Ethereum acts as a ‘hedge’ in Bitcoin price crash as ETH/BTC hits 3-year high
The second-largest cryptocurrency posts dwarfed losses compared to Bitcoin’s 21% price decline Saturday. Go to Source Powered by WPeMatico
Bookmarking Crypto Insights
Auto Added by WPeMatico
The second-largest cryptocurrency posts dwarfed losses compared to Bitcoin’s 21% price decline Saturday. Go to Source Powered by WPeMatico
The price of Bitcoin has fallen to two-month lows as volatility bites. Go to Source Powered by WPeMatico
Senator Elizabeth Warren has written a letter to the CEO of the New York bitcoin mining firm Greenidge Generation, Jeff Kirt, asking for details on the company’s emissions. Warren’s letter insists “Greenidge and other [bitcoin mining] plants raise concerns about their impacts on the global environment.” Elizabeth Warren Takes Aim at Bitcoin Mining Operations The … Read more
Ethereum price hit a new all-time high in its ETH/BTC pair and a classic technical analysis pattern suggests the altcoin has a lot more upside. Go to Source Powered by WPeMatico
Jurors in the Kleiman v. Wright trial are currently unable to come to a decision on the high-profile billion-dollar bitcoin lawsuit in Florida. While the judge has told the jury to take time deliberating the case, on Wednesday, the jurors issued a statement that explained they could not “come to a conclusion.” Kleiman v. Wright … Read more
Customers of the largest supermarket chain in Croatia will be able to pay with cryptocurrency for their orders in the retailer’s online shop. The company plans to soon offer the crypto payment option also at its physical stores throughout the country. Konzum Allows Shoppers in Croatia to Pay With 9 Cryptocurrencies Croatia’s supermarket chain with … Read more
Investments in alternative assets such as cryptocurrencies account for over half of the portfolio of non-qualified Russian investors, a recently held survey has indicated. Almost half of them consider digital currencies like bitcoin as a potential hedge. Cryptocurrencies Outperform Traditional Currencies and Stocks in Russia Alternative investments like crypto, real estate, and antiques constitute more … Read more
The second-largest cryptocurrency in terms of market capitalization, ethereum, has come awfully close to reaching the digital asset’s all-time high ($4,878) it reached 21 days ago on November 10. While bitcoin dominance has slid below the 40% zone, ethereum’s market dominance, or $557 billion market valuation, represents close to 20% of the crypto economy. Ethereum’s … Read more
Bitcoin has fallen just 17% from ATH which makes this correction the shallowest of the year so far. Go to Source Powered by WPeMatico
The company projects it can mine up to 25,000 BTC per year by 2024. Go to Source Powered by WPeMatico