According to data sites and a number of observers, bitcoin miners are selling coins faster than they can produce them. Ever since the market downturn on March 12 and the… Read more »
‘Buy Bitcoin’ Searches Skyrocket, Volumes Spike, Account Signups Swell As Coronavirus Fears Heighten Exchange data and statistics from Google Trends, Twitter, and Baidu show that despite the recent price drop… Read more »
While bitcoin (BTC) looks set to prolong its recent bullish moves, those responsible for making new bitcoin have increased their selling. The world’s largest cryptocurrency by market value rose from… Read more »
Bitcoin’s price is down over 35% from its peak in February 2020. This decrease has adversely impacted mining profitability, forcing some farms to take their hardware offline. Mining difficulty has… Read more »
Bitcoin price has made a strong recovery over the last week or so, nearly doubling in value from the lows it set during the extreme, panic-induced selloff earlier this month…. Read more »
Bitcoin (BTC) price has started to show strength in its recovery since the black Thursday selloff this past week, but is this something we can expect to continue? Or is… Read more »
Rumors that Bitcoin miners are ready to throw in the towel have been making the rounds in the cryptocurrency world. But how accurate are these claims? Seasoned Bitcoin Miners Loyal… Read more »
Bitcoin recently experienced a historic single-day drop, taking the cryptocurrency from $7,500 to under $4,000 in less than 48 hours. The first-ever cryptocurrency is now trading below the cost required… Read more »
Bitcoin (BTC) derivatives traders were anything but bearish during Monday’s crash, data reveals — options volumes set a giant $200 million all-time high. According to figures collated by monitoring resource… Read more »
Bitcoin’s hash rate just hit another new all-time high of 136 EH/s, an indication that miners are not backing out despite the recent selling pressure which led to a slump… Read more »