One of the few publicly traded miner manufacturers has been suffering since the Bitcoin (BTC) halving. Canaan Creative, a Nasdaq-listed firm, closed at $1.98 on Monday to a 3.9% low. The trade price was apparently their lowest after the firm went public in November. Since the coronavirus pandemic began threatening and shutting down cryptocurrency mining …
Public Cryptocurrency Miner Suffers Post-Bitcoin Halving Read More »
The upcoming Bitcoin (BTC) halving is on its way, pushing the top cryptocurrency through $10,000 on Friday morning. It was the first time it happened since February. The top cryptocurrency traded around $9,900 later on, but it was still a 6.4% rise against the day before. This raised the crypto market’s entire market cap to …
Crypto Rally Comes in Hot After Bitcoin Meets $10,000 Mark Read More »
Payments firm Square reported a revenue surge in its Cash App revenue for the second quarter. In its $875 million revenue and 600% increase year-over-year, the app helped generate $17 million with Bitcoin (BTC) gross profit. The app saw a 711% increase in yearly BTC revenue and gross profit from an increase in traders and …
Square Saw a 711% Surge in Bitcoin Revenue Year-over-Year Read More »
Bitcoin (BTC) was reached $12,000. But it slumped back by $1,500 in a few minutes after the crypto coin moved sideways in the last 24 hours. Crypto investors are still turning bullish on Bitcoin. In fact, the number of millionaire addresses holding BTC increased to 18,000 thanks to the recent move. Keep in mind that …
Bitcoin (BTC) Reaches Highest Single-Day Highs Since 2017 Read More »
The Federal Bureau of Investigation found two Canadian nationals stealing Bitcoin from victims seeking customer service. Karanjit Singh Khatkar and Jagroop Singh Khatkar will face 2 years in prison for fraudulently posing as Hong Kong-based crypto exchange HitBTC staff to handing over Bitcoins over multiple platforms. The pair used a Twitter account with the handle …
The top cryptocurrency by market value dived into a 25 percent drop on a daily basis yesterday, reaching as low as $5,678. The figure was at the lowest level since May 2019. Prices rebounded quickly to over $6,550, but it still shouldn’t undermine the loss. Bitcoin (BTC) is usually dubbed as one of the safest …
After briefly touching $10,008 earlier today, Bitcoin (BTC) stepped back to $9,620 two hours later. The crypto has now failed to meet the same mark twice today as US trading rejects it at around $9,850. Optimism for the bulls fell short after the high volumes generated last weekend since it pushed to $9,650 on Friday. …
Bitcoin Brushes Against $10,000 Before Sinking Back Read More »
Bitcoin fell by $800 on Wednesday while still keeping a bullish mood. The biggest daily fall in three months trapped the bulls leaving investors anything but pleased. The currency faced rejection near $10,300 during the US trading hours, which fell by $800 to near $9,300. Eventually, BTC faced the biggest single-day drop since November 21 …
Bitcoin Plummets, but Maintains a Bullish Attitude Read More »
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