Auto Added by WPeMatico
The cryptocurrency meta-trend has seen most leading markets continue to grind sideways at key support zones, though there has been a slight bounce in the last few hours. Among the weakest performing major markets in recent days are tron (TRX), which has broken a critical ascending trendline following the bittorrent token (BTT) airdrop, and nem […]
The post Markets Update: TRX and NEM Post Significant Losses While Most Cryptos Consolidate appeared first on Bitcoin News.
Powered by WPeMatico
When looking at monthly market performance, 2018 was the bloodiest year in the history of the cryptocurrency markets. Of the seven largest cryptocurrencies by market cap, only three were able to produce more than two green monthly candles during 2018. Also Read: Bitblock Publishes Alternative Valuation Model That Suggests BTC Is Underpriced BTC and ETH Produce […]
The post Leading Crypto Markets Post Worst Year of Monthly Price Action on Record appeared first on Bitcoin News.
Powered by WPeMatico
Despite the short-lived rally leading up to Christmas, BTC appears poised to post a fifth consecutive red candle on the monthly chart for the second time ever. BCH also looks ready to extend its record bear streak to five months of red, while ETH appears poised to post a monthly gain for the first time […]
The post Markets Update: BCH and BTC Set to Post Record 5 Months of Consecutive Red Candles appeared first on Bitcoin News.
Powered by WPeMatico
With Chinese media estimating that Sichuan’s mining sector comprises 70% of the computing power of both the bitcoin network and the total processing power situated within China’s borders, reflections following the devastating Sichuan floods’ have many insights into the realities of life of a crypto miner in Sichuan. Also Read: Change.org Petition Attempts to Fight for […]
The post Post-Flood Reflections Reveal Insights Into Lives of Sichuan Miners appeared first on Bitcoin News.
Powered by WPeMatico
The bitcoin markets have rallied after having produced 48 hours of steady consolidation following the recent bounce off support at approximately $5,800. Looking at the 24-hour volume rankings, Coinex has suddenly emerged as a strong market leader, claiming to have hosted $1.5 billion in trade in single day – over $1 billion of which purportedly […]
The post Markets Update: Coinex Dominates Volume Rankings As Markets Rally to $6,600 appeared first on Bitcoin News.
Powered by WPeMatico
The Localbitcoins markets of several nations have produced significant spikes in recent weeks, with the peer-to-peer (P2P) markets of Hungary, Peru, and Venezuela establishing new all-time highs for volume when measuring in trade in fiat currency. Also Read: Bitcoin in Brief Monday: Outage Downs Telegram, Bitcoin Shines on a Bank P2P Markets of Latin America Surge […]
The post Hungarian and Peruvian Localbitcoins Markets Post Record Volume appeared first on Bitcoin News.
Powered by WPeMatico