I need help with my cold wallets. I have a multi-bit wallet and I know its 18-phrase seed key and password, but I know the password, but when installing the multi-bit program, 5 BTC appears in it, but the installation takes days, but it is not completed. I waited for almost 1 month, but the installation is not completed, I tried to open the electrum wallet with the seed key, but I could not do it. There are more than 5 Bitcoins inside but I can’t access it. Can someone with knowledge on the subject help me? I can see the BTCs inside, but I can’t access the platform because the Blockchain cannot download and synchronization cannot be provided. I would appreciate if someone knowledgeable can help.

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BTC/USD Faces Rejection at $58k as Bears Resume Selling

 BTC/USD Repels at $59k High as Bears Resume Selling- November 30, 2021

Today, BTC/USD is declining after retesting the $59,000 resistance zone as bears resume selling. In the previous price action, the BTC price broke the $58,000 resistance but was repelled at the $59,000 resistance zone. Bitcoin was rejected at the overbought region of the market. The selling pressure will extend to the low of $57,000 support. The upward move will resume if the $57,000 holds.

Resistance Levels: $70,000, $75,000, $80,000
Support Levels: $50,000, $45,000, $40,000

Bitcoin (BTC) Price Prediction: BTC/USD Faces another Rejection at $58k as Sellers Threaten To Short
BTC/USD – Daily Chart

Following the bullish impulse above the $54,000 support, Bitcoin’s (BTC) price rallied to the high of $59,000 resistance zone. The first uptrend was stalled at the $58,000 resistance. BTC price pulled back and retested the recent high to break above it. The bulls overcome the $58,000 resistance but could not sustain the bullish momentum above the recent high. Consequently, the market is retracing as a result of the overbought condition of the cryptocurrency. On November 25 uptrend; Bitcoin was also resisted at the $59,000 resistance zone. The cryptocurrency declined to the $53,755 low as bulls bought the dips. The retracement has subsided as Bitcoin fluctuates above the $57,000 support for possible upward.

Bitcoin (BTC) Indicator Reading

BTC price is below the 21-day line and the 50-day line moving averages which indicate a possible downward move of the cryptocurrency. On the lower time frame, the BTC price is above the moving averages. Bitcoin will resume a fresh uptrend if price holds above the moving averages. Conversely, the selling pressure will resume if price breaks below the moving averages. Bitcoin has fallen to level 45 of the Relative Strength Index for period 14. It indicates that Bitcoin is in a downtrend zone and capable of falling on the downside. Presently, BTC price is below 80% range of the daily stochastic. Bitcoin is in a bearish momentum as the stochastic bands sloped downward.

  Bitcoin (BTC) Price Prediction: BTC/USD Faces another Rejection at $58k as Sellers Threaten To Short
BTC/USD – 4 Hour Chart

Meanwhile, BTC/USD is fluctuating above the $57,000 support as bears resume selling. This is a positive move as Bitcoin resumes a new uptrend. On the upside, if buyers sustain BTC prices above $60,000, Bitcoin will be out of downward correction. Possibly, the upside momentum will resume.

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The End of Traditional ETH Mining

Ethereum’s London upgrade will end traditional ETH mining, a former Monero developer is arrested on non-crypto charges, and crypto debate hits the floor of the US Senate on Capitol Hill. These stories and more this week in crypto.

Ethereum’s price has surged over the past few days following a recent upgrade that analysts have codenamed “London.” The upgrade is slated to make the Ethereum network more efficient and will purportedly bring it closer to a proof-of-stake model, which will allow holders to garner profits on the assets they already own.

The US Senate faced pushback from the crypto community when it introduced a section into its proposed infrastructure bill that would clamp down on underreported digital asset tax liability. At issue is ambiguous language as to reporting requirements for developers and miners, and whether they would have to collect and report information on users as a ‘broker.’

Former maintainer of the anonymous Monero cryptocurrency Riccardo Spagni has been arrested on fraud charges pertaining to events that occurred between 2009 and 2011 – before he joined the Monero community. Spagni, who is known in online forums and platforms as ‘FluffyPony’, is currently in the custody of the U.S. Marshals Service and will be held without bail until his extradition to South Africa.

Bitcoin SV—a cryptocurrency that emerged following a bitcoin cash hard fork—has been victimized by a 51% attack that caused the asset’s price to fall. The attack allegedly occurred at the hands of miners when three separate blockchains were created causing several units of BSV to be double spent.

