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Nalezeno "CUT": 524

Canaan Reports $5.6M Loss in Q1 Despite Bitcoin Miner Price Cut

22.5.2020
The China-based manufacturer had cut the pricing for its bitcoin miners by half during the first three months

Brazil Watchdog Reopens Probe into Banks that Cut off Crypto Exchanges

21.5.2020
There is new hope for the Brazilian crypto exchanges whose banking activities were halted abruptly some two years ago by a collective comprising some of the nation’s top commercial banks. Per news agency FolhaPress, the Brazilian finance watchdog, the Administrative Council for Economic Defense...

Bitcoin Sentiment on Twitter Reaches Its Highest Level in 3 Years, Says Data Firm The Tie

20.5.2020
Positive investor sentiment about bitcoin (BTC) on Twitter has reached record levels – its highest in three years – triggered by the cryptocurrency’s supply cut earlier this month, data shows. According to crypto data company The Tie, the 30-day average daily sentiment score is...

Bitcoin Miners Revenue Plunge 48% as Halving Impact Kicks In

14.5.2020
Revenue for Bitcoin (BTC) miners plunged 48% a day following the third halving, as the full impact of the periodic supply cut event began to take effect. According to data from crypto company Blockchain, the total value of block subsidies and transaction fees paid to miners crashed to $8.95 million...

Bitcoin’s Third Halving Complete: Reward Cut Surprisingly Faster Than Previous Time Estimates

11.5.2020
The Bitcoin blockchain has experienced its third block reward halving on May 11, 2020, at approximately 3:21 p.m EST, even though quite a few countdown clocks estimated that the halving would occur on May 12. Bitcoin miners now get 6.25 BTC per block rather than the 12.5 BTC they acquired before...

Traders Say Binance Cut Their Bitcoin Shorts: Here's Why It Happened

10.5.2020
Traders claim that their Bitcoin shorts were unfairly cut on Binance Futures, but the process is called auto-deleveraging, and here is why it happens

Iran to Cut 4 Zeros From Its Currency Amid Chronic Inflation and US Sanctions

7.5.2020
Iranian lawmakers have reportedly approved a plan to slash four zeros from the national currency, the rial, which has been falling sharply in value amid chronic inflation and the U.S. sanctions. The official currency will also be replaced. Economists are skeptical about how the changes will affect...

Bitcoin to Peak at $115,000 by August Next Year, Says Pantera Capital CEO

6.5.2020
Pantera Capital chief executive officer Dan Morehead has predicted a 50% chance the price of bitcoin (BTC) will hit $115,000 by August next year. In a recent letter to investors, Morehead said: “If the new supply of bitcoin is cut in half (with the May 12 halving), all else being equal,...

Consensys Cuts Hundreds of Jobs This Year – About 25% of Its Staff Slashed

22.4.2020
Ethereum-based company Consensys has cut hundreds of jobs since January. In its latest action, the US-based blockchain development team confirmed it will slash more than 90 jobs – or 14% of its workforce – citing the global impact of Covid-19. The decision comes after a virtual town...

Zcash Foundation Cuts Q1 Spending 17% to $2.7 Million – ZEC Tanks 9% in 24 Hours

21.4.2020
The Zcash Foundation cut spending by 17% during the first three months of this year due to Covid-19 pressures. In its first-quarter report, the foundation said it spent only $2.68 million from an initial budget of $3.24 million. The report says: Our budget reduction primarily stems from cancelling...

Bitmain to Compensate its Past Customers After Price Cut

14.4.2020
Customers that bought AntMiners S17+ and T17+ before the price cuts have the right to a partial refund from Bitmain

Binance CEO Says Leveraged Tokens Were Cut Because Users ‘Don’t Read Warning Notices’

30.3.2020
Binance only listed FTX leveraged tokens two months ago, but users have struggled to get to grips with the complex products

How to Quickly Cash Out From Crypto to Fiat

26.3.2020
There are many reasons why you might seek to liquidate your digital assets into fiat currency, be it to pay a bill, buy a meal, or cover an emergency. When needs must, speed is of the essence; no one has time to wait three days for a bank wire to clear. For those occasions when […] The post...

Fed Rate Cut: CZ Holds a Different Perspective

18.3.2020
The Covid-19 outbreak has affected the communities all over the world and has affected the worldwide economic activity. The financial conditions have been affected globally. As per the present economic data, the US economy is facing a challenging period. According to the official Press Release...

Bitcoin Reacts to Fed’s 0% Rate Drop, Reserve Requirements Removed, $700B in Stimulus

16.3.2020
On Sunday, the U.S. Federal Reserve slashed the benchmark short-term rate by 100 basis points bringing it to zero. In addition to the rate cut, the Fed promised $700 billion in bond purchases and eliminated all reserve requirements for smaller financial institutions. However, the Fed’s rate...