Cryptocurrency market capitalization has stabilized at $3.7 trillion as traders exit and institutional investors increase their investments in BTC and ETH. “Bitcoin is approaching its 50-day moving average again. Frequent testing of this medium-term trend signal line indicates accumulated fatigue…
In July, Bitcoin mining revenue reached its highest monthly figure since the last halving in 2024. JP Morgan analysts examined this interesting data in their report. According to the study, miners received an average of $57,400 per EH/s (exahash/second) in…
Bitcoin miners struck it lucky in July, earning their highest revenue since the halving in April 2024. In fact, mining revenue in July increased by about 19.42% compared to June. Bitcoin Miners Celebrate Surprise July Success Bitcoin's price action last…
Bitcoin (BTC) mining difficulty hit an all-time high of 127.6 trillion this week, indicating an increase in the network’s computing power. However, a decline is expected on August 9, with a drop of about 3% predicted to bring the difficulty…
Bitcoin (BTC) mining difficulty hit a record high of 127.6 trillion this week, but is expected to drop during the next difficulty adjustment on August 9. According to CoinWarz, mining difficulty is expected to decrease by around 3% to 123.7…
In a note published on Friday, JP Morgan analysts noted that Bitcoin miner revenues in July reached their highest monthly level since the last halving in April 2024. Analysts Reginald L. Smith and Charles Pierce indicated that miners were able…