Cryptocurrency Analysis and News Portal
Bitcoin is at a critical junction. A breakout into a new bull market here backs up the stock-to-flow theory and other halving and supply-driven expectations. Others believe in lengthening cycles between each major peak as adoption takes place and volatility decreases. However, the lengthening cycle theory coming true would essentially put
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Two months after the network’s halving event, it’s harder than ever to mine bitcoin. Bitcoin mining difficulty, a measure of how hard it is to compete for block rewards on the network, just set a new record high of 17.35 trillion around 12:00 UTC on Monday. This marks a 9.89% jump
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BlockFi said it's seen a surge in revenue since the bitcoin halving and the launch of its mobile app. Source
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The volume of Bitcoin positive sentiments on the popular microblogging platform Twitter has faced a decline since the BTC’s third halving event in May 2020. This could be as a result of the price of Bitcoin not reaching the expected surge following the halving. Bitcoin Sentiment Experiences Significant Dip Post-2020 Halving According
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Bitcoin is far from a full-blown bull market.Every attempt at rally upward has been smacked down by bears. The latest of which was the rally to $9,800 on Monday, which was followed by an $800 rejection and millions in liquidations.Yet a top cryptocurrency fund is still holding a bull bias.
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Bitcoin’s price rally has stalled since the cryptocurrency underwent its third halving on May 11, but investor confidence in the cryptocurrency’s long-term prospects remains strong, data shows. The halving event on May 11 saw the mining reward per block on bitcoin’s blockchain cut from 12.5 bitcoin to 6.25 BTC. The
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Shares of Canaan Creative, one of the few publicly traded crypto miner manufacturers, plummeted below $2, their lowest after going public in November. The Nasdaq-listed stock has been steadily falling since the bitcoin halving on May 11, according to data from Yahoo Finance. It closed at $1.98 at the end of
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One month has passed since the 2020 Bitcoin (BTC) miner reward halving, and a lot has happened for the predominant cryptocurrency since then. From changes in investor and trader behavior to an exponential growth in institutional interest, the halving seems to have marked the start of a new reality for
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[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
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Bitcoin (BTC) interest is hitting levels that last appeared during its March crash recovery as hype over the halving finally fades.According to the latest data from Google Trends, as of May 30, search interest was back to the same position as in mid-April. At the time, BTC/USD jumped from $6,800
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