At the same time, Bitcoin’s (BTC) dominance rate dropped from 68% to 62%, which has allowed altcoins to pull off some amazing triple-digit rallies over the last 2 months.
The Depository Trust & Clearing Corporation (DTCC), a global financial market infrastructure giant, says traditional IT security frameworks must be updated to tackle the blockchain.
Larry Harmon, the CEO of Bitcoin media site Coin Ninja and founder of crypto wallet provider DropBit, is facing federal charges related to his use of Bitcoin privacy tools.
Data from Coin360 showed BTC/USD dropping suddenly by over $300 on Friday, hitting daily lows of $10,150.
According to a report released on Feb. 5, a mobile software application that was devised to help calculate the total number of votes in the Iowa Democratic caucus reportedly malfunctioned, resulting in the Democratic Party having to delay its public reporting of last Monday’s results. It was also revealed that a coding issue with the software resulted in the app relaying results that were either partially incorrect or unreliable.
This partnership is aimed at letting SFOX clients (including asset managers, family offices and high net worth individuals) access B2C2’s large liquidity pools and better-priced over-the-counter (OTC) markets though a single point of entry.
Currently, Bitcoin bulls are fighting to push and hold the price above the $10,300 to $10,400 resistance. Traders have pushed as high as $10,450 but the last three attempts to cross above it have been rejected at the overhead trendline of the ascending wedge pattern.