Analysts: Crypto market is grasping to a straw
“After a sharp decline in bitcoin and most altcoins prices last week, many had their hopes for BTC’s current ability to go above $8,000, and it looks like it succeeded to do just that,“ reported a team of FxPro analysts to LetKnow.News.
The largest mining pools in the world
The crypto market is going through hard times, however, large mining pools continue to mine cryptocurrencies. Moreover, they are actively growing, adding new equipment. As a result, the hashrate of the Bitcoin network set new records for several times.
New Data Gives Unprecedented Insight Into How Iranians Use Bitcoin
Out of 1,650 Iranian bitcoiners surveyed in Persian Telegram groups, 25 percent earned $500 to $3,000 a month from working with cryptocurrency, according to a survey conducted by the analytics firm Gate Trade.
Binance Research: ‘Non-Crypto Public’ Is Now Getting Into Bitcoin
Institutional demand for crypto assets is decisively starting to affect the crypto space. Bitcoin remains the “bellwether” of the industry, while data showing that the crypto market has already bottomed out is becoming more explicit, according to Binance Research.
Wild Crypto Market’s Traders Get Something New: FDIC Protection
SFOX, a prime dealer and trading system in the $208 billion crypto market, is partnering with New York-based M.Y. Safra Bank to offer its traders deposit accounts backed by the Federal Deposit Insurance Corp. -- the same federal agency that protects bank customers up to $250,000 per financial institution.
Bitfinex Resumes Trading After Unexpected 2-Hour Outage as Crypto Markets Surge
Hong Kong-based cryptocurrency exchange Bitfinex notified users in a tweet Saturday, Feb. 9, that it had temporarily gone offline for all users, as crypto markets saw major gains.