Michael Saylor on Bitcoin Scarcity: Not Enough BTC for Everyone

With roughly 60 million millionaires in the world, 21 million BTC in total supply might not be enough.

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Metaplanet Boosts Bitcoin Holdings to 8,888 BTC with $117.5 Million Purchase; Strategy Adds 705 BTC for $75 Million

Сообщение Metaplanet Boosts Bitcoin Holdings to 8,888 BTC with $117.5 Million Purchase; Strategy Adds 705 BTC for $75 Million появились сначала на Coinstelegram.

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Bitcoin (BTC) on Verge of Epic $600 Million Short Squeeze: Details

If Bitcoin (BTC) hits this price, bears could lose $600 million

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Metaplanet Discloses $1.6M BTC Purchase; Shares Jump 10%

Japanese investment firm Metaplanet has disclosed an additional bitcoin {{BTC}} purchase worth 250 million yen ($1.58 million), taking its total holdings up to 141 BTC ($9.4 million).

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Dormant Bitcoin whale resurfaces after 10 years, moves $44 Million in BTC

A decade-old Bitcoin whale wallet stirred the crypto world after moving $44 million worth of BTC, prompting speculation and market concerns.

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Square Is Up 100% on Its $50 Million Bitcoin Purchase

Following MicroStrategy, the Bitcoin-friendly fintech company Square shocked the space earlier this year when it revealed it would be deploying capital into BTC. The large Silicon Valley firm spent $50 million from its balance sheet, around 1% of its assets, on BTC.

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Bitcoin Pumps on Square’s $50 Million BTC Purchase

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Over 18000 BTC worth over $200 million moved

It has been an interesting past week for Bitcoin as the price surged past $12,000 mark but at press time, it was hovering again in the lower range of $11,000 after witnessing a 6 percent fall on 10 August.

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Bitcoin Investor Files Class Action Lawsuit Worth $22.5M Against Israeli Bank

As per an all-new report released by a media outlet called BlockTV yesterday, an investor (whose identity is not known at this time) has issued a lawsuit against Israeli bank Hapoalim (worth approximately $22.

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Crypto Tumbler Used By Binance Hackers to Funnel $80 Million

The hackers responsible for the Binance hack back in May are reportedly using a crypto mixer to launder their booty. Trying to Launder Loot from Bitcoin Hack Under the Radar According to a report by blockchain forensics firm Clain, the hackers who stole more than 7,000 BTC from Binance are trying to use Chipmixer to funnel their crypto loot.

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Whales Control 80% of Global Tether Supply

Whales reportedly own about 80% of the total Tether (USDT) supply sparking fears of bitcoin (BTC) price manipulation. Tether Whale Supremacy According to a report by Coin Metrics, 318 addresses own 80% of the current total supply of the Tether stablecoin.

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Coinbase volume signals lack of altcoin interest, BTC dominates

Coinbase announced that it is planning to add 90 percent of all cryptocurrencies by aggregate market capitalization to its platform. Despite Coinbase’s commitment to listing more crypto assets, trading volume on Coinbase Pro shows lackluster investor interest in altcoins while BTC dominates trading volume.

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$524 million Bitcoin withdrawn from BitMEX in July

Net outflows show that more than half a billion dollars worth of Bitcoin left BitMEX in July, making the month the single-biggest for total customer withdrawals on record. With a net outflow of $524 million in BTC, July was the first month the exchange (the largest crypto margin trading platform by daily volume) had parted […] The post $524 million Bitcoin withdrawn from BitMEX in July appeared first on CryptoSlate.

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XRP worth an approximate $100 million moved as Bitcoin surges by 10%

Crypto community is enjoying the BTC bull ride as it breached the $11,000 mark. Bitcoin’s price surge became an opportunity for crypto enthusiasts and investors. WhaleAlert, the online cryptocurrency tracker, reported a transfer of funds worth 28,000,000 XRP in 10 drops from rs8ZPbYqgecRcDzQpJYAMhSxSi5htsjnza to rJb5KsHsDHF1YS5B5DU6QCkH5NsPaKQTcy.

