BitFuFu Q3 revenue doubles as rising Bitcoin prices boost miner demand

The average cost of Bitcoin during Q3 last year was $61,000, in contrast to $114,500, according to BitFuFu, which led more miners to buy up machines and use cloud mining to get some for themselves.

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3 reasons Bitcoin struggles to overcome each new overhead resistance level

Bitcoin’s momentum loss continues as long-term holders add to market selling pressure, and rising US dollar strength leads investors to reduce their exposure to risk.

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Bitcoin’s 4-year cycle is broken, and this time, data proves it

Data shows that BTC’s “average annual returns have gradually declined, with no peaks at all in the last cycle, confirming the hypothesis that Bitcoin’s risk/return structure has changed.”

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