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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...
Is Bitcoin a Safe Haven? 80% BTC Price Recovery Boosts Investor Appeal
26.3.2020
Compared to major market indexes and gold, Bitcoin saw the best returns last week, suggesting investors are feeling confident that the asset is a safe haven against volatility
Printing Money from Thin Air – How the Fed Reduces Purchasing Power and Makes You Poorer
26.3.2020
Unless you have your head in the sand, you’ve probably realized that governments and central banks can print money out of thin air and in unlimited amounts. The United States and the Federal Reserve have been creating money from nothing for years because they had exhausted all their monetary...
‘What Bitcoin Did’ – Scanning the Hottest Cryptocurrency Keywords and Google Searches
26.3.2020
For years now the term “bitcoin” has managed to capture a tight relationship with specific trends and keywords online. News.Bitcoin.com decided to investigate the specific keywords, questions, comparisons, and prepositions that are often associated with the digital currency when people...
Bitcoin (BTC) Continues to Confuse; Will It Experience Bulls or Bears?
26.3.2020
Bitcoin continues to trade above $6k and $6.5k for the 5th day now, and we are likely to draw a week full of bullish crossover if it does not nosedive any sooner. However, even if BTC maintains a winning streak, it is drawing a controversial picture overall. In less than 30 days, the coin...
Bitcoin Price Volatility Alert as 50K BTC Options Open Interest Expires
26.3.2020
Bitcoin rejecting $7,000 comes as a large swathe of options open interest is set to expire on Friday
Kraken Predicts Wealth Transfer will Cause BTC Rise to $350K by 2045
26.3.2020
The price of Bitcoin could increase to $350,000 in the coming decades if younger generations invest 5% of their inheritance in crypto
China Is Drafting Laws for the Circulation of National Digital Currency
26.3.2020
Amid the coronavirus pandemic, China’s central bank has reportedly completed the basic development of the nation’s central bank digital currency. The central bank is now drafting legislation for its circulation, according to local media. A number of patents have revealed what...
Mt Gox Bitcoins: Trustee Plans to Distribute BTC and BCH, Liquidate Forks Into Cash
25.3.2020
On March 24, the Mt Gox creditors’ trustee from Tokyo, Nobuaki Kobayashi, disclosed a newly written rehabilitation plan for claimants looking to access some of the funds they lost in 2013. According to the new plan, Mt Gox claimants will get BTC and BCH assets alongside the possibility...
Why Today’s BTC Difficulty Adjustment May Cause the Price to Plunge
25.3.2020
Today’s Bitcoin mining difficulty adjustment may be an ominous sign for its price
$2 Trillion for Surveillance Capitalism – US Government Promises $1,200 to Every American
25.3.2020
On Wednesday, U.S. Congressional leaders had seemingly come up with a stimulus deal at around 1 a.m. EST. The package will cost upwards of $2 trillion and politicians are promising direct payments of $1,200 per American if they make $75,000 or less. The dollar injection will be the largest...
Price Analysis Mar 25: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LEO
25.3.2020
If Bitcoin sustains above $7,000, it is likely to pick up momentum and drive the entire crypto sector higher
Bitcoin Price Facing New ‘Death Cross’ Suggests No $10K BTC Before May
25.3.2020
Bitcoin facing uphill battle before the May 2020 halving
Bitcoin (BTC) Trades Above $6k Yet Draws a Complex Picture
25.3.2020
Bitcoin price has been trading above $6k for the 4th day straight and has even hit as high as $6.9k on Tuesday, March 24, 2020. However, the cumulative price trend of BTC shows a similar kind of bear market entry that happened in 2018, leading to unprecedented weekly highs and lows. On the other...
Bitcoin Price Rejects $7K but Tone Vays Says 75% Chance BTC Bottomed
25.3.2020
Tone Vays is increasingly confident that Bitcoin will not seek to put in new lows under $3,800
Privacy Browser Brave Integrates Cryptocurrency Trading Through Binance
25.3.2020
Privacy-oriented Brave has launched cryptocurrency trading within its browser. The company announced on Tuesday that over 12 million active monthly users of the privacy browser can now buy and sell cryptocurrencies, view their crypto balances, and obtain deposit addresses without leaving...
Anonymous Bitcoin SV Miners Capture 55% of the Network Hashrate
25.3.2020
The Bitcoin SV network has been a topic of conversation recently as stealth miners currently command more than 55% of the chain’s overall hashrate during the last seven days. Last year analysts noticed a large amount of the hashrate on all three SHA256 networks (BTC, BCH, and BSV) was being...
Shelter-in-Place for Cash? 2 Bills Submitted by US Congress Mention ‘Digital Dollars’
24.3.2020
During the last few days, members of the U.S. Congress have been trying to pen a stimulus plan to help the American economy. Since then, a few bills have been submitted by representatives and two particular proposals House democrats have tabled talk about a “digital dollar”...
Crypto Mining Crunch Time – Bitcoin Halving Less Than 50 Days Away While Global Economy Shudders
24.3.2020
On or around May 13, the BTC network will see a block reward reduction as miners will go from getting 12.5 coins per block to 6.25 coins following the halving. The last time the protocol’s block reward halved was on July 9, 2016, and the global economy looked a whole lot different back then....
Price Analysis Mar 23: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LEO
23.3.2020
If Bitcoin scales the next hurdle, the possibility of a move to $8,435 increases