Auto Added by WPeMatico

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

Analysts say Bitcoin miners’ worst days are probably behind them, but the network's soaring hash rate and the uptick in difficulty are weighing on profit margins.

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

Bitcoin holds $19K, but volatility expected as Friday’s $2.2B BTC options expiry approaches

Traders expect an uptick in volatility due to the possibility of September’s $2.2 billion options expiry putting pressure on BTC price near a critical support level.

Continue ReadingBitcoin holds $19K, but volatility expected as Friday’s $2.2B BTC options expiry approaches