the Bitcoin network hashrate has dropped more than 49% after touching an all-time high at 218 exahash per second.
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As mainstream media pundits like the Bloomberg economics editor Peter Coy tell Americans to “tune out the hyperinflation hype,” fund managers from a recent Bank of America survey who collectively manage $630 billion, believe inflation is the biggest risk to markets right now.
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Ever since Tesla announced the company held $1.5 billion in bitcoin on its balance sheet during the first week of February, the company’s stocks have dropped over 30%.
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On Tuesday, the cannabis firm Synbiotic SE, a publicly-traded company in Germany that’s listed on the Frankfurt Stock Exchange and Xetra, has announced it is leveraging bitcoin to hedge against the euro.
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A body representing cryptocurrency and blockchain stakeholders in Nigeria has joined other crypto industry players in assailing the recent Central Bank of Nigeria (CBN) directive to banks.
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Ever since bitcoin and a number of other digital assets started seeing price gains 11 months ago, a great number of celebrities started jumping on the cryptocurrency bandwagon.
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The crypto world has a new billionaire enthusiast. After years of avoiding the topic, it seems that Elon Musk has joined the crypto world.
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As the Bitcoin market continues to mature and gain more liquidity, a few addresses are holding large amounts of the asset.
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