The price of Bitcoin (BTC) experienced a sharp downturn after Mt. Gox transferred $5.1 billion worth of Bitcoin to a new wallet. Alex Thorn, head of research at Galaxy Digital, has predicted that the majority of that BTC will get hodl’d. However, the analyst expects strong selling pressure for Bitcoin Cash (BCH). Thorn believes that these […]
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The latest Bitcoin news
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The infamous cryptocurrency exchange Mt. Gox has once again hit the headlines , as significant transfers from its cold wallet have begun. In just the past few hours, over 107,000 BTC worth over $7.2 billion has been transferred in several tranches to an unknown address. While massive withdrawals have been made, the Mt. Gox wallet still […]
Joe Grand, a prominent hardware hacker, has managed to gain access to a cryptocurrency wallet that contains $3 million worth of Bitcoin, The Wired reports. Grand managed to crack a password to the wallet after being contacted by an unfortunate crypto holder from Europe. An encrypted file that was storing the wallet’s RoboForm-generated password got corrupted, […]
Bitcoin exchange-traded products offered by 21Shares and WisdomTree have gone live on the London Stock Exchange (LSE), the 11th biggest stock exchange in the world by trading volume. As reported by U.Today, their listing was greenlit by the Financial Conduct Authority (FCA), London’s main financial regulator body, last week. However, they are unlikely to attract strong demand […]
The shares of Semler Scientific, a medical technology company that manufactures products and services for the early detection of chronic diseases, have soared more than 42% after the adoption of a MicroStrategy-like Bitcoin strategy. Earlier this Tuesday, Semler Scientific announced the acquisition of 581 Bitcoins for $40 million. Eric Semler, the company’s chairman, said that the flagship […]
Financial commentator Peter Schiff, known for his critical stance on Bitcoin, recently took to social media with a series of posts that blended sarcasm and financial speculation. Schiff suggested a hypothetical scenario where all publicly traded U.S. companies liquidate their assets, cease operations and invest the proceeds entirely in Bitcoin. He claimed this would cause each […]
Cover image via youtu.be Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial […]
Cover image via youtu.be Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial […]
Ordinals developer Leonidas Leonidas, who also founded the Runestone project, believes that Satoshi Nakamoto, the pseudonymous creator of Bitcoin, is “almost certainly aware” of the current meme coin frenzy on the blockchain if they are still alive. “It’s crazy to think that if Satoshi is still alive he is almost certainly aware of $DOG and the […]
Cover image via youtu.be Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial […]