2018-12-5 14:01 |
Bitcoin's recent drop to 14-month lows has left the cryptocurrency on track for its biggest ever yearly loss.
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Quick Take In the dynamic world of cryptocurrency, long-term holders (LTHs) of Bitcoin currently possess approximately 4 million coins that are held at a loss. This figure becomes notably significant when viewed through the prism of cyclical market movements.
2023-8-14 14:00 | |
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On-chain data shows that Bitcoin investors aren’t participating in any significant amounts of loss selling right now. Here’s what it may mean. Bitcoin Entity-Adjusted Realized Loss Has Remained Low Recently According to data from the on-chain analytics firm Glassnode, coins transacted recently were mostly acquired close to the current spot price.
2023-6-16 23:00 | |
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Bitcoin is on track to post its biggest weekly loss so far this year, having found acceptance below key long-term support.
2019-9-27 14:25 | |
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Down 4.8 percent from August's opening price, bitcoin is on track to register its third monthly loss of the year.
2019-8-30 14:06 | |
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Bithumb, one of South Korea’s largest cryptocurrency exchange platforms, reportedly turned in a net loss of 205 billion Korean Won, approximately worth $108 million in 2018, according to KoreaTimes.
2019-4-11 23:30 | |
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Fresh rumors over the financial health of Bitcoin mining giant Bitmain cast a shadow over the company again this week, suggesting it faces losses close to $1 billion. Bitmain’s Worst Quarter? Originally reported by the Twitter account known as BTCKING555 December 3, the author of which almost exclusively tweets about Bitmain, unreleased quarterly earnings data for Q3 2018 allegedly reveals $740 million losses.
2018-12-5 13:00 | |
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As the market continues to tumble (and mining profits have dwindled), Bitcoin’s mining difficulty dropped by its largest percentile in seven years — the second largest downward correction in the cryptocurrency’s lifetime.
2018-12-4 01:01 | |
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A post on Chinese microblogging website Weibo has revealed that certain NEO users may be affected by a critical software vulnerability that could potentially lead to loss of tokens. The bug was reportedly discovered by another Chinese company, Tencent Security.
2018-12-3 21:00 | |
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In a scathing November 26, 2018, blog post titled “I come to bury Bitcoin, not to praise it,” UBS Group’s Global Chief Economist Paul Donovan has called for the end of the cryptocurrency bubble. Claiming that bitcoin is in its “death throes,” he attempted to reason that a loss of over 80 percent is “not healthy” for any economic asset.
2018-12-2 13:00 | |
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A new report from CoinShares into Bitcoin mining suggests the practice is likely loss-making for the majority of miners at current prices. Average Miner ‘Running At A Loss’ In a ‘whitepaper’ which received high praise from cryptocurrency figures, CoinShares examined various facets of mining, which has seen increased prominence in recent weeks as Bitcoin price dropped to lows of $3500.
2018-12-1 00:00 | |
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With today’s slump of 7. 2%, bitcoin is heading down to record the worst month price-wise in the last 7 years. With the last day of November, bitcoin’s monthly loss has dropped to 37% which is second only to the August 2011 nosedive that saw bitcoin going down by 39% and $8.
2018-11-30 17:42 | |
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The Canadian Bitcoin mining giant Fortress Blockchain registered a loss of $1. 16 million in the third quarter of 2018. In the previous quarter, the company lost $202,000. This shows that the bearish price action in virtual currencies is affecting the whole crypto market.
2018-11-30 06:55 | |
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Fortress Blockchain’s net loss worsened to $1. 16 million (1. 55 million Canadian dollars) in the third quarter, from $202,000 in the preceding three-month period, as price pressure continues to mount in the global bitcoin mining industry.
2018-11-29 19:05 | |
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Yesterday was an extremely bullish day for the cryptocurrency market. Most cryptocurrencies are continuing to increase today, but some are struggling to keep up. The largest altcoin by market cap, Ripple’s XRP, is one of the cryptocurrencies which is recording a loss today.
2018-11-29 17:59 | |
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One of the biggest unique selling propositions proffered by cryptocurrency is to become the world’s leading electronic payment system, rivaling both MasterCard and Visa, and even possibly edging them out.
2018-11-29 05:15 | |
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The current price of Bitcoin is $3702, with roughly 6.3 billion in 24 hour volume. Bitcoin has dipped 20% further since our last update. The total market cap of crypto has shed nearly 90 billion USD in roughly 12 days, resulting in a 43% loss to the total market. As of right now, we are […]
2018-11-27 17:40 | |
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Bitcoin on Sunday has established another yearly low after extending its previous downside momentum. At press time, the BTC/USD pair is trading at 3823 on Coinbase after correcting from its intraday low at 3466.
2018-11-25 18:51 | |
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When things go south in crypto land it happens fast, a digital avalanche sweeping away everything that stands in its path and blasting most of digital coins into oblivion. This weekend’s exodus has been a third wave of selling which has resulted in the loss of over $90 billion from crypto markets this month alone.
2018-11-25 15:00 | |
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With bitcoin prices dropping further early on Sunday, the cryptocurrency now looks to be heading for its worst weekly loss in over 5 years.
