Bitcoin 

John McAfee To Roll Out ‘Freedom Coin’ Cryptocurrency This Fall

Crypto enthusiast, bitcoin (BTC) bull, antivirus software namesake and 2020 United States presidential campaigner John McAfee is releasing his own independent cryptocurrency, according to an official Twitter post on May 29. According to his website on the announced cryptocurrency, the “McAfee Freedom Coin” will roll out some time this fall. The McAfee Freedom Coin appears to aim for total isolation and independence from traditional currencies, assets and exchanges in an effort to reach “the Holy Grail of cryptocurrency — economic freedom.” According to McAfee, these are the desired properties of…

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Bitcoin 

Report: Bitcoin Transaction Fees Fall to 2014 Levels

Bitcoin (BTC) transaction fees are at new lows, according to a new report published by crypto and blockchain research firm Diar on Feb. 11. While BTC transactions struck a one-year high in January, almost reaching the levels registered in 2017, the median transactions value in BTC have reportedly dropped. BTC median fees have reportedly decreased to 2014 levels: “Median Fees are also at levels not seen since 2015 despite the total monthly Bitcoins moved on-chain standing at higher levels than seen throughout most of 2018.” Last month, Diar reported that…

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Ethereum 

Bitcoin Cash Tanks 13 Percent as Major Cryptocurrencies All Fall Hard

Friday, Dec. 14 — Bitcoin Cash (BCH) led fresh losses across cryptocurrency markets as investors in the top twenty assets by market cap shouldered new lows. Market visualization from Coin360 Data from Cointelegraph’s own price index, Coin360 and Coinmarketcap painted a gloomy picture at press time Friday, with Bitcoin (BTC) dropping about 3.5 percent in 24 hours. Having staved off a move below last week’s current “bottom” around $3220, BTC/USD has failed to find support much higher, now circling $3300 to cap almost 50 percent monthly losses. Bitcoin 7-day price…

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Bitcoin 

How Crypto Market Fall Influences Mining Hardware Sales and Producers’ Revenues

A year long bear crypto market appears to have had a negative impact on the profitability of cryptocurrency mining. In spite of this, Bitcoin miners still managed to generate $4.7 billion in profit in the first six months of 2018. Constantly growing competition between big mining pools and the increasing difficulty of Bitcoin’s algorithm make getting the first cryptocurrency less profitable and weight the scales against small players. Miners shut off their machines, and card manufacturers suffer losses. In particular, AMD representatives, whose last quarter fiscal report, published on Oct.…

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Ethereum 

Bitcoin Sees Volatility as Prices Hit Three-Month Lows and Altcoins Fall

Cryptocurrency markets are showing red across the board Nov. 14, as a steep drop in Bitcoin (BTC) ricocheted across major assets. Data from Cointelegraph’s price tracker, Coin360, and Bitcointicker confirms BTC/USD bouncing off support around $6,150 on exchanges, at press time hovering above $6,200 again. Market visualization. Source: Coin360 The dip to $6,150 marks a fresh test of the stability seen in Bitcoin for the past several weeks, the largest cryptocurrency not testing the barrier since mid August. No major events appeared to contribute to the latest declines, with some…

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