The Nasdaq-listed cryptocurrency exchange Coinbase has enabled crypto buys with Apple Pay, and instant cashouts of up to $100,000 per transaction. While the Apple Pay option has been available to Coinbase users since June, it required users to have a Coinbase-branded debit card, but now that workaround is no longer needed with the update.

Fidelity Investments has bought a 7 percent stake in Marathon Digital Holdings, one of North America’s biggest and most prominent crypto mining firms. Over the past year, shares in Marathon have surged by more than 660 percent, suggesting that Fidelity joins the growing trend among investors of gaining exposure to the crypto industry through traditional securities as well.

Melanion Capital—an asset management firm in Paris—has become the first company of its kind to launch a bitcoin-based exchange-traded fund (ETF) designed to track the price of bitcoin. The product will be offered to investors in the European Union (EU) and will track 30 stocks with a high correlation with bitcoin’s price.

Popular sandwich shop Quiznos has partnered with Bakkt—an institutional crypto trading platform—to allow customers to pay for food with bitcoin. Several stores in high-traffic areas will be accepting crypto payments beginning in mid-August. The move is part of a pilot program that, if successful, could see all U.S. based Quiznos accepting crypto by the end of 2021.

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Elon Musk Cosigns Tweet Warning Dogecoin Holders Against Margin Trading –

Dogefather Elon Musk has recently cosigned a tweet that warns Dogecoin holders of the dangers of margin trading. This trading method usually used by experienced traders can prove incredibly risky because while there is a lot of profit to be made when a trade goes right, the loss can be devastating when a trade goes wrong.

This is what prompted a Dogecoin holds and enthusiast to issue warnings about margin trading to the community. Some Dogecoin holders have been recording tremendous losses due to leveraged Dogecoin trading and have taken to Twitter to vent their frustrations. In light of this, Mishaboar, an active voice in the Dogecoin community took to the platform to educate traders about the dangers of this type of trading.

Related Reading | Dogecoin Rival Shiba Inu Becomes First Meme Coin To List In South Korea

Caution With Leveraged Dogecoin Trading

Mishaboar wrote on Twitter that he had received numerous messages from Dogecoin holders regarding some of their trades. These traders had had their margin accounts liquidated and had lost money on what is considered risky trading. Mishaboar noted that a lot of these traders were newbies who did not know how the market worked and was following the advice of friends to carry out these trades.

Dogecoin price chart from

DOGE trading at $0.2 | Source: DOGEUSD on

Additionally, Mishaboar explained further along in the Twitter thread that a lot of new investors believe that they need to use tools like leveraged Dogecoin trading to succeed in the market when they in fact do not.

Since most of these investors are new to the market, they do not fully grasp the dangers associated with carrying out margin trades. Some may not understand market dynamics that would cause their positions to be liquidated, leading to heavy losses on the part of these new investors.

Elon Musk Cosigns Mishaboar’s Message

Mishaboar did not end his message with just new investors. They had also expressed that even experienced traders may not be as “experienced” as they may believe. For these investors, even though they may have more liquidity and experience compared to the average trader, they are still going up against institutional investors with a lot more resources and data than individual traders.

Related Reading | Shiba Inu (SHIB) Crosses 1 Million Holders Milestone

The Dogecoin enthusiast called for caution as they explained that these tools can be dangerous to use in traditional markets. Add in the highly unregulated and volatile crypto market and the dangers of using margin trading grow 100-fold. Basically, the house always wins.

Elon Musk had expressed support for the message that Mishaboar was trying to pass along. Musk who is a well-known personality in the meme coin space took to the platform to voice his support for calls for caution. Underneath Mishaboar’s Twitter thread, Musk had written “Good thread” in approval.

Featured image from Castofly, chart from

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Bitcoin And Dark Matter – Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides

Bitcoin & Dark Matter

The Center Cannot Hold: 14

Just as one cannot weigh light or sound, neither can one weigh Bitcoin. While there are several common material components to Bitcoin such as mining machines, hardware wallets, seed plates, and nodes, much of what Bitcoin is, is immaterial.

In physics, matter can be defined as anything that has mass and takes up space by having volume. Matter includes everything that is made of atoms or subatomic particles that act as if they have mass and volume. A photon is an elementary particle without mass, which is why it always travels at the speed of light in a vacuum. A photon is not considered matter. Matter does not include other energy phenomena such as light or sound.

