Block Network

June 1, 2020

Antonopoulos: Drop in Oil Prices Give US Miners a Competitive Edge

Crypto miners based in the United States will greatly benefit from the falling electricity prices worldwide, says Andreas Antonopoulos. Bitcoin educator Andreas Antonopoulos sees the recent downturn in oil prices as a net positive for crypto miners worldwide, particularly those at the Bitmain mining facility in Texas.In a video he posted to his YouTube channel […]

FXCoin Strategist: Weaker Yuan Could Lead to a Stronger Bitcoin

Yasuo Matsuda of FXCoin sees the economic sanctions on Chinese traders in the midst of the pandemic as more likely to drive them to Bitcoin. Japanese crypto firm FXCoin’s senior strategist thinks a depreciation of the Chinese yuan may lead more traders to Bitcoin in 2020. FXCoin’s Yasuo Matsuda spoke to Cointelegraph Japan, saying Bitcoin (BTC) […]

Crypto Analyst Releases Stock-to-Flow Model Indicator for BTC Bull Run

Updating its popular BTC price model, crypto analyst PlanB predicts the cryptocurrency could see a rally to $100K by 2021. Crypto analyst PlanB released a key indicator for its stock-to-flow price prediction model which could signal a Bitcoin bull run to $100,000 by 2021 has just begun.PlanB confirmed on Twitter on May 31 that the […]