Cryptocurrency Analysis and News Portal
With the Bitcoin (BTC) price moving at a very steady pace during the crypto winter, the return on investment (ROI) on a new mining device seems like a shot in the dark. But a mining expert explained there may be hope for miners to make a comeback to profit. Phil Harvey,
Read More
Tesla’s decision to offload most of its Bitcoin (BTC) treasuries netted the company a hefty profit in the second quarter, even as crypto prices plunged into a bear market.In the first six months of 2022, Tesla recorded $170 million of impairment losses “resulting from changes to the carrying value” of
Read More
The economic crisis in crypto is waning, FTX co-founder and CEO Sam Bankman-Fried thinks. He noted in an interview on Axios Pro Thursday that he is not getting “a ton of calls” from distressed businesses, as he was in the first weeks of the so-called crypto winter. Given a positive
Read More
On-chain data shows the Bitcoin NUPL metric is back to a positive value, suggesting the market as a whole is back in profit. Bitcoin NUPL Latest Trend Could Signal The Bottom Is Already In As pointed out by an analyst in a CryptoQuant post, the BTC NUPL breaking above the neutral market
Read More
Dogecoin has found itself unable to rally the way it did in the first half of 2021, thus resulting in it losing most of the value generated during that time. Nevertheless, it remains mostly profitable for the majority of its investors. The meme coin which has since lost its footing
Read More
The manufacturer of graphics processing units has been reluctant to acknowledge the role its products play in crypto mining; bitcoin and ether plummet. Source
Read More
Summary: Crypto twitter member @cryptofelon has narrated how he bought a website domain for $16 and later sold it for $500k to a crypto exchange He purchased the domain in 2017 and sold it in September 2021, making a 3,124,900% Profit @cryptofelon was initially offered $500, then $200k But he insisted he wanted 10
Read More
For years, cryptocurrency advocates have touted the world-changing capability of digital currency and blockchain technology. Yet with the passing of each market cycle, new projects come and go, and the promised utility of these “real-world use case” projects fails to satisfy.While a majority of tokens promise to solve real-world problems,
Read More
Cardano (ADA) has made it on the list as one of the worst-performing assets when it comes to profitability. The ability to make a profit from a digital asset is what drives the majority of investments when putting money in the asset. However, for some, this has not been the
Read More
"In 2022, the Deribit Implied Volatility Index, a measure of implied volatility on BTC and ETH options, has trended lower into the auctions period," Two Prime said. "For 100% of occurrences 4 to 7 hours leading up to the auction, volatility has fallen as short open interest pushes [options] premiums
Read More