Bitcoin fell below $26,000 for the first time in two months as risk aversion weighs on the cryptocurrency market with global government bond yields climbing to the highest in about 15 years. “When you throw in what is happening in the bond market, it becomes easy for Bitcoin prices to soften,” Edward Moya, senior market analyst at Oanda, said in a note.The slide has almost erased most of the gains registered in the wake of BlackRock’s surprise fi...
Wall Street may be divided over crypto’s investment credentials but for Bitcoin brethren Thursday delivered validation: The first US exchange-traded funds investing directly in the largest digital currency finally went live. It was a much-anticipated debut that came a day after the US Securities and Exchange Commission gave them the green light following a more than decade-long campaign by the digital-asset industry. The batch of almost a dozen f...
NEW DELHI: Security researchers have successfully cracked a password to recover over $3 million worth of Bitcoin that had been stuck in a crypto wallet for 11 years. The wallet contained 43.6 BTC, which had been held there since 2013.Electrical engineer Joe Grand, also known by his handle ‘Kingpin,’ was hired to hack into the encrypted file containing the Bitcoin.The cryptocurrency was protected by a password created by a random password generato...
Bitcoin is viewed by some as a so-called Trump trade because Republican presidential nominee Donald Trump embraced digital assets during campaigning. Bitcoin rose past $70,000 for the first time since June, bolstered by inflows into dedicated exchange-traded funds as well as speculation about potential outcomes from next week’s US election.The largest digital asset climbed about 1% before paring the advance to trade at $69,840 as of 7:23 a.m. on...
