NEWS Archives - Page 125 of 134

July 13, 2021

Bitcoin Legalization in El Salvador an Ill Move: JP Morgan

Following the legitimization of Bitcoin (BTC) as a legal tender in El Salvador, JP Morgan & Chase Co.’s Latin American research team published a report termed “The Bitcoinization of El Salvador,” which highlighted some of the pitfalls of the undertaking. The lead analyst on the JPM team who aut...

#BITCOIN #BTC #CRYPTOCURRENCY #El Salvador #JPMorgan #NEWS

July 12, 2021

Binance Coin Remains Steady Despite Increasing Regulatory Scrutiny on Binance

Binance Coin (BNB) emerged as one of the top gainers in the crypto industry on Monday after soaring by over 7% in the past 24 hours. However, the fourth-largest cryptocurrency has suffered a mild correction over the past few hours, sending BNB to $322, where it currently trades. Binance Coin’s bull...

#Binance Coin #BNB #CRYPTOCURRENCY #NEWS

July 11, 2021

Bitcoin Volatility Quiets Ahead of GBTC Unlocking on July 18

Bitcoin (BTC) had a calm weekend as the cryptocurrency swayed in a tight range between $33k and $34k. As expected, most of the altcoin market maintained a sideways bias because of the low volatility in BTC over the weekend. The benchmark cryptocurrency tested the $35k resistance last week but faile...

#BITCOIN #BTC #CRYPTOCURRENCY #GBTC #NEWS

July 09, 2021

Dogecoin Slumps as Bearish Market Sentiment Persists

Dogecoin (DOGE) continues to trade on a bearish sentiment into Friday after falling by more than 10% over the past seven days. The bearish pressure on DOGE is sponsored primarily by the doubtful trader bias in the market and the recent spike in smaller meme coins, particularly Shiba Inu and Baby Do...

#CRYPTOCURRENCY #DOGE #DOGECOIN #NEWS

July 08, 2021

Bitcoin Whales Now Own 49% of Total BTC in Circulation

Reports show that Bitcoin (BTC) whales have expanded their BTC holdings over the past few weeks, despite the unrelenting market volatility. According to a recent report by Santiment, an on-chain crypto analytics company, large BTC addresses (holding between 100 and 10,000 coins) now control about 9...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS

July 07, 2021

Ethereum Network Upgrade (EIP-1559) Set for August 4

Ethereum (ETH) core developers recently announced the proposed launch of the London hard fork upgrade, with a new mainnet scheduled for August 4 that would include the highly-anticipated EIP-1559 upgrade. The EIP-1559 upgrade was a success, following its Ropsten testnet about two weeks ago. The upg...

#CRYPTOCURRENCY #EIP-1559 #ETH #Ethereum #NEWS

July 06, 2021

Bitcoin to Enter Bear Market Following Prolonged Consolidation: Twitter Analyst

Famous Twitter crypto analyst Mr. Whale believes that current Bitcoin (BTC) market conditions indicate an imminent bear move. The analyst tweeted yesterday that the benchmark cryptocurrency’s inability to print a new high in more than 80 days is “confirmation that the bull market is over.” He tweet...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS

July 05, 2021

Cardano Becomes Third-Largest Asset Held on Grayscale

Grayscale Investments, the world’s biggest cryptocurrency investment company, recently announced the addition of Cardano (ADA) to its Digital Large Cap Fund (OTCQX: GDLC). The investment behemoth noted that this fund is “a passive, rules-based strategy that seeks to provide exposure to 70% of the d...

#ADA #Cardano #CRYPTOCURRENCY #NEWS

July 04, 2021

Bitcoin Mining Difficulty Hits Its Lowest Level in History Amid China Crackdown

New data from Glassnode revealed that the Bitcoin (BTC) mining difficulty has dropped by 28% in its latest adjustment, making it the worst negative adjustment in BTC mining history. Bitcoin mining difficulty is a metric used to illustrate how hard it is for miners to successfully solve a mining blo...

#Analysis #BITCOIN #CRYPTOCURRENCY #Mining Difficulty #NEWS