Bitcoin, Ethereum Technical Analysis: ETH Falls Below $1,900 as Markets React to Weakening Chinese Economy #nft #crypto #bitcoin

Ethereum fell below $1,900 earlier today, as crypto markets continued to react to disappointing economic data from China. Figures for July showed that both retail sales and industrial production in China had grown by less than expected, heightening concerns of an upcoming global recession. Bitcoin also declined on Tuesday. Bitcoin Bitcoin (BTC) was once again … Read moreBitcoin, Ethereum Technical Analysis: ETH Falls Below $1,900 as Markets React to Weakening Chinese Economy #nft #crypto #bitcoin

Chinese Miners Split on Alternatives as Ethereum’s PoS Merge Approaches #nft #crypto #bitcoin

With Ethereum’s Merge to Proof-of-Stake (PoS) drawing nearer – projections put it between September and November – miners are starting to look for an alternative. While some reports say there is nearly $5 billion worth of graphics card mining machines and ASIC Ethereum mining machines that would have to be repurposed once Ethereum switches to … Read moreChinese Miners Split on Alternatives as Ethereum’s PoS Merge Approaches #nft #crypto #bitcoin

Tether Again Refutes Claims It Holds 85% Chinese or Asian Commercial Papers #nft #crypto #bitcoin

For the second time in the past two months, the issuer of the world’s most used stablecoin has denied the claims that it holds Chinese commercial paper. Tether notes in a July 27 blog post that it published in its bid to tackle what it considers to be false information plaguing the cryptocurrency ecosystem that … Read moreTether Again Refutes Claims It Holds 85% Chinese or Asian Commercial Papers #nft #crypto #bitcoin