1. Home
  2. Bitcoin

Category: Bitcoin

Bitcoin mining will continue to flourish in the US

Bitcoin mining will continue to flourish in the US

The United States has become one of the largest cryptocurrency mining countries in the world. The United States is home to some of the world’s leading cryptocurrency mining companies. Since China’s crackdown on cryptocurrency mining

Read More
Bitcoin Might Reach Price Bottom Once These Three Factors Align: Details

Bitcoin Might Reach Price Bottom Once These Three Factors Align: Details

Bitcoin has increased in value by 5.15% during past 24 hours According to data from CoinMarketCap, the value of Bitcoin has increased by 5.15% in the past 24 hours to trade at $20,776. Industry players

Read More
Bitcoin Could Become Worthless, But Billionaire Thomas Peterffy Will Buy More on its Way Down

Bitcoin Could Become Worthless, But Billionaire Thomas Peterffy Will Buy More on its Way Down

Thomas Peterffy – Founder and Chairman of Interactive Brokers – believes the American authorities might ban cryptocurrencies amid concerns that they facilitate illegal activities. Nonetheless, the billionaire remains a HODLer, vowing to purchase more bitcoin

Read More
‘Unprecedented Opportunities’ — Cleanspark Acquires 1,061 Bitcoin Miners at a ‘Discounted Price’

‘Unprecedented Opportunities’ — Cleanspark Acquires 1,061 Bitcoin Miners at a ‘Discounted Price’

On Thursday, the publicly-listed bitcoin mining firm Cleanspark announced that it added 93 petahash per second (PH/s) of hashpower to the company’s existing operations by acquiring 1,061 Whatsminer M30S bitcoin mining rigs. The latest ASIC

Read More
Here’s Who Controls Most of Bitcoin’s Circulating Supply: Details

Here’s Who Controls Most of Bitcoin’s Circulating Supply: Details

Bitcoin was worth $20,032, up 2.40% in previous 24 hours According to Bloomberg research, the early adopters of Bitcoin still control most of it. The report states that “early entrants in digital assets have taken

Read More
Here’s How Profitable On-Chain Bitcoin Trading Really Is: Strategy Backtesting

Here’s How Profitable On-Chain Bitcoin Trading Really Is: Strategy Backtesting

On-chain trading strategies are real despite their low popularity and questionable usefulness On-chain analysis is a relatively new way to predict movements and trends in cryptocurrency market this is why its tools have not been

Read More
Bitcoin Reclaims $20,000 Despite High Inflation Numbers, Here’s Why

Bitcoin Reclaims $20,000 Despite High Inflation Numbers, Here’s Why

Bitcoin did not crash after inflation data release but bounced instead Following the expectation of the release of inflation data, the markets have once again received the signal of the upcoming tightening of monetary policy,

Read More
JP Morgan: Bitcoin’s 50% Decline in Production Cost Could Further Harm its Price

JP Morgan: Bitcoin’s 50% Decline in Production Cost Could Further Harm its Price

Strategists at the American multinational investment bank JP Morgan Chase & Co recently revealed that bitcoin’s cost of production has dropped by nearly 50% over the last month. BTC Production Cost Plunges to $13,000 According

Read More
Bitcoin Is Yet to Form a Resilient Bottom: Glassnode

Bitcoin Is Yet to Form a Resilient Bottom: Glassnode

The world’s largest cryptocurrency recorded one of the worst monthly price performances in history in June. This month, too, has been kind to it. The current market structure has many hallmarks of the later stage

Read More
If Bitcoin Reaches This Price, We Will Have Some Serious Problems: Details

If Bitcoin Reaches This Price, We Will Have Some Serious Problems: Details

Bitcoin's drop to $10,000 will make almost any mining operations unprofitable, creating some real dangers Despite reports that Bitcoin mining has become unprofitable after the first cryptocurrency fell below $24,000, the all-time low for Bitcoin

Read More
Right Menu Icon