Hash Rate and Bitcoin Price During Mining Events: Are They Related?

Data shows Bitcoin mining-related events produce conflicting short-term price action but long-term gains. On Saturday Bitcoin (BTC) price dropped below $9,000 again, increasing the uncertainty surrounding future price estimates and reminding investors that the Coronavirus continues to impact markets across the world. Cryptocurrency market daily performance. Source: Coin360 Interestingly, Bitcoin’s hash rate reached an all-time […]

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13,000 ATMs in South Korea to Support Litecoin Withdrawal and Remittances

13,000 South Korean ATMs will soon facilitate fiat withdrawal and international remittance services using Litecoin. On Feb. 28, the Litecoin Foundation announced a partnership with MeconCash to roll-out Litecoin (LTC) to Korean won withdrawals and remittances from 13,000 ATMs in South Korea. The partnership will see LTC integrated onto MeconCash’s M.Pay payments platform. Litecoin will […]

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