2018-11-26 14:00 | |
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With bitcoin prices dropping further early on Sunday, the cryptocurrency now looks to be heading for its worst weekly loss in over 5 years.
2018-11-25 14:00 | |
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Bitcoin Cash (BCH) remains bearish on Friday as the vortex adjoining last week’s controversial hard fork continued to inject the market with negative sentiments. The BCH/USD, after aggregating market cap of the original BCH and the forked Bitcoin ABC, is trading at 206.
2018-11-24 16:30 | |
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As the price of Bitcoin continues to fall, many investors are doubling down and sticking with their decisions, which is a sign of a ‘problematic mindset’ that leads to more loss, Business Insider India reported on November 21, 2018.
2018-11-24 02:00 | |
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The total cost of the ongoing ‘hash rate war’ affecting Bitcoin Cash has topped $11. 8 million, data from Hong Kong-based cryptocurrency trading platform BitMEX shows. SV Bears Brunt Of Giant Losses Fresh research uploaded to social media November 21 reveals the true extent of the curious phenomenon, in which miners have opted to mine Bitcoin Cash’s two forks at a loss.
2018-11-23 18:00 | |
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There has been news going around that major mining rigs in China have shut down as a result of reduced profitability due to reduced hash rate. According to the information, many miners say they have been mining at a loss for months but can no longer afford to continue because of increased electricity tariffs due […] The post Information from China Claims many Bitcoin Miners have shut down due to reduced hash rate. How Possible? appeared first on ZyCrypto.
2018-11-21 23:26 | |
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The drop in Bitcoin hashrate has sparked rumors China has turned off huge numbers of mining rigs as the process is no longer profitable. ‘More Economic To Turn Them Off’ Video and photo content which allegedly came from F2Pool owner BitFish hit western social media November 20, being uploaded by local news feed cnLedger and Primitive partner Dovey Wan.
2018-11-21 20:00 | |
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Bitcoin Will Probably Have Its Worse Month In 2018 In November There is simply no way to sugarcoat it: Bitcoin is in a dire situation. The cryptocurrency, which went mainstream last year and ascended for a price that reached $20,000 USD at the peak of the hype, is facing its lowest point since then now. […]
2018-11-20 23:04 | |
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The bearish movements over the past week have resulted in Ripple’s XRP becoming the largest altcoin by market cap. XRP overtook Ethereum which has been suffering steep losses during 2018. XRP has been performing better than Ethereum during both upward movements and downwards leading it to take the number two spot.
2018-11-19 18:54 | |
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The people of Venezuela have been forced to cope with an increasingly difficult economic situation in recent years. This has led to a loss of trust in government-issued fiat by the population in a way that many believe exemplifies the need for cryptocurrency.
2018-11-19 23:45 | |
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The contentious hard fork of the Bitcoin Cash blockchain is a real soap opera – the clash and subsequent hash war is in essence a battle of egos of the leading figures of both camps. The split of BCH is also cited as the reason for the latest bitcoin price plunge, the biggest one-day loss […] The post It is not a hard fork, it is a complete disintegration of the BCH altcoin. appeared first on CaptainAltcoin.
2018-11-18 17:27 | |
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The Bitcoin Cash (BCH) hashwar begun on November 15. Over the last 24 hours, the two sides have battled for control of the world’s fourth largest cryptocurrency. A BitMEX analysis from earlier today reveals just how costly the battle has become: both BCH camps are mining at a major loss. One reason why bitcoin is […]
2018-11-17 08:04 | |
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Now that the Bitcoin Cash hard fork is complete, will Bitcoin bounce back from a $1,200 loss? Market Overview Yesterday’s 8% move from $5,188 to $5,700 was nice but does the King of Cryptocurrencies have any other cards up its sleeve? At the moment bull volume is nearly non-existent and as the weekend approaches it could taper even further so barring some positive breaking news, bitcoin (BTC) seems set to trade in the current range Read More The post Bitcoin Price Analysis: Will Bitcoin Bite Back? appeared first on Bitcoinist.com.
2018-11-17 07:00 | |
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Bitcoin Cash, the “big block” project that forked away from the Bitcoin blockchain in August 2017, “hard forked” (split) into two different coins: “Bitcoin Cash ABC” (BCH ABC) and “Bitcoin Cash SV” (BCH SV).
2018-11-17 02:13 | |
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What Is Bitcoin Automated Trading System? The Bitcoin Auto-trading System (BATS) is a system that gives its users the ability to automatically place trades on any financial assets in the trading volumes they choose by use of a PC or even a mobile phone.
2018-11-16 09:59 | |
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For the first time in 2018, Bitcoin has chalked a new all-time low. In the span of a couple of hours in open market yesterday, Bitcoin fell below $5,600 USD. It was not the only Bitcoin that booked a loss, all the top cryptocurrencies saw double-digit losses yesterday in the same window of time.
2018-11-15 08:26 | |
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Bitcoin has fallen to its lowest levels in the past month and has officially broken through the bottom of its previously established trading range between $6,200 and $6,700. Bitcoin’s drop has led to a widespread market loss, with most major altcoins trading down 10% or more.
