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Bitcoin Dominance Rate Struggles to Stay Above 60%
The Bitcoin Dominance Rate (BTCD) has been on a correction course since May. It’s now beginning to show bullish reversal signs, and could soon initiate an upward move. Bitcoin Dominance Divergence At the beginning of August, the Bitcoin dominance rate fell below the long-term 62. дальше »
2020-8-20 15:56 | |
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Here’s Why Bitcoin’s Hash Rate Has Dropped Around 10% In the Past Day
Although Bitcoin is a decentralized technology, the mining of the cryptocurrency is somewhat centralized in China. Per some reports, around two-thirds of all mining machines are based in the country, concentrated in the river regions where electricity is cheap. дальше »
2020-8-19 06:00 | |
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With Bitcoin's hash rate falling, what's keeping miners afloat?
Bitcoin's price has remained consolidated above $11k for quite a while in August, however, a sudden pump in the market on 17 August did not just push the BTC price above $12k, but its hash rate also mThe post With Bitcoin's hash rate falling, what's keeping miners afloat? appeared first on AMBCrypto. дальше »
2020-8-18 22:15 | |
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Chinese Bitcoin Mining Farms Hit Hard by Floods, Hash Rate Crashes Across Mining Pools
The hash rate of the largest network had a rocky start to 2020, seeing a huge drop following the March price crash and then due to May 11th halving. But now it has fully recovered and even eclipsed the previous levels. дальше »
2020-8-19 22:07 | |
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Milestone Reached as Total Value Locked in DeFi Climbs to $6 billion
Decentralized finance reached a new milestone over the weekend as the Total Value Locked (TVL) in DeFi broke $6 billion for the first time. What’s more, the rate of DeFi growth is reflecting the explosion in interest witnessed over the past few months. дальше »
2020-8-18 15:57 | |
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Bitcoin Dominance Rate Breaks Down From Long-Term Support
The Bitcoin dominance rate (BTCD) has broken down from a long-term support level. A bounce near 59% is expected before the downward trend resumes. Bitcoin Dominance Rate Woes The Bitcoin dominance rate has been decreasing since May 8 when it reached a high just below 70%. дальше »
2020-8-17 15:15 | |
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Bitcoin hash rate hits a new ATH as the coin approaches $12k
Bitcoin has been trying to breach the resistance at $12k for quite some time, now, but despite great interest and a strong bull run that led the coin to a higher $11,000s, the resistance remains quite strong. дальше »
2020-8-17 13:59 | |
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Onchain Data Shows $449M Worth of Bitcoin on ETH Eclipses Offchain Competitors
Onchain analytics show the number of bitcoin (BTC) held on the Ethereum blockchain has been multiplying at an extremely fast rate since the end of May. On Sunday, August 16 there’s approximately 38,021 BTC on Ethereum or roughly $449 million stored in synthetic bitcoin protocols like Wbtc, Renbtc, Sbtc, and more. дальше »
2020-8-17 01:30 | |
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Numeraire Jumps 190% on Coinbase Listing News; What’s Next?
Numeraire (NMR), the native token of Numerai – a blockchain-based hedge fund, rose exponentially over the last 24 hours. The NMRUSD exchange rate established a year-to-date high at $20. 28 after rallying by close to 190 percent on Wednesday. дальше »
2020-8-13 16:14 | |
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The Bitcoin Dominance Rate Seeks to Bounce From the Current Support Area
The Bitcoin dominance rate (BTCD) has reached a crucial support level, a decline below which could trigger a sharp drop. However, technical indicators suggest that a bounce is to be expected. Possible Bounce for the Bitcoin Dominance Rate The Bitcoin dominance rate has been decreasing since May 8, when it reached a high of 68. дальше »
2020-8-13 22:42 | |
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Tether Is An Accident Waiting To Happen, Says Veteran Trader Peter Brandt
Tether (USDT) is a stablecoin backed by the dollar at a rate of 1:1. According to the parent firm, USDT will always maintain a 1-to-1 ratio with the U.S. dollar in terms of value, however, Tether has received enormous amounts of criticism over the years, specifically because of their claims about the digital asset being […] дальше »
2020-8-13 16:35 | |
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Chainlink Jumps 9% on the Day Crypto Market Loses $8bn; Here’s Why
Chainlink (Ticker: LINK) rebounded from its short-term corrective downtrend on Wednesday as its price surged 9 percent on a 24-hour timeframe. The LINKUSD exchange rate established an intraday high near $14. дальше »
2020-8-12 16:00 | |
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Passive Income via Digital Wealth: A Deep Dive Into Crypto Earning, Staking, Interest Bearing Accounts
During the last two years investment vehicles that allow crypto asset holders to gather yields have grown exponentially and anyone can make passive income with a number of avenues. Staking validators, decentralized finance (defi) lending services, and interest rate earning accounts provide digital currency holders with the means to make their money work for them. дальше »
2020-8-12 01:15 | |
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Two Macro Factors Could Halt Bitcoin’s Dream Run to $20,000
Bitcoin price should be heading towards $20,000, an all-time high, according to many leading analysts, but certain macro factors could halt its dreamy bull run ahead. This year, the BTC/USD exchange rate has surged to a yearly top above $12,000. дальше »
2020-8-11 09:50 | |
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Bitcoin’s Hash Rate Remains Flat Despite Major Price Rally
Bitcoin’s hash rate seems to be feeling the consequences of the drama at Bitmain.
