At the end of May last year, Tesla’s Elon Musk convinced bitcoin industry leaders to form a Bitcoin Mining Council (BMC) and in mid-July, the BMC launched its public services and website. On April 25,
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Profitability of lead cryptocurrencies Bitcoin and Ethereum remains higher than average Recent data from InTheBlock suggests that more Bitcoin and Ethereum traders are making profits despite the cryptocurrency’s recent pullback. On-chain analytics show that 58.44%
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Uptrend on Bitcoin is still possible despite questionable performance of the currency in April The upward trend that everyone has been waiting for in the cryptocurrency market may actually begin after the conditions outlined by
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South Korean investors reportedly own over $5 billion worth of Bitcoin (BTC). Ripple (XRP) is the second most popular digital asset as locals hold nearly $4.8 billion in it. BTC and XRP lead the way
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Traders are currently in extreme fear as Bitcoin fails to recover from $39,000 dip As Bitcoin fell below $39,000 for the first time since March 15, most market participants began actively selling their crypto holdings
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On the latest episode of the Bankless podcast, Vitalik Buterin expanded on his blog article, “In Defense of Bitcoin maximalism.” In fact, he also touched upon why he thinks maximalism is good, a counter-argument of
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The cryptocurrency market underperformed over the weekend and Bitcoin may soon register further losses. The broader cryptocurrency market has been in a bearish pattern over the weekend. Within the final 24 hours, the full cryptocurrency
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Bitcoin’s sustainable model no longer exists as traders lose $200 million betting on reversal Following almost two weeks of consolidation, Bitcoin has finally dropped below the ascending channel that has been forming since January 2022,
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Skybridge Capital, a $3.5 billion asset management firm, is “extremely bullish” on the crypto sector, says an executive of the firm. “For us, we think the cryptocurrency markets represent tremendous growth.” “Cryptocurrency Markets Represent Considerable
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Bitcoin’s hashrate tapped a lifetime high this weekend reaching 271.19 exahash per second (EH/s) on Saturday, April 23 at block height 733,197. Currently, the computational power is coasting along at 233.81 EH/s with a network
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