The price of Bitcoin appears to be “stuck in a lion’s den,” according to Reuters, as the cryptocurrency struggles to surpass $20,000. Miners, who have seen the difficulty of mining increase and margins dwindle, have begun dumping the cryptocurrency, causing the first drop in mining difficulty in two months. Mining difficulty drops as miners become […]
Every investor and holder of Bitcoins must be concerned about the evolution of its price. This is not an easy task given the variety of resources providing sometimes conflicting information, opinions and price predictions. However, we’ll make it easy for you and give you just 3 factors to consider when analyzing the price of Bitcoin. […]
Although still represented as a physical coin, Bitcoin is actually a virtual currency, or crypto-currency, that is not tied to a bank or government and allows users to spend money anonymously. Coins are created by users who “mine” them by lending computing power to verify the transactions of other users who use . They receive […]
