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Why Traders Expect Key Fibonacci Level to Drop Bitcoin Price to $5.3K
13.4.2020
Following the recent drop, Bitcoin price is vulnerable to a pullback to a key Fibonacci level at $5,300 in the short-term
Crypto Exchanges See Bitcoin Reserves Drop by 70% Since Black Thursday’s Market Rout
12.4.2020
Since the market carnage on March 12 otherwise known as Black Thursday, the exchange Bitmex has seen 36% of the trading platform’s bitcoin reserves withdrawn. A few other well-known crypto exchanges have seen cold wallets drained, while other trading platforms have witnessed reserve...
The Bitcoin Cash Halving Countdown – 50% Less Block Reward in 4 Days
4.4.2020
The Bitcoin Cash (BCH) network will face a halving in four days and many BCH proponents are getting ready for the big day. Unfortunately, the covid-19 outbreak has overshadowed the halving and BCH has dropped in value by roughly 30% since the end of February. Also Read: Bitcoin Halving Will Drop...
Manufacturers Mark Down Bitcoin Miners as Price Drop, Halving Change Calculus
3.4.2020
Last month’s bitcoin price crash has prompted manufacturers to sell their mining devices at discounts as steep as 20 percent ahead of the May halving
Bitcoin Hash Rate Drop: Miners, the Halving and Coronavirus Suspected
31.3.2020
The upcoming Bitcoin halving, miners’ capitulation and the coronavirus pandemic have all simultaneously affected the network’s hash rate. How long can it last, and what should we expect?
Capitulation? BTC Battered by Biggest Mining Difficulty Drop Since 2011
30.3.2020
BTC selling from miners could be impacting the price on spot exchanges, taking a closer look at Bitcoin’s mining difficulty provides some useful insights
Bitcoin Miners Are Selling Coins Faster Than They Can Generate Them
27.3.2020
According to data sites and a number of observers, bitcoin miners are selling coins faster than they can produce them. Ever since the market downturn on March 12 and the week of falling prices that followed, bitcoin miners have been struggling. Also read: Bitcoin Hashrate Down 45% – Miners...
Bitcoin Hashrate Down 45% – Miners Witness Second-Largest Difficulty Drop in History
27.3.2020
Bitcoin’s hashrate has plummeted 45% since the record-breaking levels it saw on Feb. 29. The hashrate touched an all-time high of 136 exahash per second (EH/s) but has since dropped to 75 EH/s. Moreover, the crypto network has seen the second-largest difficulty drop since October 2011. Also...
XRP Price Set for Big 40% Drop as Bitcoin’s Dominance Climbs Higher
26.3.2020
XRP price outlook looks bearish as several key support levels remain before another potential drop
Bitcoin Mining Difficulty Sees Historic Drop, Even Larger Might Be Coming
26.3.2020
After the second-largest Bitcoin (BTC) mining difficulty drop, the next one might be even bigger and provide even stronger relief to miners.
As predicted, Bitcoin mining difficulty (a measure telling us how hard it is to compete for mining rewards) has just dropped - but instead of 5.8% estimated...
Bitcoin Mining Difficulty Posts Second Biggest Percentage Drop in Its History
26.3.2020
Competition among Bitcoin miners has eased up, as the recent price drop thinned the herd, fresh data shows
An Introduction to MDXJS
25.3.2020
Markdown has traditionally been a favorite format for programmers to write documentation. It’s simple enough for almost everyone to learn and adapt to while making it easy to format and style content. It was so popular that commands from Markdown have been used in chat applications like Slack...
Ruble’s Drop Eases Pain of Lower Bitcoin Prices for Russia’s Miners
23.3.2020
The global market meltdown has indirectly benefited Russia's bitcoin miners, even as the cryptocurrency's price tumbled along with other assets
‘Buy Bitcoin’ Searches Skyrocket, Exchange Volumes Spike, Crypto Account Signups Swell 83% As Coronavirus Fears Heighten
22.3.2020
Exchange data and statistics from Google Trends, Twitter, and Baidu show that despite the recent price drop people are looking to buy bitcoin. During the week of the crypto market massacre that started on March 12, Coinbase broke traffic records and witnessed considerable trade volumes. Similarly...
Crypto Hedge Fund Goes Belly Up After Bitcoin Price Drop to $3.8K
20.3.2020
Collateral damage from last weeks 50% Bitcoin correction continues to arise as crypto hedge fund Adaptive Capital shutters all operations
Bitcoin Difficulty Set for 13% Drop as Hash Rate Following BTC Price
19.3.2020
Bitcoin’s difficulty and hash rate are beginning to suffer from its price declines, data warns
Bitcoin Rallies as Fiat Currencies Drop Against the U.S. Dollar
19.3.2020
After a major market crash last week, bitcoin (BTC), the most popular cryptocurrency, at least today is somewhat showing its power as a hedge against risks inherent in fiat currencies and the broader financial system.
Trading up 12% over the past 24 hours as of press time (USD 5,772 at 12:41...
Relief to Bitcoin Miners as Difficulty Set For Largest Drop in Five Months
19.3.2020
Bitcoin (BTC) mining difficulty is now estimated to drop in six days, offering relief to miners, squeezed by the market crash and the current record-high mining difficulty.
The next adjustment will see the difficulty, a measure that shows how hard it is to compete for mining rewards, go down...
Bitcoin Safe Haven Narrative in Question After Biggest Drop in 7 Years
17.3.2020
Last week’s market meltdown challenged Bitcoin’s store of value label but new data shows the crypto has earned its ‘digital gold’ label
BTC Hashrate Follows Price Drop – 20% Lower Before Bitcoin Halving
16.3.2020
Four days ago, digital currency markets lost billions and prices sank to levels not seen since last March. The market bloodbath has affected bitcoin miners as they are making fewer profits than they were a week prior. By Monday, March 16, BTC’s hashrate slid below the 100 exahash (EH/s)...