Cryptocurrency Analysis and News Portal
One week after the Bitcoin rewards halving, investors are speaking more positively about the coin than they have at any point over the last 2.5 years according to crypto data company The TIE.Chief Executive Officer (CEO) Joshua Frank spoke to Cryptox on May 18, saying the 30-day average daily sentiment
Read More
Ravaged by crippling hyperinflation, Iran’s Parliament has sanctioned the redenomination of its fiat — the rial — by replacing it with a new currency called the toman. According to the plan, each toman will be worth 10,000 rials.The redenomination plan effectively removes four place values (four zeros) from the Iranian
Read More
The clock is ticking down to the expected halving event on Monday and bitcoin is capturing the interest of investors who may not normally follow the cryptocurrency markets.At press time, bitcoin (BTC) was trading up less than 1 percent over 24 hours at $9,966 and above its 10-day and 50-day
Read More
Bitcoin price surges over 5% to trade above $9,700 at the time of reporting. The rally comes as the clocks show 4 days remaining until the BTC halving event.Bitcoin price continues soaring as the hype with BTC halving keeping most enthusiasts awake now and then. Bitcoin halving is expected to
Read More
Bitcoin is up again Friday as losses are seen in U.S. stocks futures.Following a rise of 23% over the last two days, though, the rally looks overstretched and the gains may be short-lived.At press time, the biggest cryptocurrency by market value is trading near $8,860, representing a 2.8 percent gain
Read More
With bitcoin's price jumping to a two-month high above $9,000, even mining equipment thought obsolete is becoming profitable again, at least for a short time.According to the miner profitability index, tracked by mining pools PoolIn and F2Pool, older mining rigs, such as Bitmain's AntMiner S9 or Canaan's Avalon A851, can
Read More
Bitcoin's price jumped above $8,100 on Wednesday, making an April gain for the fifth consecutive year all but certain. The top cryptocurrency by market capitalization rose to $8,191 at 11:15 UTC, its highest level since March 10, according to CoinDesk's Bitcoin Price Index.At press time, bitcoin is hovering near $8,170,
Read More
Bitcoin price clinches above $7500 after breaking out a key resistance level on April 23, which is being viewed as a ‘perfect storm’ before BTC halving.Bitcoin price broke a key resistance level at around $7000 after the bulls suddenly took over the game on April 23. A day later, its
Read More
Physical delivery of Bitcoin (BTC) for futures on the Intercontinental Exchange (ICE)’s Bakkt platform is going strong, despite a tumultuous month for the markets.Data from Arcane Research posted on March 26 reveals that, as of March 20, the number of traders opting to receive physical delivery of the cryptocurrency
Read More
Starbucks has banned the use of reusable cups to help slow the spread of coronavirus. The coffee chain is also planning to close outlets if affected by an infection. Its moves are a forewarning of how American retail could be severely impacted by coronavirus. Coronavirus has spooked Starbucks. The
Read More