In the last 24 hours, the bitcoin price has dropped by around four percent against the U.S. dollar, leading major crypto assets such as ethereum, bitcoin cash, and XRP to drop by more than seven percent. Continue reading Predictable Bitcoin Drop Snowballs to Major Cryptos Plunging 7%
Just when the cryptocurrency market recovered from its 2018 lows and reached a 2019 high [today], everything turned upside down. Everything from Bitcoin to all other cryptocurrencies crashed by a big margin in the past one hour. Continue reading Except Bitcoin other coins like Ethereum, Litecoin, EOS, Bitcoin Cash see double digit drop
In 2018, with the exception of Bitcoin and several other crypto assets, the majority of cryptocurrencies fell by more than 90 percent against the U.S. dollar. Continue reading What Are Crypto Executives Still Positive About After Massive 80% Bitcoin Drop?
Taiwan Semiconductor Manufacturing Company Limited, who provides chips to Bitcoin mining giant Bitmain, says that 2018 saw a downturn in demand for crypto mining chips. In a recent conference call with investors, TSMC CEO C. C. Wei said that cryptocurrency had previously accounted for “a lot” of the company’s orders, but that it had gone down since the boom year of 2017. Continue reading Bitmain’s Chip Supplier Saw a ‘Big Drop’ in Crypto Mining Sales Last Year