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Bitcoin’s Hashrate Drops Below 100 Exahash, Observers Describe China’s ‘Great ASIC Exodus’
23.6.2021
Most of the crypto community has been focused on the developments in China and more specifically, the crackdowns against bitcoin miners in Inner Mongolia, Xinjiang, Qinghai, Yunnan, and Sichuan. On Wednesday morning (EST), Bitcoin’s overall hashrate has continued to drop and is now below...
While Bitcoin Hits New Lows Gold Bug Peter Schiff Blasts the Top Crypto and Supporters
23.6.2021
The American economist, financial commentator, and gold bug Peter Schiff had a lot to say about bitcoin’s price sliding on Tuesday. Schiff has always claimed bitcoin’s value will one day drop to nothing. This week he insists bitcoin’s chart shows a head and shoulders top pattern...
Bad call? Bitfinex bears closed a block of Bitcoin shorts before the drop below $32K
22.6.2021
Bitcoin short positions at Bitfinex soared as BTC price dropped below $40,000, so why did the majority of them close before the largest part of the correction?
Outriders Doubles Horrendous Legendary Drop Rate
22.6.2021
If players have one complaint about Outriders—besides the rampant connectivity issues and the inexplicable instant deaths—it’s with the game’s apparent dearth of legendary weapons and armor. Today, after much community feedback, developer People Can Fly finally addressed the issue by rolling out...
Ethereum, Litecoin, DOGE Miners Run Fewer Rigs Amid Bitcoin Hashrate Drop
21.6.2021
Bitcoin (BTC) saw a double-digit drop in its hashrate (the computational power of the network) in a single day following the recent regulatory crackdown in a vital mining region in China, as well as from its June peak. However, Ethereum (ETH) and several other proof-of-work (PoW) projects shared...
Bitcoin retests $37K support, gold and stocks drop lower over Fed comments
18.6.2021
Steady BTC inflows to crypto exchanges and fallout from the Federal Reserve’s plan to hike interest rates dropped Bitcoin price to the $37,000 support
After Central Bank Devalues Naira by 5% Finance Minister Attributes Drop to ‘Market Forces’
14.6.2021
Nigerian Finance Minister Zainab Ahmed has denied widespread reports that the Central Bank of Nigeria (CBN) had sanctioned the devaluation of the local currency sometime in May 2021. Instead, she attributes the naira’s fall to the “volatility in the oil price.” Ahmed’s...
Adding Shadows to SVG Icons With CSS and SVG Filters
11.6.2021
Why would we need to apply shadows to SVG?
Shadows are a common design feature that can help elements, like icons, stand out. They could be persistent, or applied in different states (e.g. :hover, :focus, or :active)
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The post Adding Shadows to SVG Icons With CSS and SVG Filters appeared...
Commodity Strategist Mike McGlone Says $40K BTC Target ‘More Likely’ Than $20K
9.6.2021
Bloomberg Intelligence senior commodity strategist Mike McGlone believes bitcoin is “more likely” headed for $40K instead of $20K after discussing the possibility of capitulation in a recent tweet. McGlone’s opinion follows a number of predictions that say bitcoin could drop...
Study Shows 36% of Nigerian Adults Are Financially Excluded — Digital Financial Services Bolsters Inclusion
6.6.2021
Nearly 36% of Nigeria’s 106 million adults lack access to both regulated and unregulated financial services, according to the findings of the Enhancing Financial Innovations and Access (EFIA) study. In addition, while the findings do suggest a marginal drop in the percentage of financially...
Bitcoin Dips as Elon Musk Tweets Broken Heart Emoji
4.6.2021
The price of the leading cryptocurrency took a hit after billionaire Elon Musk mentioned Bitcoin in a new tweet hinting at a breakup. Musk’s latest crypto post, featuring a broken heart emoji and a reference to a Linkin Park song, effectively halted this week’s market rebound. Musk...
Curve (CRV) sees 150% rebound as DeFi bottoms and ETH gas fees drop
3.6.2021
Falling Ethereum gas fees, the launch of Convex Finance and the DeFi sector reaching a potential bottom back CRV’s impressive 150% rally since May 23
Bonsai bonanza as Zenft studio sells out $2 million NFT drop in one hour
2.6.2021
The digital trees are a smash hit amid a demand drought for NFT projects
Classic technical indicator foresees another massive Bitcoin price drop with $16K target
2.6.2021
Bitcoin is forming a textbook downside continuation structure called Bearish Pennant whose ultimate breakout target lurks near $16,000
A Crash Course in WordPress Block Filters
2.6.2021
Blocks in WordPress are great. Drop some into the page, arrange them how you like, and you’ve got a pretty sweet landing page with little effort. But what if the default blocks in WordPress need a little tweaking? Like, what …
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Veteran trader Peter Brandt sees Bitcoin crashing further after May’s 50% drop
1.6.2021
Peter Brandt, a veteran financial analyst and trader, is questioning whether Bitcoin has more upside in the near term
Bitcoin Mining Difficulty Experiences This Year’s Largest Epoch Drop, Global Hashrate Slips Lower
31.5.2021
Bitcoin’s mining difficulty dropped this week at block height 685,440 and saw the largest negative drop of the year losing close to 16%. Overall the global hashrate has dropped around 2% since the price fell below the $40k handle. Currently, the mining difficulty is around 21 trillion, and...
Spiral Out — Using the Golden Ratio and Fibonacci sequence to Predict Bitcoin Price Cycles
29.5.2021
The leading crypto asset bitcoin has seen its value drop more than 53% from its all-time high above the $64k handle, sliding to a low of $30k on May 19. While bitcoin is still down 25% during the last 30 days, it’s hard to forecast where bitcoin’s value is going from here. Although...
Bitcoin Mining Difficulty Set For Sharp Drop This Weekend
28.5.2021
Bitcoin mining rigs. Bitcoin (BTC) mining difficulty may be knocked out of its just recently gained all-time high this weekend, back to a March level.
If this adjustment goes as currently (16:00 UTC) estimated by mining pool BTC.com, mining difficulty - which is the measure of how hard it is...
Bitcoin can still drop to $20K but holding remains winning strategy, data shows
28.5.2021
A majority of Bitcoin investors that held the cryptocurrency during its turbulent periods stand profitable