History Lesson Dec 2017: Steam is no longer supporting Bitcoin
On this day in 2017 Steam announced they would no longer support Bitcoin: "As of today, Steam will no longer support Bitcoin as a payment method on our platform due to high fees and volatility in the value of Bitcoin. "
Ethereum's top 500 whales have increased their holdings 80% since Jan 2018. They currently own 20 million ETH, valued at $2.3 billion.
Using metrics provided by TokenAnalyst, Diar determined that whale Ethereum holdings have been increasing steadily throughout 2018 despite the extended bear market. Holdings of the top 500 whales are equivalent to 20 million ETH, slightly less than 20 percent of the total circulating supply and equaling approximately $2.3 billion.
"The sun will shine on cryptocurrency again."
For devotees of The Ledger, the highlight of Fortune’s conference was remarks made by Jim Breyer, a billionaire investor who remains amply bullish on blockchain-based businesses, despite the unrelenting Bitcoin bloodbath. The present Blackstone- and erstwhile Walmart– and Dell-board director said during the event’s final keynote session on Friday that he continues to be “very interested” in the technology, while cautioning that the near future will be a slog for investors. These are the times that try investors’ souls; “we are close to a nuclear winter right now with cryptocurrency,” Breyer warned. (You can view his portfolio investments, which include Circle and Ethereum, here.)
Bloomberg suggests btc could fall further, even towards $1500, do you think that's possible?
The king of cryptocurrency, Bitcoin has already lost more than 70% of its value so far this year and Bloomberg reports that analysts suggest BTC could further gravitate toward $1,500 level, in a report published by Vildana Hajric and Olga Kharif.
A Thorough Investigation of the Binance Hack
Those of you who follow me know that I’m the founder of HodlBot. We built an easy way to diversify your cryptocurrency portfolio across the top 20 coins by market cap. Right now, our platform works on top of Binance’s API. So when I read that Binance had been potentially hacked for $45 million last week, I was left feeling uneasy.
Ransomware Hackers Attack Malaysian Media Company Demanding $6.3 Million in BTC
Another day, another dollar and yet another attack by hackers. This time a group of ransomware hackers have attacked a Malaysian media company by the name of Media Prima Bhd and have demanded BTC funds before they return access to the company’s hacked computer systems.
Bitcoin Cash (ABC) ahead, more hash power, more activity, higher price.
4x higher price (margin). Seems like a win for BCH. Jihan Wu and Chinese miners not even needed. Certainly not enough for a 51% attack on BCH. BSV nodes reportedly crashing. Faket...
"Let's get this stupid fork over with already."
Binance CEO spoke out on Twitter earlier today.
Crypto Carnage: Market Loses Staggering $26 Billion in 24 Hours
Over the last 24 hours, the crypto market suffered a devastating wipeout of more than $26 billion, making it one of the most intense daily sell-offs in all of 2018.
BTC crash leads to 41k unconfirmed transactions.
18k transactions a couple of hours after this was posted.
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