Maker (MKR) Network Activity Explodes While Prices Face Stiff Resistance Ahead
In a recent blog post, the world’s largest cryptocurrency exchange by trading volume Binance revealed that it was
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Prices
First Mover: Bitcoin Miners Find Upgrade Financing Aplenty, Even as Prices Languish
Even as bitcoin prices languish below $10,000, North American cryptocurrency mining companies are tapping into a flurry of fresh financing from investors to pay for new equipment upgrades, bolstering the blockchain network’s resilience and reducing its reliance on Chinese operators. More than $1 billion of new bitcoin-mining computers will be purchased
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DeFi Earnings Fell 42% in Q2 Even as Token Prices Surged
The DeFi industry may be booming this year, but a new report shows earnings have fallen despite a huge surge in token prices.The second quarter token report from Bankless, a DeFi focused newsletter from Mythos Capital founder, Ryan Sean Adams, revealed that earnings fell by 42% in the second quarter,
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Bitcoin Whales’ Exchange Withdrawals Hint at 5-Digit Prices in July
Bitcoin (BTC) investors should buy BTC when whales do one thing in particular — bull runs begin several months later.That was the latest insight from Ki Young Ju, CEO of on-chain analysis resource CryptoQuant, who revealed that when whales withdraw Bitcoin from exchanges, it’s time to enter the market.Analyst: Buy
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Gold Prices Are Crashing – Here’s Why Long-Term Investors Will Buy Anyway
Not everything is rallying on the job market’s surprise good news. Gold is diving and now trades under $1,700. Longer-term, lower interest rates and easing measures will likely lead to a massive rally for gold. Happy days are here again! At least they are in the stock market.
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Venezuela Raises Petrol Prices, Mandates Support for Petro at Gas Stations
[sociallocker id="55298"] Venezuela has announced that petrol stations across the nation will sell gasoline at a reduced price in exchange for the country’s state-issued, oil-backed cryptocurrency, the Petro.However, the announcement comes alongside the removal of local petrol subsidies that will see the price of gasoline spiking from close to nothing
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Market Update: Bullish Bitcoin S2F Chart, 6-Digit Prices, Liquidations Prime Crypto Values
[sociallocker id="55298"] The price of bitcoin and a number of cryptocurrencies have been sliding downward in value during the last 72 hours, after bitcoin touched a high of $9,700 on May 30, 2020. On Monday, June 1, the price is up 0.06% and trading for $9,578 per coin during
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Drop in Oil Prices Give US Miners a Competitive Edge
Bitcoin educator Andreas Antonopoulos sees the recent downturn in oil prices as a net positive for crypto miners worldwide, particularly those at the Bitmain mining facility in Texas.In a video he posted to his YouTube channel on May 27 titled “Down the Rabbit Hole”, Antonopoulos said the falling oil prices
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Bitcoin Prices Face $10000 Resistance Without Strength to Cross It While Indicators Started to Go Down
Bitcoin Prices Face $10000 Resistance Without Strength to Cross It While Indicators Started to Go Down May 29, 2020 by Ramiro Burgos Bitcoin Prices Face $10000 Resistance Without Strength to Cross It While Indicators Started to Go Down Also Read: Bitcoin Prices Turbulent As Exhausted Indicators Drift In A Volatile Distribution
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Housing Market Indicators Suggest Recession Could Pump House Prices
New housing starts have hit a five-year low, while mortgage rates reached another record low last week. These two factors could lead to a reduction in the housing supply, which in turn will push up prices. As with the financial crisis of 2007-8, the downturn will likely have a
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