JP Morgan Claims Drop In Bitcoin Production Cost Is Negative For BTC Price

The recent crypto winter has affected miners negatively to the extent that many sold off their Bitcoin and other crypto holdings. In addition, many of these miners could not even pay their loans since their rigs’ values plummeted.

197 +

Bitcoin production cost decline could be a negative for price, JPMorgan says

JPMorgan Chase & Co.

The post Bitcoin production cost decline could be a negative for price, JPMorgan says appeared first on CryptoSlate.

218 +

Bitcoin Production Cost Has Dropped to About $13K, JPMorgan Says

Declining production costs could be seen as a negative for bitcoin prices, the Wall Street bank said in a report.

315 +

Fed Chairman Powell Calls for More Fiscal Support as Recovery will be Slow, Rules Out Negative Rates

Federal Reserve Chairman Jerome H. Powell said on Wednesday that policymakers might need even stronger fiscal and monetary measures to restore the economic downturn that cost at least 20 million jobs.

272 +

Why MakerDAO Should Consider Negative Interest Rates for Dai

To keep dai near its $1 peg, the Maker community should consider negative interest rates. The cost to users may be worth it, says columnist J. P. Koning.

300 +

Who drops Ethereum (ETH)?

NewsBTC analyst Ayash Jindal draws attention to the critically dangerous negative dynamics of the leading altcoin – Ethereum (ETH). A month ago, the coin cost $ 235, now it is less than $ 180 and returns to the level of early April 2019.

265 +

Coinbase Bought Neutrino Because Its Old Analysis Providers Sold User Data

Coinbase’s Director of Institutional Sales, Christine Sandler, said in an interview last week that, in part, the exchange acquired controversial software firm Neutrino because its prior blockchain analysis providers were selling customer data.

427 +

5 Reasons Why I Plan to Adopt Bitcoin Cash for Everyday Payments [and You Should Too]

The Bitcoin Cash price has had little negative volatility in recent times, just like Bitcoin itself and Ethereum. In times like these, the question arises: why don’t we just use Bitcoin Cash? Here are five reasons that I’m considering adopting Bitcoin Cash as my cryptocurrency of choice for everyday usage.

225 +

Bitcoin Mining ’50 Times More Useful’ – Barry Silbert Rebuts Energy Cost vs. Gold

Cryptocurrency industry figures continue to hit back at negative stories about Bitcoin mining in mainstream media, Barry Silbert claiming mining Bitcoin was “50 times more useful” than gold. What’s In A Number? In a tweet November 6, the Digital Currency Group founder and CEO rebutted claims over Bitcoin mining which originally surfaced in the Nature International Journal of Science.

230 +

UTIX ICO

UTIX is an online, decentralised event hosting and e-ticketing platform that utilises smart contracts to reduce market inefficiencies and provide event organisers (EO) with variables they conventionally would not be able to control.

272 +

HTC Says Blockchain Phone Exodus Will Be Released Later This Year

Computer manufacturing company HTC says it is on the verge of releasing its upcoming blockchain phone, Exodus, which was first announced in May of 2018. Chief crypto officer at HTC Phil Chen leads the company’s blockchain and cryptocurrency initiatives.

448 +

Pessimistic crypto markets see BTC falling below $6,500, ETH below $500

Market visualization from Coin360 Bitcoin (BTC) has taken an over 11 percent negative hit, trading around $6,449 to press time, bringing its monthly losses to almost 25 percent. The leading cryptocurrency has now fallen below what some commentators consider to be an average BTC mining profitability threshold of $6,500. Aside from hardware costs, the local cost

368 +