Bitcoin Hashrate Drops 35% Intraday — Mining Difficulty to Drop by 23%
Bitcoin’s hashrate experienced a large drop of almost 35% in a single day. The hashrate plummeted from 108 exahash per second (EH/s) yesterday to today’s 69 EH/s, seeing one of…
Huobi Prohibits Chinese Residents From Leveraging Cryptocurrency Derivatives
The Seychelles-based cryptocurrency exchange originally founded in China, Huobi, has officially banned Chinese residents from swapping cryptocurrency derivatives, according to the company’s revised user agreement. China is now listed as…
Bitcoin Price Prediction: BTC/USD Warms Up For $40,000
Bitcoin Price Prediction – June 28 The Bitcoin price is finally seeing a glimpse of hope today with a decent 0.64% price increase trading close to the resistance of $35,500.…
JPMorgan Says Crypto Market Is Healing, Expects More Price Decline Before Capitulation
JPMorgan Chase has released an investor note stating that the cryptocurrency market appears “to be beginning the process of healing.” In the short term, however, the JPMorgan analysts expect further…
Elon Musk Says ‘Important to Support’ Dogecoin Fee Change Proposal
A fee change proposal for Dogecoin has been submitted and Tesla CEO Elon Musk says that it is “important to support” it. “This document proposes a new fee structure and…
Mad Money’s Jim Cramer Moves From Bitcoin to Ethereum — Says ‘It’s More of a Currency’
The host of the “Mad Money” show, Jim Cramer, has bought ether after dumping almost all of his bitcoin. “I like ethereum because people actually use it much more to…
Jefferies’ Equity Strategist Expects Accommodating US Crypto Regulation Unlike China’s Authoritarian Model
The head of global equity strategy at Jefferies, an investment bank and asset management firm, says that cryptocurrency regulation in the U.S. would “ultimately be very positive” for bitcoin or…
