Category: Bitcoin (BTC)

Bitcoin’s 10% Drop Shrugged Off – Traders Expect More Big Dips On the Way Up

Bitcoin’s 10% Drop Shrugged Off – Traders Expect More Big Dips On the Way Up

Bitcoin investors are shrugging off the recent drop in value that saw a loss of over 10.9% on Sunday. A number of speculators believe the price is still very bullish but expect some more big dips along the way. Meanwhile, optimism has been cushioned as onchain statistics show that exchange withdrawals also surpassed deposits on […]

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Publicly Traded Firms Launch New Mining Rigs, Less Hashrate Than Competitors

Publicly Traded Firms Launch New Mining Rigs, Less Hashrate Than Competitors

Two of the top mining manufacturers from China that recently had initial public offerings (IPO) released two new mining rigs. Canaan Inc. and Ebang Communications both have shares listed on the Nasdaq stock exchange, and the two firms just launched two ASIC mining devices with hashrates up to 63 terahash per second (TH/s).The two Chinese […]

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