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New Evidence Shows Bitcoin Sell-Off Triggered By Newer Market Entrants

Bitcoin recorded one of its greatest single-day loss last Thursday, March 12, after its price plunged by over 50%. The huge decline was a result of a massive sell-off in the bitcoin market triggered by concerns of an impending global economic crisis due to the mass spread of the coronavirus epidemic. The selling pressure was […] дальше »

2020-3-19 18:49


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What Could Drive Bitcoin Price Back to $5K?

Bitcoin has experienced some wild fluctuations again on Monday. Initially, it surged to a daily peak at $5,823 but then shed almost $1,000 to a daily low $4,857. What can bring the crypto back to a support level of $5,000? Trading Below $5k is New Norm Last Thursday, Bitcoin couldn’t resist the COVID 19-induced panic that crashed stock markets and broke below the $5,000 level for the first time since April 2019. On Friday things […] дальше »

2020-3-17 14:00


BTC’s Massive Sell-Off Makes Reward Halving a ‘Shit Deal’ for Miners; 59 Days Remaining

The global market sell-off has not only resulted in the Dow Jones Industrial Average tumbling into a bear market at a furious pace on Thursday but also in the bitcoin and crypto market as well. The world’s leading cryptocurrency today fell to May 2019 levels at nearly $5,700 before keeping above $6,000. The digital asset […] дальше »

2020-3-13 21:24


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Bitmain Unveils 2 Bitcoin Miners With Max Speeds Up to 110TH/s Per Unit

On Thursday, the China-based mining rig manufacturer Bitmain announced the launch of two new Antminer S19 series models that process between 95 to 110 trillion hashes per second (TH/s). The Antminer S19 Pro model with 110TH/s and 29 joules per terahash (J/TH) is 24 trillion hashes per second faster than Microbt’s latest Whatsminer M30S model […] The post Bitmain Unveils 2 Bitcoin Miners With Max Speeds Up to 110TH/s Per Unit appeared first on Bitcoin News. дальше »

2020-2-28 00:25