Tag: Drop

Plustoken Cash-Outs Could Be Behind BTC Price Drop, Says Report

Plustoken Cash-Outs Could Be Behind BTC Price Drop, Says Report On Monday, the blockchain surveillance company Chainalysis published an excerpt from the firm’s upcoming crime report that will publish in January. According to the Chainalysis research, the Ponzi scheme called Plustoken not only defrauded investors out of $ 3 billion […]

Despite Bitcoin’s Price Drop, High-Powered Mining Rigs Still Profit

Despite Bitcoin’s Price Drop, High-Powered Mining Rigs Still Profit Since BTC prices slid below the $ 8K price range, mining operations have been making less revenue. On Sunday, December 1, only 13 mining rigs with an average electricity cost of $ 0.12 per kWh are profiting at current prices. Of […]

Bakkt Launch Could be Force Behind Recent Bitcoin Drop, Claims Research Group

Bakkt Launch Could be Force Behind Recent Bitcoin Drop, Claims Research Group Prior to its launch, Bakkt’s physically settled Bitcoin futures product was seen by many cryptocurrency investors as a potential major catalyst for next major BTC bull run, but its lackluster launch has come about concurrently with a bout […]

Market Outlook: Traders Play New Positions After Massive Drop in Crypto Prices

Market Outlook: Traders Play New Positions After Massive Drop in Crypto Prices On September 24, digital currency markets saw significant losses as the entire cryptoconomy lost $ 35 billion in a short period of time. Cryptocurrency enthusiasts and traders are now even more uncertain to where markets are headed in […]

Market Update: Prices Drop as Crypto Sentiment Enters the Fear Zone

Market Update: Prices Drop as Crypto Sentiment Enters the Fear Zone Cryptocurrency markets fell hard on August 21 following the $ 700 price drop bitcoin core (BTC) saw during the early morning trading sessions. Most digital assets have lost 2-8% in value as the overall market valuation of all 2,000+ […]