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Bitcoin is in the Ascending Triangle Shock? Guide to Analyze BTC K-line and Make Profits

K-line, found by a Japanese rice trader Munehisa, Honma is also known as candlestick, a technical analysis method about the price prediction of financial products like stock, gold, etc. in Asia. K-line consists of three parts: body, upper shadow and lower shadow. The part between open price and close price,

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Bitcoin Mining Profits Skyrocketed 24% Last Month, Argo Blockchain Reports

United Kingdom bitcoin (BTC) mining operator Argo Blockchain surpassed its own expectations in Q2, the company said in a new report released on July 2. Argo, which previously said it had benefited from the upturn in bitcoin prices, said revenues would continue to improve over previous estimates. “The Company now expects

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Bitcoin Holders’ Profits Equal that of Coinbase’s Accredited Investors

Bitcoin has returned an equal amount of profits to retail investors than a cryptocurrency startup has delivered to its accredited investors in the past five years.The world’s largest cryptocurrency in early May closed above $5,000, which roughly brought its return-on-investment (ROI) up by 40,000 percent since early 2013. In the

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Bitcoin Price Profits 153% on Average After 30% Drops, Buys Ahead: Analyst

By CCN: Throughout the past three years, the bitcoin price has demonstrated relatively large pullbacks averaging 30 percent following a large upside rally.$BTC 30%+ pullback coming?Yes, eventually. If history repeats, there should be plenty of strong pullbacks on the way to next peak ATHThere were at least nine 30%+ pullbacks

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Payment Platform Square’s Q1 2019 Bitcoin Revenue High, Crypto Profits Low

Payment platform Square saw a new revenue high from bitcoin (BTC) sales through its Cash app, while profits from Bitcoin sales remained low, according to a letter to shareholders outlining first quarter (Q1) 2019 financial figures.In its recently published letter on earnings — which is unaudited — Square revealed

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SBI’s Crypto Exchange SBIVC Achieves Profits in First Fiscal Year, Considers STO

New Japanese crypto exchange SBI Virtual Currencies (SBIVC) achieved profitability in the first year of its launch, Cointelegraph Japan reports on April 26.SBIVC exchange, launched by Tokyo-based financial services giant SBI Holdings, reportedly recorded a profit before tax of almost 360 million Japanese yen ($3.2 million) for the full

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Chilean Taxpayers Must Report Cryptocurrency Profits to Chilean IRS: Local Media

Chilean taxpayers must report their cryptocurrency profits to the Chilean Internal Revenue Service (SII), Spanish crypto media Diario Bitcoin reports on Jan. 17.The SII reportedly decreed in 2018 that digital currencies weren’t subject to Value Added Tax (VAT), but should still be considered when calculating annual income tax, as they

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