bitcoin / 326 posts found
Are Paper Bitcoin Wallets Still Safe?
Reading Time: 2 minutes Paper Bitcoin wallets were the only way to store your bitcoin offline for many years There are however several security concerns around the practice now Are paper Bitcoin wallets still safe or should the idea be shredded for good? With all the variations of Bitcoin wallet available now, the concept of a paper Bitcoin wallet seems archaic. However, even though hardware wallets have been on the scene for over eight years, paper Bitcoin wallets are still used by those who don’t, for whatever reason, trust the storage devices, or the companies behind them. The question is, […]
TA: Bitcoin Price Recovery Faces Hurdle, Why 100 SMA Presents Resistance
Bitcoin found support near $20,750 against the US Dollar. BTC is correcting gains, but it is facing resistance near $21,500 and the 100 hourly SMA. Bitcoin found support near the $20,750 after a strong decline. The price is now trading below the $21,500 level and the 100 hourly simple moving average. There was a break above a major bearish trend line with resistance near $21,270 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could recover higher if there is a clear move above the $22,000 resistance. Bitcoin Price Struggles Bitcoin price gained bearish momentum […]
Bitcoin Now Accepted by Two Ukrainian Tech Giants: Report
Bitcoin and other cryptos are now being accepted as means of payment at two of Ukraine’s largest tech retailers: Techno Їzhak, and Stylus. Customers can now purchase products from each retailer using Bitcoin from their online stores, or from their combined 100+ retail locations. Per a report from the Ukrainian outlet Obozrevatel, Bitcoin payments at both companies will be facilitated through the crypto point-of-sale provider, WhitePay. When paying online, customers can pay in cryptocurrency through an acquiring form. In-person, WhitePay’s point of sale system will print a QR attached to a receipt of the transaction. The receipt includes details about […]
Bitcoin Miners Pocketed Quick Profit by Selling Nearly 6K BTC Amid Recent Rally
Bitcoin It has been a tough year for crypto miners who had to sell their coins to cover their costs and fund expansion as well as for the repayment of debts. But this trend appears to be continuing into the third quarter of the year for some. Bitcoin price successfully broke out before facing rejection near the $25,000 level. Since then, it has been on a downtrend. This has resulted in mounting sell pressure on Bitcoin miners. However, during the brief upswing in early August, they managed to book some profits by selling their tokens. According to the Glassnode data […]
149,961 Bitcoin Addresses Hold at Least 10 BTC
Despite the latest correction in the crypto market, the total number of Bitcoin whales has increased substantially in the last few months. On 18 August, the number of BTC addresses with at least 10 coins touched 149,961, which is the highest level since February 2021. In addition to the latest surge in large BTC addresses, the Bitcoin supply that was last active approximately 10 years ago touched an all-time high on Thursday. According to Glassnode, a leading on-chain analytics platform, more than 2.5 million coins were last active in 2012. In the past week, Bitcoin witnessed a sharp decline in […]
