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Tag Archives: Bitcoin

More People Withdrawing BTC From Exchanges Could be a Bullish Sign

Mar 28, 2020


The crypto industry has taken a huge hit this month, at one point even seeing more than $70 billion wiped out from its market cap. The price of Bitcoin dropped to as low as $3,800 on some exchanges on Mar. 12, leaving many worried about the future of the entire crypto industry. While intense...

Market Insight on How Halving Will Impact Bitcoin Price

Mar 25, 2020

Olusegun Ogundeji

As the topic of the likely impact of the 2020 block reward halving rages on, a provider of institutional trading tools for digital currencies has released an estimate that shows the breakeven costs to mine a Bitcoin at current levels and device types would exceed $7,300 (estimated current breakeve...

Bitcoin Ranked on Top 100 Greatest Designs of All Time

Mar 23, 2020


Bitcoin is one of the best-designed products of modern times, according to multinational business magazine Fortune. Fortune teamed up with the Institute of Design at the Illinois Institute of Technology to create the survey, a replica of one it made in 1959. Forbes ranks Bitcoin on...

Bitcoin Miners Help Find a Cure for COVID-19 by Donating GPU Power

Mar 21, 2020


With more than 200,000 confirmed cases and almost 9,000 deaths globally, COVID-19 is by far the biggest health threat the world is facing right now. To help curb the spread of the deadly virus, governments and health organizations have been working round the clock to develop a vaccine. Ho...

Bitcoin Goes Up as Everything Else Goes Down

Mar 20, 2020


After experiencing its worst drop since 1987, the stock market has been slow to recuperate. Earlier this week, the Dow Jones Industrial Average futures were off by more than 1,000 points, while the S&P 500 and Nasdaq 100 futures also reached their downside limits.  Graph showing ...

Looming Inflation May Give Bitcoin “Biggest Opportunity”

Mar 19, 2020

Olusegun Ogundeji

As the effect of the Coronavirus outbreak continues to bite globally, people quarantined in lockdowns and travel restricted with a recession in view, there could be inflation soon and it may give Bitcoin a shot at its biggest opportunity, a BitMex research suggests. The exchange points out ...

Analyst Says a Rally Most Likely to Follow Current BTC Dump

Mar 19, 2020

After one of the worst weeks in its history, Bitcoin has finally entered what could optimistically be called a consolidation phase. The market was caught off-guard when Bitcoin’s price dropped to as low as $3,800 on certain exchanges on Mar. 12, as many expected the coin will have strong suppo...