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Bitcoin crashed to $42‚000‚ altcoins see doubledigit slumps


Saturday, 4 December, 2021 at 03:56 GMT
Massive double-digit price drops are seen across all charts with bitcoin dumping to a two-month low at $42,000.Bitcoin went through one of its worst crashes as it dumped by $16,000 in a matter of hours to a two-month low of $42,000. Most altcoins are deep in red with double-digit...
Bitcoin′s sluggish phase a blessing in disguise‚ altseason led by ethereum in the cards


Saturday, 27 November, 2021 at 10:01 GMT
Altcoins have largely been outperforming Bitcoin of late. In just the past week alone, top coins like ETH, BNB, AVAX and MATIC have fetched their investors with 10%, 16%, 17% and 22% returns respectively. Bitcoin, on the other hand, found it quite challenging to deliver 3% in the...
What to expect from taproot‚ the biggest upgrade to the bitcoin network in 4 years


Sunday, 14 November, 2021 at 03:53 GMT
The biggest upgrade to the bitcoin network in four years is slated to happen over the weekend.Unlike the last upgrade in 2017, Taproot has received near-universal support in the bitcoin community.Here's what you need to know, from the BIPs to what this may mean for the network. ...
The us dollar loses 14% against chinese yuan


Saturday, 13 November, 2021 at 06:09 GMT
The dollar is worth 14% less than a year ago against the Chinese yuan (CNY) with it dropping to a three year low, down to 6.37 CNY per dollar from 7.2 in June 2020. ...
Japan authorities bust $237 million real estatebased crypto scam‚ chinese investors involved


Friday, 12 November, 2021 at 11:59 GMT
Chinese investors hide land deals in Japan by using cryptocurrency. Cryptocurrency is progressively seizing the media’s attention in 2021 and so are crypto scams. Different scams have hit an all-time high in 2021. From phishing operations to fake ICOs and what not, such...
Can bitcoin mining regulations force miners to sell again


Wednesday, 10 November, 2021 at 11:44 GMT
Most networks in the crypto-space are technologically moving away from the energy-intensive process of block processing. In fact, proof of work is being discarded as a mining method. However, Bitcoin continues to be threatened because of it. ...
Is this the reason china banned bitcoin mining


Monday, 8 November, 2021 at 08:14 GMT
Bitcoin entrepreneur John Carvalho might be on to something. In a recent episode of the Tales from the Crypt podcast, he posed his theory on why did China shot itself in the foot by banning Bitcoin mining early in the year. We at NewsBTC have been racking our brains trying to...
Jpmorgan analysts put ethereum fair value at $1‚500‚ with bullish outlook for bitcoin


Saturday, 6 November, 2021 at 04:46 GMT
Ethereum’s value has hit a recent all-time high above $4,600. However, not everyone agrees that the altcoin is fairly priced. Analysts at JPMorgan fall into this category. Although the altcoin has made great strides in utility recently, the analysts do not believe that the coin...
Bitcoin november might see 40% gains‚ but what next in the near term


Wednesday, 3 November, 2021 at 09:16 GMT
For a long time, Bitcoin’s price was attempting a move above the key $62,500 resistance level. However, BTC failed to gather strength as the larger price structure since 21 October moved sideways. At the time of writing, however, on the back of some recovery, the...
The psychology of buying into crypto


Sunday, 31 October, 2021 at 10:39 GMT
Cryptocurrency investments have the allure of a lucrative get-rich-quick scheme.Cryptocurrencies are accessible to all types of buyers, regardless of their societal or capital worth.Investors always seek the upside of crypto, while totally dismissing its downside – volatility. ...

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