Crypto Long & Short: The Battle of the Yields
What does the current crisis mean for the value of actual cash, and how does it stack up to assets like bitcoin and gold?
Bitcoin's third halving, a once-every-four-years occurrence and the most anticipated event this year in the cryptocurrency industry, has finally happened.
Bitcoin mining difficulty increased to 16.10 trillion (T) on Tuesday, close to the network’s all-time high of 16.55T recorded in March.
The Bitcoin halving was like New Year's Eve with no time differences and everyone committed to a nonviolent revolution against financial tyranny.
Bitcoin’s third halving is less than two weeks away. Some traders are less than bullish ahead of the event.
With bitcoin’s price drop and imminent halving, mining farms in China are struggling to fill slots despite the coming rainy season, when power is cheap.