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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...
45 Older-Generation Bitcoin Miners Are Unprofitable After the Reward Halving
17.5.2020
On May 11, the Bitcoin network experienced its third block reward halving, which had chopped the 12.5 BTC reward to 6.25 coins following the event. It’s been close to a week later, and data stemming from mining rig profitability websites show that more than 45 older generation devices are...
Hodling Pays Off as Buying Bitcoin Has Been Profitable 95.4% of Days
11.5.2020
As crypto traders brace for today’s Bitcoin halving, data shows buy and hold remains the most profitable strategy
Older Mining Machines Turn Profitable Again as Bitcoin Rises Ahead of Halving
30.4.2020
Older mining models can now earn 10-20% gross margins after bitcoin’s price jumps to two-month highs
Wirex Payments Platform Hits 3 Million Users, Becomes Profitable
14.4.2020
Strong long term trends aside, the COVID-19 pandemic has recently hit Wirex card users’ retail spending
10 Tips to Keep Your Crypto Portfolio Profitable During a Crisis
13.4.2020
Every good trader has a rule system that they stick to, have you found yours?
Is Technical Trading in Cryptocurrency Markets Profitable?
11.4.2020
Investigating the profitability of technical trading rules in the cryptocurrency market: Here what you should know
Bitcoin Price Will Go Up as Only Profitable Miners Remain: Data Analyst
7.4.2020
Bitcoin price has recovered well from the drop to $3,750 and on-chain data from CryptoQuant suggests BTC miners are doing just as well
Bitcoin & Bitcoin Cash Holders More Profitable Than Ethereum & Litecoin Holders
2.4.2020
Judging from a blockchain analysis tool that works across a range of digital assets, the majority of holders of both bitcoin (BTC) and bitcoin cash (BCH) seem to be still “making money.” Ethereum (ETH) and litecoin (LTC) users are not so lucky.
The new set of tools, developed by blockchain...
Celsius Network Is Profitable and Resisting Market Downturn, Claims CEO
18.3.2020
Celsius Network founder and CEO Alex Mashinsky noted the Celsius Network’s profitably and resilience amid shaky global markets
Peter Schiff ‘Concedes’ Bitcoin Profitable, But Won’t Succeed as Money
18.2.2020
Bitcoin can net you “a lot of money” but isn’t actually money itself, says Bitcoin holder Peter Schiff
Indian Supreme Court Warms Up to Crypto – RBI’s Arguments Not Convincing
23.1.2020
India’s supreme court heard the crypto case on Thursday, starting with the arguments by the counsel for the Reserve Bank of India (RBI). After pointing out that the RBI ban only hurts crypto businesses but does not stop crypto trading, the court explained that “being an honest...
Bitcoin Cash Sees Mining Pool Shift and Hashrate Surpass 4 Exahash
22.1.2020
While people have watched the BTC network surpass 100 exahash per second (EH/s), Bitcoin Cash (BCH) has been steadily gathering hashrate as well. Since the November 15, 2018 blockchain split, which produced the Bitcoin SV (BSV) chain, BCH hashrate has jumped by more than 3x. Bitcoin cash is often...
Tokyo-Based Zigmabit Offers Mining Rigs for Homes and Offices
14.1.2020
Cryptocurrency mining develops rapidly like any high tech sector. Improvements in the hardware and auxiliary systems make it possible to design mining rigs that are more compact and silent than they used to be, while also profitable to run. Zigmabit is a manufacturer that assembles units suitable...
Tiger Global and Sequoia May Become Profitable From 2020 IPOs: CB Insights
19.12.2019
The year 2019 has not been very fruitful for investment firms. After the Uber’s dismal performance post IPO, the next year becomes more important to watch. In 2020, there are many more big names that may go public including Airbnb. From the investors’ point of view, the major investment firms...
Bitcoin Price Diary: Long BTC and Profitable on Many Altcoin Positions
14.12.2019
Bitcoin continues to trade sideways in a tightening range and this is giving altcoins the green light to continue their multi-week rally
Chicago Company Mines at Oil Wells, Educates Producers About Bitcoin
7.12.2019
Utilizing stranded gas to power bitcoin mining rigs at oil and gas wells is a promising business opportunity. It is profitable for all participating parties and beneficial for the environment. Not without challenges, this young industry is growing in energy-rich North America. Several companies...
MARKETS DAILY: Is Bitcoin Market Manipulation Profitable?
4.12.2019
With markets recovering, we take a look at Bitcoins' recent behavior and wonder whether it's still a safe haven? Later, we're joined by Galen Moore for quick discussion on alleged bitcoin market manipulation
Litecoin (LTC) Upsurge to Bring Profitable Day for Traders
28.11.2019
Litecoin price demonstrates indications of advancement towards the intraday high during strong bullish sentiments The immediate resistance is positioned around $49.21 Litecoin price is heading towards the intraday high. The improvement marked in the coin is quite impressive. The big players of...
Why Bitcoin is the Best Coin to Mine and Still Makes for a Profitable Venture?
29.10.2019
The evolution of the cryptocurrency concept has led to the development of a whole new ecosystem in today’s modern economy. Digital coins require several supporting technologies that include the likes of blockchain and the internet, among others. Also, the role played by the internet of things (IoT)...