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Bitcoin Daily Mining Revenue Climbs to Record Highs as Price Crosses $50,000

Bitcoin (BTC) miners have recorded a significant increase in their overall income over the last few weeks, as block rewards surge. According to recent data from analytics provider Glassnode, BTC mining revenues climbed above $40 million per day in October, a massive +275% increase from the pre-halving days. BTC mining revenue witnessed a positive turn […]

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Bitcoin to Hit $63,000 in October: PlanB (S2F Model Creator)

As Bitcoin (BTC) comes out of its previous bearish bias as famous cryptocurrency analyst PlanB claims victory for correctly predicting the BTC closing price for September. Additionally, the analyst has predicted some positive numbers for Bitcoin in October, November, and December. The benchmark cryptocurrency has had an erratic trading journey since it peaked near $65,000 […]

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Bitcoin Mining Industry in the US Could Benefit from the Recent China Ban: Florida Mayor

The Mayor of Miami, Florida—Francis Suarez—believes that the crackdown on Bitcoin (BTC) and cryptocurrency by the Chinese government is a significant opportunity for the American market to take advantage of. The mayor, who currently works on building his city into a Bitcoin hub, told Bloomberg that: “The turning point is now. It creates an incredible […]

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Bitcoin HODLers Stay Put Despite Raging Market Selloff

Despite the renewed market selloff triggered by the Chinese government crackdown, Bitcoin (BTC) and most other cryptocurrencies have posted significant recoveries. However, the market has fallen into a sideways pattern for the past few days now. As is typical with FUD moves, the market absorbed the news-induced selloff as long-term investors (HODLers) accumulated more coins […]

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Bitcoin Proponents Optimistic About China’s Crypto Ban

Following the fresh attack on the crypto industry, Bitcoin (BTC) proponents have argued that this is “a blessing in disguise” for the benchmark cryptocurrency. The recent Evergande real estate crisis triggered a selloff in the benchmark cryptocurrency last week. Shortly after, BTC received another blow from a reiteration of intolerance on the crypto industry by […]

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