Bitcoin’s Sinking Price Pushes Hashrate Below 200 Exahash, Mining Difficulty Expected to Slide 2.8% Lower

While bitcoin’s price dropped below the $20K region, the network’s hashrate slipped under the 200 exahash per second (EH/s) region to 167 EH/s on June 18. At the time of writing, the... Read more »

Bitcoin heads for dismal weekly close as BTC price rejects at $20K

Bitcoin (BTC) attempted to reclaim $20,000 as support on June 19 as bulls faced a $7,000 weekly red candle. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $16,000 eyed for possible next move... Read more »

Tether confirms DDOS attack on tether.io

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Tether CTO, Paolo Ardoino, has confirmed that the Tether website, tether.io, is currently suffering a DDOS attack. The... Read more »

What is a bear trap in trading and how to avoid it?

As a difficult proposition for novice traders, a bear trap can be recognized by using charting tools available on most trading platforms and demands caution to be exercised. In most cases, identifying... Read more »

SEC, State Regulators Probe Crypto Lender Celsius Over Accounts Freeze

The U.S. Securities and Exchange Commission (SEC) and several state regulators are reportedly investigating the decision by crypto lender Celsius Network to freeze withdrawals. U.S. Securities Regulators Investigate Celsius’ Withdrawal Freeze The... Read more »

Cardano, Solana Attempt to Rebound

Key Takeaways Cardano and Solana have both dropped by more than 28% over the past week.  Both Layer 1 tokens show buy signals on their 12-hour charts.  If validated, ADA could rebound... Read more »

Babel Finance suspends withdrawals due to “unusual liquidity pressures”

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! As the crypto winter prolongs, its effects are rippling into different areas of the crypto ecosystem and forcing... Read more »

Crypto prices continue to tank, lawsuit takes aim at Binance.US, and Celsius moves $320M worth of digital assets: Hodler’s Digest, June 12-18

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much... Read more »

Bitriver to Mine Crypto Using Excess Gas From Gazprom Neft’s Oil Extraction

Russian crypto mining operator Bitriver will use electricity generated from associated gas provided by Gazprom Neft to mint digital coins. As part of a new agreement, the mining company will in return... Read more »

Bitcoin Breaks Below Crucial $20,000 Level as Market Bleed Continues

Key Takeaways Bitcoin has broken below $20,000 for the first time since December 2020, while Ethereum has dipped below $1,000. It’s the first time Bitcoin has fallen below its previous cycle’s high.... Read more »