Cryptocurrency Analysis and News Portal
Crypto research firm, TokenInsight, has published a report covering the crypto mining industry during the first quarter of 2020. The report emphasized swings in Bitcoin (BTC)’s hash rate and the phasing out of older ASIC models.However, volatility has had a greater impact on Chinese miners — with Antminer S9s becoming
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CoinMarketCap released a report which indicates a 43.24% growth among female users in Q1 2020.According to the study, this is compared to a mere 15.5% increase seen in Q4 2019.18-24 year old rose 65%, with the continents of the Americas and Europe experiencing more than 50% growth. The research highlights an
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A study by TokenInsight indicates that the total futures trading volume in the crypto industry reached over $2.1 trillion in Q1 2020. This is an increase of 314% from the 2019 Q4 average.According to the “2020 Q1 Cryptocurrency Derivatives Exchange Industry Report”, except for a slight decline in Q4 2019,
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For well over a month now, a great number of countries have been living under lockdowns and stay-at-home orders due to the coronavirus outbreak. Meanwhile, central banks like the Fed, Bank of England (BoE), and European Central Bank (ECB) have funneled trillions into the hands of private financial incumbents. Despite
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The first quarter left bitcoin under stress as it gave up all its early yearly gains to the fast-spreading Coronavirus pandemic. As of March 31, 23:59 UTC, the cryptocurrency was down by 10.53 percent to $6,424.35 on Coinbase crypto exchange.While bitcoin did not behave like a safe-haven in times of
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Square’s Bitcoin (BTC) revenue continues to grow, even as the popular payments app lowers its first-quarter revenue estimates by $800 million due to the coronavirus crisis.According to a company announcement on March 24, COVID-19 was not a factor in the company’s growth until around 10 days ago:“While the beginning
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It’s fair to say that Bitcoin investors aren’t too optimistic at the moment; after last week’s almost-50% decline, there are few reasons to be optimistic about the future of cryptocurrencies, let alone financial markets in general.But, analysts have begun to share a fractal that suggests the price of BTC will
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The Atlanta Fed’s GDP Tracker is projecting annual growth of 2.7% in the first quarter despite the onset of coronavirus. If the forecast holds, it would mark the highest rate of expansion for the U.S. economy since Q1 2019. Fed prognosticators are notoriously bad at predicting the future. Their
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2019 ended with a rather disappointing sub-twenty cents per XRP, yet the good news continues to roll in with both utility and adoption trending skywards. Join us as we take a look at the biggest factors we think could lead to an XRP price rally, taking it far higher than its
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2019 was a rollercoaster year for Bitcoin, as the world’s biggest cryptocurrency went on an incredible rally in the first half of the year, but then gave up some of the gains. The second half of 2019 proved to be particularly disappointing for the market as BTC failed to reach
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