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Bitcoin’s Hashrate Slides 15% in 10 Days, Price and Difficulty Puts Pressure on BTC Miners
10.1.2022
The price of bitcoin has been on a long losing streak since November 10, 2021, when the leading crypto asset tapped an all-time high at $69K per unit. During the last two weeks, bitcoin has shed more than 19% in value, and the network’s hashrate has dropped from over 200 exahash per second...
Digital Ruble Poses Risks to Financial Sector and Security, Russian Lawmakers Warn
20.11.2021
Russian parliamentarians have cautioned against risks associated with the introduction of a digital ruble. Among them are the likely increase of competition pressure on banks and new challenges that may arise in the field of information security. Financial Market Committee Sees Threats in Digital...
Nigerian Central Bank Intensifying Fight Against Cryptocurrency Traders
10.11.2021
Just a few days after launching the e-naira digital currency, the Central Bank of Nigeria (CBN) is now reportedly ramping up the pressure against cryptocurrency traders. Bank Employees Warned In a memo to its staff seen by Bitcoin.com News, one of Nigeria’s leading banks, FCMB, warns...
Zilliqa Faces Dual Pressure From Resistance and 200 DMA!
27.10.2021
Zilliqa cryptocurrency has marked a strong movement recently but hasn’t been able to breach the previous resistance levels so far. 200 DMA was instrumental in elevating the selling pressure in the last two instances, which can be repeated. Investors should remain vigilant of the 200 DMA levels....
Elon Musk warns of 'strong inflationary pressure' as Tesla mulls Bitcoin payments
26.10.2021
The world's richest man, whose net worth hit a quarter of a trillion dollars this week, is also unsure whether inflation will ever calm down
Senators pressure Facebook to 'immediately discontinue' Novi wallet pilot
20.10.2021
Facebook’s crypto wallet has been shot down by banking committee senators just hours after it launched a pilot
Cosmos (ATOM) Faces Pressure From Both Resistance and Support!
5.10.2021
When we talk about cryptocurrency, one of the most basic thoughts we have is the mining process. The process of using shared computer processing resources to solve blocks and validate cryptocurrency was a revolutionary idea at the beginning. But with changing times, there is a serious requirement...
Nigerian Lawmaker Proposes Closure of All Domiciliary Accounts in Order to Save Imperiled Naira
30.9.2021
Nigerian lawmaker Ibrahim Obanikoro has called on Nigerian authorities to “close all domiciliary accounts for the next 12 months.” Such a move, he argues, will help to ease pressure on the naira, which has depreciated by more than 10% in the past two months. The Naira’s...
Bears apply the pressure as Bitcoin price revisits the $41K ‘falling knife’ zone
28.9.2021
Bitcoin traders say $43,600 needs to be regained to restore the bullish uptrend, but BTC futures and options data are showing signs of distress
Uniswap (UNI) Battles Selling Pressure at 100 DMA!
28.9.2021
Before we go about the value of Uniswap and how it is growing at a rapid rate, let’s understand one thing, why is cryptocurrency exchange being developed on a decentralized network with no direct controlling authority. The development of the market maker concept arose long before...
Aussie Banks Reject Crypto Industry’s 'Bullying' Allegations
10.9.2021
target="_blank" rel="noopener noreferrer" href="https://www.reuters.com/article/australia-banks-inquiry/update-1-australian-banks-reject-pressure-to-deal-with-cryptocurrency-firms-idUSL1N2QB06Z">reported by Reuters. McEwan claims the bank does not have a policy of debanking crypto-r
Edward Snowden Says Competing Nations Now Under Pressure to Acquire Bitcoin Following El Salvador
8.9.2021
Following El Salvador making bitcoin legal tender, privacy activist and whistleblower Edward Snowden says, “there is now pressure on competing nations to acquire bitcoin — even if only as a reserve asset.” He warned, “Latecomers may regret hesitating.” Edward...
Binance Discontinues Support for Norwegian Krone Pairs, Payments and Language
28.8.2021
Cryptocurrency exchange Binance is discontinuing certain offerings in Norway. The news comes amid regulatory pressure around the world which the global trading platform is working to address. The company is also dropping Norwegian from its website’s language options. Crypto Exchange Binance...
China to ‘maintain a high-pressure situation’ on crypto, official says
27.8.2021
An official at the People's Bank of China saidthat the public should increase their risk awareness and stay away from crypto investments
Monero Resists Selling Pressure Following Rally & Recent Atomic Swaps Launch
25.8.2021
The popular privacy-focused cryptocurrency monero (XMR) stood out as one of the better performers in what is a vastly red crypto market today, it itself turning red as well. This correction follows a rise of over 17% in the past week, and this strong price performance comes as the implementation...
Venezuelan Authorities Reconnect Affected Bitcoin Miners to Power Grid
18.8.2021
Venezuelan authorities have reconnected affected bitcoin miners to the power grid in Carabobo state, after having been disconnected for undisclosed causes. Sunacrip, the cryptocurrency watchdog in the country, mediated between the regional power utility authorities and the affected miners,...
Bitcoin price clings to $38K, but Dollar Index bounce could put BTC under pressure
4.8.2021
Bitcoin is in wait-and-see mode as the dollar trades near two-month lows on warnings that the Fed would continue its stimulus programs
Binance Quits Stock Token Trading as Hong Kong Adds to Mounting Regulatory Pressure
17.7.2021
Cryptocurrency exchange Binance has announced it will no longer support the trading of stock tokens. The decision comes against the backdrop of an ongoing regulatory crackdown, with Hong Kong becoming the latest to declare that the platform is not licensed to provide such services in...
El Salvador Bitcoin move will put pressure on network: JPMorgan
12.7.2021
Daily payment activity in El Salvador would represent more than 1% of the total value of BTC that have been transferred between wallets in the past year, JPMorgan experts say
‘Make or break’ for Bitcoin, Binance under pressure, Strike attacks Coinbase: Hodler’s Digest, June 27–July 3
3.7.2021