Bitcoin 

Bitcoin Breaks $9,000 In Latest Landmark Price Point

Thursday, May 30 —  in the latest milestone of its renewed bull run, bitcoin (BTC) today broke past $9,000, soaring to its highest price point in over a year. Most of the top 50 cryptocurrencies are seeing solid green, as Coin360 data shows. Market visualization courtesy of Coin360 Bitcoin broke the psychological price point of $9,000 earlier today, hitting a high last seen in early May 2018. To press time, the top coin is up 1% on the day and is trading at $8,802, according to CoinMarketCap data. In recent…

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Ethereum 

Bitcoin Hits Highest Price Point in Over a Year, Pushing Toward $9,000

Monday, May 27 —  following a mild correction yesterday, the crypto markets have seen strong positive momentum today, with bitcoin (BTC) soaring to its highest price point in over a year. Virtually all of the top 50 cryptocurrencies are seeing solid green, as Coin360 data shows. Market visualization courtesy of Coin360 Bitcoin has reported over 9% in growth on the day and is trading at $8,727 by press time. Having briefly dipped below $8,000 yesterday, May 26, the top coin saw a sharp rally kick in towards the evening. Bitcoin…

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Ethereum 

Bitcoin Touches $8,200, Gold Hits Its Highest Point Since April

Wednesday, May 15 — All of the top 20 coins are in the green after seeing some losses over the past day, with some reporting double-digit gains, according to Coin360. Market visualization by Coin360 The leading digital currency bitcoin (BTC) is up over 4% on the day, trading at $8,135 at press time after reaching above $8,200. Earlier today, bitcoin dropped under the $8,000 price point to trade as low as $7,807. On its weekly chart, bitcoin saw its lowest price point at $5,942 on May 8, while its highest…

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Bitcoin 

Financial Advisory Firm Says Past Market Trends Point to Bitcoin at $20,000 by 2021

Financial advisory firm Canaccord Genuity has predicted that bitcoin (BTC) could hit $20,000 by 2021 based on retrospective projections in an analysis published on May 9. This prediction is based on a close similarity between the four-year price cycles of bitcoin during the 2011–2015 and 2015–2019 ranges, as shown in the following graph: Bitcoin price cycles. Source: Canaccord Genuity Canaccord Genuity points to the bitcoin mining rewards schedule as a possible cause for these four-year price cycles, since the reward drop — which decreases by 50% for every 210,000 blocks…

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Bitcoin 

CoinBene Claims Maintenance, a Month of Questions Point Toward a Hack

Remember CoinBene, the cryptocurrency exchange platform that denied being hacked at the end of March 2019, and instead saying it was undergoing maintenance? Well, it turns out the platform is still under maintenance, or so the company says. Meanwhile, Cointelegraph has received exclusive details from stakeholders reportedly affected by the situation. These reports, for the most part, were only discussed on social media platforms like Twitter and Telegram but have yet to make an appearance on the cryptocurrency news circuit — until now. The CoinBene saga — timeline of events…

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Ethereum 

Bitcoin Breaks $3,600 Price Point, Some Top Cryptos See Double-Digit Gains

Friday, Feb. 8 —  Bitcoin (BTC) has broken the $3,600 price point, with all of the top 20 digital currencies making significant gains on the day, according to data from Coin360. Market visualization from Coin360 In the middle of the day, BTC spiked above the $3,450 mark and at press time the leading cryptocurrency is trading at around $3,640, making a 7.03 percent percent upturn over the day. On its weekly chart, BTC started the week at around $3,493 on Feb. 1, dipping as low as $3,398 on Feb. 7.…

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Ethereum 

DApp Survey Highlights Poor User Uptake as Major Pain Point for Developers

Decentralized data aggregator Fluence Labs highlighted user uptake as the number one problem facing decentralized app (DApp) developers in a new survey released on Jan. 29. The DApp industry, which began using the Ethereum blockchain in 2017, has since grown to number around 1,800 products, according to listing resource DappRadar. Fluence notes that of the 900 projects they found that had contacts available, 160 projects filled out their survey. EOS and TRON have since risen to compete with Ethereum as host blockchains, the latter nonetheless still being home to 87…

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Bitcoin 

Cyber Security Firm Check Point Research Reports of ‘Evolving’ Monero Cryptojacker

Cyber security firm Check Point Research has found that the KingMiner cryptojacker targeting cryptocurrency Monero (XMR) is “evolving,” according to a company’s blog post published Nov. 30. KingMiner was purportedly firstly detected in mid-June, subsequently evolving in two improved versions. The malware attacks Windows Servers by deploying various evasion methods to skirt its detection. Per Check Point data, several detection engines have registered significantly decreased detection rates, while sensor logs have shown a growing number of KingMiner attacks. The firm has been monitoring KingMiner activity over the past six months…

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