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Oil Price Down After OPEC Deal Failure, Crypto Markets Severely Hit


Global oil prices plunged more than 26% on Sunday after the OPEC failed to strike a price deal with its allies. Saudi Arabia, the largest producer of crude oil in the world, slashed the oil prices along with planning to increase oil production further to be ready for a possible price war....

Bitcoin Hashrate, Mining Difficulty Hit New Highs and Inefficient Miners


As Bitcoin (BTC) mining difficulty and hashrate hit new highs, less efficient miners, hurt by the virus outbreak, new-generation rigs, and falling BTC prices, may be out of business. Bitcoin mining difficulty, a measure that shows how hard it is to compete for mining rewards, has hit yet another...

Bitcoin Gold Whale Allegedly Controls Half the BTG Supply


According to a recent study, bitcoin gold (BTG) market prices are being manipulated by a single whale who holds a significant portion of the bitcoin gold in circulation. The Bitcoin Gold network was recently hit with a 51% attack that caused two blockchain reorganizations. The team of...

A Sea Change to Crypto Hits America, Again


A sea change is coming to cryptocurrency in America. It is likely to hit in two separate waves: a central bank digital currency (CBDC) and draconian regulation that shuts down free-market activities, including development. Also Read: No Backdoor on Human Rights: Why Encryption Cannot Be Compromised...

Monero Price Attempts to Rise From 30-day Bottom Hit at $67


Monero price hits a 30-day low at $67, yesterday, just when Bitcoin was seen testing support around $8,500 Over the past four days, XMR against USD has recorded a dip over 22% from the weekly high of $86.418 to the low at $67.118, while currently trades at $71.1 The current trading price...

Crypto Law Implementation ‘Virtually Impossible’ in Virus-hit S Korea


The coronavirus continues to take its toll on the blockchain and cryptocurrency industry – and is now threatening to derail the introduction of a long-awaited piece of crypto legislation in South Korea. South Korea is suffering from a severe outbreak of the virus, with over 1,260 confirmed cases...

Crypto Exchange Operators Let Workers Stay at Home in Coronavirus-hit Japan


A number of leading Japanese firms – including the operators of two of the country’s biggest cryptocurrency exchanges – are taking steps to allow their employees to work from home or avoid rush-hour commutes as coronavirus fears deepen. Media outlet Crypto Watch reports that GMO Internet,...

You Can Privately Cash out Bitcoin on These P2P Exchanges – for a Premium


Using P2P exchanges to cash out bitcoin provides privacy, but it comes with a premium – a price premium, to be precise. Whether you’re buying or selling crypto on these semi-decentralized platforms, be prepared to take a hit on the market price. If you’re planning to sell bitcoin...

Beijing Launches Blockchain Loans Platform for Coronavirus-hit SMEs


Source: iStock/Enzo Nguyen@Tercer Ojo Photography Authorities in Beijing say they have launched a blockchain-powered loans platform that will help small and medium-sized companies affected by the coronavirus to borrow money and potentially stay afloat – as the disease threatens to batter the city’s...

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