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Bitcoin Whales Are Cashing in as Gains Slip Away

After a wave of aggressive buying, bitcoin whales are taking some profits. The “big money” investors drove the price up as high as nearly $14,000 in the last 24-hour period, reminding the crypto community of how the market dynamics can change on a dime. Now it seems they are cashing in on some of their fortunes as the buying momentum stops dead in its tracks. After rising as much as 22% in the last 24 hours, the BTC first slashed those gains in half. Now the gains are slipping away. Continue reading Bitcoin Whales Are Cashing in as Gains Slip Away

Billionaires Are ‘Scouring the Market’ to Own 25% of Bitcoin in Circulation

The appetite among billionaires for bitcoin is huge as ever, according to Eleesa Dadian, an art dealer and head of a secretive network for billionaire investors called the Dadiani Syndicate, in Forbes. The company has reportedly been instructed to purchase a jaw-dropping 25% of all available bitcoin in the market. Too bad that isn’t likely to happen. Continue reading Billionaires Are ‘Scouring the Market’ to Own 25% of Bitcoin in Circulation

Coinbase And Visa Are Making Bitcoin, Ethereum, Ripple’s XRP And Litecoin Payments A Reality

Bitcoin and other major cryptocurrencies, including ethereum, Ripple’s XRP, and litecoin, have long struggled against accusations they are harder to spend and use in the real world than their traditional fiat counterparts. Continue reading Coinbase And Visa Are Making Bitcoin, Ethereum, Ripple’s XRP And Litecoin Payments A Reality

Blockchains Are Susceptible to Attacks

Blockchain technology is often touted for its great security in preserving transaction records. However, blockchain isn’t impenetrable. After all, a line of incorrect coding or a small computer network backing the blockchain could lead to unwanted transactions, meaning companies must assess and be aware of any risks in their blockchain-based software, experts said. Continue reading Blockchains Are Susceptible to Attacks