Tags : Month

Bitcoin

Bitcoin miners made over $1.4 billion last month, despite plunge

Despite the market crash, Bitcoin (BTC) miners appear only marginally affected with reduced revenues in May, according to data from analytics tool Coin Metrics. May was daunting for Bitcoin, witnessing a correction of over 50% from it’s all-time high above $63.000 in April. The price correction consequently affected the mining revenue plunge, softened by the […]Read More

Bitcoin

Bitcoin Expects to Reach $65,000 Next Month, Fractal Analyst Claims

Bitcoin’s run-up to its all-time high above $50,000 this week has prompted a data analysis firm to predict further upside valuations for the cryptocurrency. TradingShot, an independent trading management firm, wrote in its latest note to followers that it sees the BTC/USD exchange rate at $65,000 by next month. And, if the trend persists, the […]Read More

Bitcoin

S2F Predicts 20% Per Month Growth Rate For Bitcoin In

After a long bear market and accumulation phase, Bitcoin has since begun to trace higher alongside the projections set by the cryptocurrency’s most sophisticated valuation model: stock-to-flow. According to the model’s creator, the S2F value will continue to increase by 20% month over month. Here’s how much each BTC could be worth if the cryptocurrency […]Read More