Cryptocurrency Analysis and News Portal
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
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Cryptocurrency markets have seen fresh gains on Wednesday after the slight pullback that started two days prior. Most of the top 10
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Bitcoin (BTC) is already processing 1% of the world’s GDP and the number is growing by “an order of magnitude” every halving cycle.According to statistician Willy Woo, who analyzed data from monitoring resource Coin Metrics, Bitcoin’s investment flow is $727 billion annually.BTC processes $727B per yearThe number is almost
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Bitcoin (BTC) can hit $26,000 in just two months thanks to a bullish event that previously triggered 170% price gains.As noted by CryptoX Markets analyst, Keith Wareing, on Feb. 18, this week saw Bitcoin’s ascending 50-day moving average cross over its 200-day moving average.Bitcoin 1-year price chart with 50
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Bitcoin (BTC) has the potential to reach and even surpass its all-time highs of $20,000 by May’s block reward halving. That was the opinion of Mike Novogratz, the serial venture capitalist who has stayed consistently bullish on BTC. Novogratz: Bitcoin “best brand of the past 11 years”Speaking to CNBC in an
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Bitcoin investors speculate the upcoming halving could send prices skyrocketing to $90,000 or higher. To the operators of high-speed computers used to mine for bitcoin, the halving looks more like a doubling — of costs.In a new report, the crypto-focused research firm TradeBlock estimates the average cost to mine a single
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The production for the Bitcoin price movements after the halving has been updated. PlanB has explained how BTC price can reach $100,000 in 2021.Bitcoin price started by gaining considerably. A few days ago, the flagship token surged past the $10,000 level before correcting to settle in the upper $9,000s levels.
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Bitcoin halving, gold and scarcity: as the milestone approaches, it will reduce Bitcoin’s block reward to 6,25 BTC per the block. Currently, the Bitcoin block reward equals 12,5 BTC.In approximately 91 days, the picture of what is happening inside mining companies will start changing. The date for changes is 7
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The total market capitalization of gold is estimated to be above $7 trillion, which is over 38 times that of bitcoin at
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American provider of investment data Weiss Ratings has ranked Bitcoin (BTC) as “excellent” by assigning it an A- grade due to strong price performance. Bitcoin upgraded thanks to improving fundamentalsIn a tweet published on Feb. 7, Weiss Ratings announced:“The Weiss Crypto Rating for #BTC is now A- (excellent), thanks to
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