If you are still wondering whether cryptocurrency mining is profitable, this article is for you! For some time now, cryptocurrency mining has been a financially rewarding endeavor. However, with the unpredictability of the cryptocurrency market, you might be questioning whether mining is still worth it, which type of cryptocurrency to mine, and what are the … Read more
In today’s rapidly changing cryptocurrency mining scene, it is essential for miners to identify the most profitable ASICs (Application-Specific Integrated Circuits) to maximize their profits. Cryptocurrency mining may not be as prevalent as it once was, but it remains vital to the industry and continues to generate significant profits for miners. Consequently, identifying the most … Read more
VC Tim Draper predicts $250K per BTC by the end of 2024. Draper cites the changing political scene and halving event, but Arthur Hayes disagrees. Tim Draper, an American venture capitalist investor, believes Bitcoin‘s value will increase by a factor of 3.5 before the year ends. He further anticipates that the cryptocurrency could reach $250,000 … Read more
Approximately 1.5 billion dollars’ worth of Bitcoin (BTC) futures contracts are due to expire on April 12, implying a possible drop in Bitcoin’s price towards $69,000 as a result of the impending expirations and potential market instability. Approximately $1.5 billion in value of Bitcoin options are set to expire with a put-to-call ratio of 0.62. … Read more
PENDLE’s price dropped by more than 5% in the last 24 hours. Technical indicators looked bearish on the token. Over the last month, PENDLE experienced significant growth with its value increasing by over 100%. However, sharp price rises typically trigger selling from investors looking to cash in on their gains. Consequently, market adjustments occur in … Read more
Bitcoin (BTC) could be on the verge of making a well-known type of advance that occurred before its record-breaking prices in 2017 and 2021. On April 12th, Jelle, a well-known cryptocurrency trader, pointed out in a post on X that a significant intersection was imminent on Bitcoin’s Pi Cycle Top chart. Bitcoin Pi Cycle Top … Read more