Major Chinese cryptocurrency miners are betting on increasing Bitcoin investments in the next six months which will help keep them in business after the May 12 halving. The sentiment was found in a survey conducted by crypto services firm RockX on May 4, 2020. According to this survey, approximately 57% of the total Chinese cryptocurrency miners believed that a large influx of new investors was...
In an eventful month for the cryptocurrency market, October 25 saw Bitcoin price surge by 42% in 24 hours; its highest single-day rally since 2011. The price pump saw the number 1 cryptocurrency, move from $7,400 per Btc to $10,400 within a few hours; setting the tone for a bullish scenario. Although a retracement to below $10,000 ensued, traders and investors sure had taken profits; with many of...
Welcome to the NairaEx/Bitcoin.ng monthly newsletter. Here we refresh all crypto activities from the past month and projections for the new month. Stay tuned The month of August played sideways for the cryptocurrency community. While there major events and announcements, the market and price movement did not grow significantly as Bitcoin (BTC) closed the month below the $10,000 support; just as...