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Summit Mining: Crypto Mining Made Both Profitable & Fair


Disclaimer: The text below is a press release that was not written by Cryptonews.com. The cryptocurrency mining space has evolved significantly since its first days, more than a decade ago. However, if you’ve been feeling like you missed out, there’s still time to start and even turn a profit—if...

After Profitable October, Bitcoin Whales to Drive Price Up - Kraken


When it comes to bitcoin (BTC)'s nearest future, similar to what was seen since March 2020, BTC whales accumulation will drive further appreciation in price in November, Kraken Intelligence, the exchange's team of in-house researchers, estimated. Therefore, be prepared for even higher volatility...

Crypto.com Aims for Its First Profitable Year Despite Asian Setback


Cryptoasset-power debit card and trading services firm Crypto.com said it is on track to end the year with its figures in the black for the first time in its history. But it will have to accomplish this feat without one of its key partners, after an accounting scandal involving the German card...

Over 90% of ETH’s Supply Now in Profit


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...

Bitcoin Investors Pocketed 42% in Gains During the Second Quarter of 2020


The second quarter of 2020 was very profitable for bitcoin investors, according to data analytics firm Skew. During the period, the top cryptocurrency climbed 42%, its fourth-best quarterly close since 2014. For the March quarter, the digital asset fell 10.6%, dragged by the massive Black Thursday...

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