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Bitcoin On-Chain Data Reveals Chinese Mining Pool Behind Its Crash

An otherwise decentralized cryptocurrency, Bitcoin, might have become a victim of a centrally orchestrated price dumping attempt. According to data fetched by CryptoQuant, a South Korea-based blockchain analytics firm, Bitcoin miners at Chinese mining firm F2pool started the massive sell-off that crashed the BTC/USD exchange rate by almost 20 percent in just less than 24 hours. дальше »

2021-1-22 14:26


Bitcoin Hits $38,000 as Democratic Win Boosts Stimulus Sentiment

Bitcoin rallied continued during the European session Thursday as traders ignored Washington’s political unrest to focus instead on the potential for higher sovereign spending. The BTC/USD exchange rate established a new record high of $38,180, adding 10 percent to what has been a relentless uptrend in the last four quarters. While the pair pared some […] дальше »

2021-1-7 16:18


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“We’ll never see $20k BTC again” popular on-chain analyst declares

One of the hottest topics in the Bitcoin community, since the creation of Bitcoin, has been its price value. While the current price of a cryptocurrency is not an accurate measure of its inherent value, it remains a significant pointer to understanding adoption rate, investment interest, and a ton of other signals that reveal the […] дальше »

2021-1-7 12:14


2nd Largest BTC Mining Pool, Poolin, Collabs With BlockFi, To Boost Crypto Lending Service

Reports confirm that the U.S based institutional-grade crypto lender, BlockFi, will be extending credit to Pooling, the second largest Bitcoin mining pool. The latest move sets the mining pool on extending its crypto lending services to miners since launching Blockin, a Singapore-registered wallet entity, which offers loans to miners. Since the halving, the hash rate […] дальше »

2020-6-3 18:45


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Ethereum’s Rocketing Funding Rates a Grave Sign for Its Ongoing Rally

Ethereum has been severely underperforming Bitcoin in recent times, but this appears to be shifting as the cryptocurrency posts a breakout rally while BTC declines This uptrend has come about as long positions for the cryptocurrency rocket higher, reaching a fresh all-time high this week In tandem with this, ETH’s funding rate has also grown massively – which is typically a grave sign that a torrent of liquidations is imminent Ethereum has been able to […] дальше »

2020-5-30 23:00


Bitcoin’s Falling Hash Rate Could Have Dire Implications for BTC’s Price

Bitcoin’s recent mining rewards halving event didn’t have any sudden impacts on the cryptocurrency’s hash rate, but the impacts of it on miner dynamics are now growing increasingly clear. The benchmark cryptocurrency’s hash rate has been sliding lower throughout the past couple of weeks, signaling that miners are beginning to capitulate. History suggests that hash... дальше »

2020-5-24 01:00


3 BTC Mining Pools Accounts for 53% of Hash Rate, Bitmain Controls 2; Is Decentralization at Risk?

Bitcoin may not be as decentralized as it is normally touted. According to stats from BTC. com, two Chinese companies control over 52% of Bitcoin's hashrate. This, combined with reduced rewards from the May 2020 halving, begs the question of whether the leading digital asset is fully decentralized. дальше »

2020-5-21 19:05


Bitcoin hash rate continues to fall; will miners return with "profit incentives"?

Bitcoin's third halving was one of the initial chapters in the ever-evolving crypto space. Despite being in its early stages, the halving event has shed more light on the evolution of the BTC network The post Bitcoin hash rate continues to fall; will miners return with "profit incentives"? appeared first on AMBCrypto. дальше »

2020-5-19 22:30