Bitcoin Miners Find Silver Lining After Price Crash.

Bitcoin’s price is down over 35% from its peak in February 2020. This decrease has adversely impacted mining profitability, forcing some farms to take their hardware offline. Mining difficulty has...The post Bitcoin Miners Find Silver Lining After Price Crash appeared first on Crypto Briefing. origin »

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New CFTC Guidance to Make Life Tough for U.S. Crypto Margin Platforms.

A new guidance document issued by the Commodity Futures Trading Commission (CFTC) could be detrimental to the growth of crypto derivatives platforms in the United States. Exchanges with futures and options that aren’t CFTC regulated must mandatorily allow customers the option to take delivery of the underlying, per Bloomberg, March 26, 2020. origin »

Unsual Gold Squeeze Puts Pressure on Safe Haven Metal.

The coronavirus panic-driven flight to gold has led to unprecedented tests of the physical gold market. Gold Struggling With Supply and Delivery The world’s traditional safe haven asset is struggling...The post Unsual Gold Squeeze Puts Pressure on Safe Haven Metal appeared first on Crypto Briefing. origin »

Becoming a Safe Haven: A Year of Bitcoin Correlation With Gold.

The narrative surrounding Bitcoin has often changed, starting as a peer-to-peer form of digital cash, to a store of value, and eventually, to a safe haven asset like gold. The concept that Bitcoin will someday behave similarly as the precious metal is becoming increasingly valid after more than a year of correlation alongside the original... origin »

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Ripple CEO Voices Outrage Over Fake XRP Scams.

When the co-founder of SPQR Media (and presumably Ripple supporter) alerted Brad Garlinghouse of a fake YouTube account using his name, the Ripple CEO lost his calm. He took to Twitter to call for greater action on scammers, saying “enough is enough” and warning “more to come. origin »

Litecoin awaits imminent correction before possible rally.

Litecoin, to a large extent, has followed Bitcoin down the rabbit hole in terms of its price action. Despite the unexpected price crash on 12 March, Litecoin had, at press time, managed to recover somThe post Litecoin awaits imminent correction before possible rally appeared first on AMBCrypto. origin »

Bitcoin's 45% price crash looks worse if you're a miner.

No matter which way you looked at it, 2020 was expected to be massive for Bitcoin. Resurfacing from the winter of 2018, playing to both the retail and the institutional, while building a strong derivaThe post Bitcoin's 45% price crash looks worse if you're a miner appeared first on AMBCrypto. origin »

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