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Data Analyst: There Continues to Be Mass Bitcoin Accumulation By Institutional Players
At the start of May, Bitcoin experienced its latest block reward halving. This event saw the number of BTC issued per block cut in half from 12. 5 coins to 6. 25, meaning that there is less supply to satisfy demand. дальше »
2020-6-6 04:00 | |
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Japanese Finance Minister Shoots Down Plan to Cut Bitcoin Tax to 20%, Cites Crypto-Divide
Japan’s finance minister Taro Aso says he is opposed to reducing tax on bitcoin income to 20%, on par with stock dividends, arguing that most Japanese households find it difficult to invest in digital assets. дальше »
2020-6-6 17:05 | |
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Exxon Mobil Joins Other Petroleum Giants in Testing Blockchain Pilot
A consortium of 10 multinational oil and gas companies known as the Offshore Operators Committee (OOC) Oil and Gas Blockchain Consortium has reportedly tested a blockchain pilot to explore the possibilities of leveraging distributed ledger technology (DLT) to automate production and cut down operational costs. дальше »
2020-6-4 01:00 | |
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Bitcoin’s Energy Consumption Dropped Significantly Post Halving But Still Rivals Many Countries
Bitcoin network has always been criticized for the amount of electricity it consumes in order to verify transactions and add new blocks to the network. The recent block reward halving event which cut the supply of Bitcoin per block from 12. дальше »
2020-5-26 23:35 | |
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Post-Halving Reality: Bitcoin Cash Network ‘Not Looking Healthy’ As On-Chain Metrics Continue Slumping
Since the block rewards for Bitcoin Cash (BCH) miners were cut in half more than a month ago, the network has awakened to a harsh new reality. A good number of miners on the network pulled the plug on their mining rigs due to the reduced revenue. дальше »
2020-5-26 16:45 | |
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Stellar Price Analysis - Token supply cut in half
In a likely bid to increase the adoption of Stellar as a store of value, the Stellar Development Foundation axed 55% of the total token supply, as well as successfully campaigning for the removal of inflation on the network. дальше »
2020-5-27 15:01 | |
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If Bitcoin Follows the 2012 and 2016 Halvings, Price Will Go “Almost Vertical”
It’s been a brutal past two weeks for Bitcoin miners. After the block reward halving that transpired on May 11th, the revenue of BTC miners was effectively cut in half overnight. The number of coins issued per block fell from 12. дальше »
2020-5-26 15:00 | |
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Canaan Narrows Q1 Loss to $5.6 Million Amid Weakening Demand for Mining Hardware
Bitcoin mining rig manufacturer Canaan Creative reported a net loss of $5. 6 million for the first quarter of 2020, down from $9. 5 million a year earlier. The Chinese company cut prices of its ASIC-based machines by over 50% in an effort to improve sales, but that wasn’t enough to prevent the heavy loss. дальше »
2020-5-24 06:01 | |
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Why Bitcoin Mining Difficulty Just Dropped Considerably In Its First Adjustment Post-Halving
We are now in the 6. 25 block subsidy era after the recent halving. With miners revenue cut in half, some miners with older model mining hardware were forced to leave the bitcoin network due to unprofitability. дальше »
2020-5-21 14:11 | |
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Bitcoin Sentiment on Twitter Reaches Its Highest Level in 3 Years, Says Data Firm The Tie
Positive investor sentiment about bitcoin (BTC) on Twitter has reached record levels – its highest in three years – triggered by the cryptocurrency’s supply cut earlier this month, data shows. дальше »
2020-5-21 08:35 | |
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Meghan Markle Has Cut off Prince Harry from Friends & Family to Devastating Effect
We often hear about Meghan Markle and Prince Harry having an "inner circle" of friends in L.A. But how many are actually Harry's friends? The post Meghan Markle Has Cut off Prince Harry from Friends & Family to Devastating Effect appeared first on CCN.com дальше »
2020-5-19 03:47 | |
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Bitcoin Miners Revenue Plunge 48% as Halving Impact Kicks In
Revenue for Bitcoin (BTC) miners plunged 48% a day following the third halving, as the full impact of the periodic supply cut event began to take effect. According to data from crypto company Blockchain, the total value of block subsidies and transaction fees paid to miners crashed to $8. дальше »
2020-5-15 16:08 | |
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No Guarantee of Bitcoin Price Growing after Halving, Warns ING Economist
Bitcoin’s quadrennial supply cut event does not guarantee to boost its price, warned Carlo Cocuzzo, a Digital Finance Economist at ING. The veteran said that traders wrongly compare bitcoin with fiat currencies, stating the cryptocurrency is not even a currency. дальше »
2020-5-14 15:00 | |
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Bitcoin trading: Examining higher frequencies with nascent markets not always profitable
Leading up to the third block reward halving, a key aspect of Bitcoin's market was high volatility. Merely a day before the supply cut event, the price dropped to $8,100-level before rebounding and coThe post Bitcoin trading: Examining higher frequencies with nascent markets not always profitable appeared first on AMBCrypto. дальше »
2020-5-14 11:00 | |
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CME Bitcoin Options volume smashes record, but short-term rally might not transpire
Chicago derivatives behemoth, CME, has registered significant trading activity lately, both in terms of Futures and Options, since Bitcoin's third supply cut event. In another milestone for the platfoThe post CME Bitcoin Options volume smashes record, but short-term rally might not transpire appeared first on AMBCrypto. дальше »
2020-5-14 00:30 | |
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Interest Rate Adjustment Opens Way for Brazil to be New ‘Bitcoin Demand Source’
The economic gloom of Brazil continues amid the coronavirus pandemic. The deteriorated fiscal position and political uncertainties have created fears of a deep economic recession. The Central Bank of Brazil has also cut the interest rate to 3%, which is an all-time low. дальше »
2020-5-12 13:29 | |
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Bitcoin Plunges as Halving FOMO Comes to End; What’s Next for Crypto?
