Here’s why the Fed boasting about having “unlimited ammo” is an endorsement of crypto

Crypto in general has long been viewed as a sort of the antithesis of the traditional finance system, with central bank’s constant money printing and loose monetary policy running counter to the credo of scarcity that underlies Bitcoin. The recent turbulence in the global economy, and the Federal Reserve’s reaction to it, seems to have […]
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Bitcoin difficulty dropping isn’t all that positive as many claim, as seen in Dec 2018

The difficulty of mining Bitcoin has dropped by more than 10 percent for the fifth time in the asset’s history. It previously marked the bottom of BTC, but not every time. In the first week of December 2018, the difficulty of Bitcoin mining dropped by 15.13 percent. Yet, BTC did not recover until four months […]
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Bitcoin Suffers Almost 45% Drop In Hashrate Compared To 2020 Peak

The Bitcoin (BTC) network has taken a massive hit in terms of hash rate. The steep dive knocked out almost 45% from the 2020 peak […]
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Bitmain launches new Antminer S19 series, but there’s a catch 

Bitmain, the world’s largest mining hardware manufacturer, has announced the launch of a new series of ASIC miners, the Antminer S19. However, Bitmain has been heavily criticized as it set the delivery date for the sold-out series for May 11, a day after the scheduled Bitcoin halvening. Bitmain’s new miner series sells out in a […]
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Bitcoin After The Storm: An Asset For Recession Times

Bitcoin continues to shed value in tandem with equity markets. However, after dropping to sub $5,000 territory yesterday (16 March) it has attempted to consolidate […]
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Bitcoin hashrate barely dropped price crash to $3,600: here’s why it’s a positive sign

The hashrate of the Bitcoin blockchain network barely flinched as the price of BTC plummeted to $3,600, by around 50 percent within a 24-hour span. It may indicate that big mining firms have not capitulated amidst the drop, going in line with theories put out by respected industry executives. What’s the theory? and is Bitcoin […]
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