Bitcoin market volatility has been extremely low recently. However, such periods of inactivity are usually followed by a big move, but which way will it be? On May 22, on-chain analysis platform Glassnode reported that volatility had been very low in recent weeks.
Bitcoin mining is still a highly profitable business despite its drawbacks. Moreover, the total cumulative revenue for BTC miners has just reached a new milestone. On-chain analytics provider Glassnode has reported that Bitcoin miners have earned total revenue of $50.2 billion from the block subsidy and fees.
Top cryptocurrency bitcoin could reach $100,000 by the end of 2024, Standard Chartered said on Monday, saying that the so-called "crypto winter" is over. Bitcoin could gain from factors including recent turmoil in the banking sector, a stabilisation of risk assets as ...
Bills in Arkansas and Montana that focus on crypto mining have passed in recent days, while legislation in other states remain in the ratification process. While some of the proposed or passed pieces of legislation seek to protect the rights of crypto miners, others seek to put certain restrictions on companies operating in the sector.
Even as Bitcoin surges to levels not seen in months, HODLing will never go out of style. More than half of the coins in existence have not moved in over two years, according to recent figures—a new all-time high. Blockchain data firm Glassnode told Decrypt that the amount of Bitcoin which last moved more than two years ago currently stands at 53.14%.
Russia has become the world’s second-largest cryptocurrency mining country this year, the Kommersant business daily reported on Friday, citing Bitriver, Russia’s largest bitcoin mining provider.
Recently, the crypto market has been sluggish. In light of the uncertain investment trends in the market, a growing number of investors have shifted their focus toward the crypto upstream — mining.
Bitcoin (BTC 1.06%), which is up more than 60% this year, just experienced its best week since December 2020. While stretches like this often lead investors to anticipate some sort of correction, there is plenty of reason to believe this might just be the beginning of a new bull market.
The recent surge in the price of Bitcoin [BTC] has caused a significant shift in mining activity on the BTC network. Pseudonymous CryptoQuant analyst Onchained found that the 68% jump in the year-to-date value of the king coin has resulted in an increase in fees per transaction due to the increased demand for block space.
The global economy is unquestionably moving towards a digital ecosystem where everything from different investing strategies to money transfers is done digitally. This invites the idea of fresh digital innovations that get continually developed.
With just one year left before the much-anticipated Bitcoin halving event, experts and investors in the crypto industry are closely monitoring its potential impact on the market.
The bitcoin mining industry appears to be getting back on its feet after a long crypto winter that saw major bankruptcies and fire sales. Even though mining economics have improved only marginally as bitcoin trades above $20,000, capital is starting to flow into the sector once again.
Bitcoin market volatility has been extremely low recently. However, such periods of inactivity are usually followed by a big move, but which way will it be? On May 22, on-chain analysis platform Glassnode reported that volatility had been very low in recent weeks.
Bitcoin mining is still a highly profitable business despite its drawbacks. Moreover, the total cumulative revenue for BTC miners has just reached a new milestone. On-chain analytics provider Glassnode has reported that Bitcoin miners have earned total revenue of $50.2 billion from the block subsidy and fees.
Top cryptocurrency bitcoin could reach $100,000 by the end of 2024, Standard Chartered said on Monday, saying that the so-called "crypto winter" is over. Bitcoin could gain from factors including recent turmoil in the banking sector, a stabilisation of risk assets as ...
Bills in Arkansas and Montana that focus on crypto mining have passed in recent days, while legislation in other states remain in the ratification process. While some of the proposed or passed pieces of legislation seek to protect the rights of crypto miners, others seek to put certain restrictions on companies operating in the sector.
Even as Bitcoin surges to levels not seen in months, HODLing will never go out of style. More than half of the coins in existence have not moved in over two years, according to recent figures—a new all-time high. Blockchain data firm Glassnode told Decrypt that the amount of Bitcoin which last moved more than two years ago currently stands at 53.14%.
Russia has become the world’s second-largest cryptocurrency mining country this year, the Kommersant business daily reported on Friday, citing Bitriver, Russia’s largest bitcoin mining provider.
Recently, the crypto market has been sluggish. In light of the uncertain investment trends in the market, a growing number of investors have shifted their focus toward the crypto upstream — mining.
Bitcoin (BTC 1.06%), which is up more than 60% this year, just experienced its best week since December 2020. While stretches like this often lead investors to anticipate some sort of correction, there is plenty of reason to believe this might just be the beginning of a new bull market.
The recent surge in the price of Bitcoin [BTC] has caused a significant shift in mining activity on the BTC network. Pseudonymous CryptoQuant analyst Onchained found that the 68% jump in the year-to-date value of the king coin has resulted in an increase in fees per transaction due to the increased demand for block space.
The global economy is unquestionably moving towards a digital ecosystem where everything from different investing strategies to money transfers is done digitally. This invites the idea of fresh digital innovations that get continually developed.
With just one year left before the much-anticipated Bitcoin halving event, experts and investors in the crypto industry are closely monitoring its potential impact on the market.
The bitcoin mining industry appears to be getting back on its feet after a long crypto winter that saw major bankruptcies and fire sales. Even though mining economics have improved only marginally as bitcoin trades above $20,000, capital is starting to flow into the sector once again.