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$858M In Bitcoin Was Just Transferred Between 2 Wallets

What happened: $858,788,585.00 worth of Bitcoin (CRYPTO: BTC) was just moved between 2 anonymous cryptocurrency wallets in a single transaction.

This mysterious person’s bitcoin wallet address has been identified as: bc1q5g49nqfg2vhvfx3emm9weazgd3c2pylu8ql4yx

$858 million worth of Bitcoin was sent to an unknown recipient, with Bitcoin wallet address: bc1qrl3le9ckafye9fwdu485d26xx4uyhcrzly9q4p

Why it matters: Cryptocurrency whales that own millions of dollars in Bitcoin tend to move markets single-handedly. If the whale decides to exit this Bitcoin position, there could be enough market impact to push down the price of BTC. It takes about $15 to $30 million of sell pressure to move the price of Bitcoin down 2% on any given exchange.

Since this transaction wasn’t sent to an exchange, it’s unlikely that this Bitcoin whale is looking for liquidity. Instead, they may be transferring this to a different wallet for security purposes.

You can view more details about the transaction here.

According to Glassnode, there are 490,873.00 Bitcoin wallets with over $100,000 in BTC.

See Also: Best Crypto Apps 2021 and Best Crypto Portfolio Trackers

Price Action: Bitcoin is up 6% in the past 24 hours.

See Also: How To Buy Bitcoin

Public Blockchain data sourced from Whale Alerts Twitter.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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Why is CAmount a signed integer?

Is there is reason why Bitcoin uses signed instead of unsigned integers for amounts? I can’t imagine a scenario where negative amounts could come up. Was it simply something Satoshi implemented for some future use this way and now we are stuck with it?

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XRP/USD Settles Below $0.95 Level

Ripple Price Prediction – November 28

According to the daily chart, the Ripple price is currently trading below $1.00 as further downside could reach another support level of $0.85.

XRP/USD Market

Key Levels:

Resistance levels: $1.21, $1.26, $1.31

Support levels: $0.66, $0.61, $0.56

XRP/USD is seen sliding below the 9-day and 21-day moving averages as the coin prepares to touch the support level of $0.90 before it could start another increase. After the Ripple price struggles to reach the $0.95 high today, the coin begins a decline towards the south. Therefore, as the coin faces the bearish movement, it may target the key support at $0.80 and the price could move into a short-term bearish zone.

Ripple Price Prediction: Ripple Price May Continue to go Down

At the time of writing, the Ripple price is currently exchanging hands at $0.92 and any attempt to stay below the 9-day and 21-day moving averages may likely bring it towards the lower boundary of the channel. However, traders may experience a quick buy if the trade reaches the support at $0.80 but traders should keep their eyes on the resistance levels of $1.21, $1.26, and $1.31.

Moreover, if the price fails to rebound, more bearish trend is likely to trigger more selling opportunities for traders and this might cause the price to retest $0.80 and could further drop to $0.66, $0.61, and $0.56 support levels respectively. The technical indicator Relative Strength Index (14) is likely to cross into the oversold region and once this done, the coin may fall more.

Against Bitcoin, the Ripple price is seen moving down as the coin remains below the 9-day and 21-day moving averages. However, if this downward movement continues to play out, the Ripple price may face additional downtrend and this could take the coin to the support level of 1500 SAT and below.

However, if the bulls regroup and hold the current market movement, the coin may likely rise towards the upper boundary of the channel and the nearest resistance level lies at 1900 SAT and above. On the contrary, the technical indicator Relative Strength Index (14) is seen moving towards the oversold region, which indicates a downward movement.

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Biggest DeFi Hack in History

The biggest DeFi hack in history takes an unexpected turn, Venmo introduces crypto cashback and can you guess where the Bitcoin Family hides their BTC? These stories and more this week in crypto.

The Poly Network was the victim of a cyberattack from which $600 million in digital assets was stolen, making it the biggest DeFi hack in history. Poly Network called on crypto exchanges to blacklist any tokens coming from the hacker’s addresses, but in a strange turn of events, the hacker has since returned the stolen funds, claiming that this was the intention all along.

Venmo—a credit card-issuing division of PayPal—is unveiling a new cashback for crypto program that allows all customers to purchase cryptocurrency with the cashback they earn on any purchases they make with their Venmo credit cards. Customers can earn one to three percent back on spending categories for each month.

