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Bitcoin falls to a 1-month low after a 6% dive drops BTC price to $56.6K

Bitcoin (BTC) fell through key support levels on Nov. 18 in a fresh test of bulls' resolve.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView"Strong market-wide selling" hitsData from Cointelegraph Markets Pro and TradingView showed BTC/USD abandoning the $58,400 support after multiple retests in previous days and at the time of writing, Bitcoin

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BTC Markets hires former ASX and Tyro executives to advisory board

Australia’s largest digital assets exchange, BTC Markets, has announced it will be adding two new senior additions to its Advisory Board, David Raper and Garry Duursma. BTC Markets has 325 thousand Australian clients, who have traded over AU$17.1 billion on the platform. BTC Markets CEO Caroline Bowler told Cointelegraph that

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Bitcoin Hashrate Nears All-Time High Captured in May — BTC Mining Rigs Produced in 2016 Still Profitable – Mining Bitcoin News

While bitcoin’s value has remained well above the $60K range, the network’s hashrate has surged to over 184 exahash per second (EH/s) as mining devices are far more profitable at these prices. The price has made it so that older generation mining devices manufactured over four years ago, with processing

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Local Council Member in Ukraine Declares 124 BTC and 500 Tesla Shares – Bitcoin News

A government official in Rivne region of Ukraine owns close to $8 million in cryptocurrency and 500 Tesla shares, his declaration shows. The news comes as another Ukrainian lawmaker in Kyiv has found it hard to prove possession of the crypto holdings on her asset statement. Ukraine Officials Declare Crypto

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