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Middle East Tensions Trigger Equities Sell-Off, Bitcoin Drops to $60,246
1.10.2024
On Tuesday, major U.S. stock indices, including the Nasdaq Composite, Dow Jones Industrial Average, Russell 2000, and S&P 500, all closed in negative territory, driven by growing concerns over potential conflict escalation in the Middle East. According to the U.S. State Department, Iran...
Bitcoin Mining Difficulty Hits Record 72 Trillion Amid Hashrate Surge and $600M Spent on ASICs in December
24.12.2023
On Dec. 23, 2023, Bitcoin’s mining difficulty soared to a record level at block height 822,528. The difficulty surged by 6.98%, marking the most substantial escalation in nine months, since March 23. This increment set a new precedent, making the discovery of block rewards more arduous than...
Bitcoin Price Prediction as $40,000 Resistance Comes into Play – Can BTC Reach $50,000 This Week?
3.12.2023
As Bitcoin soars to a striking $39,390, up by a significant 1.50% in the last day, the crypto community is abuzz with anticipation. This remarkable surge forms a crucial part of the broader escalation in the total cryptocurrency market cap, which has now eclipsed the $1.5 trillion milestone....
SEC ‘Surrender,’ Fear of Middle East Escalation, Meme Coin Market Update — Bitcoin.com News Week in Review
22.10.2023
In big crypto and finance news this week, the SEC has dropped its lawsuit against top Ripple execs, Bridgewater founder Ray Dalio speculates on war in the context of strife in the Middle East, and a look at the meme coin market’s performance in 2023. This and more just below, in the latest...
US Inflation Climbs to 3.2% in July, Stoking Concerns and Dividing Market Opinions
10.8.2023
The most recent data from the Bureau of Labor Statistics reveals a growingly intricate inflationary scenario for the U.S. economy. Disclosed on Thursday, the Consumer Price Index for All Urban Consumers (CPI-U) exhibited a 3.2% annual increase in July, primarily propelled by housing expenses. This...
Wall Street Divided: Treasury Yields Surge Sparks Intense Debates and Divergent Bets
8.8.2023
In recent weeks, Treasury yields have skyrocketed, igniting a Wall Street dispute over whether the precipitous sell-off is now overextended. A small group of prominent investors are wagering that bond prices will bounce back following the abrupt escalation in rates. Hedge Funds Place Bold Wagers...
Bitcoin Mining Difficulty Poised to Break 50 Trillion Barrier, May 31 Projection Shows
26.5.2023
Despite an upswing in mining difficulty on May 18, current data projects Bitcoin’s mining difficulty to see a further escalation on May 31, 2023—potentially jumping between 1.1% and 2.51%. Bitcoin’s Difficulty Nears 50 Trillion Milestone Bitcoin’s mining difficulty...
Battlefield 2042's Season 3 Makes A Good Game Slightly Better
25.11.2022
The last time we took a look at Battlefield 2042, the belagured online shooter had just released its second major update and was, finally, starting to feel like something approaching a finished video game. With Season 3 out this week, it’s now even closer.Read more
Bitcoin, Ethereum Technical Analysis: ETH Lower, as Markets React to Missile Exploding in Poland
16.11.2022
Ethereum moved into the red on Nov. 16, as markets became nervous, following a missile accidentally exploding in Poland. Fears grew of potential escalation in the war between Russia and Ukraine, as the missile hit Poland, which is a NATO-backed country. Poland and NATO have both downplayed...
Bitcoin Price Prediction as Ukraine Conflict Escalation Fears Send Prices Lower – Time to Buy the Dip?
16.11.2022
A few hours ago, Bitcoin attempted to break the $17,000 barrier but was stopped by the release of UK inflation figures. Most alternative cryptocurrencies are also slightly down today. SBF, the former CEO of FTX, has been venting on Twitter about how he plans to make customers whole and how he plans...
Localbitcoins, Crypto.com, Other Providers Suspend Services for Russians Under EU Rules
16.10.2022
Complying with the latest EU sanctions targeting Russia, well-known cryptocurrency platforms like Localbitcoins, Blockchain.com, and Crypto.com have started to restrict or terminate services for Russian accounts. The moves follow the adoption of new European penalties in response to Moscow’s...
EU Bans Crypto Services for Russians in New Sanctions Over Ukraine Escalation
7.10.2022
An array of crypto-related services have been targeted in the latest round of sanctions on Russia approved by the EU. The measures are part of an expected tightening of the economic and financial restrictions in response to Moscow’s decision to annex Ukrainian territories. EU Council Adopts...
Latest EU Sanctions to Restrict Russians’ Access to Crypto Services in Europe, Report Unveils
1.10.2022
New sanctions discussed by EU member states amid the current escalation of the conflict in Ukraine are going to restrict European crypto services for Russians. Reports about the tightening have come after earlier this year the Union banned only “high-value” crypto-asset services...
Hopes for Russia-Ukraine War De-Escalation Hikes Euro
30.3.2022
Amidst intensifying fears about the Russia-Ukraine war, the news of de-escalation is a clear indication of diplomacy. With this news of peace breakthrough and de-escalation, the price of the Euro hiked as other currencies fought hard to find a floor. The U.S. Dollar Index showed that the currency...
AUD/USD Slips to 0.7150 with Escalation of the Russia-Ukraine Conflict
28.2.2022
The AUD / USD index has shown negative growth by hovering around 0.7180, a 0.72% drop compared to the previous week’s trading. This can result from the market weakness surrounding Russia and Ukraine’s geopolitical instability. Even the Australian strong rally in macroeconomic data could...
Dash (DASH) Beats the Bearish Pressure; Notes an Escalation of 27%
19.3.2020
Despite the current troubled market, DASH coin has efficiently carried out a price rise of more than 27% over a day. This is not a regular bullish price move, as while the currency has noted such an escalation, Bitcoin price has remained range-bound around $5200 to $5300. The overall market is...
Turkey to Inspect Cryptocurrency Exchanges as Part of Government Offensive Against Online Gambling
2.3.2020
Turkish authorities will soon be going after crypto exchanges operating in the country, local media reported. Although the trading platforms are not the prime target of a new push to increase budget receipts, they will be placed under close examination. The news comes as a military escalation with...
Discussion, Opposition, Escalation and 20 Crypto Jokes
29.2.2020
It was a busy crypto week. IOTA mainnet is paused but MIOTA’s still trading, FCoin wants to reopen but clients aren't happy, OKEx and Bitfinex suffered a DDoS attack, Ethereum’s core devs decided to implement ProgPow in July amid heavy opposition that only grew larger, Vitalik Buterin shared that...
Tron (TRX) Reverses Yesterday’s Escalation
11.11.2019
Tron price reflects a steep fall during intraday trading TRX coin still holds the possibility of improvement in the coming days Tron price has astounded the traders at the beginning of the year. The trend was intact until the beginning of the third quarter. The price of TRX coin started falling...
Bitcoin (BTC) Escalation Indicates Growth in the Future
2.11.2019
Bitcoin price escalates after a moderate fall. The intraday traders might experience a profitable closing. Bitcoin is trading around $9,200 since the opening of the month. The ongoing quarter was expected to bring the expected growth. The first month of the quarter brought heavy fluctuation....