Bitcoin mining difficulty risks biggest dip since 2022 as BTC price eyes $60K
Bitcoin may still be trading above $60,000, but network fundamentals are already showing the strain as BTC price gains fail to materialize.
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Topped or bottomed? Traders at odds over whether Bitcoin will keep rising
$44,000 remains a focus overnight, but clear direction evades Bitcoin markets and participants are nervous. 266 Total views 4 Total shares Bitcoin (BTC) touched $44,000 a second time on Jan. 12 amid increasing divergence of opinion about whether the price bottom is "in." BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewData from Cointelegraph Markets Pro and TradingView showed…
Bitcoin fee spike spurs shift to Lightning Network: Binance and Coinbase line up
Binance announced plans to embrace the Lightning Network: which large crypto exchanges are Lightning ready, and which ones are yet to be struck? 48 Total views 8 Total shares The recent surge in Bitcoin (BTC) transaction fees has lit a fire under one of the largest crypto exchanges to upgrade to the Bitcoin Lightning Network.…
Goldman Sachs Says Economies Will Shrink 35% as Gold Hits 7-Year High
Bitcoin (BTC) and gold are fast becoming the safe-haven assets of choice as new data predicts that advanced economies will shrink 35% in Q2.According to annualized figures from Goldman Sachs quoted by Bloomberg on April 14, the second quarter of 2020 will see the biggest three-month economic retraction in history.Goldman: Europe should print more moneyThe…
Breaking: Binance Connect shutting down on August 16
A spokesperson said the move came in response to 'changing market and user needs.' 663 Total views 3 Total shares Binance Connect, the regulated buy-and-sell crypto arm of Binance exchange, will shut down on August 16. Cointelegraph confirmed on August 15 via an email with a Binance spokesperson. The same day, BNB Chain decentralized exchange Biswap…
Ethereum’s rise to No.1 crypto ‘seems unstoppable’ says deVere Group CEO
Nigel Green is uber bullish on ETH stating that its value will exceed Bitcoin’s within five years. 1553 Total views 16 Total shares The CEO and founder of one of the world’s largest independent financial advisory organizations, the deVere Group, has stated that Ethereum’s price appreciation should continue to beat Bitcoin’s in 2021.The deVere Group…
Breaker Magazine to Cease Operation Due to Lack of Feasible Business Plan: Report
Breaker Magazine (Breakermag), an American online crypto publication, is reportedly shutting down, industry news outlet The Block reported on April 29.Launched in July 2018, the publication will reportedly cease operations due to the lack of a feasible business plan, the report notes, citing anonymous sources familiar with the matter.Created by journalist and business tech author…
Major Blockchain Investors Arrington XRP, NEO Global Back DEX-Focused Startup
Decentralized exchange (DEX) aggregator Totle has closed a fresh funding round led by major blockchain investors, according to a blog post from the firm Jan. 14.Arrington XRP, a crypto-focused hedge fund created by TechCrunch founder Michael Arrington, alongside top blockchain investment funds NEO Global Capital (NGC) and Goren Holm Ventures, have reportedly jointly led the…
Bitcoin Cash Difficulty Volatile Ahead of Nov. 15 Hard Fork
An upcoming planned hard fork in Bitcoin Cash (BCH) will impose relatively simple technical changes to its consensus mechanism that will not split the chain, despite some turbulent undercurrents in the coin’s community regarding issues which have recently become difficult to ignore. Disloyalty and perhaps manipulation among miners, or just the possibility of such, has…