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Erratic Processing Power: Bitcoin’s Hashrate Gains 45% in a Day, Then Loses 41 Exahash
11.11.2020
Seven days ago Bitcoin’s network difficulty saw the largest drop in nine years as it slid over 16% last week. Similar to the crypto asset’s price, the hashrate has been extremely volatile according to statistics. After dropping to 111 exahash per second (EH/s), the network hashrate...
Bitcoin price outlook still bullish despite drop from COVID-19 vaccine news
10.11.2020
Following highly volatile Bitcoin price action in the aftermath of its vaccine-induced drop, crypto traders explain where BTC is headed next
Currency Depreciation to Blame for 7.2% Drop in Global Remittances: World Bank Supports Digital Remittances
10.11.2020
According to a new report, the depreciation of some currencies against the U.S. dollar is contributing to the declining international remittances. After touching an all-time high of $548 billion in 2019, the World Bank report now projects remittances to drop 7.2% in 2020 to $508 billion and...
Bitcoin, Altcoins & Gold Drop while Stocks Rally on COVID-19 Vaccine News
9.11.2020
Bitcoin (BTC) and other major coins extended their decline today, while stocks rally on the major vaccine news. Meanwhile, gold is down too.
It has been revealed that the COVID-19 vaccine that is being developed by American pharmaceutical corporation Pfizer Inc. and German biotechnology company...
Bitcoin, stocks drop as markets uncertain about US election result
4.11.2020
The price of Bitcoin suddenly fell by 3% in several hours alongside the U.S. dollar, gold and stocks as the outcome of the United States' election is still up in the air
Bitcoin Network’s Mining Difficulty Sees Largest Epoch Drop Since 2011
4.11.2020
Bitcoin’s mining difficulty saw the second-largest drop in history on Tuesday, as the difficulty dropped to 16.78 trillion, losing a touch over 16% since last week’s all-time difficulty high. The last time bitcoin’s mining difficulty dropped so low was in October 2011, when...
Bitcoin whales tread water and hodl despite recent BTC price drop
3.11.2020
Various on-chain data shows that Bitcoin whales are holding onto their funds and have little interest in selling in the short term
Bitcoin’s Mining Difficulty Sees Largest Percentage Drop in 9 Years
3.11.2020
Bitcoin’s mining difficulty just recorded its largest percentage decrease since the advent of ASIC mining machines in late 2012
Bitcoin just had its biggest mining difficulty drop since 2011
3.11.2020
BTC price action remains relatively stable as the network automatically takes care of higher fees and slower block times
Bitcoin Mining Difficulty Sees Its Second-Largest Drop Ever
3.11.2020
Bitcoin (BTC) mining difficulty just had its largest drop since 2011 and the second-largest in history of the network.
According to major mining pool BTC.com, mining difficulty, which is the measure that shows how hard it is to compete for mining rewards, has dropped more than nearly 15% estimated...
Bitcoin Mining Difficulty Set For Double-Digit Drop on Tuesday
2.11.2020
Bitcoin (BTC) mining difficulty could revert to levels not seen since August – with a forecasted drop in difficulty of almost 15% on the cards, similarly to what BTC miners experienced after a market crash in March.
Per BTC.com, a major mining pool, data, the next bi-weekly readjustment will take...
Stellar Price Continues to Drop Over the Past Week
31.10.2020
Stellar, the massive medium of exchange, is among the top 20 coins of the market due to its lucrative platform. XLM coin trades with a bearish pullback due to loss of momentum in the entire crypto market, along with a strong resistance held by Bitcoin at $14k. The Stellar Network has gained enough...
‘Price follows hash rate’ — Bitcoin fundamentals drop may delay $14K
29.10.2020
Echoes of June appear among miners, but the future could likewise produce a price rebound if history repeats itself
Market Wrap: Bitcoin Falls to $12.7K as Global Equities Falter; Ethereum Fees Continue to Drop
26.10.2020
Bitcoin’s price took a dive along with most other assets as Ethereum fees continue to dip
Imploding Trump Pelosi COVID-19 deal leads to 3% Bitcoin price drop
26.10.2020
Bitcoin price fell 3% as the U.S. stock market plummeted, but traders expect these two key levels to prevent a deep BTC pullback
Validators Drop Off Ethereum 2.0 Testnets as Mainnet Release Looms
20.10.2020
Participation on both the Zinken and Medalla testnets has fallen as developers prepare for the deposit contract’s release
Crypto Cruise Ship ‘Satoshi’ to Make Panama Bay Home
12.10.2020
The Crypto Cruise Ship called Satoshi is gearing up to set sail from the Mediterranean to Panama, where it will drop anchor and call the bay its home. The ship has 777 cabins that will be auctioned off as condos. Bitcoin will be accepted for all goods and services aboard. Crypto Cruise Ship...
Digital Yuan Giveaway: China’s Shenzhen City Hands Out 10 Million Yuan in Central Bank Digital Currency
10.10.2020
A major Chinese city is giving away 10 million yuan in the country’s central bank digital currency this weekend. Recipients can use their digital yuan at 3,389 stores next week. The city aims for the giveaway to boost usage of the new government-backed digital currency. Chinese City Giving...
Yearn Finance Token Value Slides 67%, While Locked Value Loses Over $300M
8.10.2020
Yearn Finance’s native token YFI has been seeing significant capitulation as the price has dropped from an all-time high (ATH) of $43k in mid-September to today’s $13,875 USD value. Despite the -67.7% loss since the token’s ATH, the Yearn Finance project still has around $624...
BitMEX Says It’s ‘Business as Usual’ Despite 30% Drop in Bitcoin Balance After CFTC, DOJ Action
7.10.2020
More than 57,000 BTC have been withdrawn from BitMEX since Sept. 30