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Bitcoin Surges Past $30K for The First Time in 10 Months

After hitting as low as $16K in November, Bitcoin seems to be approaching its historic levels again. The world's most valuable cryptocurrency continued its steady rise this week as well, surpassing the $30,000 mark. Bitcoin reached $30,382.10 early on Tuesday, and everything points out that...

Crypto Billionaire Jihan Wu Setting Up Fund to Buy Distressed Bitcoin Mining Assets

Many Bitcoin miners are in the process of liquidating their mining assets in an attempt to deal with the plunging price of Bitcoin and high energy costs. This led to a depression in the value of mining rigs and crypto billionaire Jihan Wu and...

Bitcoin Miners are Selling Stockpiled Tokens to Cover Increasing Costs

The cryptocurrency world is in shambles at the moment and Bitcoin miners are forced to reach deeper into their stockpiled tokens in an attempt to cover increasing costs. This was revealed in a recent report by influential financial outlet Bloomberg. Compiling the data from Coin...