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Up to 30% of Bitcoin Miners Close Shop as Business Turns Unprofitable After Halving.

About a third of Bitcoin (BTC) mining firms may already be switching off their machines as the business becomes unprofitable due to a reduction in mining rewards. The third Bitcoin halving – consummated earlier today – reduced supply of the pioneering cryptocurrency, cutting the bonus paid to miners for solving mathematical puzzles that underpin the […] The post Up to 30% of Bitcoin Miners Close Shop as Business Turns Unprofitable After Halving appeared first on Bitcoin News. origin »

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Cryptocurrency exchange website Buybitcoins rolls out new marketplace.

Created by a group of businessmen to offer a global financial market for peer-to-peer cryptocurrency exchange, Buybitcoins aims to make the buying and selling process more accessible for everyone.  The step-by-step process is designed to help all users from absolute beginners to experienced old hands conduct secure transactions quickly. Buybitcoins is based in the LA, […] origin »

EOS Whales Are Accumulating on Every Dip; Bull Run Incoming?.

EOS entered a corrective phase on Apr. 30 that has seen its price retrace over 27%. The smart contracts token went from trading at a high of $3.1 to hit a low of $2.3. Despite the significant bearish impulse, data shows that large investors are accumulating EOS on every dip. If history repeats itself, this... origin »

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Paxful Partners with Infinito Wallet to Promote Bitcoin Adoption.

Paxful and Infinito are partnering at a time the latter, a P2P trading platform, has seen its users in Vietnam increase by 43% in Q1, 2020 Multi-crypto wallet provider, Infinito, has partnered with peer-to-peer Bitcoin (BTC) platform Paxful, in a relationship that sees the former integrate the P2P Bitcoin trading platform’s services. origin »

Bybit Sees Record Volumes for Bitcoin Futures.

Singapore-based derivatives exchange Bybit has seen record trading volumes on its Bitcoin futures during the weekend, crossing the $4.2 billion mark on May 10.  Bybit Bitcoin Futures Boom The surge... The post Bybit Sees Record Volumes for Bitcoin Futures appeared first on Crypto Briefing. origin »

Bitcoin Crosses $9,000 in Round of Pre-Halving Volatility.

Market participants are growing overwhelmingly bullish about the upcoming halving event which could allow Bitcoin to recover some of the losses incurred over the weekend. Bitcoin Prepares to Break Out... The post Bitcoin Crosses $9,000 in Round of Pre-Halving Volatility appeared first on Crypto Briefing. origin »

Bitcoin (BTC) Price Analysis (May 12).

Key Highlights • BTC/USD market still trades in a rallying moving mode from a significant fall.• The bulls appear not recovering quickly from the last drop.• An $8,000 mark will serve as a tough area that the bears may not easily break down in the present trading situation of the crypto-economy. Bitcoin (BTC) Price Analysis […] origin »

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This Binance Orderbook Occurrence Heavy Favors Bitcoin Longs; Here’s Why.

The recent volatility seen within the crypto market has led to widespread liquidations amongst Bitcoin traders This has caused the open interest seen across most major exchanges to plummet, with the slow recovery being a sign that many of these traders are now moving to the sidelines One interesting occurrence seen while looking towards the Binance spot orderbook points to aggressive buying amongst active investors. origin »

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This Technical Pattern Signals Bitcoin Could Soon See an Explosive 160% Rally.

Bitcoin has entered what appears to be consolidation phase as it struggles to firmly surmount the $9,000 region The cryptocurrency is flashing some hints of bullishness as it attempts to gain a foothold within this region, although bulls need to garner greater buying pressure to make this happen One factor that could bolster Bitcoin and send it screaming back up towards its all-time highs is an extremely bullish technical pattern that just emerged Bitcoin has […] origin »

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Crash Worse than Great Depression could arrive in 2020.

Bitcoin halving is here with us and sentiment has never been so bullish for post-halving adoption. Sadly for legacy markets, the IMF and Bank of England have forecast the worst economic downturn since the Great Depression As Bitcoin welcomes its halving on May 12, 2020, several global financial bodies are offering a grim outlook for more info… The post Crash Worse than Great Depression could arrive in 2020 appeared first on Coinjournal. origin »

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Tron’s New DeFi Initiative JUST.

TRON has just launched a new DeFi platform known simply as JUST, which operates similarly to the MakerDAO in that stablecoins are issued when a user locks up native tokens in the smart contract—in this case, TRX coins. origin »

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