Coinspeaker More than Half of Global Bitcoin Hash Rate Is Controlled by One Single Province in China A recent report has confirmed that not only does China control a large percentage of Bitcoin’s worldwide hash rate, but most of it also comes from just one province. More than Half of Global Bitcoin Hash Rate Is […]
Coinspeaker Ethereum Price & Technical Analysis: Nothing Stops ETH from Declining On Thursday, December 12th, the ETH is still declining, trading at $141.83. Ethereum Price & Technical Analysis: Nothing Stops ETH from Declining Continue reading at Coinspeaker
There is a wealth of data and differentiating metrics that can offer real insight in bitcoin and its potential. Bitcoin Transaction Values Unraveled A recent article by director of research at Fidelity Digital Assets, Ria Bhutoria, has delved deeper into transaction value on the bitcoin network. The ledger, which uses the unspent transaction output (UTXO) […]
Chinese Bitcoin miners have extended their share of the global hash rate. Currently, they control two-thirds of Bitcoin’s processing power, Reuters reported yesterday, citing a research by CoinShares. Chinese Share of Bitcoin Hashrate Highest Since At Least 2017 Currently, Chinese miners control 66% of Bitcoin hashrate. The indicator refers to the Bitcoin-related computing power that […]
Bitcoin has potential for a small price bounce after hitting two-week lows early on Thursday.
It has been another miserable week for Ethereum as prices continue to erode. Further declines today have left the world’s second largest crypto asset in danger of hitting a nine month low. Decentralized finance (DeFi) markets are in an opposing trend with continued growth in the sector. Ethereum Hits $140 Ethereum is still deep in […]
The total crypto market cap is declining and struggling to stay above the $188.0B support. Bitcoin price is down more than 2% and it broke the $7,200 support area. Litecoin (LTC) price is declining and approaching the $43.20 support area. BCH price is somehow holding the main $200 support area. EOS price is sliding and […]
Bitcoin price is declining and it is now trading below the $7,200 support against the US Dollar. The price is likely to struggle near the $7,200 and $7,280 levels if it corrects higher. There is a key bearish trend line forming with resistance near $7,190 on the hourly chart of the BTC/USD pair (data feed […]
In the weeks following dramatic new restrictions regarding the acquisition of both bitcoin and USD in Argentina, the local crypto community has reacted in a number of interesting ways, showing both the possibilities of Bitcoin as a financial tool in the face of government constraints as well as the decentralized crypto asset’s resilience to measures […]
“Blockchain, not Bitcoin.” This rallying cry became a hallmark of the 2017 market boom and continued to reverberate in the subsequent cryptocurrency bear market. Entrepreneurs and institutions from every corner of every industry tried to shoehorn blockchains into use cases for everything from pharmaceuticals to bananas. “Just slap a blockchain on it,” the idea went, […]
Coinspeaker Nike to Start Tokenizing Its Shoes on Ethereum Making Them Limited Edition Footwear giant Nike patented shoes that are tokenized as a non-fungible token (NFT) on the Ethereum blockchain. Nike to Start Tokenizing Its Shoes on Ethereum Making Them Limited Edition Continue reading at Coinspeaker
Long positions taken on Bitcoin on the popular crypto exchange Bifinex are nearing an all-time high, all while the leading cryptocurrency by market cap continues to fall. It could suggest that a very large whale is taking a massive position in Bitcoin ahead of the upcoming halving, in preparation for a rally and bull market. […]
A legendary long term bitcoin price technical indicator could pave the way for brighter days ahead next year. Bitcoin Price Poised For Big Move The short term picture for BTC is pretty grim. Since its peak this year the digital asset has corrected 47% to current prices. A few hours ago bitcoin price dipped again […]
“Coming out of the 2008 financial crisis, the legit criticism of regulators was along the lines of: where were they during the expansion of the real estate mortgage bubble, why didn’t they take steps The post Bakkt opens Bitcoin options market as boon-or-bane debate catches fire appeared first on AMBCrypto.
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Bitcoin price continues with the hunt for fordable support or bottom. The forming falling wedge pattern likely to force a reversal above $8,000 and towards $9,000. Bitcoin has given up the support at $7,500 once again. The previous time BTC gave up the same support, the price plunged close to $7,000. The recovery on Friday […]
According to data compiled by Coin Metrics, a crypto asset market analysis firm, the number of Bitcoin addresses that hold any amount of satoshis reached a new all-time high between October and November 2019. According to the data, more than 28,393,045 addresses held some balance of bitcoin in that period, eclipsing a previously achieved all-time […]
Coinspeaker Binance iOS App Now Allows Enormous Bitcoin and Ethereum Margin Trading Binance margin trading app now allows iPhone users to trade with 125x leverage on Bitcoin and 50x leverage on Ethereum. Binance iOS App Now Allows Enormous Bitcoin and Ethereum Margin Trading Continue reading at Coinspeaker
It appears that the digital currency community has very much fallen out of love with the Bakkt platform. Prior to its launch, the ICE-backed Bitcoin futures platform was heralded as one of the most positive development for digital currency. However, less than three months later, as the platform is busy launching more Bitcoin derivatives, people […]
Bitcoin has finally started to show some signs of weakness after stagnating above $7,500 for days on end, recently dipping under the key support in and around $7,400. As of the time of writing this, the cryptocurrency is trading for $7,350 on many major exchanges, posting a 2% loss in the past 24 hours. Related […]
Ethereum is struggling to clear the key $152 resistance area against the US Dollar. The price is declining and it is now trading near the $146 support area. Yesterday’s major bullish trend line was breached with support near $148 on the hourly chart of ETH/USD (data feed via Kraken). The price could continue to move […]
The reason the majority of the cryptocurrency market has under-performed this year is lack of liquidity. Add margin trading to that and the potential of massive cascades in price arises as holders of the altcoin MATIC have just found out. Cryptocurrency Collapse: MATIC Dumps 70% A few hours ago MATIC dumped a whopping 70% in […]
In late November 2019, the Bitcoin-based DApp network Echo announced the launch of a Bitcoin sidechain on its blockchain testnet. It framed the release as a critical step in its mission to establish decentralized financial applications that leverage BTC as a native asset for lending, trading and more. “The launch of the Bitcoin sidechain on […]