Cryptocurrency Analysis and News Portal
Major publicly-listed Bitcoin mining firm, Riot Blockchain, has reported record revenues for Q2 2021.In its Aug. 23 quarterly financial report, the U.S.-based firm reported $31.5 million in mining-related revenues for the three-month period — up roughly 1,540% from its Q2 2020 revenue of $1.9 million.The surging mining revenues drove a
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Bitcoin signals are usually a good way for traders to know what is coming into the market. They might not always be accurate, but they help to provide information on possible movement patterns in the market. Things like bitcoin green candles will show if the asset is going into another
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Bitcoin price extended its decline below the $38,000 support zone against the US Dollar. BTC is now showing signs of an upside correction as long as it is above $38,000. Bitcoin extended its decline below the $39,000 and $38,000 support levels. The price is now trading well below $39,000 and the 100
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HSBC shares in Hong Kong jumped more than 3% following earnings release. On NYSE, the stock is up 1.56%.In an announcement that has taken the industry by storm and caught experts unaware, HSBC Holdings plc (NYSE: HSBC) has announced that its Pre-tax profit for the first half of the year
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Ethereum is up over 5% and it broke the $2,400 resistance against the US Dollar. ETH price outpaced bitcoin and it seems like there are chances of more gains above $2,450. Ethereum started a fresh increase and it managed to surpass the $2,320 resistance zone. The price is now trading well above
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According to Bobby Lee, one of the leading crypto proponents of China, Beijing is no longer interested in encouraging crypto transactions in the country.China has been consistent in suppressing the crypto trade business in the region and has accelerated the regulatory pressure on existing trading units in the country to
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Bitcoin could be gearing up for another leg up due to investors and traders moving their BTC out of exchangesLess Bitcoin is stored on Coinbase than during the 2017 bull cycleAccording to Bloomberg, Bitcoin is in the early days of adoption and primed for further growthBitcoin could be gearing up
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MicroStrategy has released its Q1 financial reportMicroStrategy has 91,579 Bitcoin on its balance sheet at an average entry of $24,311The report goes on to explain that MicroStrategy may increase or reduce its BTC holdings in the futureThis statement comes after Tesla sold some of its Bitcoin for $272 millionMicroStrategy has
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