How 1,500 new Bitcoin millionaires per day deal with getting rich

Compass Mining parts ways with 15% of its workforce while senior employees and executives take major pay-cuts in the wake of the cryptocurrency downturn. 102 Total views 3 Total shares Ongoing strife in the cryptocurrency space has forced Compass Mining to lay off 15% of its employees while top executives and staff take major pay-cuts.The…

The Ethereum Merge has officially taken place, marking the full transition of the network to proof-of-stake (PoS). On Sept. 15 at 06:42:42 UTC at block 15537393, the long-awaited Merge saw the merging of the Ethereum mainnet execution layer and the Beacon Chain’s consensus layer at the Terminal Total Difficulty of 58750000000000000000000, meaning the network will no…

Bitcoin (BTC) tested support at $7,500 on April 24 after a surprise surge saw the cryptocurrency beat out resistance and reliance on stocks.Cryptocurrency market daily overview. Source: Coin360BTC price puts in a $7.5K foundationData from Coin360 and Cointelegraph Markets showed BTC/USD attempting to form new support at $7,500 on Thursday.Since hitting a high of $7,760…

Every time a new Bitcoin (BTC) all-time high is formed, excessive expectations follow. This time was no different as its price briefly touched $69,000 in the early hours of Nov. 9. Bitcoin 8h, we got our November 9th historical correction, seems to be very minor for now. Naturally I expect at bigger correction after we hit…

Bitcoin’s (BTC) volatility hitting its lowest since late 2018 has forced investors to turn to altcoins that could act as more lucrative investments in their portfolios. Cardano (ADA) has been one of the largest benefactors of this move. Its price has rallied around 400% in 2020; its market capitalization has almost quadrupled to surpass Bitcoin…