Bitcoin’s price has closed at its highest monthly figure ever, eclipsing the previous high that was seen last month.
Bitcoin’s price has been setting records as of late. Yesterday it rose up and broke its previous all-time high price. And it continues to maintain its longest streak ever of days above $10,000. Now it’s gone on to make gains on the monthly scale too.
Yesterday, Bitcoin’s price—having started the month at $13,737—finished the month at $19,625, setting a new record.
This month’s figure is far higher than figures seen during Bitcoin’s last major bull run during Christmas of 2017, which pushed Bitcoin up to the $19,000 bracket for the first time and registered an all-time high that took nearly three years to overcome.
Per CoinMarketCap, Bitcoin ended 2017 on $14,156 as the Christmas bull run was in full flow. Just one month later in January 2018, Bitcoin registered a $10,221 at the end of the month, representing a 28% decrease between months amidst what proved to be a major price crash.
During the 2017 bull run we closed only 9 days TOTAL over $17,000
Today we have just closed our 14th day in a row above $17,000#Bitcoin is stronger than ever
Since the summer, when Bitcoin’s 2020 bull run first began, monthly closure figures had been steadily increasing.
This August, Bitcoin closed the month at $11,680. One month ago, Bitcoin’s price closed October at $13,780, now the second highest monthly close price ever. What’s more, this means there was an 18% increase in monthly closures between August and October.
Alexander Höptner, the former executive of Germany’s second-largest stock exchange, Börse Stuttgart, has been appointed by holding group 100x Group to lead its various products and investments, as per an announcement. He will join in January 2021.
The group operates crypto derivatives exchange BitMEX, whose three founding members—Arthur Hayes, Samuel Reed, and Ben Delo—stepped down in October after facing multiple charges in the US.
We are proud to introduce Alexander Höptner as our newly appoi...
But November has been a historic month for Bitcoin. Not only did this year’s bull run reach its highest point this month, but Bitcoin recovered from a brief market crash to register a new all-time high price. Unsurprisingly, this month’s closure marks a major 42% increase from October’s figures.
Another solo Bitcoin miner defied the odds last week, processing a block and bagging a 3.125 BTC reward. At the time—including the transaction fees—that was a $259,637 payday. And it was one of several such solo scores in recent months.
Was the miner lucky? Is solo mining becoming more common? And can an average Joe hook up a hobby mining machine and succeed with minimal resources compared to publicly traded miners?
The answers vary. Solo miners, a term used to describe everything from individua...
Today marks what crypto enthusiasts celebrate as Satoshi Nakamoto's 50th birthday, according to the birth date the mysterious Bitcoin creator registered on his profile for the P2P Foundation—a nonprofit organization dedicated to researching and advocating for the adoption of P2P solutions.
Based on his profile, Satoshi was born on April 5, 1975. That is, of course, as unverified as most of the lore surrounding the Satoshi saga—and the date carries symbolic weight that crypto historians find too...
Machine learning has been used to detect crypto malware targeting users of bitcoinlib, a popular Python library for making Bitcoin wallets.
ReversingLabs says the malicious packages attempted to overwrite legitimate commands in order to extract sensitive database files.
Researchers say bitcoinlib is a "widely used open-source library" that allows crypto wallets to be created and managed—attracting more than one million downloads since its launch.
Named "bitcoinlibdbfix" and "bitcoinlib-dev," the...