Auto Added by WPeMatico

Bitcoin Miners Compete for Profitability Ahead of Halving: CryptoQuant

With the fourth Bitcoin halving approximately 15 days away, miners are focused on increasing their profitability before their block rewards are significantly reduced. Although some Bitcoin mining companies have increased…

Continue ReadingBitcoin Miners Compete for Profitability Ahead of Halving: CryptoQuant

BTC Faces Enhanced Volatility as US Govt Sells Silk Road-Related Bitcoin, BCH Completes 2nd Halving: This Week’s Crypto Recap

This week was quite a volatile rollercoaster for the primary cryptocurrency and the rest of the market, perhaps driven by actions undertaken by the US government. Recall that BTC’s price…

Continue ReadingBTC Faces Enhanced Volatility as US Govt Sells Silk Road-Related Bitcoin, BCH Completes 2nd Halving: This Week’s Crypto Recap

Bitcoin’s Current 18% Retrace Is Right on Schedule and Is Actually Good News: Here’s Why

Bitcoin (BTC) is in the first phase of its halving and is on track with analysts’ predictions, crypto trader and analyst Rekt Capital has revealed. According to a tweet, Bitcoin’s…

Continue ReadingBitcoin’s Current 18% Retrace Is Right on Schedule and Is Actually Good News: Here’s Why

Coinbase Sees Second-Largest Bitcoin Outflow Amid Market Correction

Amidst a market-wide correction, Coinbase experienced its second-largest Bitcoin outflow this week, with two massive withdrawals of 16,800 BTC and 17,000 BTC, respectively. Typically, when assets depart from centralized crypto…

Continue ReadingCoinbase Sees Second-Largest Bitcoin Outflow Amid Market Correction