Bitcoin miner profitability under threat as hash rate hits new all-time high

The Bitcoin hash rate hit a new all-time high above 245 EH/s on Oct. 3, but at the same time, BTC miner profitability is near the lowest levels on record.  With prices... Read more »

Bitcoin price plummets while miner hash rate soars to all-time highs

Bitcoin miners can’t stop, won’t stop. The Bitcoin (BTC) hash rate continues to surge to new all-time highs, despite a heavy price drawdown.  The Bitcoin mining hash rate peaked at 258 exahashes... Read more »

A crumbling stock market could create profitable opportunities for Bitcoin traders

Some of the biggest companies in the world are expected to report their 2Q earnings in October, including electric automaker Tesla on Oct. 18, tech giants Meta and Microsoft on Oct. 24,... Read more »

Bitcoin Lightning Network capacity strikes 5,000 BTC

Bear markets are for building out capacity on the layer-2 Lightning Network. Despite macroeconomic headwinds and sluggish price action, the Lightning Network, the layer-2 payments solution fo Bitcoin (BTC), continues to flourish.... Read more »

Robert Kiyosaki calls Bitcoin a ‘buying opportunity’ as US dollar surges

Robert Kiyosaki, businessman and best-selling author of Rich Dad Poor Dad has called Bitcoin, silver and gold a “buying opportunity” amid the strengthening United States dollar and continued interest rate hikes.  In... Read more »

Net Bitcoin ATMs growth drops globally for the first time ever

The domino effect of a prolonged bear market seeped into the Bitcoin (BTC) ATM ecosystem as September 2022 recorded negative growth in global net installations for the first time in history —... Read more »

Bitcoin price starts ‘Uptober’ down 0.7% amid hope for final $20K push

Bitcoin (BTC) failed to hold $20,000 into the September monthly close as one trader eyed a final comeback before fresh downside. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader’s $20,500 upside target... Read more »

Nexo-labeled address withdraws $153M in Wrapped BTC from MakerDAO

Disclaimer: This article has been updated to reflect Nexo’s response stating that the fund transfer represents an operational transfer, involving the move of funds from one Nexo address to another. Just a... Read more »

What is the economic impact of cryptocurrencies?

Although the cryptocurrency market appears to grow in a positive feedback loop, that does not mean that (un)expected events may not impact the trajectory of the ecosystem as a whole.  Although blockchain... Read more »

So what if Bitcoin price keeps falling! Here is why it’s time to start paying attention

For bulls, Bitcoin’s (BTC) daily price action leaves a lot to be desired, and at the moment, there are few signs of an imminent turnaround.  Following the trend of the past six... Read more »