Bitcoin’s Price Holds Steady in Weeks Following Massive Crash
At $10,468, the price of Bitcoin is safely above $10,000 for the fifth day in a row, per metrics site Messari. Traders are still waking up in hot sweats after Bitcoin’s price jumped off a cliff, with startling confidence, at the beginning of this month….
Bitcoin’s Energy Consumption Grows, Now Comparable to Czech Republic
In brief The estimated energy consumption of the network is steadily increasing. A recent peak is the highest estimated figure since the halving in May. A new journal report suggests that estimates may even be low. Bitcoin’s estimated energy consumption and environmental impact – due…
September is Bitcoin’s Worst Month & It Can Get Worse This Year – Kraken
Source: Adobe/mdesigner125 September is historically the worst month of the year for the price of bitcoin (BTC), with an average return of -7%, a new report from major crypto exchange Kraken warned. This year, BTC has underperformed relative to historical monthly averages, which, according to…
Bitcoin’s 7.5% Plunge Open Doorways to $10,500, Per Analysts
Bitcoin plunged lower on Wednesday, continuing its correcting downtrend after hitting a near two-week high at $12,086 earlier this week. The benchmark cryptocurrency fell by up to 6.41 percent to $11,160. Its move downhill extended the net pullback to 7.47 percent, signifying a renewed selling…