The stablecoin giant Circle plans to become a “national digital currency bank”—a move that would place it under the direct supervision of the Federal Reserve. According to the announcement, the shift to full-reserve banking would strengthen its stablecoin USDC, which currently has more than $27.5 billion in circulation.

The NASDAQ listed cryptocurrency exchange, Coinbase, has released its second-quarter report revealing a revenue of $2 billion in the second quarter with 95% of its profits coming from trading fees. The crypto trading platform acknowledged that the period was a strong one for growth on the back of a crypto market bull run.

BitMEX and Poloniex crypto exchanges separately agreed to pay fines to US Agencies. BitMEX will pay $100 million to settle allegations that they allowed years of illegal trades and violated anti-money laundering rules. Meanwhile, Poloniex will pay $10 million to settle an SEC probe for not registering its operations with federal regulators, thereby violating investor protection laws.

Soccer player Leo Messi has become the latest professional athlete to earn part of his salary in cryptocurrency. Messi has signed a two-year contract with the French team Paris Saint-Germain and will collect approximately half of his pay in what are known as “PSG” fan tokens, which give holders voting rights regarding future team decisions.

The AMC movie theater chain has announced that by the end of 2021, customers will be able to purchase movie tickets and concessions products such as popcorn and other treats with bitcoin. AMC is also researching other ways it could join the “burgeoning cryptocurrency universe.”

The Bitcoin Family, a dutch family that went all-in on Bitcoin back in 2017 has revealed its secrets to safeguarding their assets. The family explained that they have hidden hardware wallets across several countries so that they never have to fly very far if access to a cold wallet is needed. Hiding spots are in Europe, Asia, South America and in Australia.

That’s what’s happened this week in crypto, see you next week.

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Tanzania Central Bank Reportedly Prepares To Launch CBDC

Tanzania has reportedly started exploring a Central Bank Digital Currency (CBDC). The country is following the footsteps of Nigeria, which launched its own digital currency last month. Other African countries have similarly announced plans to launch CBDCs.

Tanzania Explores CBDC

According to a Bloomberg report on Friday, Bank of Tanzania Governor Florens Luoga announced the country’s CBDC plans on Thursday at the 20th Conference of Financial Institutions (COFI).

“To ensure that our country is not left behind the adoption of central bank digital currencies, the Bank of Tanzania has already begun preparations to have its own CBDC,” he said.

Consequently, the governor said that the central bank is also looking to expand research into digital currencies and strengthen the capacity of its team.

Related Reading | Nigeria Prepares To Launch Digital Currency eNaira On Monday

Luoga said this move was inspired by Nigeria’s launch of its own CBDC, the eNaira, last month. Nigeria partnered with a German FinTech to launch a digital currency to complement the physical naira. The West African country is the second to officially have a CBDC after the Bahamas, which launched its own last year.

The governor also said that the central bank is planning to diversify its foreign exchange reserves. To this end, it will buy gold from local refineries. “The monetary gold that we plan to buy should have a purity of not less than 99.5%,” he said. He also expects the country’s inflation rate to remain within the targeted range of 3% to 5% in 2021-22.

Luoga added that the central bank is still cautious of cryptocurrencies. And he reminded the public about its illegal status in the country, urging them to be wary of investing.

Related Reading | Tanzania’s President Calls For Central Banks To Work Towards Crypto Acceptance

Since 2019, cryptocurrencies have been banned in Tanzania after the central bank said they were not recognized by law. However, this may soon change as the Bank of Tanzania is reportedly working to reverse this ban. This development is a result of the Tanzanian President Samia Suluhu Hassan asking the central bank to prepare for cryptocurrencies shortly after she became president.

Digital Currency Development In African Countries

More and more governments are exploring central bank digital currencies in their countries. In Africa, CBDC adoption is gradually growing.

Nigeria was the first African country to launch its CBDC. Other African countries are also researching potential opportunities that CBCDs provide for their economies.

Related Reading | 110 Countries Are Exploring CBDC At Some Stage, Says IMF Managing Director

About two months ago, the Managing Director of the International Monetary Fund(IMF), Kristalina Georgieva, said that over 110 countries are at some stage of exploring CBDCs.

The Bank of Ghana has said it will soon launch its CBDC. While other countries like South Africa, Zimbabwe, and Namibia are still exploring the technology’s feasibility.

Featured image by Central Banking

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