Tag Archives: Bitcoin

[ad_2][ad_1] The cryptocurrency economy slid significantly on Thursday afternoon (ET), as the aggregate market cap of all cryptocurrencies shrank by more than 10% during yesterday’s trading sessions. More than 12 hours later, some of the major crypto assets are still down in value between 4-12% and some digital currencies have …

[ad_2][ad_1] Bitcoin continues to slide as ether has a larger share of the cryptocurrency market than it has had over the years. Bitcoin (BTC) traded around $ 10,726 at 20:00 UTC (16:00 ET). Slipping by 6.1% in the previous 24 hours. Bitcoin 24 Hour Range: $ 10,468- $ 11,474 BTC …

[ad_2][ad_1] Bitcoin (BTC) is making its way straight between the two previous halving of block subsidies that sent its price an order of magnitude higher. In a September 2 tweet, PlanB, creator of BTC stock-to-flow (S2F) pricing models, said investors need to be “patient” when it comes to price appreciation. …

[ad_2][ad_1] In mid-August, officials from China’s Sichuan province approved a number of companies mining bitcoins for the region’s legal consumption of hydroelectricity. After the Ya’an city local government decided to promote mining, Chengdu officials recently talked about welcoming cryptocurrency mining to the Hashcon 2020 event and strengthening a blockchain industrial …

[ad_2][ad_1] Ethereum, having long played the role of second fiddle to the number one cryptocurrency, bitcoin, is coming to the fore. The price of Ethereum, which has risen more than 10% in the last 24-hour trading period and added to gains of nearly 300% so far this year, lags far …

[ad_2][ad_1] The risk is rampant on the financial markets. Stocks are trading at dot-com-era valuations, the IPO pipeline is full, SPACs are back, Bitcoins are heading for a record. And just at the right time, here come the crypto opportunists. Fueled by a spike in speculative appetite, cryptocurrency entrepreneurs are …

[ad_2][ad_1] As the price of Ethereum’s Ether (ETH) surpassed $ 450, a huge buying wall has emerged on the leading cryptocurrency exchange Bitfinex. Shortly thereafter, ETH hit $ 270, a 19-month high against Bitcoin (BTC). The price of Ether versus the price of Bitcoin. Source: Skew Over the past couple …

[ad_2][ad_1] Following the launch of Revolut’s new cryptocurrency exchange in the US, the company has added support for bitcoin cash and litecoin. In addition to supporting bitcoin and ethereum, the coins added by the trading platform offer Revolut users the ability to buy, store and sell four different digital assets. …

[ad_2][ad_1] China’s Center for Information and Industrial Development has revised its ranking of 37 crypto projects. Bitcoin has dropped from the previous rankings. As the Chinese government focuses on launching its central bank digital currency, the Center for Information and Industry Development (CCID), under the Chinese Ministry of Industry and …

[ad_2][ad_1] The Digital Currency Group (DCG) firm is entering the mining industry, as it has pledged $ 100 million into a cryptocurrency mining company called Foundry. The Foundry mining company was quietly founded in 2019 and aims to offer capital, advice and intelligence to digital asset miners. Bitcoin mining is …