Cryptocurrency Analysis and News Portal
[sociallocker id="55298"] According to a June 1 announcement, Travala.com also saw its monthly revenue increase by 205% in May compared to April. Still, while the platform is seeing more traction compared to April, May also saw a 60% decrease in room nights booked compared to March.Travala.com sees bookings surge as
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It appears Bitcoin missed a medium-term upside target above $11,500 after undergoing a significant sell-off in March 2020.The major northward move had appeared out of a Falling Wedge breakout.Bitcoin reentered the Wedge after the crash and followed it with a breakout towards a new bull target near $9,500.The cryptocurrency is
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Bitcoin was spooked by a ghost Wednesday, tumbling 7% in the span of an hour on reports a previously inactive address dating to the blockchain network’s earliest days had transferred more than $300,000 of the cryptocurrency. The scare brought a quick end to bitcoin's four-day rally. Prices for the largest cryptocurrency
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Per a May 20 announcement from Banque de France, France has become the first country to successfully trial a digital euro, operational on a blockchain, following a call for new technology to back such a development at the end of MarchThe bank says it tested a sale of securities for
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Bitcoin’s option market continues to grow, signaling an increased influx of sophisticated traders and institutions into the crypto space.Open interest (or open positions) in options listed on the Panama-based Deribit exchange jumped to a record high of $1 billion Tuesday, according to the data provided by the crypto derivatives research firm
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As miner profitability has tanked considerably after the latest Bitcoin halving, the BTC mining difficulty has also seen a drop of over 6% if we compare it with the pre-halving period.Last week, the Bitcoin blockchain network went through its most-awaited event of 2020 aka Bitcoin halving. This was the third
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Following the third bitcoin halving on May 11, 2020, there’s been a big shift in mining pool distribution, as far as hashrate is concerned. At the time of publication, there’s around 100-115 exahash per second (EH/s) in search of bitcoin blocks and spectators have seen two relatively unknown mining
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Since our last market update, Bitcoin has continued to plunge lower.The leading cryptocurrency just minutes ago tapped $8,180 for the third time in the past two days. BTC has since bounced off that level, indicating that this level is of some importance, rallying back to $8,450 as of the time
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Bitcoin hasn’t done too hot over the past hour. After closing Saturday’s candle at $9,600, the cryptocurrency fell off a cliff, hitting a low of $8,100 on some exchanges on an influx of sell orders. This marked a nearly $2,000 reversal from where Bitcoin was trading at just 24 hours
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The lead developer on the Litecoin Mimblewimble (MW) project, David Burkett, has now built a functional testing framework and started to integrate the development work done so far into the Litecoin codebase.According to a May 1 report on the Litecointalk forums, the project to implement the MW privacy enhancements into
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