Unveiling Bitcoin's Supremacy: Michael Saylor Foresees a Bitcoin-Centric Cryptocurrency Industry
Venture capital investor and former Coinbase CTO, Balaji Srinivasan, has made a bold bet on Bitcoin, predicting that the cryptocurrency will reach $1 million in value in the next 90 days.
Coinbase Co-founder and CEO Brian Armstrong published a post in which he predicted the development of the cryptocurrency industry for the next ten years.
Researchers at LongHash found that the highest volatility in cryptocurrency markets is at 1 am UTC. To conduct the study, analysts used data from the Coinbase exchange, calculating the number of daily peaks and lows in each hour and comparing with the indicators for the rest of the hours of the day.
According to a study conducted by the Value Walk news website, 46.7% of users prefer to invest in Bitcoin, rather than other cryptocurrencies.
As part of the survey, respondents were asked a few questions. When answering the question "What is your favorite coin?" 46.7% chose Bitcoin, 31.4% - Ethereum, and 21% - Ripple.
The head of the Coinbase cryptocurrency exchange, Brian Armstrong, believes that in order to take digital assets, it is necessary to reduce volatility, as well as to improve the scalability and use of coins.
The head of Coinbase Exchange, Brian Armstrong, said that the Coinbase Custody service is popular and holds more than $500 million in digital assets.
The American Cryptocurrency Exchange Coinbase paid a reward of $ 30,000 to a hacker who found critical vulnerability in the exchange system.
It is reported that the error was registered on the portal HackerOne on February 21. A Coinbase spokesman stressed that the vulnerability had already been closed, but did not cover the details. The error report itself was also closed from public access, but, given the high reward, the vulnerability was very serious.
Coinbase and Kraken, the largest cryptocurrency exchanges in the United States, have joined the ranks of platforms that have confirmed the support of hardwood for Ethereum Constantinople, which will be implemented this week.
Two major exchanges joined Binance, Huobi and OKEx, which previously expressed their support for the upcoming update, and promise to monitor the hardforks, which will be carried out at block 7,080,000. This will probably happen on the night of January 16-17.
President and Chief Operating Officer of Coinbase Asiff Hirji said that institutional investors who have short-term goals, it is better not to touch cryptocurrency.
During his speech on CNBC, Hirji stressed that his company warned investors to be cautious during the period of explosive growth of Bitcoin back in 2017, but many cryptocurrency enthusiasts did not heed the warning.