While there’s been a lot of concentration on bitcoin mining crackdowns in China and Bitcoin’s recent hashrate loss on Monday, many other digital assets have seen hashrates drop significantly as well. Some of the largest digital currencies, in terms of market valuation, lost considerable dedicated hashpower over the last few days. PoW Chains Feel the…
Mpex founder and Bitcoin evangelist Mircea Popescu reportedly drowned off the coast of Costa Rica, adding to the mystery surrounding the man, his purported bitcoin fortune, and what it might mean for the future of the network. Father of “Bitcoin Toxicity” Faced No Shortage of Controversy Just like the pseudonymous Satoshi Nakamato sparked a thrilling…
Bitcoin Stuck Near $35K, What Could Trigger A Strong Rally Bitcoin price climbed higher and it settled above the $34,000 level against the US Dollar. BTC is likely to continue higher if it settles above $35,000 in the near term. The pair is likely to rally above $35,000 unless there is a clear break…
Fresh reports from South Africa suggest that the transfer of locally acquired cryptocurrencies to overseas crypto exchanges will now be subject to the country’s exchange control regulations. Consequently, transactions where an individual purchases crypto assets in South Africa and uses them to externalize “any right to capital” will be deemed a criminal offense. Risk of…
JPMorgan Chase has released an investor note stating that the cryptocurrency market appears “to be beginning the process of healing.” In the short term, however, the JPMorgan analysts expect further sell-offs before capitulation. JPMorgan’s Crypto Market Outlook JPMorgan Chase’s analysts, including Josh Younger and Veronica Mejia Bustamante, wrote about the outlook of the cryptocurrency market…
A fee change proposal for Dogecoin has been submitted and Tesla CEO Elon Musk says that it is “important to support” it. “This document proposes a new fee structure and policy for Dogecoin Core, to be gradually deployed to the network over multiple software releases,” said the Dogecoin developer who submitted the proposal. Elon Musk…
