Cryptocurrency Analysis and News Portal
U.K.-based Ruffer Investment Management has managed to quickly turn its recent bitcoin investment into a $750 million profit.Having bought in November, Ruffer’s investment managers took profits in December and January as the cryptocurrency more than doubled to around $40,000, according to a Telegraph Money report Tuesday.“We’ve been surprised by how
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Bitcoin’s ascent above $19,500 was cut short early on Tuesday, possibly due to profit taking by large Asia-based investors, according to one analyst.The top cryptocurrency fell from $19,555 to $19,035, with most of the drop unfolding during the two hours to 06:00 UTC, according to CryptoX 20 data.“I think Asian
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The British arm of the U.S. cryptocurrency exchange saw a sharp downturn in business in 2019. Source
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Publicly traded mining company Hive Blockchain (HVBTF) reported a Q2 profit even as the firm continued its “big spend” on upgrading its mining facilities. Hive took in $13 million in quarterly mining revenue, according to its Q2 earnings report Tuesday, 8% up from the year-ago period’s $12 million.The company posted a
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Sony’s PS5 console, launched on Nov. 12/Nov. 19, is in short supply, with many would-be owners struggling to secure a purchase. A scalper group obtained nearly 3,500 units from pre-orders and limited launch day stock. The group boasts a profit of over £1 million from reselling the PS5. If you’re wondering why you
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For the past several months, miners around the world have been extremely active, which can be seen through spikes in hash rates that coincided with a significant increase in the prices of cryptocurrencies. At the beginning of 2020, Ether (ETH) could be bought for $130, and now, ETH has reached
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Summary:Bitcoin has comfortably broken the $12k ceilingWith this move, BTC addresses in profit have hit a new all-time high of 30.4 MillionIt is still too early to comfortably declare that $12k is a new support zone for BitcoinTimothy Peterson had forecasted that by November 30th, Bitcoin will be at $12k
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The bitcoin market looks to be shrugging off increased selling pressure from profit takers after prices surged this week. Source
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John McAfee allegedly received $11.6 million in bitcoin and ether for pumping ICOs in 2017 and 2018. Source
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After the September selloff, October offers investors an opportunity.Monumental vaccine developments could boost share prices this month.October is the final month before election chaos becomes a reality.So far this year, investors have had a wild ride—but for those who hung on through the March dip, it’s been mostly positive. September
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