BTC Congress gets a crash course on cryptocurrency. BTC Congress witnessed testimony from 6 major crypto CEOs over the past 24 hours, discussing the superior security and transparency of cryptocurrencies compared to the traditional financial system. The hearing, initiated by Representative Maxine Waters, the California Democrat leading the committee, aimed to deepen understanding of rapidly...Continue Reading
BTC Whales and Market Movements BTC Whales should note that there has been no real significant change in the technical structure of BTC since our last report. BTC continues to trade within the rising channel structure, offering bulls hope for a potential continuation to the upside. However, it’s crucial to stay informed about several fundamental...Continue Reading
BTC Technical and Fundamental Report – 17th November In today’s report, we are taking an in-depth look at the technical structure of BTCUSD. Firstly, as usual, we will digest the recent fundamentals in the crypto space. Digital asset investment products attracted $151 million last week, cooling from prior weeks but remained positive. Bitcoin-related funds are...Continue Reading
Bitcoin ATH and the ETF Influence: Unpacking BTC’s Record Surge Bitcoin Fundamental & Technical Update What a ride the past couple of weeks has been with a fairly smooth transition of Bitcoin ATH from $40,000 USD to all-time highs this morning at $66,600 USD (BTC is 666 weeks and 6 days old today), strange coincidence…...Continue Reading
BTC Halving – 908 Day Count Down Surprisingly, China has banned crypto transactions for the ….. 100th time, paving way for the digital yuan (personally I can’t see this catching on). Bitcoin Fundamental & Technical Report – 30th September 2021 It appears as though the Chinese government is attempting to prevent citizens from accessing methods to...Continue Reading
1 BTC Mining What does is cost? 23rd September 2021 Before we get into the juicy information, let’s first take a look at the current market conditions. BTC Fundamental & Technical Update The negative economic news coming from China has weighed on all financial markets this week, including 1 BTC. Risk assets declined due to...Continue Reading
Cathie Woods of ARK has called for a $500k target for BTC BTC – Technical and Fundamental Report US regulatory pressures continue to increase in the crypto space. Here at Miningstore we only see this news as positive as regulation provides clarity and investor safeguards. This would also suggest the US government is anticipating cryptos...Continue Reading
BTC Hodlers are on the rise! Bitcoin – Technical and Fundamental Update Bitcoin has faced a week of consolidation between the 46-50k range, although price action this morning has taken a sharp bullish turn to the upside. The crypto rally is being led by ETH which has moved roughly 15% shy of the record high...Continue Reading
BTC network reset resulted in 7% in mining difficulty Last week the BTC network reset resulted in a 7% jump in mining difficulty as the overall network hash rate continued to climb. The recovery can be attributed to Chinese miners finding sites to deploy their rigs and other investors expanding their own mining operations to...Continue Reading
This week we cover: When will we see Bitcoin break 20k? Ethereum going from strength to strength How Cryptocurrency can help our future? Fear, Greed & Mentality When will we see Bitcoin break 20k? This week saw Bitcoin finally break it’s all time high but also abruptly rejected near the $20,000 resistance. Let’s look at...Continue Reading
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