Currency News

Bitcoin Price Drop Causes HUGE Loss for Bitcoin Mining Revenue

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15,562 Total views After the halving, crypto exchanges selling Bitcoin, which they collected in trading fees, may pose the biggest threat to the ongoing Bitcoin rally as miners earn less BTC. Following the Bitcoin (BTC) halving on May 12, traders generally expect the price of the top-ranking cryptocurrency by market capitalization to drop. According to a prominent on-chain analyst, …

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Warren Buffett Expects Market Doom

warren buffett net worth predicts crash in stock market coronavirus 2020 varietyerrors

Warren Buffett has no intention of spending Berkshire’s $137 billion cash pile and, if stocks plummet, Bitcoin may see another significant correction. Warren Buffett and Berkshire Hathaway remain reluctant in spending its $137 billion cash pile. Their cautious stance towards the abrupt recovery of the U.S. stock market may spoil the recent Bitcoin (BTC) rally. …

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Act Seeks 1c Coin and $1 Note Elimination; 5c Composition Change

Legislation reintroduced in the U.S. Senate seeks to save taxpayers money by suspending production of the 1-cent coin, changing the 5-cent coin’s composition, and replacing $1 notes with $1 coins. Numbered S.759, the Currency Optimization, Innovation and National Savings (COINS) Act of 2017 was introduced by Sen. John McCain and Sen. Enzi on March 29, …

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