On Monday, March 2, miners processing blocks on the BTC network surpassed the network’s all-time high as the overall hashrate touched 136 exahash (EH/s). The record-breaking achievement happened despite the price of BTC dropping below the $9K region throughout the course of the last week. In four years’ time, BTC’s hashrate has risen over 13,500% and it doesn’t look like slowing up anytime soon. Also read: 13 Crypto Debit Cards You Can Use Right Now BTC’s Hashrate Between 136-145EH/s on Monday Since the innovative payment network Bitcoin was invented, the…
Day: March 2, 2020
Bitcoin Mining Investment Strong – BTC Hashrate Surpasses All-Time High
On Monday, March 2, miners processing blocks on the BTC network surpassed the network’s all-time high as the overall hashrate touched 136 exahash (EH/s). The record-breaking achievement happened despite the price of BTC dropping below the $9K region throughout the course of the last week. In four years’ time, BTC’s hashrate has risen over 13,500% and it doesn’t look like slowing up anytime soon. Also read: 13 Crypto Debit Cards You Can Use Right Now BTC’s Hashrate Between 136-145EH/s on Monday Since the innovative payment network Bitcoin was invented, the…
The Dow Is Surging – But Analysts Warn It’s Just a ‘Dead Cat Bounce’
The Dow Jones surged nearly 700 points on Monday on hopes of emergency stimulus from G7 central banks to combat the “coronavirus crash.” Despite Wall Street optimism, analysts are concerned about whether a rate cut from the Fed can truly help the economy. ISM manufacturing came in weak, and economists expect it to get even worse. The Dow Jones rallied aggressively on Monday, as a deeply oversold stock market rebounded on burgeoning hopes of coordinated central bank easing. Dow bulls are rabidly pricing in a sizable cut from the Federal…
The Dow Is Surging – But Analysts Warn It’s Just a ‘Dead Cat Bounce’
The Dow Jones surged nearly 700 points on Monday on hopes of emergency stimulus from G7 central banks to combat the “coronavirus crash.” Despite Wall Street optimism, analysts are concerned about whether a rate cut from the Fed can truly help the economy. ISM manufacturing came in weak, and economists expect it to get even worse. The Dow Jones rallied aggressively on Monday, as a deeply oversold stock market rebounded on burgeoning hopes of coordinated central bank easing. Dow bulls are rabidly pricing in a sizable cut from the Federal…
Argentina Suspends Blockchain System to Register Companies Online
The government of Argentina has announced that it is suspending the national blockchain-based mechanism to register new companies for a period of 180 days. The measure, according to statements made by Ricardo Nissen to La Nación, who is the head of the General Inspectorate of Justice (IGJ), seeks to reorder the registration of new companies so that the IGJ can participate in the entire process. Back to the traditional way During the suspension period, which will begin as of the second week of March, registrations of the Companies for Simplified…
3 Silver Linings in the Terrifying Coronavirus Crisis 3 Silver Linings in the Terrifying Coronavirus Crisis
Coronavirus is creating an untenable situation for scores of people but there are some silver linings. Pollution in China is on the decline with coronavirus causing business disruptions. Millions of people are also being quarantined. Stocks may be recovering today, but bargains still abound. The coronavirus outbreak is causing panic worldwide, sending stocks plummeting and scores of consumers stockpiling everything from hand sanitizer to water. At last count, the virus has killed more than 3,000 people and has infected 88,000 across the globe. Millions are living under quarantine. There’s not…
Google Play Store Takes Down Crypto News Apps, Including Cointelegraph’s
Google’s Play Store for Android smartphone apps seems to have taken an issue with reporting on cryptocurrencies and blockchain news, taking down several notable apps, including ours. The newest block? As of 2:00 PM EST, apps of crypto news sites including Cointelegraph and CoinDesk were unavailable on the Play Store. Screenshots of results returned for Cointelegraph and CoinDesk Google did not contact Cointelegraph regarding the planned removal. We have reached out to the company but received no response as of press time. This article will be updated with new information…
The Fed Can’t Stop the Coronavirus-Fueled U.S. Housing Market Crash
Coronavirus is leaving a dent in the Chinese economy, as evidenced by the latest indicators on home sales, inflation and manufacturing productivity. The rapidly spreading virus threatens to disrupt trade and economic growth in key regions, leaving markets exposed to devastating pullbacks like we saw last week. The economic disruption caused by coronavirus is already impacting real estate in key Asian locals. America’s housing market could be the next domino to fall. The Wuhan coronavirus is wreaking havoc on China’s economy. Surging inflation, declining productivity and plunging home sales are…
The Fed Can’t Stop the Coronavirus-Fueled U.S. Housing Market Crash
Coronavirus is leaving a dent in the Chinese economy, as evidenced by the latest indicators on home sales, inflation and manufacturing productivity. The rapidly spreading virus threatens to disrupt trade and economic growth in key regions, leaving markets exposed to devastating pullbacks like we saw last week. The economic disruption caused by coronavirus is already impacting real estate in key Asian locals. America’s housing market could be the next domino to fall. The Wuhan coronavirus is wreaking havoc on China’s economy. Surging inflation, declining productivity and plunging home sales are…
Nintendo Can Actually Fight the Series X and PS5, Here’s How
Three years in, there’s no sign of how Nintendo will compete with the Series X and PS5. The Switch’s 2020 release schedule is barren at best. Nintendo needs to find a way to hang with these next-gen consoles. The Nintendo Switch turns three this month. So far, the console has had fantastic titles like Breath of the Wild, Fire Emblem: Three Houses, and Super Smash Bros. Ultimate. Nintendo has also experimented with Labo and Wii Fit Adventure, so the Switch has had its time to shine. Happy birthday Nintendo Switch!…