BTC Prices Below $8K Could Spell Disaster for Bitcoin Miners

According to a study conducted by Wall Street analyst, Tom Lee’s agency, Fundstrat, BTC prices below the $8K range make it awfully difficult for miners to gain revenue. Lee details that at a global average rate of six cents per kilowatt-hour, some BTC miners are either breaking even right now or mining the cryptocurrency at … Read more

Post-Cable Network Cheddar Launches TV Show ‘Crypto Craze’

On March 15 the post-cable network Cheddar announced it will be broadcasting a thirty-minute show about cryptocurrencies called ‘Crypto Craze.’ The show will explore investment strategies for digital assets like bitcoin, litecoin, and ethereum. Also read: South Korea Planning to Formally Allow ICOs Online Stock Brokerage Firm Sponsors a TV Show Called ‘Crypto Craze’ The online … Read more

Global Cryptocurrency Volume Down 75% from January High

As global cryptocurrency markets continue to slide from elusive January highs, it’s becoming increasingly evident that the next “boom” may be further away than many had anticipated. Bitcoin’s price is down nearly 50% from its local January 7 high of US$17,000, and other altcoins have seen average losses of about 60% in that same time frame. While … Read more

Markets Update: Crypto Assets Spike But Traders Are Skeptical

Most of the top crypto assets are seeing gains today as many cryptocurrencies suffered losses over the past week. BTC/USD markets reached a weighted average of $9,892 across global exchanges during the overnight trading sessions. This rise follows BTC/USD prices touching a low of $8,366 on March 9 and many other digital assets reaching lows … Read more

A Look at This Week’s Bitcoin Cash Markets and Merchant Support

Bitcoin cash (BCH) markets have been declining in value following suit with BTC and a vast majority of cryptocurrency prices suffering from losses the past five days. The price has since stabilized hovering around the $1,075 range after touching a low of $920 per coin just a few days ago. Also read: Ant Creek: Is Bitmain … Read more

Markets Update: Crypto Values Drop to Lower Vantage Points

The price of cryptocurrencies across all markets has been dropping in value quite a bit over the past 48 hours. BTC/USD markets started tumbling on March 5, after the price reached a high of $11,650 during the evening trading sessions. Following the peak, the value dropped to $10,600 on March 6 losing $1,000 in value. … Read more

Markets Update: BTC Prices Dip Below $10K

BTC prices and a vast majority of other cryptocurrencies have taken a significant dive over the past 24-hours as the entire crypto-economy shaved $75Bn from its recent highs this week. BTC/USD markets dropped to a low of $9,730. Also Read: China Censors Cryptocurrency Ads on Search Engines and Social Media Crypto-Markets See Losses Between 3-20 Percent … Read more

DigixDAO Surges Amid Sea of Red

After a general upwards trend from Bitcoin following its February 6 low of US$6,000, today marks the first major downtrend from the cryptocurrency. After nearing $12,000, the coin has dropped significantly, and is currently trading close to $10,700. As is usually the case, the significant drop has caused widespread losses among a majority of altcoins. Of … Read more

Study Finds Little Correlation Between Tether Printing and Bitcoin’s Price

Over the past few months there’s been a lot of internet chatter concerning the digital currency tether (USDT) and whether or not it’s really backed by U.S. dollars. Further, there’s been skeptics, speculators, anonymous Twitter handles, and well-researched reports that claim tether printing moved the price of BTC considerably this past year. However, just recently … Read more