Cryptocurrency Analysis and News Portal
Intel discovered a flaw in the manufacturing of its 7-nm chips that resulted in low-yield output. INTC stock is down.On Thursday, July 23, computing chip giant Intel Corporation (NASDAQ: INTC) announced its Q2 2020 results beating street estimates. Intel reported earnings of $1.23 per share against the expected $1.11 per
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Crisis laden Argentina saw bitcoin transactions worth $1.4 million (101 million pesos) being recorded in the past week, a new high for the country.According to a report by Vorem, this figure is nearly double the previous high of $0.96 million recorded in the last week of June.Citizens who have
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XRP spent the last several years as the worst performer in the cryptocurrency market. And even though the altcoin has been beaten and battered, it has recently sunk even lower compared to Bitcoin and Ethereum.Why exactly is the altcoin commonly referred to as Ripple, so severely crippled and unable to
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After days of consolidation after rallying 100% from the March bottom, Bitcoin tanked under $7,000 just minutes ago, reaching a local low of $6,920 as of the time of this article’s writing. With this downward move, the cryptocurrency is down 6% from Thursday’s peak and down nearly 8% from the
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While the stock markets across the world are recording historic declines, the situation is not much different in the crypto world, which would explain why Bitcoin has been dropping as of late. On Thursday, the world’s biggest cryptocurrency by market cap plunged at an alarming rate. Panic Selling The coronavirus pandemic has
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Since our last market update, Bitcoin hasn’t fared any better; just minutes ago (as of the time of this article’s writing), the cryptocurrency was trading at $7,700 — the lowest the asset has traded at since mid-January, amid the breakout that brought it as high as $10,500. This means that at
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Robert Herjavec, Multi-millionaire co-host of ABC’s “Shark Tank,” said Bitcoin (BTC) is currently valued at only a fraction of its long-term potential.“I think the price of Bitcoin, on a long-term basis, will quantuple, if that’s a word,” Herjavec told Kitco News in a Feb. 25 interview.Herjavec likes digital paymentsAfter
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In yet another major sell-off Bitcoin price crashed below its crucial support of $7000 on Monday, December 16. As per blockchain researcher Chainalysis, this dumping is part of another major scam brewing in the crypto industry.In its report, Chainalysis mentions a China-based Ponzi scheme PlusToken which is dumping its crypto
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The new dynamic in the litecoin market offers a lesson in the emerging economics of the fast-growing cryptocurrency and blockchain industry, which relies on networks of computers to confirm and record transactions, using a combination of incentives. Key inputs include the speed and efficiency of the data-mining computers, local electricity
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Bitcoin price fails to hold the $8000 level support and slips below as the mounting selling pressure hint towards further downside ahead in the short term.Over the last one week, Bitcoin price has lost 20% of its valuation with its price going from above $10,000 to now below $8000 levels.
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