Current security breaches in many Chinese coal mines seem to have had an adverse effect on Bitcoin’s recent mining hash rate. These mining accidents may, in fact, be one of the key reasons why the hash rate has experienced a drop lately. In the last 14 days alone, there have been a total of 3…
Craig Wright is one person alone in the crypto industry who is capable of disrupting the entire crypto foundation. For several years he has been claiming himself to be recognized as the real innovator of Bitcoin. Contrary to his claims, neither his name is recognized as “Satoshi Nakamoto” nor has he been able to bring…
Cryptocurrency analysts and traders have stuck to the notion that Bitcoin’s price will reach at least $70,000 within the upcoming sessions. Many other investors, experts, and analysts alike may fail to see the logic here, as Bitcoin had very recently reached the all-time high mark of $60,000 and has since fallen. Its current price is…
In recent news, David Soloman, the CEO of Goldman Sachs, has made quite the bold prediction regarding the United States government’s regulations on cryptocurrency. He believes that a ‘big evolution’ is in store, which will change how the government regulates cryptocurrencies (including Bitcoin) in relation to respective financial institutions. Banks keeping a close eye on…