2018-11-15 20:05 | |
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Chinese mining giant Bitmain is suing an anonymous hacker that allegedly stole $5. 5 million in cryptocurrency last April from the company’s account on the digital exchange Binance.
2018-11-14 23:31 | |
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Cryptocurrency inventor, fund partner and advocate Max Keiser is predicting new all-time Bitcoin price highs as the stock market tumbled again this week. Bitcoin to ‘New All-Time High’ as Stock Market Slumps A drop in share prices for both Goldman Sachs and Apple has equated to an approximately 160-point loss for the Dow Jones November 12, leading Keiser to suggest the index could collapse to below the significant 10,000 barrier in future.
2018-11-13 20:00 | |
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The latest in a string of companies posting cryptocurrency mining losses has come from Japanese internet giant, GMO. The internet infrastructure business posted a loss of over $5. 5 million dollars for its cryptocurrency mining division for the third quarter of this year, according to its recent financial report.
2018-11-13 19:09 | |
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Gold-backed AurumCoin is the latest cryptocurrency project to fall victim to 51 percent attack, resulting in the loss of AUD$ 15752. 26, per a report by Finder on November 12, 2018. Hack Attack Results in Blame Game Shortly after the hack attack, AurumCoin’s twitter handle subtly sparked the blame game stating the coins were stolen from the wallet of cryptocurrency exchange.
2018-11-13 12:00 | |
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A bitcoin trader has been jailed and fined over $1.1 million for stealing bitcoin and litecoin, and then defrauding investors to repay the loss.
2018-11-12 13:10 | |
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Leading cryptocurrency investor law firm Silver Miller Law has filed suit against cell phone giants AT&T and T-Mobile on behalf of several digital asset investors who were victims of the identity-theft tactic known as “SIM swapping.
2018-11-10 01:35 | |
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Hut 8 Mining Corp. , a Canadian bitcoin mining company, has released its third quarter earnings report, which shows a net loss of US $8. 7 million on higher depreciation costs. Depreciation spiked to $13.
2018-11-10 23:10 | |
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Jack Dorsey’s financial services provider, Square, has reported its first quarterly profit of $20 million. The bitcoin-integrated payments company also beat Wall Street estimates for Q3 earnings and revenue.
2018-11-8 18:00 | |
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Blockchain financial service company Unchained Capital will now offer multi-signature and multi-institution cold storage solutions for borrowers who leverage its crypto-collateralized loans service.
2018-11-2 21:42 | |
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XRP, Bitcoin Cash, Cardano, Iota, Neo, VeChain falling hard, Tron survives while Maker and 0x recover well. For the eighth month this year cryptocurrency markets have fallen. October has been no exception with a 9.
2018-11-1 17:30 | |
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Founded in 1998, the third largest internet company JD. com has announced it will be launching a blockchain research lab. The retailer is China’s largest internet company and ranked only behind Amazon and Google on the global scale.
2018-11-1 15:59 | |
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This coming Wednesday marks ten years since the Satoshi whitepaper on Bitcoin made headlines to the cryptocurrency world. However, the two-week lows facing Bitcoin seem to overshadow the event with BTC risking to record an annual loss on its birthday.
2018-10-31 07:23 | |
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On Monday, October 29, bitcoin prices were red on price charts as the bears dominated the bulls. This is following the Sunday hacking of a Canadian exchange firm- Maple Exchange that led to the loss of holdings in Bitcoin among other digital tokens.
2018-10-30 18:50 | |
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Canadian Crypto Exchange Experiences Alleged Theft, Spurring Rumors of Potential Exit Strategy Instead MapleChange is one of the latest cryptocurrency exchanges to come from Canada, but they recently experienced a loss of their funding, which allegedly included 913 Bitcoin, which was valued at $5.
2018-10-30 04:30 | |
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The WTI oil has surged by 30% this quarter. The rally could feed into inflation, forcing central banks to keep rates elevated for longer than expected.
Several layer-1 tokens soared after the Ripple ruling ignited hopes of a favorable ruling in other SEC cases against crypto firms.
After struggling with recovery for some time, bitcoin (BTC) has continued to lose value and is trading below $20,000 at $19,650. Since mid-January, this is the first time BTC has dropped below this crucial line. Some 24 hours ago, bitcoin…
The Polygon network experienced an outage and its price has decreased 2.35% in the past 24 hours, along side of a broad crypto market decline.
Elrond is currently among crypto assets that are “in the green” after enduring another trying week for cryptocurrencies. Elrond currently trades at $52. 44 Coin expected to reach $60 mark in coming weeks Elrond currently 90.
The average Bitcoin price in September of last year was $45,965. It even hit and surpassed the $50K mark three times back then. It did so when it closed September 4, 2021 at $50,000, September 5 at $51,692, and September 6 at $52,644.
Over the past couple of months, Bitcoin price has been dealing with a narrow trading range trying its best to make a full recovery after plummeting into a series of dips. Bitcoin repeatedly failed to move past the $25K mark Almost 22,000 predicted its price to soar next month Worst-case scenario for Bitcoin involves trading […]