Bitcoin, Ethereum Hit Milestone Levels Summary Bitcoin (BTC) and Ethereum (ETH) continue to keep strong uptrends. Precious metals are in focus as BTC and gold (gc) show correlation. Market Trends This WeekBitcoin (BTC) and Ethereum (ETH), the two greatest cryptocurrencies, persisted with their bullish fashion this week. Immediately after an initial failed breakout effort, Bitcoin […]
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China Is’ No Threat To Bitcoin,’ Promises Foundry CEO After hundred dolars Million Bitcoin Mining Bet
Bitcoin mining is actually lots of business. In only ten years, bitcoin mining, where bitcoin tokens are rewarded to the ones that keep the bitcoin network, has morphed from a bedroom based, money-making pastime into a billion dollar industry. Digital Currency Group, a venture capital organization which owns digital currency committing firm Grayscale, digital currency […]
Bitcoin Price Holds Below $12K Even while Hashrate Hits All Time High
Bitcoin is still within consolidation beneath an important resistance inspite of hashrate achieving record highs above the saturday. Details from Glassnode indicates the seven-day typical for bitcoin’s hashrate – the computing power dedicated to mining blocks – rose to a capture high of 129.03 tera hashes a second (TH/s) during the weekend. Bitcoin’s July rally […]
Bitcoin Suddenly Drops by $500 After Passing $12K
Upgrade (12:12 UTC): Bitcoin fell by nearly $500 to $11,546 inside the 10 mins to 10:30 UTC, after failing to take in selling pressure higher than than $12,000 mark throughout the early European trading many hours. It is the 2nd rejection above $12,000 in eight days, as well as will come when the U.S. dollar […]