Litecoin’s Mining Power Tanks to Lowest in Year Following Price Plunge
Litecoin’s price plunge in recent months has whittled away the profitability of mining the cryptocurrency, leading to a shakeout among operators.
Gold is up Monday and so are most cryptocurrencies, seemingly buoyed by the U.S. Federal Reserve's drastic action to thwart the coronavirus’ effects on markets and the economy.
Bitcoin suffered its biggest drop in seven years, as fears over the spreading coronavirus triggered a new wave of selling in everything from stocks and junk bonds to cryptocurrencies.
Based on "real volume" from eight reputable exchanges, these 20 digital assets attract most of the sector's legitimate trading activity.
For the first time in three months, bitcoin’s price is being quoted in five digits to the left of the decimal.
The initial annual percentage yield will be 8.6 percent for USDC and 3.78 percent for litecoin.
Formerly a CoinDesk Contributing Editor, Daniel Cawrey is author of the upcoming “Mastering Blockchain” book to be published by O’Reilly Media. Earlier this year IBM purchased Red Hat, the oft-referred to model for how open source can thrive, for $34 billion. Long the consultant to enterprises, IBM is going through a transitional period as a […]