This AI-focused cryptocurrency is up 300%, but on-chain fundamentals spell trouble

While the global financial markets were melting down as coronavirus spread throughout the planet, there was one cryptocurrency that managed to weather the storm. Numeraire, an altcoin brought to life to incentivize scientists to predict financial models using encrypted data, was able to enter a parabolic advance that has seen its price skyrocket over 3x […] The post This AI-focused cryptocurrency is up 300%, but on-chain fundamentals spell trouble appeared first on CryptoSlate. дальше »

2020-4-24 18:26

Bitcoin hash rate has boomed 64% since March’s lows in trend positive for price

When Bitcoin fell from $7,700 to $3,700 within 24 hours in March, investors were claiming that the cryptocurrency was toast. As with every other crash, discussions began to crop up about “miner capitulation” or a “miner death spiral,” which is the theory that suggests when BTC crashes, miners will stop mining, liquidate their cryptocurrency, then […] The post Bitcoin hash rate has boomed 64% since March’s lows in trend positive for price appeared first on CryptoSlate. дальше »

2020-4-21 10:00