Crypto news

The latest steep declines in Bitcoin’s price have pushed miners to switch off some of their equipment to reduce costs. Consequently, this slowed down the average daily block time by as much as 70%.Miners’ Response To The Price DropMiners are the backbone of Bitcoin and any other Proof-of-Work-based cryptocurrency. They create new bitcoins by using hardware to solve complicated computer equations. The miner who solves them the fastest receives the reward (fee) for the transaction, which he...

Stornierte Flüge, verwaiste Skigebiete, nahezu leere Züge und vor allem eine ganze Menge Fragen – die Folgen der Corona-Pandemie halten nicht nur die Gesellschaft an sich, sondern aktuell vor allem die Tourismusbranche in Atem. Bei täglich neuen Entwicklungen fällt es schwer, den Überblick über den aktuellen Stand der Maßnahmen zu behalten. Gerade zum Start der Reisesaison stellt die aktuelle Situation auch viele Urlauber mitunter vor so manches Rätsel. Was, wenn man zum...

Efforts to contain the coronavirus pandemic have erupted into a disastrous and panicked shutdown of the economy by Western governments. The term “Marshall Law” (correct spelling: “Martial Law”) trended on Twitter last weekend. While many scoffed at this characterization of coronavirus containment efforts, it’s not entirely off base.In New York City, police can arrest bar and restaurant owners if they remain open. That’s to stay compliant with the mayor’s strict executive order to lock down...

Ethereum dropped by a steep 13% over the past 24 hours as it falls beneath $130.The cryptocurrency failed to overcome strong resistance at $135, which caused it to roll over and fall.Against Bitcoin, ETH is struggling as it posted a fresh low for March at around 0.0203 BTC.Key Support & Resistance LevelsETH/USD:Support: $120, $110, $105.Resistance:$135, $150, $165.ETH/BTC:Support: 0.021 BTC, 0.0204 BTC, 0.02 BTC.Resistance: 0.0215 BTC, 0.022 BTC, 0.0225 BTC.ETH/USD: ETH Drops Back Into...

Place/Date: - March 21st, 2020 at 11:47 am UTC · 5 min read Contact: Selina, Source: Coinbte The first blockchain officially produced Bitcoin on January 3, 2009, with a peak period of $19,000/Bitcoin, and a global multi-currency trading market with a daily trading volume of $10 billion. Endless trading, market volatility is very large, without political organization intervention, from the BTC derived a variety of blockchain. Blockchain three key technical ideas are: consensus mechanism,...

So far, the past month had seen some of the worst days in Bitcoin’s price history. Following the emerging coronavirus crisis, Bitcoin plunged from a high of over $10K in mid-February, to a current low of $3,600 reached March 12. Since then, the price had recovered to the $6,000 area, but March is not yet over.The drop affected almost all of the cryptocurrencies and stablecoins were the only ones that saw their market cap increased.Stablecoins’ Growth Amid The Sell-OffsAs the name suggests,...

According to a new survey published by Bitcoin IRA, many crypto users and enthusiasts believe bitcoin will surge past the $8,000 mark again in the next 90 days.Bitcoin IRA Suggests Positive SentimentBitcoin IRA is a company that allows individuals with retirement accounts to invest in digital assets such as bitcoin, Ethereum and bitcoin cash. While the notion of investing one’s retirement funds into digital assets can be a bit scary given their volatility – this is, after all, the money...

United Airlines (UAL) stock is said to have good chances to rise after the COVID-19 situation is over. Today it is fully in the green.United Airlines Holdings Inc (NASDAQ: UAL) stock may take off after COVID-19. This is what prominent investment analyst Luke Lango thinks. Sources report that the Caltech graduate said that that UAL is the best of the lot.While some people blame cryptocurrencies for their volatility, stocks are not netter at all in this context these days. UAL stock price...

Italian bank Banca Sella is now offering its 1.2 million customers the ability to trade Bitcoin through their accounts, using a platform called Hype platform.An Italian bank Banca Sella has come to the rescue of the local people to offer a Bitcoin trading platform, as Italy struggles to contain the contagious coronavirus. According to a statement by the bank, it will now provide its 1.2 million customers with a platform to trade Bitcoins with their available balances. Banca Sella has named...

It looks like the popularity of bitcoin futures has taken a turn for the worse.Bitcoin Futures Trading Reaches New LowsCME Group in Chicago, Illinois reports that only three bitcoin futures were traded last Tuesday. Approximately 80 bitcoin units were involved in the contracts, totaling approximately $80,000 at the time of the trades. This, according to CME Group, establishes a new low for the company, beating the previous record of $125,000 BTC posted in late January.While CME still boasts...