Bitcoin miners took a back seat in mining profitability during the month of April as Ethereum miners saw $224 million more revenue than Bitcoin miners. April turned out to be a tough month for Bitcoin miners. According to
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The crypto economy has dropped considerably in value during the last five weeks, slipping 23.28% from $2.19 trillion to today’s $1.68 trillion. Furthermore, both bitcoin and ethereum are awfully close to sinking 50% below the
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Just a day after crashing 7% along with other major cryptocurrencies, Ethereum is back again in the news. There is growing uncertainty over its short-term prediction with different data sets suggesting more confusion for investors.
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Bitcoin (BTC) increased by more than 5% on May 4 and broke out from a descending wedge that had been in place since April 18. Bitcoin has been gradually decreasing after being rejected at $43,000 on
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Due to its increasing monthly sales volumes in March and April, Bored Ape Yacht Club has hit a sales milestone that bodes well for the entire non-fungible token (NFT) space. Bored Ape Yacht Club is one of
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Bitcoin (BTC) is in the process of breaking out from a descending wedge pattern, which has been in place since April 18. This could be the catalyst for a significant upward movement. Bitcoin has been declining since hitting
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Bitcoin (BTC) is trading inside a short-term bullish pattern and has generated bullish divergences in multiple time frames. The weekly chart shows that BTC created a small bearish candlestick during the week of April 25th to
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Bitcoin (BTC) has reclaimed an important short-term horizontal level but is still trading in a bearish pattern. Bitcoin has been falling since hitting a local high of $42,976 on April 21. The downward move led to
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Be[in]Crypto takes a look at on-chain indicators for bitcoin (BTC), more specifically the Stablecoin Supply Ratio (SSR), and the circulating USDT supply. What is RSS? SSR is an on-chain indicator used to determine the ratio of stablecoin supply to
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Bitcoin likely to drop below $30K, analyst says According to Katie Stockton, founder and managing partner of Fairlead Strategies, Bitcoin (BTC), the largest cryptocurrency in the world, is likely to fall below $30,000. Stockton sees
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