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Countdown to Block Reward Reduction – 18 Days Until Bitcoin Cash Halving

20.3.2020
In 18 days, the Bitcoin Cash (BCH) network will see its next halving as the block reward will decrease from 12.5 to 6.25 coins on or around April 8, 2020. BCH will be the first blockchain out of the top three SHA256 networks to halve as BSV will see a reward reduction two days after […] The...

Litecoin Responds to BTC’s Price Rally; Reaches Above $40

20.3.2020
LTC coin has recently faced rejection at $43; formed support at $41 The bullish trendline has been formed, and it may remain intact if the market remains in favor Technical indicators are giving mixed signals at present; the coin has just formed a bullish candle Litecoin Price Analysis Litecoin...

How Long Will the Market Downturn Last?

20.3.2020
When will normality return? How long till global markets recover and bitcoin resumes the bull run it was teasing at before the coronavirus materialized? These are questions that all investors are pondering as the epidemic wreaks havok on gold, oil, stocks and – up until March 19 –...

Maduro Orders Venezuelan Bank Closures Amid Coronavirus Scare

19.3.2020
In order to combat the coronavirus outbreak in Venezuela, President Nicolás Maduro has ordered the entire country to quarantine themselves. With an inflation rate that rises more than 10,000% per year, the country’s citizens have already been dealing with economic turmoil. Maduro...

Bitcoin (BTC) Gains Intraday Momentum; Spikes Above $5.5k

19.3.2020
Bitcoin, at the time of writing this article, was trading above $5,500 after five days of sluggish pullback The intraday bullish crossover ramped up the market as the price trend of BTC formed consecutive higher high at $5,686.94, until the time of writing Today, the coin has spiked from the utter...

US Cash Crisis: Withdrawal Limits Spark Bank Run Fear

18.3.2020
The entire world has been focused on the economy as the coronavirus outbreak has devastated global markets. While stocks, commodities, and barrels of oil plunge in value, there’s been considerable demand for cold hard cash in certain countries. According to reports, Wall Street’s elite...

Bitcoin (BTC) Draws Higher Lows & Nosedives Below 200-day MA

18.3.2020
Bitcoin, at the time of writing, was trading around $5,000 and is observed drawing higher lows after marking an apex at $20,000, followed by $13,000 and $10,000 in the recent past. Important to note that the BTC had recorded the highest trading volume bar during this recent collapse when the price...

Interest in BTC Futures Drops Amid Discussions of Financial Market Closure

18.3.2020
Despite record-high volatility in bitcoin (BTC), derivatives traders appear to be pulling money out of the market, while a “rush to cash” becomes the overarching theme for the financial markets. The moves in bitcoin follow major volatility in the traditional financial markets, where some of...

BitMEX Explains the Attack to Doubting Customers; Refunds BTC 40

17.3.2020
Major crypto derivatives exchange BitMEX said that the root cause of the DDoS attacks on March 13 has been identified, and more than BTC 40 (USD 211,000) refunded to the affected users. BitMEX published a blog post authored by its Co-founder and CEO, Arthur Hayes, stating that the exchange...

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)...

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