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One Satoshi Is Now Worth More Than 7 National Currencies

A satoshi isn’t worth much, but that’s by design. At one hundred-millionth of a bitcoin, it’s the smallest unit BTC is divisible into. If bitcoin price hits $1 million, then a microbitcoin (mBTC) will be worth a dollar, and a satoshi, the equivalent of one cent.

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If Bitcoin (BTC) Turns $11,300 Into Support, Bull Run is Back On

Bitcoin (BTC) has managed to extend its gains into the weekend. As of the time of writing this report, the cryptocurrency is trading at $10,850, having flirted with prices a tad higher than $11,000 on Saturday.

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3.2 Million BTC Remaining and Forward Looking Investors are Ramping Up

As we near the next Bitcoin halving event, only 15 percent of the 21 million BTCs are left to be mined. Now, miners are scrambling for the remaining scarce coins estimated to be 3.2 million....

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Square Inc’s strong Bitcoin revenue numbers highlight its growing stature as a crypto-payments service

Organizations associated with the world’s largest cryptocurrency, despite the coin’s lacklustre performance over the past few weeks, have crunched out impressive numbers in Q2 of 2019.

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85% of All Bitcoin Have Been Mined: Does Scarcity Create Value?

Despite the fact that Bitcoin is 50% down from its all-time high of $20,000, the project has continued to set milestones. As noted by countless cryptocurrency Twitter users on Wednesday, the number of Bitcoin that has been mined has officially surmounted 17,850,000.

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Chinese Bitcoin Mining Firm Canaan Is Rumored To Have Filed For IPO In The US: IFRAsia Findings

A major Bitcoin (BTC) miner manufacturer from China called Canaan Creative is rumored to have just filed for an Initial Public Offering (IPO) in the United States. According to IFRAsia, some inside sources have claimed that the Chinese company wants to be listed on the U. S. and has the goal of acquiring $200 million […]

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Square Payment App Looking To Source a New Symbol For Bitcoin’s Satoshi Unit

A Satoshi (sat) is the smallest unit of Bitcoin. While a single BTC has eight decimal places, it consists of 100 million Satoshi. Its name derives from the mysterious creator of Bitcoin, Satoshi Nakamoto.

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BitMex Leverage Trading Could Be Behind Fluctuation of Bitcoin Prices

Over the weekend, over $50 million worth of Bitcoin (BTC) were liquidated at BitMex. Analysts say prices are wildly fluctuating because of the high leverage availed by the P2P trading platform.

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Bitcoin whale moves $468 million crypto-fortune for less than $400

A cryptocurrency whale has moved a groin-thumping Bitcoin fortune worth $468. 5 million — and they paid just a few hundred bucks for the pleasure. 49,756 #BTC (468,491,827 USD) transferred from unknown wallet to unknown wallet Tx: https://t.

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Jack Dorsey’s Square Cash App Is Giving Away Bitcoin (BTC)

Cash App on its Twitter announced the give away on June 26. The tweet has gone viral since then with 35. 6K retweets and having received 40. 8K likes. #SuperCashAppFriday hashtag is trending on twitter as well.

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Bitcoin (BTC) Price Drops 7% Due to Weak Technicals, Intensifying Sell Pressure

Bitcoin (BTC) is down 7. 7 percent from last week’s close. Steven Mnuchin, the U. S. Secretary of Treasury, is calling for unity amongst regulators. The U. S. Attorney’s Office of the Southern District of New York has charged Jon Barry Thompson of Volantis Escrow Platform LLC, for lying and stealing $7 million from clients.

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Nearly 4 million Bitcoin worth over $40 billion unmoved in five years

The number of “untouched” Bitcoins increased significantly over the past five years, according to recent data from CoinMetrics. Nearly 4 million BTC, an amount currently valued at around $40 billion, has not moved from wallets that may be holding the cryptocurrency as a store of value.

