Bitcoin closed below the major $30,000 support level on yesterdays daily candle. The question going forward now: is this a breakdown or a fakeout? Yesterday’s red close is significant, and is hinting to some wild price movements in the not so distant future. I am talking about the next few days. I have spoken […]
The post Urgent Bitcoin Price Action Update! Breakdown or Fakeout? appeared first on Equity.Guru.
Bitcoin’s down almost half of its high point mark achieved earlier this year, and naysayers are chuckling about the things they’ve always known about the currency. Like…
The high price of Bitcoin has started an arms race between bitcoin miners to see which company can scale the largest, while maintaining the lowest overhead. But the unforeseen consequences of that are its contribution to the ongoing environmental calamity brought on by burning fossil fuels to close blocks. The results are mergers and… Read More »Riot Blockchain’s (RIOT.Q) bid to keep up in the Bitcoin arms race has unintended consequences
Cryptocurrency mining gobbles up a lot of expensive power every year. The stats are in and they’re staggering. A month after Bitcoin halved, the price to mine 1…
Hive Blockchain Technologies (HIVE.V) closed its previous announced acquisition of the dedicated cryptocurrency mining operation in Lachute, Quebec from Cryptologic (CRY.C) today. Don’t you love it when a…
Bitcoin’s volatility is hard to gauge. Minor spikes and dips happen all the time, and what cryptocurrency enthusiasts consider to be minor are catastrophic and atmospheric bounces to…
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