Tag: Bitcoins

Bitcoin’s privacy tool, CoinJoin, obfuscates over $6m in a single transfer

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied More people appear keen to use Bitcoin’s onchain privacy methods going by the size of a recent CoinJoin transfer. On April 20, a Bitcoin CoinJoin, comprising 351 inputs, fused 209.70283337 BTC, confirming it on-chain before redistributing it through 336 outputs.  The CoinJoin allowed over $6m of value, at the time, to be moved privately on the Bitcoin network, protecting the identities of the senders and receivers. Bitcoin is pseudonymous, meaning the identity of the sender and receiver can…

Bitcoin’s dramatic plunge from $31k

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Bitcoin’s dramatic fall from its high of $31,000 has left the market reeling, with experts analyzing the factors that contributed to this sudden downturn and questioning the cryptocurrency’s future as a viable investment. After a seemingly unstoppable surge, bitcoin’s meteoric rise to $31,000 appears to have reached its peak, as the leading cryptocurrency has seen a significant decline in value currently sitting at $27,300. Market sentiment has shifted, and experts are trying to make sense of…

Bitcoin’s fall meets mining milestones

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The turbulence in the crypto market has recently intensified, as bitcoin (BTC) took a nosedive below $28,000, marking a decline of over 9% from its 90-day high of $31,005 on April 14.  As of April 20, BTC hovers around $28,044, leaving investors and traders to ponder the factors contributing to this decline.  Amid this price drop, bitcoin’s mining difficulty has skyrocketed to record levels, creating a fascinating contrast that deserves further exploration. BTC 24-hour price chart…

Robert Kiyosaki Expects Bitcoin’s Price to Keep Rising — Says ‘I’m Betting on It’ – Markets and Prices Bitcoin News

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The author of Rich Dad Poor Dad, Robert Kiyosaki, expects the price of bitcoin to keep rising. “I’m betting on it,” he said. Kiyosaki also shared that he bought 60 bitcoin when the price of the cryptocurrency was at $6,000 per coin. Robert Kiyosaki Expects Bitcoin’s Price to Keep Going Up The author of Rich Dad Poor Dad, Robert Kiyosaki, has expressed his confidence that the price of bitcoin will keep going up. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been…

Bitcoin’s ‘Store-of-Value’ Narrative Is Real but Not a Price Mover

Plus, with other “hard assets,” the price influences the potential supply. For instance, if gold were to surge from $2,000 to $20,000 per ounce, new extraction methods would become viable, boosting the theoretical cap. Bitcoin is the only asset traded on liquid exchanges for which the price has no influence whatsoever on the supply. It is the hardest of hard assets. Source

Bitcoin’s chart has some eerie parallels to gold in the 1970s

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Many investors have dismissed the notion that bitcoin could be a type of digital gold since the cryptocurrency has been trading like a speculative risk asset for much of the past two years. But about 50 years ago, gold did the same thing, Morgan Stanley said in a recent note. If bitcoin’s current moves continue to follow those of gold in the 1970s, the cryptocurrency could be in for some tough times ahead. In 1971, individuals could no longer convert U.S. dollars to a specified amount of gold. Since 2008,…

Winner of Canadian Lottery Jackpot Says Impostors Using His Name to Steal Bitcoins – Featured Bitcoin News

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The winner of the Canadian lottery, Scott Gurney, has confirmed that scammers impersonating him on Facebook have conned unsuspecting victims of their bitcoins. To counter the scammers, Gurney said he has stopped accepting or sending friend requests on the social networking platform. ‘Too Good to Be True’ The Canadian Lotto Max jackpot winner, Scott Gurney, has said individuals using his name have been asking social media users to donate bitcoins are likely scammers, a report has said. Gurney, who won $55 million, confirmed that one individual told him they lost…

Bitcoin’s dominance knocked by ETH’s post-Shapella rally

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Ether (ETH) prices have topped the psychological $2,000 level following the Shapella upgrade this week and the result is a decline in Bitcoin (BTC) market dominance. According to data from the analysis site btctools.io Ether’s market share climbed to 19.8%, an over 1.1% boost in the last 24 hours while Bitcoin’s dominance slid by just under 1%. Since the beginning of the year, ETH dominance has increased by 7.6%. Bitcoin’s market dominance has fallen to 47.7% as Ethereum’s market share increased. The post-Shapella ETH rally has knocked BTC off an…

Mike Novogratz on what’s driving bitcoin’s run to $30k

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Retail investors and crypto enthusiasts are the drivers behind bitcoin’s recent surge to $30,000, and don’t be surprised if the asset notches new highs over the next two years, according to Galaxy Digital CEO Mike Novogratz. “It’s about bringing people into the tent,” he told CNBC’s ” Squawk Box ” on Tuesday. “As price goes up, every crypto owner is reaching out to his friends or colleagues and saying, ‘Hey, you got to get in on this.’ And so, the adoption cycle always accelerates when the price is going up…

Every Modern Copy of macOS Contains a Copy of Bitcoin’s White Paper – Bitcoin News

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On April 5, 2023, the independent blogger Andy Baio published a post on his Waxy Blog that explained every version of macOS from Mojave 10.14.0 to the current version hosts a copy of Satoshi Nakamoto’s seminal Bitcoin white paper. Mac users can type a simple command in the terminal, and all nine pages describing Nakamoto’s invention will appear in a PDF version in the built-in image viewer, Preview. Blogger Discovers Bitcoin White Paper Hidden on Every macOS 10.15 or Later While celebrating Satoshi Nakamoto’s alleged April 5th birthday, bitcoin supporters…