockchain data from June 11, an unknown BTC trader moved over 132,255 BTC, roughly $1.3 billion in three transactions with just one minute apart The Bitcoin was moved in block 643,133. 3 bitcoin transactions worth over $1.3 billion in block 634,133 from CryptoCurrency The transactions came as the price of BTC was still under a key resistance level, $10,000. T

Jack Dorsey’s Cash App Now Allows Automatic Bitcoin Purchases

Crypto News Point

May 22, 2020
2 min

Jack Dorsey’s Cash App Now Allows Automatic Bitcoin Purchases

Cash app, a mobile subsidiary of Jack Dorsey’s payments company Square now allows users to make automatic purchases of bitcoin. CEO of Twitter Jack Dorsey’s mobile payment service Cash App had enabled automatic purchases of bitcoin at regular intervals, such as daily, weekly, or fortnightly: You can now do automatic recurring purchases of #bitcoin in @CashApp. Daily, weekly, or every 2 weeks. And change the display to sats. #stackingsats pic.twitter.com/kOlxQtkuwd — jack (@ja

50 BTC Mined In 2009 Just Moved From An 11-Year-Old Inactive Wallet

Crypto News Point

May 21, 2020
2 min

50 BTC Mined In 2009 Just Moved From An 11-Year-Old Inactive Wallet

A twitter bot alleged a recent bitcoin transaction of 50 BTC mined in 2009 came from an 11 year old inactive wallet possibly belonging to Satoshi Nakamoto, the protocol’s creator. “Whale Alert,” a popular Twitter bot account tracking on-chain transactions for multiple blockchains tweeted: 👤👤👤 40 #BTC (391,055 USD) transferred from possible #Satoshi owned wallet (dormant since 2009) to unknown wallet ℹ️ The coins in this transaction were mined in the first month of Bitcoin