дальше »2020-8-11 21:26 | |
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Bitcoin’s Rocketing Network Activity Suggests BTC Remains Highly Undervalued
Bitcoin’s on-chain activity has been on the rise throughout the past few months, marking a massive surge from where it was this time last year. This is a sign of intense fundamental strength, as it shows that more entities and individuals are interacting with the BTC network at a greater rate than seen during last […] дальше »
2020-8-8 05:00 | |
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Only Bitcoin Outpaces G4 Central Bank Balance Sheet Growth
Investment strategist Raoul Pal says bitcoin is the only asset with a growth rate that outpaced that of G4 central bank balance sheets. Pal says G4 central bank balance sheets have grown much faster than traditional safe-haven assets like gold. дальше »
2020-8-7 17:00 | |
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Bitcoin Exchanges Report Massive Withdrawals as Price Eyes $12K-Retest
The amount of Bitcoin tokens held across all cryptocurrency exchanges dropped dramatically earlier this week. Traders withdrew over 110,000 BTC on August 3 – a day after the BTC/USD rate plunged from $12,000 to as low as $10,500. дальше »
2020-8-6 16:20 | |
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Bitcoin's rising premium and funding rate indicate a healthy market
The cryptocurrency space can be very competitive with every coin striving to make use of the growing volatility to its benefits. The largest cryptocurrency, Bitcoin has been witnessing great volatilitThe post Bitcoin's rising premium and funding rate indicate a healthy market appeared first on AMBCrypto. дальше »
2020-8-5 18:30 | |
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Ethereum Classic Price Analysis - A second 51% attack
Ethereum Classic has experienced two 51% attacks in the past two years, suggesting low overall network security. As the network hash rate continues to decline, future 51% attacks become a greater possibility as the cost for an attack also continues to decline. дальше »
2020-8-5 15:01 | |
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OCEAN’s Rise and the Bitcoin Dominance Rate
The Ocean Protocol (OCEAN) price has been increasing at an accelerated rate since the beginning of July, reaching a new all-time high on August 4. All-Time High Price The OCEAN price has been trending upwards alongside an ascending support line since the beginning of July, creating three higher highs and three higher lows until now. дальше »
2020-8-5 22:30 | |
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Kazakhstan Set to Impose Taxes on Crypto Mining
Bitcoin miners in Kazakhstan will soon be paying taxes to the state as the government looks to raise funds for COVID-19 recovery plans. Outside China, Kazakhstan controls the third-largest share of the global Bitcoin (BTC) mining hash rate. дальше »
2020-8-5 21:39 | |
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Huobi Appoints New Chief to Lead Its Recently Launched DeFi Fund
Coinspeaker Huobi Appoints New Chief to Lead Its Recently Launched DeFi FundAs the DeFi market surges at an unprecedented rate, Huobi Group announced a new business unit Huobi DeFi Labs that will manage its investment fund focused on the DeFi space. дальше »
2020-8-3 14:54 | |
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How The Current World Crisis Is Accelerating Bitcoin’s Adoption Rate
The current COVID-19 pandemic has thrown much of the world into disarray. The health of millions and the personal lives of nearly everyone has been affected, and the world’s economy has been thrown into uncertainty. дальше »
2020-8-2 20:00 | |
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People Using Cash-Savings to Load Up on Bitcoin as Protection in a Record Low-Interest Rate World
The 10-year Treasury note yield fell to its record low stretches, not seen in 234 years, according to Deutsche bank. “The U.S. has been through depressions, deflations, wars, restrictive gold standard regimes, market crashes and many other major events and never before have we seen yields so low back to when the Founding Fathers formed […] дальше »
2020-8-1 17:22 | |
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The Bigger the Hit to a Country’s GDP, the Higher the Stock Market Jumps
The US economy shrank by an annual rate of 32.9% between April and June, the sharpest contraction triggered by the coronavirus pandemic since the second world war. This economic shock in April, May, and June was over three times as sharp as the previous record of 10% in 1958 and about four times the worst […] дальше »
2020-7-31 21:22 | |
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Coinbase Launches Dai Rewards Program, Sets APY at 2%; Is That The Best Rate Available?
