Bitcoin has just posted its biggest mining difficulty increase in nearly 2.5 years. At around 17:00 UTC on Tuesday, the network adjusted its difficulty level – a measure of how…
Category: Altcoin News
Altcoin News
Blockchain Bites: Canaan’s Plunge, Revolut’s Control and Lightning Nodes in Africa – CoinDesk
Canaan Creative’s stock dipped below $2, its lowest price since the firm went public in November. Experts say demand for new mining equipment may have weakened after the Bitcoin network’s…
Venezuela Is a Testing Ground For Digital Dollarization (and Zelle Doesn’t Like It) – CoinDesk
J.P. Koning, a CoinDesk columnist, worked as an equity researcher at a Canadian brokerage firm and a financial writer at a large Canadian bank. He runs the popular Moneyness blog. Dollarization…
Bitcoin News Roundup for June 16, 2020 – CoinDesk
Stocks keep crypto down while Africa gets Lightning Nodes. It’s CoinDesk’s Markets Daily Podcast. A fresh stimulus “bazooka” from the Fed Reserve and the U.S. government lifted prices for…
If Crypto Is Anything Like Fixed-Income, It’s Going to Need a Fatter Textbook – CoinDesk
Jeff Dorman, a CoinDesk columnist, is chief investment officer at Arca where he leads the investment committee and is responsible for portfolio sizing and risk management. He has more than…
Ethereum Likely to Dive Towards $200 as Overnight Selloff Rattles Market Structure
Ethereum has decline today alongside Bitcoin and the aggregated crypto market, breaking below a key support level that was previously being defended by buyers It now appears that ETH…
Analysts Target a Sub-$200 Move for Ethereum Once it Taps This Crucial Level
Ethereum has been closely tracking Bitcoin’s price action throughout the past several weeks and months The cryptocurrency did recently form an incredibly bearish technical pattern that analysts are still…
XRP Has Been Setting Lower Highs for 886 Days; Why Analysts Expect More Weakness
XRP has been severely underperforming the aggregated crypto market throughout 2020 The crypto is now on its 886th day of selling lower lows Analysts do not believe that this…
No, Crypto Investors Are Not Fleeing Coinbase In Droves
Over the last several weeks, popular crypto exchange Coinbase has been surrounded with negativity, prompting another round of the #DeleteCoinbase campaign. And while initial blockchain data made it seem…
Fidelity Suggests Institutional Investors Are Very Active in Crypto | Live Bitcoin News
One of the big worries surrounding the growth of the crypto space is that there is allegedly a lack of institutional investors, but according to the latest data from…