ViewHistorical data suggests bitcoin could put in a positive performance in the second quarter. Bitcoin is currently trapped in a pennant pattern on the daily chart. A breakout will likely yield a rally toward $8,000. A pennant breakdown would put the bears in a commanding position and open...
Osho Jha is an investor, data scientist and tech company executive who enjoys finding and analyzing unique data sets for investing in both public and private markets. Many bullish investment theses for bitcoin are grounded in expectations that the upcoming halving of block rewards will cause the BTC price...
Bitcoin and ether are trending down as traditional markets closed in the red Wednesday. On a 24-hour basis, bitcoin (BTC) was in the red 4 percent Wednesday afternoon Eastern time and ether (ETH) was down 3 percent. Most other cryptocurrencies were off as well. Notable assets down in the dumps...
Blockchain tech firm Bitfury has donated some of its GPU-based computing power towards coronavirus research.The Amsterdam-based firm said Tuesday it had dedicated its GPU computer nodes to the "Folding@home" coronavirus research project. Run by Washington University, the project has been asking for computer processing power to run simulations...
Blockchain tech firm Bitfury has donated some of its GPU-based computing power towards coronavirus research.The Amsterdam-based firm said Tuesday it had dedicated its GPU computer nodes to the "Folding@home" coronavirus research project. Run by Washington University, the project has been asking for computer processing power to run simulations...
Binance is planning to launch its own mining pool, a first for the popular crypto exchange.The news was broken Tuesday by the Russian crypto news publication Coinlife and later confirmed by three sources in the mining business. Binance CEO Changpeng Zhao tweeted about the pool on Wednesday.“The company has...
A publicly-listed bitcoin mining operator is set to double the size of its operations in a multi-million-dollar deal, largely funded through a sale of its shares.HIVE Blockchain announced via email this week that it's all set to acquire an existing 30-megawatt (MW) mining operation in Quebec from rival...
While many analysts are predicting a bitcoin (BTC) bull run, the options market sees a very low probability of the cryptocurrency hitting a new record high by December.The cryptocurrency is currently trading around $6,450 – down over 200 percent from the record high of $20,000 set in December...
As economists scramble to assess the devastating impact of the coronavirus, they’re homing in on an unexpected hero that’s mitigating the damage in the U.S.: remote working. With offices across the country closed and people stuck in their homes, many professional workers have accomplished a not-seamless but ultimately successful...
While bitcoin has climbed sharply from recent lows below $4,000, it's still on track to end March with a double-digit price loss. The top cryptocurrency by market value is currently trading near $6,440, representing nearly a 68 percent rise from the low of $3,867 registered on March 13....