Cryptocurrency Analysis and News Portal
On May 24, the price of Bitcoin (BTC) dropped to $8,800 from $9,300. In the next 24 hours, it declined to as low as $8,600, leaving the top ranked digital asset on CoinMarketCap at risk of a bigger pullback.The initial drop of Bitcoin below $9,000 coincided with a massive inflow
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Crypto market data analysis firm Santiment has published data suggesting bullish activity surrounding MKR — the token underpinning decentralized finance (DeFi) project MakerDAO.On May 20, Santiment published data indicating bullish divergence between the number of daily active MKR addresses and price action for the token.“$MKR looks to be forming a
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There is no doubt Bitcoin has been adversely affected by the outbreak of COVID-19.Crypto assets, like many other mainstream asset classes, experienced a large downturn in the middle of March. It was a move in global markets based on fears that the coronavirus lockdowns could cause a widespread economic contraction,
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The Nxt (NXT) and Ardor (ARDR) blockchains have seen a spike in the number of network’s nodes after rolling out an incentives program.Jerulidia — the company behind both blockchains — told Cointelegraph on April 28 that both networks experienced a dramatic increase in the number of nodes after the firm
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With less than three weeks until the halving, the subject has overtaken the coronavirus as a leading Bitcoin narrative on Twitter — and it’s once again starting to dominate media coverage.On April 23, crypto social sentiment analysis firm TheTIE published data to Twitter showing that discussion concerning the ‘halving’ ranked
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Following an enormous drop in Bitcoin’s (BTC) network hash rate back on March 26, the premier currency’s hash rate increased between April 4 and April 6 by at least a whopping 33%, exploding from around 85–91 exahashes per second to roughly 122 EH/s, according to various data sources.Historically speaking,
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Exchange data and statistics from Google Trends, Twitter, and Baidu show that despite the recent price drop people are looking to buy
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Despite it being a weekend, volatility has persisted in the Bitcoin market. After falling as low as $5,000 today, the cryptocurrency spiked 15% in minutes, rallying to $5,950 from $5,150 in an hour’s time. Unfortunately, BTC was unable to hold its gains, seeing a strong rejection at $6,000 to fall
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The number of coronavirus cases in South Korea reached 156 on Friday. Soldiers at the Navy, Army and Air Force have been diagnosed with COVID-19. With 52 new confirmed cases, South Korea has the highest number of coronavirus infections outside China. According to Yonhap News Agency, a government-funded mainstream
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Official number of coronavirus cases in China is likely to spike in the coming days. A new category of diagnosis is now implemented by the government of China. Analysts believe real numbers are much higher than reported figures. China’s surprise announcement of 15,000 new confirmed cases of coronavirus on February 12 is only
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