BitCoin Roundup 14/02/22

 

BitCoin (BTC)
 14/02/22

not financial advice.

price - $42,601.10 ↓ - 1.20% (month)

credit - coinbase.com

notable news;

"HEIST OF THE CENTURY": US BITCOIN CASE TESTS ABILITY TO CRACK DOWN ON CYBER CRIME - THE GUARDIAN

- New York couple arrested last week on suspicion of stealing $3.6B in BitCoin

- Alleged hackers Ilya "Dutch" Lichtenstein and Heather Morgan on $3M & $5M bail, detained in custody after emergency government request

- Case centres on a web of an estimated 25,000 transactions which equal 119,754 stolen BitCoin in 2016

- Couple's lawyer Simon Enzer argues, "significant holes in the governments case"

- At the time of the heist, the BitCoin was worth £71M, now estimated to be worth £4.5B

BITCOIN HOLDS ABOVE $42,000 - FORBES

- BTC is holding above $42,000 after falling Thursday's high of $45,785

- Analysts factored Russia's possible invasion of Ukraine behind the recent selling activity

- On Saturday, BitCoin's hash rate hit all time highs jumping from 188.40 terahashes to 248.11

- Industry experts believe hash rates will continue to grow "at an aggressive pace" as miners solidify their US foothold which now accounts for 35.4% of the global hash rate, now the largest share of BitCoin mining

influencer view of BTC;

COIN BUREAU

LARK DAVIS

CRYPTO WORLD

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