Bitcoin Mining Will Explode In Africa

2022-07-29 08:59:48 Mining headlines are typically filled with mentions of North America and Asia, with occasional mentions of Latin America. But another region of the world is showing some unnoticed signs of consistent interest in the mining sector. This article explores some data that shows interest from African nations in mining and profiles a few […]

Jim Rogers Predicts Stock Market Crash, Recession, Bitcoin to Struggle

2022-07-26 Jim Rogers is bracing for an epic stock-market crash and a painful recession. George Soros’ former partner sees the US dollar, energy, and agriculture as solid short-term bets. Rogers ruled out buying bitcoin, arguing governments won’t allow crypto to usurp fiat currencies. Something is loading. Jim Rogers warned a historic stock-market crash is on […]

Will release of $3B Bitcoin from Mt Gox cause market bottom in August?

2022-07-09 19:09:54 137,000 BTC worth roughly $2.8 billion will soon be released into the market as funds lost to the Mt. Gox hack of 2011 and subsequent loss of 850,000 BTC worth around $17.8 billion at today’s price. In 2014 Mt. Gox reported that it had found 200,000 BTC, but those coins have been locked […]

72 of the top 100 coins have fallen 90% or more: Here are the holdouts

2022-06-16 According to price data from CoinGecko compiled by CoinGoLive, the current bear market has seen a whopping 72 out of top-100 tokens fall more than 90% from their all-time highs. The larger cap coins are faring better than most. Among the top ten cryptocurrencies by market cap, nine have dipped less than 90% during […]

Cryptocurrency ‘bloodbath’ threatens multibillion-dollar hedge fund | Cryptocurrencies

2022-06-15 The “bloodbath” in the cryptocurrency sector may claim another victim, with the co-founder of multibillion dollar hedge fund Three Arrows Capital using Twitter in an attempt to battle rumours that the company is insolvent following the market collapse. With a net asset value of $18bn (£14.9bn) in its last public statement, the Singapore-based hedge […]

Is it time to buy now that bitcoin has died?

From a peak of approximately US$70,000 per unit in November 2021, bitcoin’s value has dropped by more than half to around US$30,000 today. The broader cryptocurrency market has also crashed. The answer is that bitcoin dies frequently. At least seven other times, it has dropped by 50% or more. Whether you like or dislike bitcoin, […]

Why Bitcoin Sees Most Of Its Gains While US Traders are Asleep

2022-06-12 08:03:36 (Bloomberg) — When Wall Street goes to sleep, Bitcoin is usually just getting going. It often parties all night long, and in the process, notches more robust gains than while US markets are open. A hypothetical strategy that buys the coin at the equity-market close — at 4 p.m. in New York — […]

Ethereum-Based Gaming Project Rallies After Coinbase Announces Surprise Altcoin Listing

2022-05-26 11:06:44 An altcoin fueling a play-to-earn metaverse game is seeing green after being added to the US’s largest crypto exchange. In a new announcement, Coinbase says The Sandbox (SAND) will start trading on Coinbase Pro paired with Tether (USDT) once appropriate liquidity conditions are met. Coinbase will add support for The Sandbox (SAND). Inbound […]