The bitcoin price fell by up to 19. 33 percent days after it established a halving-led high above $10,000. On the day of the third supply rate cut, traders maintained their selling bias, leading price down to $8,185. дальше »
2020-5-12 08:21 | |
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Bitcoin’s Third Halving Complete: Reward Cut Surprisingly Faster Than Previous Time Estimates
The Bitcoin blockchain has experienced its third block reward halving on May 11, 2020, at approximately 3:21 p. m EST, even though quite a few countdown clocks estimated that the halving would occur on May 12. дальше »
2020-5-12 22:37 | |
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Bitcoin endures minor price drop, LINK and DOGE remain immune
Bitcoin dropped significantly in the wee hours of 10th May all the way from $9,500. This not only wiped out weeks of gains that the coin posted since its valuation was cut in half by the Black ThursdaThe post Bitcoin endures minor price drop, LINK and DOGE remain immune appeared first on AMBCrypto. дальше »
2020-5-11 14:00 | |
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Bitcoin Rally Stalls at $10K But Dip-Buyers Should Watch These Levels
Bitcoin has been unable to stay above the psychological barrier of $10,000 with just three days remaining before miner block rewards are cut in half.
дальше »2020-5-10 09:20 | |
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Crypto Price Analysis May 7: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, XTZ, LINK
The Bitcoin price has possibly created a double top relative to its April 30 high. Each time 210,000 blocks are mined, the block reward for mining is cut in half. The upcoming event, the third Bitcoin halving, is now quickly approaching since fewer than 1,000 blocks are left until the 630,000 block milestone is reached. дальше »
2020-5-8 00:20 | |
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Iran to Cut 4 Zeros From Its Currency Amid Chronic Inflation and US Sanctions
Iranian lawmakers have reportedly approved a plan to slash four zeros from the national currency, the rial, which has been falling sharply in value amid chronic inflation and the U. S. sanctions. дальше »
2020-5-7 21:35 | |
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Airbnb Slashes 25% of Its Workforce Because of ‘Harrowing Crisis’
Online bookings platform Airbnb has confirmed that it will conduct a massive employee cut. Earlier this week, the company sent a note via email to its workers, explaining that the coronavirus pandemic has hurt its business significantly over the past few months. дальше »
2020-5-7 09:15 | |
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Bitcoin Twitter Is Extremely Bullish On Halving: Here’s Why This Is Dangerous
Bitcoin’s block reward halving is here at long last. Estimates suggest that the event is a mere seven days out from taking place. The halving is an event that will see the number of coins issued per Bitcoin block cut in half from 12. дальше »
2020-5-7 15:00 | |
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Bitcoin to Peak at $115,000 by August Next Year, Says Pantera Capital CEO
Pantera Capital chief executive officer Dan Morehead has predicted a 50% chance the price of bitcoin (BTC) will hit $115,000 by August next year. In a recent letter to investors, Morehead said: “If the new supply of bitcoin is cut in half (with the May 12 halving), all else being equal, the price should rise. дальше »
2020-5-7 01:15 | |
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Bitcoin’s Booming Hash Rate Ahead of Halving Signals a Serious Bull Run
In approximately 10 days as of this article’s writing, Bitcoin will experience its latest block reward reduction, known as a “halving. ” Halvings, which take place around every four years, ensure that the number of coins issued per block gets cut in half, resulting in a 50% reduction in BTC’s inflation. дальше »
2020-5-4 23:30 | |
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May the Fourth Be With Europe as it Opens Up, But Confusion Reigns
Two policemen were standing next to two vans which say ‘power cut, call us,’ while people passed by on both sides of the pavement in numbers not quite seen before.... The post May the Fourth Be With Europe as it Opens Up, But Confusion Reigns appeared first on Trustnodes. дальше »
2020-5-5 19:57 | |
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Oil Stocks Unstable, Royal Dutch Shell Cuts Dividends for First Time Since World War II
