We use cookies. This helps us run our website and give you a better experience. By using our site, you agree to our cookie policy.

Useful Tips

View all
The Bitcoin market is optimistic

BTC Powers Back to $50K

Bitcoin is gaining ground! BTC price is on the move again, hitting its highest level since mid-May. It peaked at $50,270, adding 3% on the day. It has recovered more than 72% since June. The crypto asset’s overall market valuation is currently at $942 billion. This could be a sign that the “capitulation period has ended and the market is back on solid ground,” Coin Metrics wrote in a Tuesday newsletter.

Bitcoin's position has been recovering from a local bottom in late June and early July, after China started cracking down on crypto mining in the country. Some mining operations are starting to resume online in new locations, so the worst is probably over. The cryptocurrency recovery is also taking place as some of the more established financial companies offer their clients access to crypto. For example, PayPal Holdings Inc said it will allow UK customers to buy, sell and store bitcoins and other cryptocurrencies.

Summing up, Bitcoin has climbed 82% since January and remains around $50,000. Some traders and analysts expect BTC to surpass an all-time high of $64,000 by the end of the year. Of course, nobody knows what will happen, but the forecasts predicting the latter scenario seem to come true if Bitcoin prices continue to move in the same direction. So now is a great time to grow your mining network, increase your BTC profits, and use additional boost features in order to be in a winning position later!

Published: 31.08.2021

Recently Added

Easier miner choice and lower prices
USEFUL TIPS

Easier miner choice and lower prices

We’ve made choosing Pool Miners easier than ever. The updated selection page is now simpler, faster to use — and packed with better deals.
First collective journey completed!
USEFUL TIPS

First collective journey completed!

Hey, campers! Congrats on the journey finale. The cashback campfire has burned bright, and thanks to your efforts, the whole community felt its warmth. Now, everyone can enjoy X5 cashback on all purchases.
Cashback campfire: X5 cashback achieved!
USEFUL TIPS

Cashback campfire: X5 cashback achieved!

The rewards are at their peak: X5 cashback across the ecosystem! Every action has added warmth to the campfire which brought you closer to big rewards.
Scroll to top