After the devastating Q2 in which bitcoin registered three consecutive months with massive declines, the asset finally saw some increases in July, becoming its best month in 2022 to date. This happened when BTC crossed
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Though June was not in favor of the crypto market, the month of July has pushed the market into a recovery phase. The world’s first cryptocurrency, Bitcoin price which is selling at $23,362 has seen
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Bitcoin price throughout the weekend remained pretty much consolidated with reduced volatility while the bears maintained their dominance. While the short-term charts appear to be pretty shaky, analysts see a strong bull run imminent in
Read More![Bitcoin [BTC]: These factors might initiate a reverse exodus for struggling miners](https://www.coindailynews.io/wp-content/uploads/2022/08/bruno-hervas-uk7S1Cjn5ds-unsplash-455x300.jpg)
The mining industry of bitcoin has suffered a serious setback in 2022. Considering factors such as massive price correction, inflation, etc., many miners have also exited the bitcoin network. Why? Well, mainly to make ends
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In 2013, James Howells – a citizen of Newport, Wales – mistakenly threw away his iPhone-sized hard drive containing 8,000 BTC. To find his lost possessions (worth around $169 million as of now), the 36-year-old
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Bitcoin touched a high of $24,666 on Coinbase to leave the benchmark cryptocurrency on the cusp of its best monthly performance since October 2021. Bitcoin (BTC) hit highs of $24,666 on US crypto exchange Coinbase
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BTC and ETH set to mark best monthly performance since 2021 Major cryptocurrencies Bitcoin and Ethereum are heading for their best month since 2021 amid renewed risk appetite in global markets and expectations surrounding Ethereum’s
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On July 28, the bitcoin mining company Bitfarms announced the completion of the second phase of its facility expansion, by adding roughly 18 megawatts (MW) of capacity to the operation. The mining facility dubbed “The
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Bitcoin miners’ balance has reached a four-year high. According to Glassnode’s latest data, the figures have surpassed 1,845,303 BTC. Bitcoin Miners Hodling Again From the Great Chinese Migration in 2021 to the ongoing bear market,
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One of oldest indicators in industry shows that bounce is coming One of the most popular and time-tested indicators in technical analysis, the Relative Strength Index, is showing many signs of an upcoming rebound for
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