Bitcoin, Ethereum Hit Milestone Levels

Bitcoin, Ethereum Hit Milestone Levels Summary Bitcoin (BTC) and Ethereum (ETH) remain to keep good uptrends. Precious metals are in focus as BTC and gold (gc) show correlation. Market Trends This WeekBitcoin (BTC) and Ethereum (ETH), the 2 most significant cryptocurrencies, continued their bullish fashion this week. After an initial Continue Reading

China Is’ No Threat To Bitcoin,’ Promises Foundry CEO After $100 Million Bitcoin Mining Bet

Bitcoin mining is big business. In just ten years, bitcoin mining, in which bitcoin tokens are compensated to the ones that retain the bitcoin network, has morphed from a bedroom-based, money making hobby into a billion dollar industry. Digital Currency Group, a venture capital company which owns digital currency committing Continue Reading

Bitcoin Price Holds Below $12K Even as Hashrate Hits All-Time High

Bitcoin remains in consolidation below a critical resistance despite hashrate achieving record highs across the weekend. Details provided by Glassnode reveals the seven-day typical for bitcoin’s hashrate – the computing energy committed to mining blocks – rose to a shoot high of 129.03 tera hashes per next (TH/s) over the Continue Reading