The world’s largest cryptocurrency, Bitcoin, has been trading around $18,000 since late last month, fluctuating over this level as BTC benefits from multiple bullish factors. According to CoinDesk data, the dominant cryptocurrency has remained over $18,000 since November 30. According to the CEO of cryptocurrency hedge fund manager BitBull Capital, Joe DiSpasquale, the dominant cryptocurrency …
During the past nine months, the world’s most considerable cryptocurrency Bitcoin price has quadrupled, which indicated another similar rally would put $100,000 on the table in the foreseeable future. According to 10T Holdings’ co-founder, Dan Tapiero does not anticipate Bitcoin to reach $100,000 in the following nine months. However, he announced that it demonstrates how …
We all remember that the price of the dominant cryptocurrency, Bitcoin, was rejected by the $19,500 resistance level. Traders became uncertain about what is next for Bitcoin. According to analysts, Bitcoin is undergoing a consolidation phase or another minor correction. The greenback shows signs of a possible return. However, some analysts suspect the $18,500 support …
If Bitcoin drops under $18,500, a larger fall could happen Read More »
BestChange.ru is one of the significant cryptocurrency websites in Russia. According to the current data, the website has got banned after local lawmakers passed the cryptocurrency regulation. As we know, BesChange.ru is an aggregator of nearly 400 cryptocurrency exchange sites. On August 26, on Wednesday, the website was blocked. It was blocked by Russian telecom …
As when we thought that the importance of Bitcoin rests solely on not paying for transaction costs, another of its dark usage arises. The decentralized platform is made accomplice in another underground activity. The clean escape worth $500,000 funded via BTC, ex-Nissan’s chairman Carlos Ghosn fled Japan, leaving no breadcrumb trail. BTC pledges to the …
$500K of Bitcoin Used for Ghosn’s Unprecedented Escape Read More »
The US Federal Reserve’s balance sheet declined by $8 billion in the week ending July 8. It now has a total of $6.97 trillion from the record high of $7.16 trillion in early June. According to the Fed bank in Saint Louis, the decline was its largest in 11 years. Fed began to launch liquidity-boosting …
The Fed’s Balance Sheet Declines: Will Bitcoin Rise or Fall? Read More »
Bitcoin (BTC) miners have already been struggling since the top cryptocurrency’s halving. But seeing the fall in numbers amid financial concerns from the coronavirus pandemic leaves investors at the edge of their seats. A month after the halving, when Bitcoin’s mining rewards were shed by half, miners have suffered a 23% decline in revenue. Reduced …
Following news that Chinese miners are struggling to meet amends following the Bitcoin halving, it looks like mining difficulty had jumped too far. The BTC network measured a 15% surge for the figure, the highest in nearly two and a half years. The difficulty level for how hard it is for miners to compete for …
Bitcoin Mining Jumps to Record Highs Post-Halving Read More »
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