They key measure of competition between Bitcoin miners, so-called mining difficulty, has fallen by almost 16%. It is the second largest drop in cryptocurrency network history.
Current Bitcoin’s price is about 6 462 USD. During the last 24 hours cryptocurrency has noted a 9% increase. The rest of altcoins followed BTC’s path too.
Currently, Bitcoin price is not very favorable for cryptocurrency miners. Those, who own older mining hardware, are slowly, but surely withdrawing from cryptocurrency market. It can be proven by Bitcoin’s hashrate, which decreased by almost 40% in the last month.
Current Bitcoin price is around 5 277 USD. In the last 24 hours, BTC price was able to bounce back and increased by 2,89%. During the last few days, the leading cryptocurrency has been moving in stagnation, and so it remains now.
During the last 24 hours BTC price reached the price level of 5 823 USD. Shortly after that, Bitcoin's price dropped to 5 400 USD in 30 minutes. What caused this strong price movement?
Where is the new Bitcoin's bottom? Peter Brandt, veteran and trader, who is known from making market predictions answered this question.
Bitcoin is often referred to as the king of all cryptocurrencies. Why did it earn it and does it deserve a nickname like that? One is for sure, Bitcoin's dominance in the cryptocurrency industry should not be questioned.
As mainstream media show, a kind of a sale was apparent on the cryptocurrency market. The headlines report that Bitcoin was attacked by the coronavirus. How does it really look like? Are we frightening ourselves?
Bitcoin's price (BTC) is heading towards $10,000, noting at the beginning of 2020 a growth of over 30%. Simultaneously, another virtual coin, Tesla, achieved even better results when its shares reached the highest level in its history. Since the beginning of the year, the shares of Elon Muska's company have already increased by 51%.
Peter Schiff despises Bitcoin (BTC) almost as much as BTC supporters dispise Schiff. The well-known gold advocate attacks the leading cryptocurrency at every opportunity. This time, the eccentric entrepreneur found a new reason to criticize BTC. The man forgot his wallet password, claiming that, in this case, it is Bitcoin's fault.
Bitcoin (BTC) continues to grow for the fifth day in a row. Since yesterday the BTC exchange rate increased by nearly 8%. At the peak moment the value of it reached almost USD 8400, which is the highest level since November. As economists claim, an increase like that is a reaction to the Iran bomb attack on US military bases in Iraq.
The Venezuelan branch of Burger King started cooperating with the Cryptobuyer company and as a result of this, one of the branches located in Caracas began accepting payments via a few popular cryptocurrencies.
When you hear 'bitcoin mining' you imagine that coins are being mined from the ground. Bitcoins have no physical form, so why do we say that we 'mine' them?
The Russian Central Bank presented its opinion about cryptocurrencies and, as it turns out, this opinion is not favorable. It comes down to making the ruble the only legal tender of that country.
A recent crackdown of China on the cryptocurrency market could have led whales to transfer huge numbers of BTC. Just a moment after the reports from this country, an unknown whale transferred 46,000 BTC, worth at that time as much as $338 million.
Within just a few minutes, Bitcoin's price decreased from over $7,800 to $7,500. The current BTC price is around $7,530. The price, then, decreased by over 5% in a day.
A popular analyst, Willy Woo, claims that the next halving will not affect the Bitcoin's price like the previous halvings did and we should not count on the increase of the BTC rate.
The overall number of Bitcoin ATMs located around the world has reached a new record of 6,000. The majority of the devices, however, is in the United States.
Even though just a few months ago, a confession of this kind, coming from the Chinese media, would be something unbelievable, today it does not surprise us because China has recently approached blockchain in order to pave the way for its own digital currency.
Bitcoin was created 11 years ago. Even though there is not a single person that has discovered the true identity of the character hiding under the nickname Satoshi Nakamoto yet, a great number of people have tried hard to impersonate him, calling themselves the creators of BTC.