Despite a particularly shaky month, new research suggests that bitcoin miners pulled in a hefty amount of revenue in May – the month of the highly-anticipated third halving.The Halving Didn’t Affect Bitcoin Earnings MuchMay really had everyone up in arms over the halving. The event had people excited just as much as it had them worried. Crypto analysts went back and forth about what would happen following the halving. Crypto would go up very quickly; it would come down with a thundering...
Read More »Bitcoin Hits $10,000 Again
Bitcoin has shot past the $10,000 mark again.Bitcoin Has Hit the Five-Figure MarkThe surge follows news that the United States is suffering from civil unrest. With so many riots in the streets and violence occurring in what appears to be every major city, it’s no wonder that bitcoin has shot up more than $600 in a single night.Just yesterday, the world’s number one digital currency by market cap was trading at around $9,500, though at press time, this figure has jumped past $10,100. It seems...
Read More »Has the Coronavirus Contributed to BTC Awareness?
Is it possible that the coronavirus pandemic has managed to help bitcoin in the long run?The Coronavirus Has Served a Loft Purpose, in a WayWhile the virus ultimately caused bitcoin to lose most of its value in mid-March of this year, those losses have largely been earned back. In addition, the Fed has resorted to the excess printing of money and the release of stimulus funds to assist people as they deal with a flailing economy and an illness that very few people really seem to understand....
Read More »Bitcoin halving: Was genau passiert da?
Mit der Rechenleistung die Miner der Blockchain von Bitcoin bereitstellen, tragen sie massgeblich zur Sicherheit bei. Dafür erhalten sie mit jedem erzeugten Block nicht nur die Transaktionsgebühren, sondern auch die sogenannten Block Rewards. Frei übersetzt: “Block Belohnungen”. Alle ca. zehn Minuten “schürfen” Miner einen neuen Block und erhalten als Belohnung die neu erzeugten Bitcoin und die angefallenen Transaktionsgebühren. Diese integrierte Inflation bei Bitcoin die auf...
Read More »Could the Coronavirus Negatively Affect the Halving?
Bitcoin is about to enter new “halving” territory in the coming days, and many analysts are unsure of what to make of the event considering the COVID-19 pandemic continues to rage on.The Halving Could Be Hit By COVID ConditionsAt first glance, it doesn’t look like a health scare of this magnitude would affect a single asset so heavily, but clearly bitcoin has been hit hard over the last three months. The currency was initially trading for well over $10,000 in mid-February. From there, it fell...
Read More »Bitcoin Halving 2020: Everything You Need to Know
The Bitcoin halving 2020 will be here in just one short week. And while we don’t know the exact date and time yet (more on that in a minute), it’s a fairly big deal. That’s because if we look at previous Bitcoin halvings, we see a pretty clear trend of the Bitcoin price rising shortly after the halving. So what exactly is “the halvening,” why does it happen, and why don’t we know when it will occur? In this article we’ll explain everything you need to know. What does the...
Read More »Bitcoin Is Causing the Entire Crypto Space to Expand
The cryptocurrency space has added a whopping $35 billion to its overall market cap thanks, in part, to bitcoin surging well beyond the $8,000 mark.The Crypto Market Owes Its Gains to BitcoinWhat’s even more impressive is that during yesterday’s early morning hours, the number one cryptocurrency by market cap surged into the low $9,000 range, which means that its present price is something of a correction or a “settling” at something lesser. Still, the market is in extraordinary shape...
Read More »Bitcoin Shoots Past $8,000
Holy mackerel! Bitcoin has fired past the $8,000 mark! What has happened? Not that we’re complaining, but this is a massive gain for a currency that was misfiring heavily up until a few weeks ago!Bitcoin Has Surged Past $8,000Just yesterday, the currency was trading for about $7,700. This, itself, was a massive jump from where the currency was prior. Bitcoin has been struggling since early March. The currency was trading for well over $10,000 in mid-February, but ultimately fell into the high...
Read More »Bitcoin Adds $400 to Its Price
Yesterday saw the price of bitcoin – the number one cryptocurrency by market cap – jump all the way into the $7,500 range. The currency has added more than $400 to its price in just 24 hours. What happened suddenly, and why is bitcoin deciding to return to its old bullish ways?Bitcoin Is On a RollThis is great news for analysts – many of whom have been predicting a solid rise in the bitcoin price over the past few weeks – and for traders, who are seeing the bullish ways of their industry fly...
Read More »The BTC Halving Could Cause a 12-Month Price Spike
Bitcoin is set to undergo a major halving in the next few weeks, and this has sparked several questions amongst both analysts and everyday traders alike.The Halving Could Do a Lot for BTCOne of the big questions regarding bitcoin’s future after the halving revolves around whether it will be possible to perform a 51 percent attack on the world’s number one cryptocurrency by market cap. While bitcoin is the largest and most powerful digital currency and likely won’t fall victim to such a...
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