Tag Archives: Bull Market

Ethereum Could See More Pain Before Face-Melting Bull Market

Just like bitcoin, Ethereum has been correcting ever since it posted a high in June 2019. From last year’s high of $363.30, the number two cryptocurrency has lost over 62% of its value. Those losses are significantly magnified if you consider that Ethereum traded at $1,424.30 in January 2018. From the all-time high, ether has already shed over 90% of its value. Continue reading Ethereum Could See More Pain Before Face-Melting Bull Market

Canaan’s American IPO Is a $100 Million Bet on a Bitcoin Bull Market

Bitcoin mining is a delicate balance of these three factors: equipment efficiency, electricity costs, and bitcoin price. Miners often have control over the first two factors but they are at the mercy of the dominant cyptocurrency’s volatility. Fortunately for miners, there’s one event that can help them stay profitable. Continue reading Canaan’s American IPO Is a $100 Million Bet on a Bitcoin Bull Market