Despite the fact that the top publicly traded Bitcoin mining companies are losing money, their stock prices have outperformed BTC over the last year. Leeor Shimron, Fundstrat’s vice president of digital asset strategy, spoke on CNBC about his research into the market performance of the four largest publicly traded mining companies — Marathon Digital Holdings, […]
After the mining difficulty of the Bitcoin (BTC) has sprung sharply today, mining has become 20 percent more difficult than just before the third BTC halved in May. In the same period of time, however, the price of the most popular cryptocurrency rallied by 27 percent, saving the profit margins of miners. Mining difficulty, or […]
Retail and institutional Bitcoin investors took very different approaches as the COVID-19 pandemic began, new research from OKEx Insights and Catallact has shown. The research, which looked from January to the beginning of August 2020 at on-chain BTC transaction data, found retail investors largely pulled back and took a wait and see strategy with Bitcoin. […]
Bitcoin‘s (BTC) price fell 12% in just 5 minutes on Sunday, Aug 2. Ether (ETH) plummeted by 21% in the same span of time and similar losses were observed in many other altcoins. In retrospect, during a time of low volume and liquidity, the general consensus on the cause was an anonymous party unloading around […]
Ethereum (ETH), the 2nd largest market capitalization cryptoasset, surged in the final hours of Thursday, hitting the last point seen in August 2018 while transaction fees hit a new all-time high. ETH trades at USD 421 at pixel time (03:53 UTC) and is up 7% on a day and 6% on a week, raising its […]
Bitcoin aim $10,500 after BTC managed a solid weekly close Within the last hour, the price of Bitcoin (BTC) surged above $10,000 to reach a new monthly peak of $10,315. The move came after a very uneventful weekly closing which saw CoinMarketCap’s top-ranked digital asset close above an significant downward trend of several years. A […]
Bitcoin (BTC) might have kept just $10,000 for a matter of hours, but this moon isn’t like those in 2020, according to glassnode, an on-chain monitoring tool. On July 26 Glassnode submitted shocking data to five figures on Bitcoin’s new trip and indicated that the current journey over $10,000 would be much different from the […]
U.K. based cryptocurrency exchange, Cashaa reported hackers had taken more than 336 bitcoin. The business has stopped all transactions related to cryptocurrencies but this hack does not affect prima facia users. In a media brief, Cashaa CEO Kumar Gaurav said one of their wallets was hacked, and more than 336 Bitcoin had been sent to […]
The Cambridge University’s Centre for Alternative Finance (CCAF) has launched a Bitcoin Mining Map which provides the average monthly hash rate generated by each country worldwide. Data from the mining pools ViaBTC, Poolin, and BTC.com inform the map. Cambridge says that the network is the first to deliver a Bitcoin (BTC) hash power distribution regional […]
Bitcoin trading and volumes of transactions soared in the first quarter of 2020 at the pro-crypto bank Silvergate. According to a report that was filed with the U.S. Securities and Exchange Commission (SEC) on April 29. Bitcoin (BTC) trading volume on the Silvergate Exchange Network (SEN) grew 75 percent over the previous quarter on its […]