Category: BTC
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Market Update: Uncertainty Remains Thick as Bears Claw Bitcoin Price Below $6K
Bitcoin’s price has been dragging downward and on March 29, BTC’s fiat value slipped beneath the $6K zone. Most of the top ten cryptocurrencies are down between 5-8% in the last 24 hours. As the global economy falters and the halving approaches, people are uncertain about the future price of bitcoin as “safe-haven” theories have…
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Latest Bitcoin.com Wallet Release Features Live Charts and Price Tracking
This week, our developers rolled out the latest version of the lightning-fast, noncustodial Bitcoin.com Wallet. The new version now comes with live price graphs so crypto enthusiasts can follow crypto price changes in real-time. Moreover, the wallet software also features price tracking so you can monitor your favorite digital asset’s price changes as well. Also…
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Porn Industry Thrives During Lockdown — These Sites Are Cryptocurrency-Friendly
Porn sites have been experiencing increased traffic as the number of people under lockdown or quarantine rises due to the coronavirus pandemic. Many of these sites accept cryptocurrencies, including Pornhub. The popular porn site currently offers residents of some countries free premium membership for a limited time to help them stay home during the covid-19…
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In-Between Bitcoin Halvings: Analyst Proves Bitcoin’s Price Not Bound to 4-Year Cycles
Crypto traders and analysts have always looked to the halvings for some kind of clues in order to predict the future price of bitcoin. A number of traders also think that BTC price movements shift every four years and speculators often use the halvings as milestone markers. On March 28, crypto Youtube host and digital…
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Trader Survey Respondents Predict Bitcoin Price Will Surpass $22K in 2020
San Francisco-based exchange Kraken conducted a poll that stems from the responses of 400 “VIP” cryptocurrency traders. Despite the current economic climate, surveyed participants indicate they still believe the cryptoconomy is in a “bull market.” Moreover, Kraken’s survey respondents think BTC prices will touch a new all-time high at $22,866 per coin. Also read: 2x…
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‘Bull Run May Not Come Immediately After Bitcoin Halving,’ Says Bitmain’s Jihan Wu
Bitmain cofounder Jihan Wu’s recent interview discusses some of his predictions concerning the future of bitcoin, mining, the bitcoin halving, and the cryptoconomy. Despite the coronavirus outbreak and its effect on the global economy, Wu is optimistic and he believes the modern central banks’ loose monetary policy infecting the world will bolster the value of…
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Singapore Allows Crypto Companies to Operate Without a License for 6 Months
The Monetary Authority of Singapore has granted an exemption from holding a license to a number of cryptocurrency companies operating in the country under the new Payment Services Act. Among the companies benefiting from this six-month grace period are Binance, Coinbase, Gemini, Bitstamp, Luno, Upbit, and Wirex. Also read: 2x Bitcoin — Wanna Double Your…
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Market Update: Slew of Unknown Coins Has Seen Considerable Gains Since ‘Black Thursday’
The cryptocurrency economy has been slowly rising toward a $200 billion market capitalization again following the grueling global market carnage that started on March 12. Most of the top ten cryptos are closer to the prices they held before ‘Black Thursday’ and there’s also a slew of unknown coins that have seen considerable gains so…
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Bitcoin Hashrate Down 45% – Miners Witness Second-Largest Difficulty Drop in History
Bitcoin’s hashrate has plummeted 45% since the record-breaking levels it saw on Feb. 29. The hashrate touched an all-time high of 136 exahash per second (EH/s) but has since dropped to 75 EH/s. Moreover, the crypto network has seen the second-largest difficulty drop since October 2011. Also read: While You’re Under Quarantine, Check These Sites…
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Printing Money from Thin Air – How the Fed Reduces Purchasing Power and Makes You Poorer
Unless you have your head in the sand, you’ve probably realized that governments and central banks can print money out of thin air and in unlimited amounts. The United States and the Federal Reserve have been creating money from nothing for years because they had exhausted all their monetary policies. Despite the fact that many…