Author: Thomas_Prendergast

Bitcoin Is Now Undervalued Suggests This Price Metric

Bitcoin Is Now Undervalued, Suggests This Price Metric Bitcoin's MVRV Z-score suggests the cryptocurrency is underpriced and could be trading near a major bottom. Short-term technical charts indicate scope for a test of price resistance near $5,900. A violation of an ascending trendline support on the four-hour chart would expose the recent low below $4,000. […]

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Brian Armstrong: Coinbase Custody Has 1 Billion of Crypto Under Management

Brian Armstrong: Coinbase Custody Has $1 Billion of Crypto Under Management During an on-stage discussion at Consensus, Brian Armstrong, CEO of major United States cryptocurrency exchange Coinbase, said that its custody service has already received $1 billion in crypto under management. Coindesk reported on Armstrong’s comments on Wednesday, May 15. Panel moderator and Wall Street […]

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What Drives Bitcoin Price?

What Drives Bitcoin Price? Bitcoin (BTC) is the most known and oldest cryptocurrency in the world. Countless people from all around the world want to make money through BTC investments. Any investment relies on what drives prices up or down. This is why one of the most important skills an investor needs to have is […]

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90 of Bitcoins on the Lightning Network Could be Lost to Attackers Following Current Lightening Implementation Research says

90% of Bitcoins on the Lightning Network Could be Lost to Attackers Following Current Lightening Implementation, Research says. In a paper published on the 16th of February, two researchers at the Hebrew University of Jerusalem, Ayelet Mizrahi, and Aviv Zohar have revealed weaknesses and possible solutions to the current lightening implementation on the Bitcoin network. […]

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Bitcoin Money Launderer Faces Decades in Jail

Bitcoin Money Launderer Faces Decades in Jail   A man from Bothell, Washington, is facing multiple charges for distributing drugs and for using Bitcoin to launder money. Kenneth Warren Rhule, aged 26, is facing the possibility of spending several decades in prison. He was charged yesterday in the U.S. District Court of Seattle with an […]

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XRP and Ripple will Revolutionize Money Transfers Says the President of Japan’s SBI

XRP and Ripple will Revolutionize Money Transfers, Says the President of Japan’s SBI Cryptocurrencies and blockchain technologies have the potential to change the way industries function today. Since the emergence of Bitcoin many enthusiasts have debated about the possibility of cryptocurrencies to replace the use of traditional money, but the financial sector is not willing […]

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