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Month: December 2021

Uncategorized

Bitcoin Mining Profits Remain at ‘Near Highs’ as Crypto Miners Rally

December 29, 2021 - by - Leave a Comment

Crypto mining companies, including Marathon Digital and Hut 8, outperformed other crypto-linked stocks on Tuesday, as economics for the miners continues to be lucrative. Shares of crypto miners, which have …

Bitcoin Mining Profits Remain at ‘Near Highs’ as Crypto Miners Rally Read More
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Square’s Cash App Generated $1.8B in Bitcoin Revenue in Q3

December 29, 2021 - by - Leave a Comment

Payments firm Square said in its third-quarter earnings letter Thursday that its peer-to-peer payment service, Cash App, generated $1.82 billion of bitcoin revenue in the quarter and $42 million of …

Square’s Cash App Generated $1.8B in Bitcoin Revenue in Q3 Read More
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Bakkt Expands Cryptocurrency Offering Beyond Bitcoin With Addition of Ether

December 29, 2021 - by - Leave a Comment

Digital asset platform Bakkt Holdings (NYSE: BKKT) will soon allow its customers to trade ether, the second-largest cryptocurrency, in addition to bitcoin, the company said in a statement Friday.Bakkt also …

Bakkt Expands Cryptocurrency Offering Beyond Bitcoin With Addition of Ether Read More
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Why Bitcoin Will Never Surpass The Market Cap Of Gold

December 29, 2021 - by - Leave a Comment

Bitcoin has been pitted against gold at various turns since the digital asset started going mainstream. Enthusiasts have finally settled on referring to the former as ‘digital gold’ while continuing …

Why Bitcoin Will Never Surpass The Market Cap Of Gold Read More
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Bitcoin Bearish Signal: Trend Is Again Shifting From Outflows To Inflows

December 29, 2021 - by - Leave a Comment

On-chain data shows Bitcoin netflow trend is once again shifting from outflows to inflows, a sign that could prove to be bearish for the crypto. Bitcoin Netflow Trend Is Changing …

Bitcoin Bearish Signal: Trend Is Again Shifting From Outflows To Inflows Read More
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TA: Bitcoin Resumes Decline, Indicators Suggest Limited Upside

December 29, 2021 - by - Leave a Comment

Bitcoin started a fresh decline below the $50,000 support against the US Dollar. BTC remains at a risk of a larger decline below $47,500 in the near term. Bitcoin started …

TA: Bitcoin Resumes Decline, Indicators Suggest Limited Upside Read More
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Want to Build a Bitcoin Mining Rig? Compass Mining Now Sells Single ASICs.

December 28, 2021 - by - Leave a Comment

Bitcoin mining began as a cottage industry with individual miners able to mine Bitcoin on a laptop. Over the years, the technology became more specialized and sophisticated, with large facilities …

Want to Build a Bitcoin Mining Rig? Compass Mining Now Sells Single ASICs. Read More
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Walmart Has Quietly Begun Hosting Bitcoin ATMs

December 28, 2021 - by - Leave a Comment

Walmart, the world’s largest company by revenue, is rolling out bitcoin ATMs at dozens of its U.S. stores. Shoppers can purchase the cryptocurrency at Coinstar machines inside the retailer’s cavernous …

Walmart Has Quietly Begun Hosting Bitcoin ATMs Read More
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Market Wrap Year-End Review: When Institutions Cashed Out of Bitcoin

December 28, 2021 - by - Leave a Comment

Hello, Market Wrap readers! During the final two weeks of 2021, we’re using this space to recap this year’s most dramatic moments in cryptocurrency markets – and highlight the key …

Market Wrap Year-End Review: When Institutions Cashed Out of Bitcoin Read More
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Polkadot Leads Altcoin Losses After Bitcoin Is Rejected at $52K

December 28, 2021 - by - Leave a Comment

Bitcoin failed to hold above $52,000 after briefly breaking through the resistance level on Monday, and slipped below $49,500 in early European trading hours on Tuesday, pulling the broader market …

Polkadot Leads Altcoin Losses After Bitcoin Is Rejected at $52K Read More

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