Search Results for: Bitcoin

Here’s How the US-China Tension Could Benefit Bitcoin

Tensions between the US and China have risen in recent weeks. The US economy has declined in response, although some observers say it has also helped drive the bitcoin (BTC) cost lower to just under USD 12,000. While the further deterioration of US-China relations could benefit Bitcoin, figures from the crypto-industry told Cryptonews.com that sanctions […]

CWT Travel Management Company Pays $4.5M Bitcoin to Hackers

U.S.-based travel company CWT paid $4.5 million in a Bitcoin ransom to hackers who stole the company’s confidential data. According to Reuters’ July 31 report, CWT (formerly Carlson Wagonlit Travel) representatives paid 414 Bitcoin (BTC) ransomware hackers on July 27. About $4.5 million at the time — over two transactions. Blockchain data reveals that, within […]

Bitcoin

Bitcoin Up in a Year Again: Hits USD 11,000, Dominance Grows

It took one day for the most popular cryptocurrency, bitcoin (BTC), to climb from the long-awaited level of USD 10,000 to USD 11,000, boosting its market dominance and again showing positive returns in the past 12 months. However, even among the top 10 coins, BTC is still not the best performer. At pixel time (04:40 […]

Bitcoin Target $10,500 After BTC Managed a Strong Weekly Close

Bitcoin aim $10,500 after BTC managed a solid weekly close Within the last hour, the price of Bitcoin (BTC) surged above $10,000 to reach a new monthly peak of $10,315. The move came after a very uneventful weekly closing which saw CoinMarketCap’s top-ranked digital asset close above an significant downward trend of several years. A […]

Data Shows – Bitcoin Price Rally to $10K Has Not Shaken BTC Holders Yet

Bitcoin (BTC) might have kept just $10,000 for a matter of hours, but this moon isn’t like those in 2020, according to glassnode, an on-chain monitoring tool. On July 26 Glassnode submitted shocking data to five figures on Bitcoin’s new trip and indicated that the current journey over $10,000 would be much different from the […]

DeFi’s growth has been propelled by the increasing popularity of yield farming and Bitcoin tokenization protocols, according to ConsenSys.

DeFi’s Growth Propelled by Yield Farming and Bitcoin Tokenization: ConsenSys

According to ConsenSys, the increasing tokenization of Bitcoin and the advent of yield farming has powered the decentralized finance sector’s growth over the past three months. Ethereum-based DeFi’s second-quarter report highlights the importance of the total amount of tokenized BTC overtaking the volume of BTC on Bitcoin’s own layer 2 scaling solution, the Lightning Network. […]