Crypto Fact

Forbes experts assume that Bitcoin should show upward movement today, if there are no last-minute changes in the market As February started, the BTC price was slightly more than $3,400. Until this point, it has gained about 11 percent and is now around $3,860. Several times this month, BTC attempted to take the $4,000 level but was unable to fix above that mark. Bulls are back in town Since autumn 2018 began, Bitcoin has been dropping every month. It got much worse in November, when a war broke out between Bitcoin Cash followers and those of Bitcoin SV , along with the hard fork. The event back then took down the crypto market pretty heavily, and Bitcoin’s drop made altcoins decline even deeper as well. For a while already, BTC bulls have been on the loose and gaining power in the market again. Many outstanding figures — including Mike Novogratz, Tim Draper and John McAfee — have made highly positive forecasts again, saying that the crypto winter might b...

The long awaited Nasdaq Bitcoin and Ethereum indexes lifted off the launch pad this week signaling another giant step towards mainstream acceptance and adoption. Bitcoin and Ethereum Indexes Added The stock exchange is expanded its global data service on Monday to include Bitcoin and Ethereum. In an official announcement earlier this month it stated that through its data dissemination relationship with Brave New Coin, Nasdaq will send real-time Bitcoin and Ethereum index level information on the Nasdaq Global Index Data ServiceSM (GIDS). The service, originally started in 1971, provides current and historical index data for the diverse suite of Nasdaq Global Indexes , which covers all geographies and multiple asset classes. From now on it will include the top two cryptocurrencies, Bitcoin and Ethereum. Bitcoin enthusiast and twitter personality Alex Ziupsnys commented on how big this development will be for general crypto adoption. Bitcoin and Ethereum prices will now b...

Samsung Confirms Galaxy S10 Will Include Private Crypto Key Storage Samsung’s latest flagship phone will include a dedicated secure storage function designed for cryptocurrency private keys. The Galaxy S10, formally unveiled Wednesday, includes a new function targeted toward cryptocurrency users in the form of the Samsung Knox, the world’s largest smartphone producer announced. In a press release , Samsung explained: “Galaxy S10 is built with defense-grade Samsung Knox, as well as a secure storage backed by hardware, which houses your private keys for blockchain-enabled mobile services.” The S10 comes with an upgraded camera system that features “advanced intelligence,” the ability to charge other phones wirelessly, 8GB RAM and 256GB storage (on the base model) and a number of other features, according to the release. Further details about the Knox solution were not immediately available, and Samsung did not immediately respond to a requ...

There is a lot of excitement in the air since Samsung Galaxy S10’s native crypto wallet will be a boon for cryptocurrency adoption    Feb. 20 is the day when the world is finally going to witness Samsung’s new flagship smartphone, the Galaxy S10. As revealed earlier, the much-anticipated smartphone will reportedly feature an in-built cryptocurrency wallet for major coins. The least secretive release If there was a Guinness World Record for the world’s most leaked smartphone, the Galaxy S10 would probably get one. The new phone started leaking more than six months (!) before its official release. The leaks went on even on the cusp of the Galaxy UNPACKED event that is going to take place on Feb. 20. A Norwegian TV station accidentally revealed the official TV commercial on Dec. 19. Now that’s embarrassing! Crypto hype isn’t fizzling out U.Today reminds its readers that the photos of Blockchain Keystore, the Galaxy S10’s native crypto wallet, leaked on...

In the last 24 hours, the valuation of the crypto market increased by $8 billion as the Bitcoin price neared the crucial $4,000 resistance level. Major crypto assets in the likes of EOS, Ethereum, and Bitcoin Cash recorded gains in the range of 10 to 30 percent. Most cryptocurrencies have started to see record high volumes across leading cryptocurrency exchanges, demonstrating an increase in demand for digital assets. What is Causing the Rally and Can Bitcoin Sustain its Momentum? Prior to the rapid price movement of Bitcoin from the mid-$3,000 range to $3,995, one cryptocurrency trader said that the volume of the dominant cryptocurrency is at a 9-month high. “Volume precedes price. We’re on our way to the highest crypto volume day since the beginning of the bear market. It’s already the highest volume day since May 2018. Oh, and BTC transactions are almost back to ATH as well,” the trader said . Throughout the past six months, the core concern of analysts rega...

Two prominent research papers have shed light on the latest crime trends affecting the  cryptocurrency  community over the past two years. Crypto analytics companies  Chainalysis  and  CipherTrace  released reports at the end of January that unpack some interesting data on the methods that criminals have used to steal and defraud users within the cryptocurrency and  blockchain  space. These reports paint an interest picture of the ever-changing cryptocurrency landscape and provides some food for thought about the use of crypto in criminal activity around the world. Exchange hacks and darknet trading still a threat As Chainalysis outlines in its  January 2019 report , cryptocurrency-related crime has actually decreased over the past few years, only accounting for 1 percent of all  Bitcoin  transactions in 2018. With that being said, the report shines a spotlight on exchange hacks that have seen billions of dollars sipho...

 QuadrigaCX, the largest bitcoin exchange in Canada, has lost $190 million worth of crypto after it lost access to its cold storage wallets. An affidavit filed on January 31 with the Supreme Court of Nova Scotia revealed that $190 million in Bitcoin, Bitcoin Cash, Bitcoin Cash SV, Bitcoin Gold, Litecoin, and Ethereum were lost. How Did the Bitcoin Exchange Lose All of its Crypto Funds?  The affidavit, first obtained by CoinDesk , was filed by Jennifer Robertson, the widow of QuadrigaCX founder and CEO Gerald Cotten. According to a death certificate included in the affidavit, Cotten passed away in India after suffering from Crohn’s disease. The death of Gerald Cotten was disclosed by the exchange in early January. Jennifer Robertson stated that Cotten was solely in control of storing user funds in cold storage wallets. In crypto, cold storage refers to a wallet that is not connected to the internet and stored offline. Usually, major digital asset exchan...