The first ever physical transaction may have been completed on the Lighting Network two days ago, according to Reddit user /u/btc_throwaway1337, who purchased a VPN Router through a payment channel provided by TorGuard. The Lightning Network, designed to scale Bitcoin up for a global user base, functions by opening and recording a...
Bitcoin Price Key Highlights Bitcoin price recently broke past the descending trend line resistance and has reached the $13,000 level before making a correction. Applying the Fib extension tool on the breakout move shows the next potential upside targets. Technical indicators are also suggesting a pickup in bullish momentum. Bitcoin price could be...
It has certainly been an interesting and busy week for Blockstream. Earlier this week, Gregory Maxwell publicly announced his departure from the company. To many people, said news came as a big shock, although it may be better for Bitcoin in the long run. There’s some good news for...
US cybersecurity firm Recorded Future has released a new report linking Lazarus, a North Korean hacking group, to various South Korean cryptocurrency exchange hacking attacks and security breaches. In a report entitled “North Korea Targeted South Korean Cryptocurrency Users and Exchange in Late 2017 Campaign,” the firm’s researchers stated that...
Key Points Bitcoin price formed a major bottom at the $9096 low and recovered well against the US Dollar. The BTC/USD pair is currently attempting to settle above two bearish trend lines with resistance at $12,250 on the 4-hours chart (data feed from SimpleFX). The price must settle above the $12800 level...
One of the three major questions that the President of the European Central Bank will be answering via a series of videos on Feb. 12, 2018 is about cryptocurrencies and Blockchain. Mario Draghi will respond to the selected questions, whether Bitcoin offers a viable alternative to traditional currencies as well...
While many see the Lightning Network as the main hope for bitcoin's scaling issues, it's unclear whether many developers are actually working to make that a reality. According to Lightning Labs CEO Elizabeth Stark, there may be as few as 10 total full-time developers focused on implementations of the technology,...
Price analysis for BTC, BCH, ETH, LTC and ETC for January 20 Resistance: $12,400, support: $8,900 Comments: Overall, BTC remains bearish though price breaks above the 50% retracement level of the last major decline from $14,356 to $9,231.1, if price keeps moving up, however, it may reach to $12,40, close to the...
Bitcoin is under heavy surveillance on Bali, an island in the Indonesian archipelago, according to local reports. Central Bank officials are seeking to crack down on the use of the cryptocurrency anywhere in the nation. Causa Iman Karana, head of Bank Indonesia's representative office in Bali said: "We found out from some...
The views and opinions expressed here are solely those of authors/contributors and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. After a sharp fall, the...