Canaan’s 2Q mining revenue jumps 43% on 1Q, but net loss climbs 31%
Bitcoin mining firm Canaan posts second quarter financials, with Bitcoin mining revenue up 43% from Q1 2023, though net loss also rose 31% to $110 million. Go to Source
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Crypto bull run: Traders share their plans for the ‘tornado’ to come
Millions of new crypto investors could be experiencing their very first bull run soon, and those who’ve been through it have shared how they plan to tackle it. Go to Source
Price analysis 8/28: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, DOT
The S&P 500 is attempting a recovery, but Bitcoin and select altcoins are struggling to break above their respective resistance levels. Go to Source
Bitcoin traders pinpoint support levels as BTC price taps $26.2K
It’s all about the 200-week EMA and the area just below $26,000 if Bitcoin bulls are to stand a chance, BTC price analysis says. Go to Source
September ‘crash’ to $22K? — 5 things to know in Bitcoin this week
BTC price is looking frail as August comes to an end, and with Bitcoin bulls out of ammo, traders are preparing for more pain to come. Go to Source
Bitcoin price stability creates lucrative setups in TON, XMR, MNT and QNT
Bitcoin price holding $26,000 could open up some bullish trading opportunities in TON, XMR, MNT and QNT. Go to Source
Bitcoin velocity hits lows last seen before Q4 2020 BTC price breakout
Bitcoin investors sit on their hands at $26,000 — can a velocity rebound reproduce the kind of breakout seen three years ago? Go to Source
Wen moon? Bitcoin halving cycle hints at Q4 as smart money ‘buys the rumor’
Bitcoin miners and “smart money” are the investor cohorts to watch when it comes to late 2023 BTC price action, says Filbfilb. Go to Source
P2P marketplaces need to become unstoppable, permissionless — Paxful co-founder
A new project aims to build a peer-to-peer marketplace to facilitate censorship-resistant, permissionless trading among Bitcoin users. Go to Source
Bitcoin could be worth less than $20K in 2023, US inflation data says
Bitcoin, taking inflation into account, has in fact been a solid store of value since 2017, commentators conclude. Go to Source