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Binance Coin (BNB), Bitcoin SV And ChainLink Nearest To Their All-Time Highs

Binance’s Binance Coin is now emerging as the best performing cryptocurrency of 2019, despite its recent $40 million BTC hack loss. As per market data, it is the closest altcoin to its all-time high value, followed by Chainlink and Bitcoin SV.

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21% of Bitcoin Hasn’t Moved for Five Years, Stroking Monumental Supply Shock

A record amount of bitcoin is sitting dormant, according to statistics by Coinmetrics. The report reveals that 21. 6 percent of the total BTC supply hasn’t moved for five years – that’s almost 4 million coins.

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Bitcoin chartists on the up-and-up as TradingView reels in 2.5 million BTC traders

They say art is relative to the times. Well, crypto-charts are certainly a unique form of art too. With Bitcoin’s price constantly fluctuating, the community often turns to stalwart chartists who try to make sense of it all and give everyone a support to fear or a resistance to crave.

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XRP Continues To Expand Despite Negativity Over the Ripple Coin Price

During July, XRP ahs outperform both Ethereum (ETH) and Bitcoin (BTC) in terms of the numbers of transactions processed by the network. According to data provided by BitInfoCharts, the XRP Ledger registered more than 1.

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Lightning Network Bitcoin Capacity Approaches $10 Million While Nodes Hits Above 9k

The nodes on the second layer on Bitcoin network reaches 9,091 Cryptocurrency exchange Bitstamp opens its own LN node while some nodes claimed 2.2 BTC in “justice transactions” Network capacity takes a drop, in inverse correlation with the BTC price The second layer on the biggest cryptocurrency Bitcoin, Lightning Network (LN) continues to grow as […]

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Bitcoin developer defends scarcity index amidst criticism from rival crypto-proponent

A lot of factors together contribute towards Bitcoin’s valuation. The most talked about factor is the Scarcity index. There can only be 21 million Bitcoins in the world, and ardent BTC supporters and developers of the space have defended their beloved virtual asset on the basis of this scarcity argument.

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$85M of Bitcoin Leaves BitMEX in Single Day in Wake of CFTC Rumor

BitMEX Sees Massive Bitcoin Outflow Users of BitMEX seem to be running scared. According to a Bitcoin blockchain analysis by TokenAnalyst, $85 million worth of BTC has left the exchange in the past 24 hours,.

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Bitcoin Whales Move Over $380 Million In Less Than Three Days

The week is coming to an end and the whales have as usual moved tons of dollars in crypto. The number one cryptocurrency, Bitcoin, unsurprisingly came out at the top with a total of more than $380 million moved in BTC.

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Ethereum’s Wrapped Bitcoin Set to Eclipse Lightning Network Capacity

Since the project launched a little over six months ago, Wrapped Bitcoin (WBTC) has roughly $5. 9 million or 558 BTC locked into the system. At the rate WBTC’s token contract is climbing, the project is close to surpassing the Lightning Network’s capacity in the near future.

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Israeli National Embroiled In Crypto Scam Estimated To Be Over $1.7 Million

According to an all new report, a 31-year-old Israeli citizen named Eliyahu Gigi has been accused of laundering over $1.7 million worth of crypto assets across the globe. It is alleged that Gigi was involved in the illegal procuration of a number of digital currencies such as BTC, Ethereum, and Dash. The aforementioned story states […]

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Notorious Israeli Crypto Criminal Dragged to Court 

Eliyahu Gigi, a notorious Israeli hacker who allegedly stole NIS 6. 1 million ($1. 7 million) in bitcoin (BTC) ether (ETH) and other altcoins from foreign citizens through illegal means, has been indicted by Israeli authorities, reports local news source Globes on July 18, 2019.

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Find out how long until John McAfee must eat his own dick (cos Bitcoin)

Two years have passed since cybersecurity wild-man John McAfee first told the world he would eat his own dick if his Bitcoin price prediction didn’t come true — and things still aren’t looking good.

