Bitcoin May Launch Recovery To $120,000 If This Condition Holds – Details
In the last week, Bitcoin’s correction took another drastic turn as prices retested the psychological $100,000 price zone, triggering heavy waves of liquidation. Although the premier cryptocurrency witnessed some rebound after, the current market price remains 19.02% away from the all-time high at $126,198. In the hope of a sustained recovery, a popular analyst with the X username PlanD has outlined one critical market condition. Related Reading: Bitcoin Valuation Reset: MVRV Slides Into Macro Correction Territory — What This Means Bitcoin 50-Week EMA Holds Bullish Structure –....
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Bitcoin Unlimited nodes went down like a rock yesterday as a vulnerability was exploited. They now appear to have recovered, but the speed with which nodes fell is unprecedented. The cause appears to be the use of “asserts” in production. This will get a bit technical, but we asked a pseudo-anonymous Bitcoin Unlimited developer who would rather not be named to provide an explanation for a non-technical audience. He told CCN: “Assertions are used to capture programming errors, i.e. to check whether a condition that the programmer *believes* should hold true at a particular point in the....
Bitcoin price started a decent recovery from the $10,139 swing low against the US Dollar. BTC gained pace above the $10,550 resistance, but it is facing a major hurdle near $10,800. Bitcoin managed to stay above the $10,000 support and started a decent recovery. The price is now trading above the $10,550 resistance and the […]
Another altcoin exchange has been hacked, not even a month after AllCrypt went down. Cryptoine, which offers a number of markets not available at larger exchanges, is down as of this morning, claiming a hack. The operators have promised to be forthcoming with details at an unspecified time and date. Race Condition Bug. As you can see, the exchange is claiming that the exploit happened as a result of a "race condition bug," which, in programming terms, means that uncontrollable events do not happen in the order the programmer intended. In a PHP program, this can often mean a bug in the way....
Amid speculation that Tether, issuer of the largest stablecoin in the crypto market USDT, could launch its blockchain, the company’s CEO, Paolo Ardoino, has addressed the rumors with key details. Tether Abandons Plans To Launch Own Blockchain In an interview with Bloomberg News, Ardoino acknowledged Tether’s technological capabilities but noted that blockchains are rapidly becoming […]
According to data from CoinMarketCap, Bitcoin (BTC) appears to have finally found some stability in September, recording a price gain of nearly 13% in the last week. Interestingly, crypto analyst Burak Kesmeci has unveiled a certain condition behind this price rise which could prove vital in initiating a market bull run. Related Reading: Bitcoin Backed […]