Search
Bitcoin Miners Saw 33% Revenue Increase in December
9.1.2021
Miners earned an estimated $692 million last month
Bitcoin Miners Earn Over $1 Million per Hour — Revenue Increases 185% Since the 2020 Halving
30.12.2020
Bitcoin miners have been yielding a very profitable year in monthly revenues, as the latest onchain data shows significant figures at its highest levels since 2019. Hourly Bitcoin Mining Revenues Hits 2019 Highs According to Glassnode, BTC miners are currently earning $1 million per hour, meaning...
Bitcoin Consolidates While Altcoins Start Strong Increase
28.12.2020
After setting a new all-time high, bitcoin price corrected lower to USD 26,000. Recently, BTC started a fresh increase, settled above USD 27,00, and is currently (13:00 UTC) consolidating well above this level.
Also, there was a fresh increase in major altcoins, including ethereum, XRP, EOS,...
Riot Blockchain Buys 15,000 Antminers, Operation Will Command 37,640 Bitcoin Miners
23.12.2020
Publicly listed firm Riot Blockchain has announced the company is purchasing 15,000 S19 Pro and S19j Pro Antminer mining rigs from Bitmain. According to the company, the new shipment of next-generation miners will increase the operation’s hashrate to 3.8 exahash per second (EH/s). Following...
JPMorgan Warns of Bitcoin Correction, Describing BTC as Overbought
22.12.2020
JPMorgan’s analysts have warned about the odds of a bitcoin correction which would increase if the flows into Grayscale’s bitcoin trust slow significantly. The analysts indicated that bitcoin is “overbought.” JPMorgan Reveals Bitcoin’s Outlook The analysts at JPMorgan...
Riot Blockchain buys 15K Bitmain Antminers, expects 65% hash rate increase
22.12.2020
Nasdaq-listed crypto firm Riot Blockchain purchases additional 15,000 Antminers from Bitmain for $35 million
Global Equity Head at Jefferies Says the Investment Bank Will Buy Bitcoin and Reduce Exposure to Gold
22.12.2020
Christopher Wood, the global head of equity at Jefferies, a global financial services company, says the firm will reduce exposure to gold in favor of bitcoin. He adds that there are plans to increase the crypto component of Jefferies’ long-only global portfolio for U.S. dollar-denominated...
$1 Billion in Bitcoin and Ether: One River Hedge Fund to Increase Holdings From $600 Million
18.12.2020
Hedge fund management firm One River Asset Management has invested $600 million in bitcoin and ether with a plan to increase its holdings to $1 billion next year. The company has two cryptocurrency funds: the Bitcoin Fund and the Ethereum Fund. $1 Billion Investment in Bitcoin and Ether One River...
US Treasury Dept's Reported New Rule Might Increase Bitcoin Surveillance
18.12.2020
While the national treasury of the US federal government is said to be on the brink of proposing a new transaction reporting rule, many in the Cryptoverse argue that it would not affect investors and/or that regulations concerning so-called "self-hosted" wallets are nonsensical. However...
DeFi boom drives 1200% increase in DApp volume in 2020: Report
18.12.2020
DeFi projects will form the foundation of the crypto economy in 2021 according to a report by DappRadar
Bitcoin Mining Rig Prices up 35% Since Start of November — Shortages Force Miners to Turn to Secondary Market
17.12.2020
The prices of the latest generation mining rigs have gone up 35% since the beginning of November, according to Hashr8. The observed price increase comes as Bitmain and Microbt are reportedly sold out until May 2021. As a consequence of the supply of mining rigs failing to meet the demand, some...
Mad Money’s Jim Cramer Buys Bitcoin, Reveals Strategy to Increase Holdings
16.12.2020
Jim Cramer, the host of Mad Money and co-founder of The Street, has bought some bitcoin with the intention to keep increasing his holdings. He explained his purchase strategy and said there’s no reason not to wait for bitcoin’s price to come down again. Jim Cramer Bought Bitcoin...
Remitano Launches Margin Trading feature to Increase Traders Potential Profit
12.12.2020
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
With the steady rise of Bitcoin price in recent days, this is arguably one of the best periods for Bitcoin trading and other cryptocurrencies. However, not all willing investors have enough capital to invest...
Venezuela Pays for Imports From Iran and Turkey With Bitcoin to Evade Sanctions
9.12.2020
Venezuela is reportedly paying companies in allied countries, including Iran and Turkey, with bitcoin to mitigate the effects of U.S. sanctions on its economy. The Venezuelan government is also planning to increase bitcoin usage now that it has a dedicated cryptocurrency mining center. Venezuela...
Bitcoin and Altcoins Show Initial Signs of Fresh Increase
7.12.2020
In the past few sessions, bitcoin price traded in a range below the USD 19,500 resistance. BTC also remained stable above USD 18,500 and USD 19,000. The price is currently (13:00 UTC) showing a few positive signs and it seems like there could be another push towards USD 19,500 and...
Bitcoin Miners Saw 48% Revenue Increase in November
6.12.2020
Nearly 11% of revenue came from fees, down slightly from October
Crypto-Friendly Travel Site Travala Posts 503% Revenue Increase, 72% of Bookings Paid With Cryptocurrencies
5.12.2020
Travel booking website Travala saw an increase in revenue of over 503% in November compared to the previous year. Out of all bookings, 72% were paid with cryptocurrencies, with bitcoin being the most popular choice. A Record Month for Travala The up and coming crypto-friendly travel booking website...
Argo Reports 23% Monthly Revenue Increase, With 2,369 Bitcoin Mined Since January
4.12.2020
Bitcoin miner Argo Blockchain reported Thursday that revenue climbed 23% to £1.48 million ($1.98 million) in November compared to £1.2 million ($1.6 million) the previous month. ● The London Stock Exchange-listed firm mined less bitcoin (BTC) in November (115 BTC) than it did...
Wrapped Bitcoin ‘Burns’ Increase as Traders Rotate Capital Out of Cooling DeFi
3.12.2020
WBTC burns picked up in November, continuing into December
Bitcoin and Altcoins Show Signs of Fresh Increase
2.12.2020
There was no bearish break below the USD 18,500 and USD 18,200 support levels. As a result, BTC started a fresh increase, and it recovered above the USD 18,000 and USD 19,000 resistance levels. The price is currently (13:00 UTC) trading above USD 18,800 and it could attempt a fresh increase towards...