Bitcoin Hashrate Down 45% – Miners Witness Second-Largest Difficulty Drop in History

Bitcoin’s hashrate has plummeted 45% since the record-breaking levels it saw on Feb. 29. The hashrate touched an all-time high of 136 exahash per second (EH/s) but has since dropped to 75 EH/s. Moreover, the crypto network has seen the second-largest difficulty drop since October 2011. Also read: While You’re Under Quarantine, Check These Sites […]

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Edward Snowden ‘Felt Like Buying Bitcoin’ While Traders Hunt for the Market Bottom

Edward Snowden 'Felt Like Buying Bitcoin' While Traders Hunt for the Market BottomFollowing three consecutive days of losses shedding $50 billion off the cryptoconomy, digital currency markets lost another $44 billion in a matter of hours on March 12. Not only did ‘Black Thursday’ wreck traditional markets, but gold and bitcoin felt the brunt as well. Amidst the sell-off, the whistleblower Edward Snowden said that he “felt […]

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XRP Plummets 56% in One Candle, Bitmex Traders Outraged Over Flash Crash

XRP Price Brought Down 56% in One Candle, Bitmex Traders Outraged Over Flash CrashA number of XRP traders are complaining about massive liquidations on Bitmex as the price of XRP spiked and was brought down by 56% in a single candle. After the incident, well known traders with leveraged positions took to Twitter to complain about the upset as some investors were completely liquidated. Also read: Fed Chair […]

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Bitcoin’s $10k Value Pushed Down by CME Futures Price Gap

Bitcoin's $10k Value Pushed Down by CME Futures Price GapJust recently BTC prices surpassed the $10,000 zone and held above that region for around 24 hours. Some speculators believe the price of BTC dipped below the $10k range on Monday, after the price aligned with the price gap on CME Group’s global market exchange. During the course of 2019, crypto traders have noticed that […]

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