Feb 19, 2019 at 16:36
Bitcoin Price Hits $4,000: Is this the Start of a Bull Run?
The short-term rebound on February 19, saw Bitcoin surge to the $4,000 price level, leaving several cryptocurrency investors hooked and some analysts keeping their attitude inert. Bitcoin could “melt our faces off” in the long run with an amazing rebound.
Feb 19, 2019 at 11:58
JPM Coin isn’t a Cryptocurrency as JPMorgan Claims
The giant U.S. bank, JPMorgan, declared plans to roll out JPM Coin on February 14 and has shown love for cryptocurrency on Valentine’s Day, notwithstanding Jamie Dimon having criticized Bitcoin (BTC) as being a fraud some time ago. It will be employed to conduct payments between customers and the lender will then labor to transfer international payment on to the distributed ledger technology (DLT), which could make a potential impact on the fintech sector.
Crypto Ransomware Attacks Soppy Users Demanding Money
Internet users have recently reported being provoked to open a phishing email containing crypto ransomware links. Cybercriminals used the ransomware program ‘GandCrab’ to encrypt victim’s data and requested a payout in Bitcoin or Dash for lifting a block from their files.
U.S: Wyoming Gives Crypto Holders Full Property Rights
Wyoming (WY) is now the first U.S. state to give authority and direct property rights to all digital currency owners by passing second & third Senate appraisals of Bill SF0125. After that, the bill will head to WY Governor Mark Gordon and its thought it could turn into law very soon – probably next week.
E-Commerce: Place of Cryptocurrency in Italian Online Market
The e-commerce sector in Italy is expanding. According to the 2017 statistics, nearly half the total number of Internet users in the world have purchased something online at least once. This trend seems to be popular in China, the USA, Germany, as well as in Italy.
Taproot for Bitcoin: Technology to Improve Privacy
The overall insight of Bitcoin’s privacy has changed in the direction of more emphasis on advancing it as the market for privacy-oriented digital currencies propagates, and increasing attack vectors for deanonymizing customers are exposed. Bitcoin Crypto users at large may, very soon, be able to benefit from a new trick popularly known as “Taproot.”
JPMorgan: Bitcoin Price is Now Lower Than Cost of Mining One BTC
According to research on the ground, the production-weighted cash cost to create 1 Bitcoin (BTC) averaged approx. $4,060 worldwide in the fourth quarter (Q4) of 2018, analysts from JPMorgan Chase Co. reveal. This cost is much higher than the current Bitcoin price as Bloomberg reports.