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Bitcoin Trades Below Heavy Resistance, Altcoins Consolidate


In the past few hours, bitcoin price managed to correct higher above USD 9,000 and USD 9,080. BTC even attempted an upside break above the USD 9,200 resistance, but it failed. The price is now stuck in a broad range below the USD 9,200 and USD 9,300 resistance levels. Most major altcoins are also...

US Contract Miner Core Scientific Buys 17,600 Bitcoin Miners From Bitmain


U.S. contract mining firm Core Scientific has agreed on a deal to buy 17,600 mining rigs from Chinese bitcoin hardware maker Bitmain Technologies Inc. The company is buying Bitmain’s next-generation bitcoin (BTC) miner, the Antminer S19, it said in a statement on June 29. The miners will...

‘Sophisticated’ Hacker Plunders $450,000 From Defi Protocol Balancer


Decentralized finance (Defi) protocol ​Balancer was on Sunday hacked for more than $450,000 worth of cryptocurrency. In two separate transactions, an attacker targeted two pools containing Ethereum-based tokens with transfer fees – or so-called deflationary tokens. Pools with Sta...

Bitcoin Mining Difficulty Might Remain At Almost the Same Level


Bitcoin (BTC) mining difficulty is estimated to adjust tomorrow, offering a small change to miners following the highest adjustment in two years recorded two weeks ago. The next adjustment is expected to happen on Tuesday afternoon (UTC time). The next adjustment is expected in a day. Per...

Bitcoin Miner Ebang Mulls Crypto Exchange, BTC Refunds + More News


Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Exchanges news Chinese crypto mining company Ebang International Holdings Inc. is planning to launch an offshore exchange...

This New Bitcoin Model ‘Picks the Start of Exponential Bull Runs’


A teaser of what appears to be a new bitcoin (BTC) price model that aims to spot the exact points in time where “exponential bull runs” start have been shared by Willy Woo, a popular BTC analyst. If the model is right, the next bull run could be right around the corner. According to Woo, his...

Bitcoin and Altcoins at a Turning Point


This past week, bitcoin started a fresh decline below the USD 9,500 and USD 9,200 support levels. BTC even broke the USD 9,000 handle before it found support near USD 8,800. The price is currently (08:30 UTC) recovering, but the bulls are likely to face hurdles near USD 9,200 and...

Bolstering Separation of Money and State Following the 244th Independence Day


With the fourth of July approaching, many Americans will have to contemplate whether or not the holiday is an empty affair. After the last thirteen weeks of Covid-19 lockdowns, business shutdowns, and police brutality, the lack of liberty and freedoms in the U.S. has never been more apparent. With...

Skeptics Concerned Plustoken Scammers Plan to Dump $187M Worth of Ethereum


Crypto market skeptics and speculators are concerned about 789,000 ETH that started moving four days ago last Wednesday. The transaction was recorded by Whale Alert, and the $187 million worth of ether stems from the Plustoken scammers. On Wednesday, June 24, 2020, at approximately 9:46 a.m. (ET)...

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