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As Bitcoin Drops in Value, Proof-of-Stake Tokens That Use Less Energy See Double-Digit Gains
15.5.2021
Crypto markets have been very volatile in recent times and a great number of digital assets have dropped more than 30% in value during the last three days. Although, not all the coins in the crypto economy are doing badly, as coins that do not leverage proof-of-work (PoW) consensus algorithms have...
Data shows the ‘Bitcoin price drops ahead of CME expiries’ claim is a myth
15.5.2021
Many traders believe the narrative that Bitcoin price drops ahead of CME BTC futures expiries, but data shows the trend is all bark and no bite
'Fear' grips Bitcoin as crypto market sentiment drops to lowest levels since April 2020
14.5.2021
Trader sentiment is verging on "extreme fear," the Index shows amid echoes of the climate after the March 2020 cross-asset crash
Bitcoin drops to $46K, altcoins sell-off as report claims Binance is under investigation
13.5.2021
News that Binance could be under investigation by the US Justice Department and IRS triggered a market-wide sell-off which saw Bitcoin price drop to $46,000
Bitcoin loses 6% in an hour after Tesla drops payments over carbon concerns
13.5.2021
Bitcoin has shed nearly 6% in an hour after Tesla suspended its support for payments in BTC
US Dollar Share of Global Foreign Exchange Reserves Drops to 25-Year Low
6.5.2021
Serkan Arslanalp is Deputy Division Chief in the Balance of Payments Division of the International Monetary Fund (IMF)’s Statistics Department. Chima Simpson-Bell is an Economist in the same department.
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The share of US dollar reserves held by central banks fell to 59%—its lowest level in...
Dole x David Datuna NFT Collection for Charity Drops Today
6.5.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Merging the worlds of digital and physical art, The Dole Sunshine Company and “Hungry Artist” David Datuna teamed up to create and auction an NFT (non-fungible token) collection to raise awareness and funds...
Bitcoin Dominance In Payments Drops Amid Dogecoin, Altcoins Surge - BitPay
27.4.2021
Major crypto payment processor BitPay has reported the share of bitcoin (BTC) in their payments was the lowest last week, as altcoins such as dogecoin (DOGE), have been gaining traction, according to Sonny Singh, the company’s Chief Commercial Officer (CCO).
“BitPay processes over a billion dollars...
Bitcoin Dips Below USD 50K, Ethereum Drops, USD 3.5B Liquidated
23.4.2021
Bitcoin price struggled to clear the USD 55,500 resistance and it started a fresh decline. BTC declined below the USD 53,200 and USD 52,000 support levels. It even spiked below USD 50,000 and it is currently (04:30 UTC) correcting losses.
Similarly, most major altcoins declined heavily. ETH traded...
Bitcoin Hashrate Drops Over 45%, Xinjiang Grid Blackouts Blamed, BTC Price Slides 10%
18.4.2021
Since April 15, the Bitcoin network hashrate has dropped more than 49% after touching an all-time high at 218 exahash per second. Regional reports noted that in China the Xinjiang grid is having blackouts and “safety inspections.” Reports Claim Blackouts in Xinjiang, China Have Pushed...
Bitcoin price drops to $52K, liquidating almost $10B
18.4.2021
Fears of regulatory moves come as a brief hash rate crash from a Chinese power blackout already begins to rebound
Genshin Impact's PS5 Version Drops April 28 With Version 1.5
16.4.2021
If you’re looking at pretty anime people in anything less than 4K resolution, are you really looking at them? Genshin Impact’s native PlayStation 5 version launches with the April 15 release of version 1.5, giving you that sweet 4K support along with enhanced textures and faster loading times.Read...
Bitcoin Hashrate Drops After China Coal Mine Explosion; Difficulty at ATH
16.4.2021
A coal mine explosion in Xinjiang, an autonomous region of China, may have led to a Bitcoin (BTC) hashrate drop at a time when Bitcoin mining difficulty went for a new all-time high.
Primitive Ventures co-founder Dovey Wan said that there was a coal mine explosion in northwest China's Xinjiang...
BNB Drops As Binance Burns Almost USD 600M Worth of Coins
16.4.2021
Source: a screenshot, Instagram/binance
Binance coin (BNB) is the worst-performing major cryptoasset today as Binance said it has completed its 15th quarterly BNB token burn, destroying BNB 1,099,888 (USD 5.8bn).
At 09:19 UTC, BNB trades at USD 523 and is down by 4% in an hour and a day, trimming...
DeFiDrop’s DROPS Token Gets Listed on Pancakeswap
15.4.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
DeFiDrop, a new project that offers a specialized launchpad and incubator for DeFi, recently got its native cryptocurrency, DROPS token, listed on PancakeSwap decentralized exchange.
The project announced...
Bitcoin price drops to near $61K shortly after COIN lists on Nasdaq
14.4.2021
A volatility-filled listing for Coinbase’s COIN stock coincided with a 5% drop in the price of Bitcoin
VC Backed Billion-Dollar Stablecoin Project Fei Protocol Falls Below the USD Peg
8.4.2021
The new decentralized finance (defi) stablecoin project called Fei had some issues this week after the 1:1 USD pegged token dropped well below its targeted $1 value. The Fei project was supposed to be similar to Maker DAO’s algorithmic DAI stablecoin and it was backed by major venture capital...
Paris Hilton drops surprisingly well-informed article about NFTs
8.4.2021
Paris Hilton is bullish on non-fungible tokens and thinks the pandemic “illuminated the importance of digital worlds—and NFTs,”
Crypto Economy Nears $2 Trillion, XRP Gains 37%, BTC Dominance Drops to 56%
5.4.2021
Digital currency markets have seen some significant gains on Monday as the entire market capitalization of all 8,500+ cryptocurrencies in existence has jumped a few percentages. Bitcoin’s price has spiked a touch over 1.5%, but a number of other coins have seen much larger gains during...
GME drops 14% as GameStop announces plans to sell up to 3.5M shares
5.4.2021
After skyrocketing above $370 following the Reddit-driven short squeeze, GameStop shares are now trading at around $160