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Research: Bitcoin and Ethereum correlation at nearly 90% for 2 years is not a bullish sign

Based on the data released by researchers at Skew, the correlation between Bitcoin (BTC) and Ethereum (ETH) has been at around 90 percent for two years. Since the end of the 2017 bull market during which the Bitcoin price achieved $20,000, most cryptocurrencies have fallen by 80 to 95 percent against the U. дальше »

2019-11-4 15:01


Data shows Tether transactions larger than $100k increase by 109% in the past week

During the past week, the total amount of transactions larger than $100,000 in USDT reached $7.3 billion, which represents an increase of 109.82 percent compared to the week before that. Data from IntoTheBlock has also shown that the overall number of USDT transactions has been on the rise in the past three months, as was […] The post Data shows Tether transactions larger than $100k increase by 109% in the past week appeared first on CryptoSlate. дальше »

2019-11-1 22:33


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More Chinese Bitcoin Miners Flock to Sichuan as Demand Soars

Despite the long-standing ban on Bitcoin trading, China continues to be a breeding ground for cryptocurrency mining operations — statistically speaking. As BeInCrypto has previously covered, Chinese Bitcoin miners dominate an estimated 65 percent of the total network hashrate — with others, including the United States and Russia, lagging far behind with roughly five percent […] The post More Chinese Bitcoin Miners Flock to Sichuan as Demand Soars appeared first on BeInCrypto. дальше »

2019-11-1 21:29


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Bitcoin’s Death Cross Fears Are Overblown, According to Analyst

The recent Bitcoin surge that caused the price to increase by roughly 40 percent in 16 hours has left investors and traders searching for answers as to why this happened. While there might not be a clear answer, possible options include the recent wave of positive news from China, the CME gap, and the performance […] The post Bitcoin’s Death Cross Fears Are Overblown, According to Analyst appeared first on BeInCrypto. дальше »

2019-11-1 19:08


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Russian Startup Turns Aluminium Plant into Bitcoin Mining Facility  

Russia Mining Company (RMC) has taken over the facility of the now-defunct Nadvoitsy Aluminium Plant in the northern Karelia region, which ceased operations in 2018 due to U. S. sanctions. RMC plans to turn the aluminum plant into a mega Bitcoin mining farm that would control 20 percent of the world’s bitcoin (BTC), according to reportsRead MoreRead More. дальше »

2019-10-31 20:00


Bitcoin’s surge improves price volatility, its probability of breaking ATH

Days after Deribit exchange launched Bitcoin June 2020 Options and placed a probability of only 4 percent on it crossing its all-time high before 20 June, Bitcoin changed the entire plot. 25 October recorded one of the largest surges of 2019 after Bitcoin massively pumped by over 35 percent over 10 hours to take the […] The post Bitcoin’s surge improves price volatility, its probability of breaking ATH appeared first on AMBCrypto. дальше »

2019-10-28 10:57


Kraken clarifies its involvement with Crypto Capital after Molina Lee’s arrest

On 26 October, Bitcoin was on a roller coaster that only went up. The coin broke the $9000 market within hours, going on to briefly cross the $10,000 mark. According to CoinMarketCap, the king coin recorded a hike of over 20 percent over the past day and was trading at an aggregated value of $9218, […] The post Kraken clarifies its involvement with Crypto Capital after Molina Lee’s arrest appeared first on AMBCrypto. дальше »

2019-10-26 16:45