uncertainty – DIGIT INFO

Bitcoin FUD: 6 common arguments from BTC skeptics during bull markets

DIGIT — Thu, 02 Jan 2025 14:00:00 +0000

When Bitcoin soars into a bull market, skeptics cling to fear, uncertainty and doubt. Are you prepared to repel these FUD claims?

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Has Russia really ‘legalized’ cryptocurrency mining?

DIGIT — Fri, 01 Nov 2024 08:51:40 +0000

Russia’s crypto mining laws have filled the “regulatory vacuum,” but there is still a lot of legal uncertainty about many aspects of regulation.

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US Regulators Close Silicon Valley Bank in One of the Largest Bank Failures Since Washington Mutual

DIGIT — Fri, 10 Mar 2023 18:10:32 +0000

After Silicon Valley Bank (SVB) experienced financial turmoil, the U.S. Federal Deposit Insurance Corporation (FDIC) and the California Department of Financial Protection and Innovation closed the financial institution. Insured depositors can withdraw their funds on Monday after the FDIC took over the failed bank. Federally Insured Depositors to Withdraw Funds on Monday, Uncertainty Looms for […]

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Bitcoin Miners Brace for Another Projected Difficulty Increase as Hashrate Heats Up Amid Market Uncertainty

DIGIT — Sun, 05 Mar 2023 18:30:20 +0000

Despite a 9.95% increase last week and the all-time high difficulty, bitcoin’s hashrate has averaged around 305 exahash per second (EH/s) over the past 30 days. According to current data, the hashrate has been around 308 EH/s over the past 2,016 blocks. The next difficulty change, set to occur on March 10, is estimated to […]

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Digital Currency Group CEO Barry Silbert Responds to Accusations by Gemini’s Cameron Winklevoss With Shareholders Letter

DIGIT — Wed, 11 Jan 2023 15:00:51 +0000

Barry Silbert, CEO of Digital Currency Group (DCG), has released a letter to shareholders in response to a recent open letter from Gemini CEO Cameron Winklevoss. The letter, issued Tuesday by Winklevoss, calls for the DCG board to force Silbert to step down as CEO. Silbert shared his letter on Twitter and said he had […]

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Uncertainty Surrounds Federal Reserve’s Future Plans for Rate Hikes

DIGIT — Mon, 09 Jan 2023 15:00:25 +0000

The U.S. Federal Reserve has raised the benchmark bank rate seven times during the course of 2022, leading many to question when the central bank will cease or change course. The Fed has stated that it aims to bring inflation down to the 2% target, and the increases to the federal funds rate are intended […]

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IMF Partly Blames Uncertainty in Nigeria’s Forex Market for Drop in Remittances

DIGIT — Tue, 26 Oct 2021 12:00:53 +0000

The uncertainty that prevails in Nigeria’s foreign exchange market is partly to blame for the plunge in cross-border remittances into the country, an official with the International Monetary Fund (IMF) has said. Covid-19 Another Contributing Factor According to a report by local news outlet Punch, the official, Abebe Selassie, said this in response to a […]

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Home Crypto Mining Spikes in Brazil Amid Record High Unemployment

DIGIT — Mon, 31 May 2021 13:01:21 +0000

With rising unemployment rates and rampant economic uncertainty, in the wake of the Covid crisis, a growing number of Brazilians are finding an alternative income source in cryptocurrency mining. GPU rigs have been spotted even in favelas as a relatively small investment can return more than the average salary in Brazil. Pandemic and Uncertainty Turn […]

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Almost 70 Crypto Funds Close This Year, Twice as Many Launch

DIGIT — Fri, 06 Dec 2019 05:00:51 +0000

Dozens of crypto funds, almost 70, have closed this year, a mainstream media outlet reported. And while the startling number reveals the influx of institutional investors into the crypto space might not be happening at a fast pace, it’s also worth noting that crypto fund launches are projected to reach 140 by the end of […]

The post Almost 70 Crypto Funds Close This Year, Twice as Many Launch appeared first on Bitcoin News.

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Markets Update: Bear Market Adds Cryptocurrency Trading Uncertainty

DIGIT — Sat, 26 May 2018 14:55:18 +0000

Cryptocurrency markets have had a rough week over the last seven days as many digital assets lost quite a bit of value most had gained two weeks prior. Currently, markets are seemingly consolidating and have remained somewhat stable over the last 24-hours. At the moment Bitcoin Core (BTC) values have been hovering around $7,470-7,560 during […]

The post Markets Update: Bear Market Adds Cryptocurrency Trading Uncertainty appeared first on Bitcoin News.

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