Bitcoin Price Drop Causes HUGE Loss for Bitcoin Mining Revenue

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15,562 Total views After the halving, crypto exchanges selling Bitcoin, which they collected in trading fees, may pose the biggest threat to the ongoing Bitcoin rally as miners earn less BTC. Following the Bitcoin (BTC) halving on May 12, traders generally expect the price of the top-ranking cryptocurrency by market capitalization to drop. According to a prominent on-chain analyst, … Read more

Bitcoin’s resilience

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Tim Draper is a founding partner of Draper Associates and headmaster at Draper University. Something important happened with the failure of Mt. Gox. The price of bitcoin only dropped about 20 percent, and the currency continued to be traded on other exchanges. I was flabbergasted and fascinated. I realized that the demand for this new … Read more

Bitcoin Cash Price Climbs 11% to Hit 2-Month High

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[corner-ad id=”1″] The price of bitcoin cash rose more than 11 percent on Tuesday, pushing its price to a new two-month high. Market data shows that the cryptocurrency’s price has risen 30 percent since Sunday, and is currently trading at roughly $623. Bitcoin cash is the fourth-largest cryptocurrency by market capitalization, CoinMarketCap data shows. The price of BCH … Read more