Author: admin
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Market Wrap: Bitcoin Price Volatility Declines in Contrast to S&P 500
As coronavirus upends economic patterns, the S&P 500 continues a rocky run while bitcoin’s volatility has declined.
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Bitcoin Miners Reveal Concerns Over Mining Rig Shipment Delays and Bitcoin Halving
The cryptocurrency market rout in mid-March, which saw bitcoin’s price slide significantly in value, has strained bitcoin mining operations by slashing considerable revenue from the block rewards. Moreover, shipping delays from mining manufacturers have caused uncertainty and mining operations don’t know when next-generation miners will ship. The mining firm Hut8 has revealed in an earnings…
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Data shows retail demand for Bitcoin is rapidly mounting, even after 100% rally
Even after the recent tepid price action Bitcoin remains 86 percent above its $3,700 lows set in March’s “Black Thursday” crash. Instead of deterring late arrivals, this strong rally has seemingly convinced many retail traders that Bitcoin’s rally is far from complete. Case in point: a confluence of data sources indicates that demand for cryptocurrencies…
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Screenshots of China’s Digital Yuan Supposedly Emerge
Reports of an upcoming Chinese CBDC, or ”digital yuan”, have been circulating for over a year. Now, however, it seems as if it might soon become reality. In fact, screenshots from a ”pilot version” of an official digital yuan wallet application are now making the rounds. Pictures of Chinese CBDC reportedly wallet leak These pictures…
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Google Pulls 49 Cryptocurrency Wallet Browser Extensions Found Stealing Private Keys
Google has removed 49 cryptocurrency wallet browser extensions after a security researcher discovered they were stealing private keys. These Chrome extensions targeted users of crypto wallets, such as Ledger, Trezor, Jaxx, Electrum, Myetherwallet, Metamask, Exodus, and Keepkey. Also read: Bitcoin Revolution: Wanna Earn $1,000 a Day? Government Warns About This Scam 49 Malicious Chrome Browser…
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Analyst: Using model predicting $100,000 Bitcoin to cause FOMO is “irresponsible”
Few in the Bitcoin industry have not heard of PlanB. The pseudonymous analyst, who works at a European institution managing a multi-billion-dollar balance sheet but moonlights as Bitcoin analyst, has garnered tens of thousands of followers and presumably millions of views of his articles and tweets. The reason: he’s the creator of the stock-to-flow model,…
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Bitcoin’s network growth is declining; here’s what it means for the bulls
Investors are growing more optimistic about the coronavirus outlook and this can be seen in the rise of the U.S. stock market. This sense of bullishness, however, is not visible across the crypto markets and on-chain data reveal that Bitcoin is turning bearish. Optimism grows in the U.S. stock market Over the last few days,…
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‘Black Thursday’ Liquidations Sparks $28M Lawsuit Against Maker Foundation
The Maker Foundation is being sued in a class-action lawsuit for $28 million over the March 12 event that caused over $2 million in liquidations. The lawsuit alleges that the team behind the Makerdao project did not explain the extreme risk of loss to investors. Also read: ETH Price Strains Defi Collateral Loans as ‘Black…
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STAY HOME & CHANGE YOUR LIFE! Use Quarantine life to better your life and make more money!
Answering your questions! What to do during quarantine time! Make more money? Let’s better ourselves! Here we give you some
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These Q2 Ethereum trends could have heavy influence over its mid-term outlook
Ethereum has seen mixed price action throughout 2020, with the cryptocurrency first incurring a parabolic uptrend in early-February that led it to highs of $290, before it lost its momentum and reeled all the way down into the sub-$100 region in mid-March. In the time since this capitulatory decline, ETH has clawed its way back…