How the great migration of cryptocurrency mining is playing a rising role in the global energy crisis

How the great migration of cryptocurrency mining is playing a rising role in the global energy crisis

As the country’s central bank and state authorities follow through on pledges to effectively crack down on cryptocurrency mining in China, the Cambridge Center for Alternative Finance (CCAF) estimated that the country’s average monthly share of Bitcoin network hash has fallen from around 70 percent in September 2020. to 0 per cent by August 2021. … Read more

Bitcoin tipped for huge crisis in 2022: ‘Was a joke from the beginning’ | City & Business | Finance

Bitcoin tipped for huge crisis in 2022: 'Was a joke from the beginning' | City & Business | Finance

Bitcoin’s volatility continued into 2022 as the value of the cryptocurrency skyrocketed. This comes just a week after it experienced its longest sustained decline since 2018 in the first week of January, with market analysts warning of the possibility of a severe sell-off if the price fell below £40,000. The increase comes as US inflation … Read more

The ‘Sunday Effect’ Sends Crypto Crashing on Weekends – Which Means It Might Never Go Mainstream

The ‘Sunday Effect’ Sends Crypto Crashing on Weekends – Which Means It Might Never Go Mainstream

© Shutterstock.com / Shutterstock.com Have you heard of the “Sunday Effect”? Lately, crypto values ​​seem to be dropping every weekend – a trend that has major implications for the future of cryptocurrencies as a serious investment competitor. See: 4 Best Places to Buy and Sell CryptocurrenciesFind out: How does cryptocurrency work – and is it … Read more

Bitcoin price crash doesn’t mean $50,000 level can’t happen this year: strategist

Bitcoin price crash doesn't mean $50,000 level can't happen this year: strategist

Bitcoin (BTC-USD) believers remain firmly anchored in their expectations for the benchmark cryptocurrency price this year despite the start of another crypto winter. Despite regulatory uncertainty in the US and elsewhere, BTIG and FinTech’s strategy [teams] Look at the long-term state of digital assets – the transformative power of blockchain, a store of value in … Read more

Goldman Sachs Reveals Surprise Coinbase Prediction After $1 Trillion Bitcoin And Crypto Price Crash

Goldman Sachs Reveals Surprise Coinbase Prediction After $1 Trillion Bitcoin And Crypto Price Crash

Bitcoin and cryptocurrency prices have been on the decline this year, collapsing again after the April peak (sign up now to Forbes CryptoAsset & Blockchain Advisor and discover eligible cryptocurrencies for 1,000% gains). The bitcoin price rally coincided with the debut of the Nasdaq on the major US crypto exchange Coinbase, which helped draw attention … Read more

[Best Of 2021] Rich Dad Poor Dad’s Author Says ‘The Biggest Crash In History Is Coming,’ Recommends Buying Bitcoin, Gold – Bitcoin – United States Dollar ($BTC)

[Best Of 2021] Rich Dad Poor Dad's Author Says 'The Biggest Crash In History Is Coming,' Recommends Buying Bitcoin, Gold

This article was originally published on June 28, 2021 2:34 pm. It was one of the most read articles on Benzinga.com this year. What Happened: Robert KiyosakiThe best-selling author of “Rich Dad Poor Dad” warned his followers to prepare for “the biggest meltdown in world history.” The best time to prepare for a meltdown is … Read more

Bitcoin Is Suddenly Braced For A $1.5 Billion July Shock After Huge Crypto Crash Tanked The Price

Bitcoin Is Suddenly Braced For A $1.5 Billion July Shock After Huge Crypto Crash Tanked The Price

Bitcoin and cryptocurrency prices struggled to find direction in June after falling sharply during April and May. Bitcoin price, which has fallen nearly 50% from its peak of around $65,000 per bitcoin set in April, has managed to stay above the closely watched level of $30,000 – but failed to make convincing gains. Now, with … Read more

Tips To Handle Cryptocurrency Crashes 

Tips To Handle Cryptocurrency Crashes 

The cryptocurrency market is very volatile due to its rally and seems to collapse almost instantly as fundamental developments and rumors are taken into account within the market. These failures can be stressful and difficult to deal with, as volatility is an inseparable aspect of investing in cryptocurrencies. Volatility attracts investors in the desire for … Read more