Month: July 2019

Top Coins See Mixed Signals, Bitcoin Hovers Near $9,700

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Wednesday, July 24 — Most major cryptocurrencies are trading sideways, with a few experiencing minor losses today. Crypto markets are reporting mixed signals as of press time, according to data from Coin360. Market visualization. Source: Coin360 The leading cryptocurrency Bitcoin (BTC) has been trading under the $10,000 price mark today, having lost almost 4% over the past 24 hours. At press time, BTC is trading at $9,720. Cryptocurrency data website Coinmetrics reported yesterday that the amount of BTC held in a single address unmoved for at least five years recently…

Man From Belgium Tells Judge He Is Satoshi

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A new person has stepped forward and claimed to be Satoshi Nakomoto, the pseudonymous creator of Bitcoin (BTC). Debo Jurgen Etienne Guido made his claim in a letter filed with a federal courthouse in Florida on July 22.  Guido addressed his letter to Judge Bruce Reinhart — the judge overseeing the ongoing Kleiman v. Wright case. Guido wrote: “I hereby testify, by written letter — I am the genuine and only originator/creator of the genesis block of the Bitcoin blockchain. I used the handle Satoshi Nakamoto and mail Satoshin@GMX.com to…

No Companies Have Officially Joined Libra Association Says Visa CEO

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Alfred F. Kelly Jr., the CEO of Visa, said that no companies have officially joined Libra. At this stage, the 20-some companies involved with the foundation have reportedly only declared interest via a nonbinding letter of intent. According to an apparent transcript of a Q3 2019 earnings call for Visa dated July 23, Kelly said: “We have signed a nonbinding letter of intent to join Libra. We’re one of – I think it’s 27 companies that have expressed that interest. So no one has yet officially joined.”  As per the…

Bitcoin Survey Shows Major Distrust Abounds for Facebook’s Libra

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A new Bitcoin survey asking US citizens about Facebook’s (NASDAQ:FB) new Libra stablecoin has yielded some surprising results. When compared to leading cryptocurrencies, only 2% felt they would trust Libra more than Bitcoin. The results may surprise traders and also raise questions about Facebook’s newest endeavor. Bitcoin Survey A poll of 1,799 US adults was carried out since Facebook launched its Libra white paper in mid-June. The most shocking result was that, as stated, an overwhelming majority of those asked said that when compared with Bitcoin, they don’t trust Facebook’s Libra coin.…

Bitcoin Survey Shows Major Distrust Abounds for Facebook’s Libra

boss

A new Bitcoin survey asking US citizens about Facebook’s (NASDAQ:FB) new Libra stablecoin has yielded some surprising results. When compared to leading cryptocurrencies, only 2% felt they would trust Libra more than Bitcoin. The results may surprise traders and also raise questions about Facebook’s newest endeavor. Bitcoin Survey A poll of 1,799 US adults was carried out since Facebook launched its Libra white paper in mid-June. The most shocking result was that, as stated, an overwhelming majority of those asked said that when compared with Bitcoin, they don’t trust Facebook’s Libra coin.…

Container Software Vulnerabilities On the Rise, Mining Malware is Fading Away

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Cryptocurrency ransomware, botnets and backdoors seem to have replaced cryptocurrency mining malware as the tool of choice for cybercriminals, according to a recent report from computer security firm Skybox Security. In its report dubbed “2019 Vulnerability and Threat Trends: Mid-Year Update,” Skybox reviews software vulnerabilities and newly developed exploits, as well as malware and attacks, among other related issues. Cloud services vulnerabilities are on the rise When it comes to digital currencies, the report notes that in 2018, cryptocurrency mining malware was the most popular tool for cybercriminals. However, following…

Price Analysis 24/07: BTC, ETH, XRP, LTC, BCH, BNB, EOS, BSV, XLM, TRX

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Following criticism from Donald Trump and increased millennial interest in crypto, Bitcoin is at a make or break level. What should traders do now? The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. The crypto community was divided after United States president Donald Trump tweeted against cryptocurrencies. Some speculated that a ban by Trump…

2% of Americans Trust Facebook’s Libra More than Bitcoin: Research

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Just 2% of Americans trust Facebook’s Libra more than major cryptocurrency Bitcoin (BTC), according to a recent survey by CivicScience. United States-based polling company CivicScience recently conducted a survey of 1,799 American adults to find out the general trends and public concerns over Facebook’s not-yet-launched cryptocurrency Libra. According to research results released on July 22, at least 40% of respondents claimed that they trusted Libra less than Bitcoin and other cryptocurrencies such as Ether (ETH) and XRP. 35% stressed that they trust Libra much less than Bitcoin, according to the…

This Crypto Is Up Over 140% Against Bitcoin & Could Be Just Warming Up

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The strong rise of bitcoin from $3,693.85 at the start of 2019 to highs of $13,880 last month has left many altcoins in ruins. Many people have dumped their crypto tokens in favor of the surging bitcoin. While other crypto tokens suffered brutal devaluations against bitcoin, there’s one that has managed to go against the tide. Ren (REN/BTC) opened the year at 549 satoshis. Seven months later, it climbed as high as 1,342 satoshis. That’s an impressive 144.44 percent gain while almost every cryptocurrency has nosedived against bitcoin. The best…

Bitcoin SV Successfully Performed a Hard Fork Amid Timing Confusion

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Bitcoin SV (BSV) successfully increased its block size limit today amid confusion regarding the scheduled fork time.  According to a BitMEX Research tweet on July 24, Bitcoin SV was expected to fork at 2 p.m. UTC today, but the website of the BSV-promoting Bitcoin Association claimed that the upgrade was scheduled for 1 p.m. GMT (1 p.m. UTC). The reason why the exchange’s research arm expected the fork to happen on 2 p.m. UTC is that the code of the network upgrade itself defined the fork time to be at…