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New York City College Struck by Ransomware, $1.9 Million in Bitcoin Demanded

Munroe College in Manhattan has been hit by a ransomware attack that has shut down the college’s computer systems. The hackers are demanding 170 bitcoin (BTC), which is roughly $1. 9 million. The malware infection came to light on the morning of July 10, but the specifications of the infection are still largely unknown, as reportedRead MoreRead More.

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John McAfee doubles down on $1 Million BTC price prediction, says recent dip is just a normal weekly fluctuation

The cryptocurrency market is becoming more disturbing as there seems to be no short term hope. This is more troubling for Bitcoin holders and enthusiasts as the number one cryptocurrency’s future is getting more uncertain after raising their hopes and expectations.

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Bitcoin Retreats While Tether Printers Churn Out More USDT

The downward slide continues today as bitcoin drops closer to support once again. Meanwhile, the Tether printers keep on churning out new currency as another 50 million USDT tokens enter the market.

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Fundstrat’s Tom Lee Says Trump Blasting Bitcoin Via Twitter Will Push Price To $40,000 BTC/USD

On July 11, US President Donald Trump gave 61.9 million people exposure to Bitcoin and cryptocurrencies. Though, it might not be positive, yet, it’s a start. Awareness, curiosity, knowledge, and maybe acceptance will make its way to not only Trump's audience of million people but all over the world. This is basically the validation of […]

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Bitcoin (BTC) Absorbs Sell Pressure, Will $11,200 Hold?

Bitcoin (BTC) up 2. 8 percent Hackers strike Bitpoint, user funds stolen Bitpoint is the latest Japanese exchange to lose customer funds through a hack. In an announcement, the exchange said it lost $32 million worth of Bitcoin, Litecoin and other coins stored in their hot wallet.

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Japanese Crypto Exchange Bitpoint Loses $32 Million In Hack; BTC, BCH, ETH, LTC, and XRP Stolen

The hacking attempts at cryptocurrency exchanges are becoming more and more prevalent as yet another exchange lost over $32 million USD worth of cryptocurrency funds. The hack on Japan’s BitPoint led to the indefinite closure of withdrawal, deposit and trading services on the platform leading to several questions on the security of the exchange. This […]

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Binance Hack: $8 Million in Bitcoin Moves As Price Hits $12K

The group that hacked cryptocurrency exchange Binance for 7,000 Bitcoins in May appear to be capitalizing on BTC’s bullish price move above $12,000. $8 Million in Stolen Bitcoin From Binance on the Move As reported by TNW, on July 8 more than $8 million in stolen Bitcoin from cryptocurrency exchange, Binance was moved.

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Whales Move $532 Million Worth of Bitcoin In Less Than Three Hours

In the early hours of today, Bitcoin surged from $11,400 to around $11,800 which it is currently trading at. The level of activity in the crypto market has picked up thanks to this surge. Along with the high-level activity, is several whale movements where over half a billion dollars worth of BTC was sent from […] The post Whales Move $532 Million Worth of Bitcoin In Less Than Three Hours appeared first on ZyCrypto.

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Binance hackers suddenly move $8 million worth of stolen Bitcoin

More than $8 million worth of Bitcoin stolen from cryptocurrency exchange Binance has suddenly moved. Earlier today, a combined 707.1 BTC was sent from one of the hacker… This story continues at The Next WebOr just read more coverage about: Bitcoin

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Bitcoin’s (BTC) Hash Rate Scales Up To Hit New All-Time-High Of 74.5 Million TH/s

According to data available on Blockchain.com, BTCs native hash rate has scaled up to its new ATH yesterday. Also, for those of our readers who may recall, the last record to be broken in this regard was established during the latter half of June — a time when the flagship crypto asset’s hashrate reached 65.19 […]

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Bitcoin Back Near $12K as BTC Shorters Lose $44 Million in One Morning

Bitcoin price is surprising once more on Monday as it retakes $12,000

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