Cryptocurrency Analysis and News Portal
Bitcoin (BTC) miners may have started selling coins once more as data shows two mining pools release over 7,000 BTC in a single day.The figures, from on-chain monitoring resource CryptoQuant, came hours before BTC/USD abruptly fell back to $9,500 on June 24. Poolin nears outflow all-time highThe mining pools under the
Read More
Bitcoin (BTC) dropped below $9,000 on June 15 as a new week produced fresh selling pressure across macro assets.Cryptocurrency market daily overview. Source: Coin360Bitcoin price tests $9,000 resilienceData from Cryptox Markets and CoinMarketCap showed BTC/USD entering the $8,000 range in Monday trading — for the first time since May 28.The
Read More
In brief:Crypto Twitter has linked bullish tweets by the Co-Founder and Partner at Morgan Creek Digital, Anthony Pompliano, to Bitcoin experiencing periods of heavy correction. To prove this correlation, a few members of Crypto Twitter have superimposed dates of similar bullish tweets to the corresponding Bitcoin chart. One member of the crypto
Read More
[sociallocker id="55298"] London-listed Argo reported a dip in May revenue, possibly as a result of the bitcoin halving event. Per the mining firm’s monthly operational update, monthly mining margins – revenue minus operating costs – was roughly 34% in May, down from 39% in April. Overall, the company mined 252
Read More
Bitcoin’s steady price gains over the past few days ended Friday. With the halving in the rearview mirror, cryptocurrency traders could consider the impact of a continued global economic slowdown after new data showed retail sales dropped to record lows and unemployment numbers continue to worsen.The world’s first cryptocurrency is
Read More
Bitcoin’s trading volume was lower on Monday compared to the latter part of last week but traders appear to be staying optimistic ahead of the expected bitcoin halving next week. Bitcoin (BTC) was trading down less than 1 percent over 24 hours , with 10-day and 50-day technical indicator moving averages
Read More
Riot Blockchain, a Nasdaq-listed crypto firm in the United States, plans to sell its exchange to focus on Bitcoin (BTC) mining ahead of the halving.According to an official announcement on Feb. 20, Riot has “opted to sunset further development of Riot's U.S.-based digital currency exchange” in order to focus
Read More
The altcoin market is bleeding red and Bitcoin SV (BSV) is its most injured pawn.The fifth-largest cryptocurrency on Monday slipped by circa 10 percent to establish a new intraday low at $256.66. The move downhill came as a part of a larger bearish correction that started last week when BSV
Read More
Bitcoin (BTC) price reached a new 2020 high on Feb. 13, 2020, crossing $10,497 following a 42% gain since the start of the year. This appreciation in price has led crypto analysts to suggest that a new bull run is in its early stages and some estimate that the
Read More
Bitcoin slipped huge a day after enjoying a strong price rally above its key resistance level of $10,000.The benchmark cryptocurrency was trading at $9,736 early Monday, down 4.35 percent from its Sunday top, according to US exchange Coinbase. Nevertheless, it was still up by more than 36 percent at its
Read More