Coinspeaker Oil Stocks Unstable, Royal Dutch Shell Cuts Dividends for First Time Since World War IIIn an unprecedented move, Shell has cut down the interim dividend for its shareholders by 66% from $0. дальше »
2020-5-1 16:11 | |
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BTC On-Chain Metrics: Investors Bullish & Busy with Accumulation as Halving Approaches
In less than a fortnight, Bitcoin reward halving would be here that will cut down Bitcoin’s inflation rate in half. And it’s to be seen how this supply deficit would be greeted by the market this time. дальше »
2020-4-28 20:25 | |
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Bitmain S17’s Defection Rate Jumps to 30% Ahead of Bitcoin Miner Inflow Cut Down
With just two weeks left in the bitcoin reward halving, miners are racing each other to grab as much of the 1800 BTC per day inflow as they can because, after May 12, it will remain just 900 BTC per day. дальше »
2020-4-28 17:13 | |
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Consensys Cuts Hundreds of Jobs This Year – About 25% of Its Staff Slashed
Ethereum-based company Consensys has cut hundreds of jobs since January. In its latest action, the US-based blockchain development team confirmed it will slash more than 90 jobs – or 14% of its workforce – citing the global impact of Covid-19. дальше »
2020-4-22 03:00 | |
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Zcash Foundation Cuts Q1 Spending 17% to $2.7 Million – ZEC Tanks 9% in 24 Hours
The Zcash Foundation cut spending by 17% during the first three months of this year due to Covid-19 pressures. In its first-quarter report, the foundation said it spent only $2. 68 million from an initial budget of $3. дальше »
2020-4-22 21:45 | |
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Crude oil futures crash leaves bitcoin unscathed
Owing to restrictions within the U. S. and abroad during the COVID-19 pandemic, the demand for refined petroleum products has all but disappeared. As a result, oil refineries have significantly cut their production and purchase of crude oil. дальше »
2020-4-22 15:01 | |
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XRP’s Key Support is Taking a Bashing, Putting it at Risk of Capitulation
Bitcoin lost its support at $7,000 earlier today, subsequently leading XRP and virtually all other major altcoins to post notable retraces that have cut into the gains incurred as a result of the recent market-wide uptrend. дальше »
2020-4-21 04:00 | |
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XRP's positive momentum could be cut short; retracement to $0.16?
XRP has been lagging for quite some time now. Upswings appear to have been paused and a strong rally for the coin is yet to materialize. At press time, XRP was priced at $0.191. XRP 6-Hour Chart: The post XRP's positive momentum could be cut short; retracement to $0.16? appeared first on AMBCrypto. дальше »
2020-4-21 22:00 | |
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Blockchain Bites: ConsenSys Cuts, dForce Doomsday and Bitcoin ATMs Boom
ConsenSys cut staff for the second time in 2020. DForce faces doomsday. And Bitcoin ATMs are booming. дальше »
2020-4-21 21:04 | |
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Automobile Companies Leverage Blockchain for Optimized Supply Management
The supply chain industry is at the forefront of the blockchain revolution, utilizing the superior database management of the technology to streamline back-end processes. Tesla and BMW are the latest to join the movement, as the two companies use blockchain solutions to cut costs and improve the speed of shipments, per Forbes, April 15, 2020. дальше »
2020-4-15 15:00 | |
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A 51% Attack Against Bitcoin SV is Cheap to Pull off Through Nicehash
When Bitcoin forks go through their own reward halving, a very interesting situation occurs. Bitcoin SV recently had its rewards cut in half, making it very cheap to orchestrate a lengthy 51% attack. дальше »
2020-4-16 20:00 | |
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Bitcoin Cash Hash Rate Declines by Over 70%, Marching Towards its “Ultimate Demise”?
On April 8th, Bitcoin fork, Bitcoin Cash (BCH) had its halving that cut down its miners’ reward into half to 6. 25 BCH. However, as expected since the halving, its hash rate has dropped dramatically. дальше »
2020-4-11 18:38 | |
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