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Bitcoin Mining Revenue Reaches a 2020 Yearly High of $21 Million per Day

Bitcoin Mining Revenue Reaches a 2020 Yearly High of $21 Million per Day

Bitcoin (BTC) mining revenue has hit a new 2020 record, with $21 million per day earned on November 18.

Justin Sun Tweets Tron just Issued $1.3 Billion in Tether, Here's What it Means for Crypto

Justin Sun Tweets Tron just Issued $1.3 Billion in Tether, Here's What it Means for Crypto

While the broader cryptocurrency market is still reeling from a multi-year bear market since 2017, stablecoins like Tether are seeing action. Billions of dollars in USDT have been issued since its launch and the addition of Tron-backed stablecoin issuance, coupled with the now-concluded Bitcoin halving, signals a volatile period ahead for crypto traders and investors.

Grayscale Investors Buying Bitcoin at Remarkable Rate Despite Goldman Sachs’ Skepticism

Grayscale Investors Buying Bitcoin at Remarkable Rate Despite Goldman Sachs’ Skepticism

New data indicates that institutional clients are increasingly buying Bitcoin via Grayscale Bitcoin Trust despite warning from Goldman Sachs.

Bitcoin Halving Reduces Mining Rewards for Third Time in Brief History

Bitcoin Halving Reduces Mining Rewards for Third Time in Brief History

The most anticipated event for cryptocurrency has come to pass. Bitcoin’s third Halving took place reducing the block rewards from 12.5 to 6.25 BTC per new block for the third time in its history. The first block mined for 6.25-bitcoin was mined and relayed by the fourth largest mining pool by total computer power, Antpool.

Pantera Capital CEO Dan Morehead Predicts Bitcoin Price Rebound Despite Slow Economic Recovery

Pantera Capital CEO Dan Morehead Predicts Bitcoin Price Rebound Despite Slow Economic Recovery

In an investor letter, Dan Morehead Pantera Capital CEO explained why the current market environment could be a boom for Bitcoin as investors seek new opportunities.

Gate.io Executive Explains: What Can We Expect for the Upcoming Bitcoin Halving Event and Crypto in 2020?

Gate.io Executive Explains: What Can We Expect for the Upcoming Bitcoin Halving Event and Crypto in 2020?

Bitcoin halving has been suggested as a significant event. Gate.io also released a halving countdown page for nine major cryptocurrencies in 2020, keeping its users informed of the latest status on halvings. “As an exchange, we want to be instrumental in providing useful information about Bitcoin Halving to our users and the overall community,” Tatibouet said.

Bitmain Launches Cheaper Mining Machines After Bitcoin Halving and Losing Market Share to MicroBT

Bitmain Launches Cheaper Mining Machines After Bitcoin Halving and Losing Market Share to MicroBT

Bitmain has launched a cheaper version of a Bitcoin mining machine, Antminer T19, compared to its more pricy predecessor Antminer S19. Bitmain has been losing its market share to its rival, MicroBT, which launched its M30S++ Bitcoin miner in April this year. The Antminer T19 has a hashrate/ mining power of 84 terahash per second (TH/s), and power efficiency of 37.5 joules per terahash (J/TH). The price of this new mining machine is around $1750, while the S19 costs around $1785.

May 13: ALT Coins Give You Wings

May 13: ALT Coins Give You Wings

Trade Strategy: Similar to yesterday. I've closed my long volatility trades, and will start to sell some volatility here and whenever it spikes. While implied volatility has sharply declined from 100% to 80% since Sunday, the longer-term average before the 12 March crash is around 55-60% so there's still juice to be short vol.

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