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Ethereum trend reversal points to $1950 and trading with this AI crypto algo could give you an edge
26.6.2023
Trends and patterns are crucial indicators for profitable crypto trading, and the in-thing knows how to spot trend reversals. Spotting uptrends, downtrends, and where they begin or end is a task many traders execute by closely monitoring graphs. Ethereum depicts signs of a trend reversal point...
CleanSpark Spends $9.3 Million on New Bitcoin Mining Facilities to Accommodate 6,000 Miners – Is Bitcoin Mining Still Profitable?
22.6.2023
Bitcoin (BTC) mining firm CleanSpark is expanding its operations with the acquisition of two Bitcoin mining sites in Dalton, Georgia, for $9.3 million.
The facilities will accommodate over 6,000 Bitcoin mining machines, including the latest generation Antminer S19 XP and S19j Pro+ units....
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ASIC Heavyweights: These Are the Most Profitable Proof-of-Work Algorithms in 2023
24.5.2023
Eight months ago, there was a significant transformation in the realm of lucrative proof-of-work (PoW) mining algorithms when Ethereum made the transition from PoW to proof-of-stake (PoS). During that period, the prevailing consensus algorithms for mining were Kadena, Scrypt, and Cuckatoo32....
Banks Not Getting Anticipated Benefits From Rate Hikes, ECB Executive Admits
19.5.2023
Eurozone banks are profitable but the benefits from higher interest rates may be smaller than expected, according to the deputy head of the single currency area’s monetary authority. The official noted that while most of the tightening has been done already, more rate increases are to come. Euro...
GTA VI Publisher Suggests 2024 Will Be A Very Profitable Year (Wink, Wink)
18.5.2023
Grand Theft Auto VI, the next entry in the popular open-world franchise from Rockstar Games, might be coming out as soon as next year based on some big numbers found in a new earnings report. Read more
Is building a profitable crypto portfolio still possible in 2023?
17.5.2023
With the growing concerns about crypto amidst the FED interest rate increase and financial constraints, many investors wonder whether building a profitable crypto portfolio is still possible in 2023. Analysts suggest adding AI crypto projects for more substantial returns. AI Crypto AI Crypto...
Bitcoin Mining in 2023: 18 Profitable ASIC Devices and the Dominance of Three Major Manufacturers Revealed
16.5.2023
According to statistics from mid-May 2023, 18 different application-specific integrated circuit (ASIC) bitcoin mining devices are profitable using today’s bitcoin exchange rates. Additionally, the top bitcoin mining machines today are made by three prominent ASIC manufacturers,...
Long-Term Bitcoin Holders Are Profitable for First Time in 11 Months, Blockchain Data Shows
28.4.2023
Bitcoin's long-term holder spent output profitability ratio (LTH-SOPR) shows coins moved onchain that have a lifespan of at least 155 days or higher are being sold at profit. That suggests the bitcoin bear may be behind us
Nervous About Crypto Taxes? Donate Your Profitable Holdings Instead
17.4.2023
If you hold crypto that has appreciated in value for more than one year, you won't need to worry about paying capital gains taxes and you’ll reap the benefits of one of the most generous deductions in the tax code, Adam Nash writes
Ukraine Dismantles $40 Million Russian Crypto Pyramid
6.4.2023
Ukrainian law enforcement has exposed a financial pyramid originating from Russia suspected of making millions of U.S. dollars. The scam convinced victims to send fiat money and cryptocurrency by promising profitable investments in big companies around the world. Large Crypto Pyramid Scheme With...
First Mover Asia: Crypto Liquidity Providers Can Be Profitable by Considering Trade Volume, Volatility Other Factors, Data Firm Says
6.4.2023
ALSO: Ether falls but still outperforms bitcoin for another day as investors look hopefully at the Shanghai upgrade
GameStop Profitable For First Time In Years Even As Everything Seems On Fire
22.3.2023
GameStop shocked investors, and anyone else who’s been paying attention to the meme stock video game retailer, when earlier this week it reported its first profitable quarter in over two years. It’s all the more surprising considering that everything else about the business, from botched pre-orders...
Holding Bitcoin: A profitable affair 88.5% of the days
21.3.2023
The historical price performance of Bitcoin confirms the notion that a hard limit on total supply combined with seamless global usability is key to becoming a store of value
GMX makes permissionless trading easy, Avorak AI makes it profitable
18.3.2023
With the downfall of multiple exchanges in 2022, many users went to DeFi exchanges to make their trades, keeping custody of their crypto at all times and stopping the risk of an exchange becoming insolvent and users being unable to withdraw. GMX GMX became well-known for leverage trading on-chain...
Only 31% of Staked Ether May be Profitable: Binance Research
16.2.2023
Around 2 million ETH was staked when prices were in the range of $400-$600. These stakes are are some of the strongest Ethereum believers, according to Binance Research
Here's Why Solana Price May Pump to $50 - But Fight Out Move to Earn Crypto is a More Profitable Alternative
20.1.2023
The solana price is down by 1% today, having dropped to $21.03 in the past 24 hours. Its current level represents a 26% increase in a week and a 71% surge in the last 30 days, with the layer-one cryptocurrency compensating for some of the steep losses it incurred last year....
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Challenging Year for Bitcoin Miners as Fewer BTC Mining Rigs Are Profitable at Current Prices
31.12.2022
Bitcoin miners have had a challenging year as the network’s mining difficulty reached an all-time high and the spot market price of bitcoin dropped below the cost of production. Currently, with electricity costs at $0.07 per kilowatt-hour (kWh), only 18 application-specific integrated...
Is GPU mining profitable after the Ethereum Merge?
14.11.2022
The Ethereum merge is the upgrade from proof-of-work to proof-of-stake as a way of validating block transactions on the network
This Crypto Can Help Traders Make More Profitable Trades – How Does it Work?
10.11.2022
Dash 2 Trade is a crypto trading and signals platform that helps people to become more profitable traders by ensuring that they have all the relevant tools at their disposal.
Positioning itself as the "Bloomberg terminal of crypto", Dash 2 Trade is a platform that wants to make it as easy...
Can Elrond (EGLD) Break Long-Term Resistance to Turn Profitable?
4.10.2022
Elrond is a sharding architecture decentralized blockchain protocol that runs on a Secure Proof of Stake (SPoS) consensus. It breaks into several shards depending on how much work is being done. It was started in 2017 by Lucian Mincu and Benjamin. In 2019, Elrond (EGLD) was launched on the Binance...