Bitcoin price surges as Twitter announces crypto tipping – follow live

Bitcoin price surges as Twitter announces crypto tipping – follow live
Bitcoin and several other cryptocurrencies are showing strong signs of recovery from a series of mini flash crashes at the start of the week, which wiped out nearly $200 million from the crypto market. While bitcoin’s value has not recovered to its pre-Monday levels of $47,000 yet, its price has risen above $44,000 on Thursday.

Bitcoin and several other cryptocurrencies are showing strong signs of recovery from a series of mini flash crashes at the start of the week, which wiped out nearly $200 million from the crypto market. While bitcoin’s value has not recovered to its pre-Monday levels of $47,000 yet, its price has risen above $44,000 on Thursday.

Its price is up by about 4 per cent in the last 24 hours compared to its value drop by 1 per cent in the day earlier.

Ethereum (ether), Solana (SOL), and dogecoin are also showing signs of recovery, growing in value between 7 and 15 per cent over the last 24 hours.

While it is hard to pinpoint what caused the crash, some experts tie it to China’s property market.

Some analysts say any short-term volatility in bitcoin price will ultimately be forgotten as the cryptocurrency rises to new all-time highs in 2021.

You can follow all the latest news, updates and expert price predictions in our live blog right here.

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BREAKING: Twitter adds bitcoin payments

After many rumours and hints from Jack Dorsey, Twitter is adding the ability to pay other users with bitcoin through its Tips feature.

Dorsey is one of bitcoin’s biggest advocates, having previously said that the cryptocurrency has the power to “unite the world” and bring about world peace.

The Twitter boss, who also heads online payments firm Square, believes bitcoin also has the potential to become the “single currency” of the internet, which could take place as early as 2030.

You can read the full story here.

Twitter will let users send each other Bitcoin in crypto payments update

Twitter is also making NFTs more prominent on the platform, and adding more tools for moderation and creators

Anthony Cuthbertson23 September 2021 18:10
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Dogecoin price boosted by Robinhood and AMC news

Dogecoin has surged in price by 5 per cent over the last 24 hours, presumably boosted by hints from the CEO of movie theatre chain AMC that they will soon accept payments of the meme-inspired cryptocurrency.

AMC CEO Adam Aron noted that his dogecoin poll on Twitter was “by far” the highest read tweet he had ever posted, with more than 4 million views in just 24 hours.

The online trading app Robinhood, which has helped bring more investors to dogecoin, has also announce that it will soon begin testing crypto wallets to allow users to store their funds.

“Robinhood announcing wallets, AMC CEO not only talking about accepting dogecoin but saying it was the single most interacted with tweet he has ever made, the crypto market finally seeing some green,” tweeted dogecoin co-creator Billy Markus.

Anthony Cuthbertson23 September 2021 16:27
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‘Is $40k bitcoin the new $10k?’

After once again finding support at the $40,000 level, some analysts are asking whether this is the new base level for bitcoin’s price.

Mike McGlone, a senior commodity strategist at Bloomberg Intelligence, likens the latest rebound to the ones seen in 2020, when bitcoin was able to sustain its price above $10,000 after being tested through several sell-offs and crashes. It then was able to build from there and ultimately go on a record-breaking bull run that took it all the way above $64,000 in mid April this year.

The higher support level is bolstered by increased adoption combined with bitcoin’s limited supply, according to McGlone.

Anthony Cuthbertson23 September 2021 11:49
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Bitcoin scam alert

Bitcoin.org, an open-source project to support Bitcoin development, was just hacked with a “double your money” scam appearing on its homepage. Visitors to the site were greeted with a pop-up message with a QR code inviting users to send money to a bitcoin wallet, Coindesk reported.

The message said the funds would be “doubled and sent back.”

The website is currently unreachable.

The scam’s address has so far received more than $17,500 in transactions.

Anthony Cuthbertson23 September 2021 07:28
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Bitcoin, as well as several other cryptocurrencies, including Ethereum, Solana, and Cardano, are showing signs of recovery from Monday’s flash crash which wiped out nearly $200 million from the crypto market. Ethereum (eth), Cardano (ada), and Dogecoin (doge) have grown in price between 7 and 8 per cent in the last 24 hours, while Solana (sol) has risen in value by over 13 per cent in the last day.

