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Bitcoin’s Hashrate Dips, Mining Difficulty Expected to Decrease for First Time Since July
27.11.2021
Bitcoin’s hashrate has been volatile in recent times following the same patterns as the crypto asset’s price. Three days ago, Bitcoin’s hashrate neared the 180 exahash (EH/s) zone only to plummet to 128 EH/s two days later. The recent shifts have taken place before the upcoming...
Multi-Chain Future Brings Multiple Competitors to Bitcoin & Ethereum - Analysts
21.9.2021
on Monday with fellow analyst Wilson Withiam and Messari CEO Ryan Selkis, Ryan Watkins said that the current multi-chain environment provides “so many ways to be productive with your capital” that the question really becomes how bitcoin can continue to stay relevant in the future. And w
Remittances to Africa Set to Drop by 5.4 % to $41 Billion — Covid-19 Pandemic and High Sending Costs Blamed
21.9.2021
According to findings from the Continental Migration Report 2021, remittances to African countries are projected to decrease from the $44 billion recorded in 2020 to $41 billion. The Covid Effect As expected, the Covid-19 pandemic is identified as one of the main causes of the decline. However...
Bitcoin, Ethereum and Altcoins Show Signs of Another Decrease
15.7.2021
Bitcoin price failed to climb above the USD 33,000 and USD 33,200 resistance levels. BTC is slowly moving lower and it is trading well below USD 32,500. The current (11:45 UTC) price action suggests high chances of more downsides below USD 31,500.
Similarly, most major altcoins are slowly moving...
Bitcoin and Altcoins Start Corrective Decrease
12.8.2020
As discussed yesterday, bitcoin price started a downside correction below the USD 11,800 level. BTC even broke the key USD 11,500 support level. It is currently (08:30 UTC) down over 2% and it seems like there are chances of more losses towards the USD 11,200 and USD 11,000 levels.
Also, many major...
Bitcoin and Altcoins Start Corrective Decrease, Key Supports Nearby
10.7.2020
Bitcoin price failed to clear the USD 9,500 resistance level and recently started a downside correction. BTC traded below the USD 9,300 support level and it is currently (08:30 UTC) struggling to stay above USD 9,150. If it fails to stay above USD 9,050 and USD 9,000, there are chances of a strong...
Bitcoin And Altcoins Start Fresh Decrease After Crucial Rejection
19.6.2020
Yesterday, bitcoin started a fresh decrease after it failed to climb above USD 9,500. BTC gained bearish momentum today and broke the USD 9,300 support level. It seems like the price is likely to continue lower towards the USD 9,050 and USD 9,000 support levels.
Similarly, most major altcoins...
Will Easing Lockdown Lead to a Decrease in Bitcoin Trading in Russia?
28.5.2020
Financial experts and crypto exchanges say they are confident that as Russia comes out of lockdown, crypto trading and investment will continue to grow. But others warn that some locked-down crypto first-timers will exit the market – although they may not be missed.
As previously reported, Russian...
Bitcoin And Altcoins In Corrective Decrease: Key Supports To Watch
4.5.2020
This past week, we saw a strong upward move in bitcoin price above the USD 8,850 resistance area. BTC/USD even surpassed the USD 9,200 resistance and traded close to USD 9,500. Recently, it started a downside correction below USD 9,000 and it could correct further towards USD 8,550 or...
Bitfinex’s BTC Holdings Decrease by One-Third in a Month
15.4.2020
Bitfinex’s coffers hold 66,000 fewer Bitcoin than they did four weeks ago. Does the increase in its Ether holdings make up for the loss?
Bitcoin And Altcoins In Corrective Decrease
1.4.2020
Recently, bitcoin price retested the key USD 6,550 resistance area. BTC/USD failed to settle above USD 6,550 and started a downside correction. The price is now (08:30 UTC) trading below the USD 6,400 level and it could correct further towards the USD 6,200 support area.
Similarly, many major...
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...
Bitcoin Drops Below USD 5,000, Altcoins Start Fresh Decrease
16.3.2020
This week started with a fresh increase in selling pressure on bitcoin below the USD 5,500 resistance area. BTC/USD broke a couple of key supports near the USD 5,200 and USD 5,000 levels to enter a bearish zone. It seems like there are chances of more losses below USD 4,800 and...
Bitcoin and Altcoins Showing Signs of Corrective Decrease
14.2.2020
After yet another rejection close to USD 10,500, bitcoin price started a downside correction. BTC/USD broke the USD 10,350 and USD 10,200 support levels. It is now consolidating losses, with signs of a corrective decrease towards USD 9,850.
Similarly, there was a minor decline in most major...
Russian State-Run Tech Firm to Decrease Spending on Blockchain by 50%
27.1.2020
Rostec plans to cut spendings on blockchain development in Russia by at least 50%
Bitcoin and Altcoins Signaling Another Decrease in Short Term
2.1.2020
This week, bitcoin price faced an increase in selling pressure below USD 7,350. As a result, BTC/USD settled below the USD 7,250 support and recently tested the USD 7,120 support. The current market sentiment suggests high chances of more downsides below USD 7,100 in the short term before...
Lisk's Lightcurve Lays Off 40% of Workforce to Decrease Overheads
13.12.2019
The Lightcurve blockchain development studio has laid off 40% of its employees earlier this week in order to remain nimble
Bitcoin and Altcoins Start Fresh Decrease, Bulls In Check
11.12.2019
After a failed attempt to clear the USD 7,550, bitcoin price started a fresh decline. BTC/USD broke the USD 7,400 support area and even the USD 7,350 pivot level. The price is now (09:00 UTC) struggling to stay above USD 7,200 and it may continue to move down.
Similarly, there was a fresh decrease...
Bitcoin and Altcoins In Corrective Decrease, Key Supports Nearby
30.10.2019
After starting a downside correction, bitcoin price declined below the USD 9,500 and USD 9,350 support levels. BTC/USD is currently (09:00 UTC) trading below USD 9,250 and it seems like it could correct further in the near term. However, the bulls are likely to appear near USD 9,000 or...
Bitcoin Breaks Key Support, Altcoins Start Fresh Decrease
16.10.2019
After a close below the USD 8,400 support level, bitcoin price extended its decline. BTC/USD broke the key USD 8,250 support to move into a negative zone. The price even traded below the USD 8,100 level and it is currently (08:00 UTC) consolidating losses. Also, there was a fresh decrease in many...