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Over 90% of ETH’s Supply Now in Profit
4.8.2020
More than 90% of ETH’s circulating supply is now in profit. The last time this level was observed was in early 2018 when the price of the cryptocurrency was $925. Research and analytics firm Glassnode reported Monday that the percentage of ETH’s supply in profit has reached a level...
Ether Addresses in Profit Have Soared 132% in a Year
30.7.2020
Even with ether close to yearly highs, profitable addresses have more than doubled since last July
More Ether Holders Are in Profit Than There Are BTC Addresses in Total
30.7.2020
Ethereum addresses in profit now exceed the total number of addresses with a Bitcoin balance
Recent Bitcoin Rally Pushes ‘Addresses in Profit’ to 93%
29.7.2020
August 2019 was the last time this many bitcoin addresses were in profit
93% of Bitcoin’s Supply Profitable at $11K, ‘Realized Price’ Recovers from Black Thursday
29.7.2020
Onchain data shows that bitcoin’s breakout above $11,000 puts 93% of the circulating supply in a state of profit. Additionally, seven-day metrics show that bitcoin’s “realized price” has recovered from the low that took place on March 12. The research and analysis firm...
Americans to Buy Bitcoin With Their Second Stimulus Checks After Initial Investment Turned in 50% Profit
27.7.2020
U.S. investors may be planning to use their second $1,200 stimulus money to buy bitcoin – again. The U.S. government is, on Monday, expected to approve plans for this second payout, White House officials have confirmed. The bailout is intended to cushion families against the covid-19 fallout....
DeFi ‘Incident’ on Uniswap Brings Trader Massive Profit in Minutes
14.7.2020
A recently discovered ‘incident’ on the popular decentralized token swap platform Uniswap has sparked a discussion online, as some claim that an algorithm drove up the price of the bZx protocol’s BZRX token and then “dumped” it on retail users.
The discussion today first started after Roman Storm...
Bitcoin Difficulty Touches All-Time High, 120 Exahash of Hashpower Remains Strong
13.7.2020
The network difficulty for the Bitcoin network spiked over 9.8% on Monday bringing the difficulty to its highest point ever. The record high of 17.35 trillion makes it much harder for bitcoin miners to profit. However, the overall Bitcoin network hashrate has remained consistently above the...
Localbitcoins 2019 Revenue Rises 10% to $29.6 Million Amid Increased Paxful Competition
2.7.2020
Peer-to-peer (P2P) crypto exchange Localbitcoins has reported that 2019 revenue rose 10% to $29.6 million from $27 million a year ago. For the year, operating income fell 6% to $19.9 million from $21.2 million the year before. Localbitcoins did not provide detail about net profit. The Finnish...
83% of Bitcoin Addresses Currently Profitable, Says Glassnode
24.6.2020
At least 83% of existing Bitcoin addresses are currently in a state of profit, according to Glassnode. That’s a 43% increase since bitcoin’s precipitous crash on March 12, now known as the ‘Black Thursday.’ At the time, only 45% of all the BTC addresses were profitable...
Filipino Crypto Scammers Are Impersonating Government Officials for Profit
22.6.2020
The Philippines Department of Finance warns people that Bitcoin Revolution uses government officials’ names to spread fake news endorsing their business
Binance Adds Profit Maximization Service to Its Mining Pool
22.6.2020
Binance has a new system for helping miners automatically mine the most profitable coins
Bitcoin’s Massive Correction on the Way: How to Maximize Profit in the Bear Market?
18.6.2020
Bitcoin started off the week on the wrong foot. After trading sideways for a few weeks at $9,400, it suddenly plunged to $8,971, leading many to believe this is the beginning of a bear market. According to market data, the sell-off was partly caused by Bitcoin whales dumping their coins, which...
80% of Ether Supply in Profit Leads of Fears of a Price Drop
12.6.2020
Crypto analytics firm Glassnode reported 80% of the supply of the second largest cryptocurrency by market cap was in profit on June 10
Coin Center’s Non-Profit Battle for Decentralization in DC With Peter Van Valkenburgh
14.5.2020
Peter Van Valkenburgh on Coin Center’s advocacy before US regulators for decentralized networks like Bitcoin’s
Dogecoin (DOGE) Fascinates Investors; Time to Book Some Profit?
8.5.2020
The same Bitcoin, which found it difficult to fight the bears in mid-March while ranging around $6000 has made a strong point regarding its strength as it climbed above $9800 lately Altcoins are trying to follow suit; a few of them are still playing low key; rest are holding a bullish sentiment...
Bitcoin Unfazed by Record Profit-Taking as BTC Price Resets for $9K
1.5.2020
Bitcoin price corrected 11.36% after setting a multi-month high at $9,400 but bullish investors appear intent on recapturing $9,000
Largest US Banks Expect Billions in Loan Losses, Profits Plunge
19.4.2020
Several of the largest U.S. banks have set aside billions of dollars in reserves as they expect massive losses from loan defaults, sending their profits nosediving. Wells Fargo’s first-quarter earnings fell a whopping 90% while JPMorgan Chase’s profit dropped 70%. Bank of America...
More Profit-Taking? Bitcoin Price Sags 7% Ahead of Easter Weekend
10.4.2020
Major cryptocurrency markets fell 7 percent over the past 24 hours, with bitcoin (BTC) retreating below $7,000 to $6,807 as of press time
More Profit-Taking? Bitcoin Price Sags 7% Ahead of Easter Weekend
10.4.2020
Major cryptocurrency markets fell 7 percent over the past 24 hours, with bitcoin (BTC) retreating below $7,000 to $6,807 as of press time