Cryptocurrency Analysis and News Portal
Hut 8′s third quarter revenue was C$50.3 million ($40 million), rising about 767% from last year and beating the average analyst estimate of C$43.7 million ($34.8 million).The Canadian cryptocurrency miner also reported adjusted earnings of C$0.15 ($0.12) per share for the third quarter, beating the average analyst estimate of C$0.13
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Bitcoin and Ethereum are down from their recent 2021 highs, but compared to their traditional market counterparts, have shown more resilience during the recent “royal macro beating.” Here’s why one top economist and investor says this is incredibly bullish for the two titan cryptocurrency assets. Royal Macro Beating Can’t Take Down Bullish
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Despite the gains and the continuous surge in the price of Bitcoin, many critics anticipate a potential burst of this “bubble”.Bitcoin (BTC) has continued to delight investors as it has soared past the $41,000 price mark, a new all-time high and beating its own earlier records. According to CoinMarketCap, one
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Just weeks ago, XRP was outperforming Bitcoin, and everything Ripple related was coming up roses. However, less than
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Bitcoin (BTC) has topped $19,000 in a fresh bullish surge, but traders are all about altcoins on Nov. 24.In what many are heralding as the beginning of “altseason,” large-cap cryptocurrencies are seeing their biggest gains in three years. XRP, XLM lead new “altseason”Cryptox takes a look at five of the
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Bitcoin showed its luster during the first half of 2020 by rallying more than 27% percent amid mediocre returns from precious metals including gold, silver and platinum. Gold underperformed bitcoin by nearly 11 percentage points despite gaining 16 percent in the first half of 2020 and making eight-year highs in late
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For investors looking to bet on the coming adoption of digital assets, there might be a stock for that: Shares of the cryptocurrency retail broker Voyager Digital are outperforming this year, with triple the year-to-date returns of bitcoin. Crypto markets, just 11 years old, are evolving fast, with more than 5,500 digital-tokens now in existence, many
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A bitcoin-themed car has won an e-NASCAR race, beating professional Cup Series racers, including Dale Earnhardt Jr. and Kyle Busch. While sporting events have been postponed due to the coronavirus pandemic, many NASCAR drivers have moved to race virtually.Bitcoin Car Wins Virtual NASCAR RaceWith major sporting events postponed due to
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EOS was among the worst-hit top cryptocurrencies this Thursday as bitcoin and altcoin market fell in tandem.The eighth-largest blockchain asset fell by circa 12 percent to $3.99, according to CMC’s 24-hour adjusted timeframe. The move downhill pushed EOS’s market cap to $3.82 billion. At its 2020 top, the valuation was
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Bitcoin got a Twitter emoji but it is Ethereum that is doing better as the market enters February 2020.The second-largest blockchain asset by market valuation was up by 51.75 percent on a year-to-date basis as of 0100 UTC, Tuesday. In comparison, leading cryptocurrency bitcoin underperformed by rising a dwarfed 34.81
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