June 4, 2020

Bitcoin Mining Difficulty Drops 9% to January Levels

June 4, 2020 boss

Bitcoin has just got easier to mine. At block height 633,024, reached on 12:30 UTC Thursday, the Bitcoin blockchain adjusted its mining difficulty to 13.7 Trillion with a 9.29% drop and reached the lowest level since January this year. According to data compiled by CoinDesk Research, today saw the eighth largest negative difficulty adjustment in Bitcoin’s history and the eighth instance of two or more consecutive negative adjustments. The Thursday adjustment also follows a 6% drop recorded on May 20, which was the network’s first difficulty change after Bitcoin’s quadrennial…

Bitcoin Price Is Around $9,500 Now, BTC Keeps Correcting

June 4, 2020 boss

On Thursday, the leading cryptocurrency keeps correcting, which is absolutely logical after the latest movements. Today Bitcoin is generally trading at around $9,500. By Dmitriy Gurkovskiy, Chief Analyst at RoboForex. Tech analysis of Bitcoin price now. Miners brought down the sales volume of the BTC. The BTC is gaining speed – Novogratz. On W1, the quotations are trading in a small range. The pair keeps restoring its positions. Technically speaking, now Bitcoin is still trading above 61.8% Fibo. This might precede another bounce off this level. The MACD remains below…

Bitcoin Core’s New 0.20.0 Update Promises Protection Against Large Nations and Corporates

June 4, 2020 boss

Bitcoin Core, the software governing the earliest protocol of Bitcoin, received a facelift on June 3 after a 0.20.0 update was implemented. Among other features is the network’s ability to protect against attacks from large players, such as nations or big computing corporations. Bitcoin now More Protected Termed “Asmap,” the implementation safeguards the basic peer-to-peer capabilities of the Bitcoin network. Nodes, which form the most significant architecture, are now mapped to tier-1 or tier-2 Autonomous Systems (AS). The latter is defined in the update as large internet players such as…

Kate Middleton’s Tatler Scandal Has a Jealous Meghan Markle Connection

June 4, 2020 boss

Rumors have emerged linking Meghan Markle to the Tatler article that caused Kate Middleton so much anguish. Meghan’s deluded fans, who are the very epitome of conspiracy theorists, claim this is nonsense. What do the facts say? Is Meghan capable of such antics? So Meghan Markle has been linked to the Tatler article that upset Duchess Kate Middleton to such an extent that Kensington Palace has taken steps to remove the piece. Color me surprised! I’ve seen people say that Meghan’s involvement is nothing more than a wild conspiracy theory…

As Protests Rage, Someone in Crypto Wants to Make Money on George Floyd

June 4, 2020 boss

A new project has sprung up to take advantage of the tense situation in the United States and promote a new token. A massive wave of protests and riots continues to engulf the U.S. following George Floyd’s death at the hands of the Minneapolis Police Department. While an outpouring of support came from the crypto community as a whole, with many prominent members donating to support black rights activism, some saw this as an opportunity to make a quick buck. The result is the launch of a “George Floyd Token,”…

Bitcoin and Ether Market Update: June 4, 2020

June 4, 2020 boss

Total crypto market cap added $4 billion to its value since Monday morning and now stands at $274 billion. Top ten coins are all in green for the last 24 hours with Cardano (ADA) and Litecoin (LTC) being the best performers with 10.3 and 3.6 percent of gains respectively. At the time of writing Bitcoin (BTC) is trading at $9,634 on the Bitstamp daily chart, while Ether (ETH) is hovering around $243 and Ripple’s XRP nears $0.204. BTC/USD Bitcoin fell below the horizontal support area around $9,500-$9,600 on Sunday, May…

Bitcoin, Stocks Fall as Dollar Rebounds ahead of U.S. Trade Data

June 4, 2020 boss

Spot bitcoin fell 1.45 percent to $9,501 as of 0900 UTC as the U.S. dollar rebounded from its seven-day plunge. The cryptocurrency’s downside move surfaced ahead of a fresh U.S. trade and unemployment data release at 0830 ET on Thursday. The U.S. stock market, which remains positively correlated to bitcoin, also dived as investors booked short-term profits. Bitcoin continued to tail the moves in the global stock market this Thursday. The benchmark cryptocurrency fell by 1.45 percent to $9,501 minutes after 0900 UTC. The downside swing mainly came as a…