Coinbase crypto exchange has launched a Dai rewards program that will see its clients earn a 2% APY for holding this stablecoin in their accounts. According to the blog post on July 29, this product will be available in six countries, which include: the U. дальше »
2020-7-30 19:07 | |
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Indian Users Almost 5 Times More Likely to Encounter Crypto Hacking: Microsoft Report
A Microsoft cybersecurity report found that in Asia-Pacific, Sri Lanka has the highest rate of encounter with such attacks, with neighboring India in second place. дальше »
2020-7-29 20:21 | |
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Goldman Sachs Says U.S. Dollar Could Lose Its Status of World’s Reserve Currency, Bullish on Gold
Coinspeaker Goldman Sachs Says U. S. Dollar Could Lose Its Status of World’s Reserve Currency, Bullish on GoldGoldman strategists said that the fragile economic condition, with interest rate at an all-time low, and the uncertain political scenario, have added to the instability of the USD showing signs of real concerns for it to continue as the world's reserve currency. дальше »
2020-7-29 14:15 | |
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Litecoin Could Follow In Ethereum’s Footsteps With a Sharp Increase
On July 25, the Litecoin (LTC) price broke out from a descending resistance line and has been increasing at an accelerated rate since. This is a sign that the price has begun a bullish trend and could continue increasing towards the resistance areas outlined below. дальше »
2020-7-29 23:53 | |
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Did The Bitcoin Dominance Rate (BTCD) Begin a New Bullish Trend?
On July 26, the Bitcoin dominance rate (BTCD) reached a long-term support area at 62. 50% and initiated a rapid bounce that is still ongoing. However, we cannot yet state with certainty that the trend is bullish. дальше »
2020-7-29 19:09 | |
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BAND Price Explodes 31% as Bitcoin Corrects Lower; What’s Next?
BAND, the native asset of a decentralized oracle of the same name, surged by up to 31 percent on Tuesday. The explosive rally followed a five-day losing streak that saw BAND/USD exchange rate falling from its all-time high at $5. дальше »
2020-7-29 16:00 | |
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What to Expect from Bitcoin After Fed’s Two-Day Policy Meeting
Bitcoin rallied above $11,000 ahead of the Federal Reserve’s two-day meeting. Policymakers will decide whether or not to maintain their benchmark interest rate near zero. A general market consensus notes that the Fed will refrain from making any changes to its easing program. дальше »
2020-7-28 11:04 | |
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Hyperinflation Hits Lebanon: Food Prices Soar 200%, Biggest Crisis Since Civil War
Lebanon has entered hyperinflation, the first country in the Middle East and North Africa to do so. With a 462% annual inflation rate and food prices rising by almost 200% this month, Lebanon has joined Venezuela in hyperinflating. дальше »
2020-7-27 06:35 | |
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Is The UK Government’s Bid to Control Crypto Ads a Dent on Cryptocurrency Adoption?
Cryptocurrency adoption has come a long way from being labeled a “thing” associated with fraud and scam to a household name in the world of finance. While the current cryptocurrency adoption rate can be attributed to many reasons, crypto advertisements cannot be overlooked. дальше »
2020-7-26 18:04 | |
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Bitcoin is solving Scalability: At the expense of decentralization?
The story of stablecoins has been extraordinary in 2020. After the collapse in March 2020, the rate at which Tether has exploded in terms of issuance and market cap has led many to believe that U. дальше »
2020-7-25 23:30 | |
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The Bitcoin Dominance Rate Approaches Crucial Support – Does A Reversal Await?
The Bitcoin dominance rate (BTCD) is trading inside a bullish pattern, close to a significant support area. While an upward move should follow, the long-term trend remains bearish unless BTCD manages to break out above 65%. дальше »
2020-7-24 16:41 | |
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