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Tag Archives: Bitcoin

China Crypto Roundup (1-8 June): Chaos and Anxious

Jun 8, 2020

lylian Teng

The Chinese cryptocurrency sphere this past week has been stirred up with many instable factors. Bitcoin miners are anxious as Sichuan and Yunnan are starting to crack down on illegal bitcoin mining farms; Bitcoin giant Bitmain was entangled in the internal struggle once again; crypto traders...

Bitcoin’s Mining Difficulty Dropped, Is a Bullish Period ahead?

Jun 6, 2020

priyankasaxena

Bitcoin’s mining difficulty dropped 9.29% yesterday, making it the fourth negative difficulty adjustment the network experienced in 2020. The difficulty, data has shown, went down from 15.14T to 13.74T. However, the drop in mining difficulty will spell good news for miners who have access t...

Bleak Forecast for the Chinese Yuan Could Be Bullish for Bitcoin

Jun 2, 2020

The global geopolitical climate has been plagued with tension and uncertainty for well over a year. However, the outbreak of the COVID-19 virus that has pushed some of the largest economies in the world to their knees seems to have pushed the crisis into overdrive, with banks and analysts ali...