The crypto market has grown in value by more than 6 per cent in the last 24 hours, and is currently valued at about $1.94 trillion.

While bitcoin has not recovered to its pre-Monday price of $47,000 yet, it has risen to close to $44,000 after dropping below $40,000 for the first time in six weeks on Wednesday.

Vishwam Sankaran23 September 2021 03:56
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BREAKING: Dutch football giants PSV reveals it ‘HODLs bitcoin’

One of the biggest football teams in the Netherlands has just revealed that it is holding bitcoin on its balance sheet.

PSV said that it has become the first major football club in the EU to have an entire sponsorship paid in bitcoin from its partner Anycoin Direct.

Rather than exchange the cryptocurrency into fiat, the Dutch club said it plans to “HODL” the bitcoin.

“The possibilities and the future that the world of cryptocurrency offers is very promising,” says Frans Janssen, PSV’s commercial director.

“As a club in the heart of the Brainport region, we are always innovating, cryptocurrency fits well into this picture.”

Anthony Cuthbertson22 September 2021 18:26
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A third of voters in swing states want bitcoin as legal currency

Just a few weeks after El Salvador’s Bitcoin Law came into effect, officially making the cryptocurrency legal tender in the country, a new poll commissioned by Newsweek has found that a third of voters in US swing states want it to be a legal form of payment.

The poll, conducted by Redfield & Wilton Strategies, surveyed voters in Arizona, California, Florida, Georgia, North Carolina, Ohio, Pennsylvania, Texas, Virginia and Wisconsin.

The most enthusiastic states were Texas and Wisconsin, with 37 per cent of respondents keen on making cryptocurrency legal in the next election.

<p>Austin, Texas, has a number of bitcoin ATMs already installed in the city </p>

Austin, Texas, has a number of bitcoin ATMs already installed in the city

Anthony Cuthbertson22 September 2021 16:25
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Bitcoin price crashed 90 per cent in network glitch

Bitcoin’s price crash this week reached as low $5,402 – at least on one platform.

A network glitch on Pyth, which is used by Wall Street traders, saw the cryptocurrency briefly plunge by around 90 per cent.

The issue apparently prompted a series of liquidation events, which would have actually had a negative impact on bitcoin’s real price, though Pyth is yet to provide any detail about the incident beyond a brief statement.

“Engineers are continuing to investigate the cause and a full report is in the works,” the platform tweeted.

Anthony Cuthbertson22 September 2021 15:05
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Dormant BTC wallet mysteriously wakes up

A bitcoin wallet that has lain dormant for almost nine years has shown signs of life.

The BTC address has not been active since around the time bitcoin’s pseudonymous creator Satoshi Nakamoto disappeared.

In that time it has risen in value from $8,000 to more than $26 million thanks to bitcoin’s exponential price rise.

Exactly who controls it is unclear, though it is not the only old wallet to have activated without explanation in recent years.

You can read the full story here.

Bitcoin wallet from the Satoshi Nakamoto era suddenly activates

The stash has risen in value by more than 800,000 per cent since it was last accessed

Anthony Cuthbertson22 September 2021 12:06
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After falling below $40,000 for the first time in six weeks in the early hours of Wednesday, bitcoin’s value has risen and stabilised around $42,000 in the last few hours.

The cryptocurrency still hasn’t recovered to its value of $47,000 prior to the flash crash on Monday, which took out nearly $200 million from the crypto market.

The overall crypto market is down by about 2 per cent since its values yesterday. Most cryptocurrencies, including Ethereum (ETH), Cardano (ADA), and Solana (SOL), are still down at varying levels between 1 to 5 per cent compared to their prices 24 hours earlier.

The chart is still all red with marginal signs of recovery to pre-Monday levels.

<p>Values of cryptocurrencies over last 24 hours</p>

Values of cryptocurrencies over last 24 hours

Vishwam Sankaran22 September 2021 07:07

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