Bitcoin Drops to $92,118 as Crypto Economy Shrinks by Nearly 12%
Bitcoin (BTC) plunged over 9% on Friday to a 24-hour low of $92,118 at 6:30 a.m. Eastern Time. Bitcoin’s Sharp Decline Leads $1.4 Billion in Derivatives Liquidations This crash marks…
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Bitcoin Technical Analysis: BTC Holds Above $90K Despite Consolidation
Bitcoin has been holding steady at $90,258 to $90,509 over the last hour and indicators suggest a continuation of positive momentum, though minor pullbacks across timeframes hint at chances for…
Why Socialism Fails: A Misesian Perspective
Socialism, despite its promises of equality and social welfare, inherently fails due to its inability to perform economic calculation and its reliance on coercive control over the means of production.…
Ethereum Classic Hashrate Slides 46% Since The Merge, PoW ETH Forks Gather Double-Digit Gains
The day of The Merge, Ethereum Classic’s hashrate soared to new highs tapping 306 terahash per second (TH/s) ten days ago on September 15. Since then, however, Ethereum Classic’s computational…
Bitcoin’s Bearish Prices at the End of 2021 Not Much Different Than 8 Previous Year-End Cycles
The price of bitcoin is down more than 33% from the crypto asset’s all-time high captured about a month ago on November 10. A while back, people expected the price…
Crypto Economy Loses 3% Overnight, Bitcoin Slides Below $46K, Analyst Says ‘Downward Force Still Strong’
The crypto economy has slid in value 2.9% during the last 24 hours and bitcoin slipped under the $46K price zone on Monday. Furthermore, the top ten digital currencies have…
Crypto Economy Loses Billions in Market Downturn, Bitcoin Price Slips More Than 25% in 30 Days
A great number of cryptocurrencies dropped considerably in value during the early morning hours (after 12:00 a.m. EST) on December 4. At the time of writing, the crypto economy is…