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Ethereum Hashrate Taps an All-Time High Amid This Week’s Crypto Market Meltdown
15.5.2022
Amid the crazy week in the world of cryptocurrencies and the Bitcoin network’s mining difficulty reaching a lifetime high at 31.25 trillion, Ethereum’s hashrate tapped an all-time high on May 13, at block height 14,770,231. Cryptocurrency miners continue to dedicate large quantities...
Despite the Low Price, Bitcoin’s Hashrate Remains Elevated as Difficulty Taps an All-Time High
14.5.2022
Amid the Terra blockchain meltdown, Bitcoin’s hashrate has been well above the 200 exahash per second range, at 212 EH/s at the time of writing. Bitcoin’s hashpower has remained high after reaching an all-time high on May 02, at block height 734,577. Moreover, while bitcoin miners...
Crypto Biz: Luna’s meltdown will live on in infamy, May 5-11, 2022
13.5.2022
The cryptocurrency market has seen a lot of dark days in its history, but few compare to the events of the past week
UST Meltdown Hasn't Spurred US Financial Stability Council Meeting: Sources
11.5.2022
As one of crypto world’s major stablecoins – TerraUSD (UST) – slid toward disaster this week, it hasn’t triggered any meetings of U.S. government officials. Despite the recent federal stance that stablecoins could pose a rising threat to the U.S. financial system, the Financial Stability Oversight...
LUNA meltdown sparks theories and told-you-sos from crypto community
11.5.2022
Some of you saw it coming; some of you still can't believe it's real. Was the "most significant collapse in crypto history" an attack?
Bitcoin Unaffected by Hong Kong’s Hang Seng Meltdown
15.3.2022
Analysts says that the market crash in Hong Kong is being driven by regulatory not monetary policies, which is why the contagion has not spread to crypto
Crypto Market Values Nosedive Amid Global Market Meltdown, Widening Default Risks
20.9.2021
Crypto markets have dropped a great deal in value over the last 24 hours as crypto assets across the board have lost anywhere between 7-15% in value during this time period. The overall market valuation of all 10,000+ crypto-assets in existence has slid just below the $2 trillion handle, losing...
An NFT Storm Brewing for OpenSea as FTX's New Platform 'a Month Away'
20.9.2021
on-solana-meltdown-nfts">told Bloomberg that the exchange has a “robust framework,” and is therefore “set up for an easy expansion” – specifically to include NFTs minted externally.The exchange already allows their users to mint and list NFTs, but the next goal is to enable them to bring
Fetch.ai (FET) ignores the Bitcoin-led market meltdown by notching a 60% gain
8.9.2021
FET price spiked by 60% in an otherwise red market thanks to a growing number of real-world use cases and protocol upgrades
Peak 2021 Is Already Here as Schiff and Musk Go into Eggplant Twitter Meltdown
23.2.2021
Peter Schiff. Source: a video screenshot, Youtube, Peter Schiff
The bitcoin (BTC) arch-skeptic Peter Schiff and crypto man-of-the-moment Elon Musk have come to virtual blows on (you guessed it) Twitter in a war-of-words over BTC...and vegetable emojis.
Yes, 2021 has just out-2021ed itself,...
Snowden Recalls His Bitcoin Comment Made During the Coronavirus-Driven Meltdown in Crypto Market
7.12.2020
The famous American whistleblower, Edward Snowden, took to his Twitter account once again to talk about bitcoin. This time around, he confirmed on December 7, his call on the bottom that the crypto reached on March 12, 2020. Snowden Remembers His Call on Bitcoin’s Bottom in March 2020 Edward...
Lebanon’s Financial Meltdown: Currency Plunges 80%, Huge Losses at Central Bank, IMF Bailout Stalled
29.6.2020
The financial crisis in Lebanon has seen its currency, the Lebanese pound, fall 80%. The International Monetary Fund (IMF) has estimated that the country’s central bank has accumulated losses as much as 170 trillion pounds. The disagreement between the Lebanese government and the central bank...
First Mover: Amid Economic Meltdown, Bitcoin Is Winning as ‘No Value’ Buffett Eats Crow
5.5.2020
Bitcoin is beating stocks this year, but it's also crushing the shares of Berkshire Hathaway, whose billionaire CEO said in February that the cryptocurrency had "no value."
Lebanese Currency Collapse: Failed Policies Led to Economic Meltdown
4.5.2020
Lebanon is facing an unprecedented economic crisis and the local currency has already lost about 60% of its value. The central bank’s policies have come under fire while citizens are protesting how the government handles the economic meltdown which led to people’s living situation...
Data Shows the US Economy Was Collapsing 5 Months Before the Coronavirus Outbreak
3.5.2020
During the last two months, the global economy has shuddered and a great number of people still attribute the financial meltdown to the Covid-19 outbreak. However, during the last two weeks, the blame has shifted, as many citizens are now blaming the government lockdowns, overly-predictive models...
After Pundits Predicted Bitcoin’s Death for 11 Years, Barrels of Crude Oil Trade Below Zero
21.4.2020
Global markets had a historical day on Monday, as the price of oil dropped below zero and closed the day at -$36 per barrel of crude. The oil crash below zero has never happened in anyone’s lifetime and economists worldwide are uncertain about the future of the world’s financial system...
Oxford Law Says World Needs Crypto Regulation to Prevent Financial Meltdown
20.4.2020
Oxford law researchers say crypto regulation is needed for preventing traditional financial markets from systemic risk
US Mortgage Industry Could Collapse as Housing Crisis Looms, Experts Say
31.3.2020
The U.S. mortgage industry faces collapse once again, this time due to the economic consequences following the coronavirus outbreak and massive job losses. Up to 50% of borrowers could default on their mortgage payments, according to industry estimates. Since the stimulus bill signed by President...
After BitMEX Meltdown, Should Shorting Be Banned on Crypto Exchanges?
22.3.2020
Many countries in Europe banned short selling after the global financial crisis, should crypto exchanges do the same after Bitcoin’s recent 50% drop?
Crypto Market Meltdown Continues as Bitcoin Price Drops Below $5,000
13.3.2020
Today’s historic 50% correction shows that volatility within traditional markets continues to negatively influence Bitcoin’s price