MiningStore’s Weekly Rundown A SLOW WEEK WITH NEW OPPORTUNITY The crypto market cooled down a bit this week. Bitcoin led the downturn by coming off the $14K USD high to retrace about 43% (down to $10K USD) over five days. With bitcoin’s impressive performance skyrocketing to a 170% increase over 58 days at its peak last week, don’t be fooled into thinking the markets have turned into bear territory. The bull trend is still alive and kicking. Bitcoin...Continue Reading
Institutional money flowing into BTC Bitcoin has had a massive week, smashing upwards of $11… $12… $13 and even touching $14K USD before a significant correction back to $10.5K USD overnight. It’s safe to say we are right in the midst of the next bull run. Some key drivers pushing this growth can be seen across the institutional markets with a general run up in gold as well as safe haven assets. Institutional money looks to be flowing...Continue Reading
This paper was written to provide an entry level understanding of blockchain projects and cryptocurrency. Beginners to cryptocurrency may find it difficult to understand where a digital asset derives its value from. However, by understanding the key properties of digital assets including decentralisation and encryption, and making clear comparisons to the current centralised monetary system, it becomes obvious why digital assets hold such value in our economic system. It is important to remember that the majority of the...Continue Reading
The Crypto journey has taken us on is like the first adventure you took with your friends or family to a destination that was unknown or unfamiliar. The beginning of this journey was spontaneous. You planned very little but let the excitement of the new adventure take you with it. Your intentions seemed clear at the start of this journey… you were getting involved with something that was fun, involved risks but ultimately something you believed in and...Continue Reading
It has almost been a year since MiningStore Australia became a registered business, and now is the time to reflect on the outstanding achievements our community has accomplished. Despite the relentless claws of the bear digging deeper into the crypto market, MiningStore and our beloved community has achieved some outstanding results that each member should be proud of. The community What started as a group of 20 Australian crypto fanatics is now a much larger family of over...Continue Reading
Recent Comments