Bitcoin, Ethereum Dominate Wealthy Portfolios as Altcoins Flash Extreme Oversold Signals

Wealthy crypto investors are continuing to concentrate their holdings in major, highly liquid tokens, even as a pocket of the altcoin market flashes ‘extremely oversold’ technical readings that could signal capitulation-level selling pressure. Portfolio data published Saturday ET (based on figures compiled through Friday in Korea) showed Bitcoin (BTC) leading the holdings of top-tier investors, […]

Bitcoin Mining Difficulty Set for Steep Drop as Hashrate Slides After Price Crash

Bitcoin’s mining difficulty is on track for the second-largest downward adjustment this year, offering a reprieve to miners after a sharp pullback in network hashrate followed bitcoin’s early June price crash. This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) provides news, […]