At $10,600, Bitcoin price is on track for its second-best quarter ever
Data shows Bitcoin should seal both its best Q3 on record and its second-highest lifetime quarterly close on Sep. 30. Bitcoin (BTC) is on track for its best third quarter ever, data shows as Q3 2020 has just one day left to go.According to price records from on-chain analytics resource Skew, this year should produce Bitcoin’s strongest Q3 in its history.BTC price challenges Q2 2019 closeBTC/USD traded at around $10,680 at press time on Sep. 30. That number comfortably beats any other Q3 close on record, the next highest being last year’s $8,310.What’s more, Bitcoin may seal the second-best....
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The Canadian mining firm expected its Ether production to decrease by more than 20% quarter over quarter, while its Bitcoin mining would rise a modest 2%. Publicly traded crypto mining firm Hive Blockchain is expecting to produce 6,900 Ether (ETH) and 670 Bitcoin (BTC) for the fiscal quarter ending on Dec. 31, marking a respective drop and increase over that of the previous quarter.In a Wednesday notice to shareholders, Hive said it had mined 6,280 Ether from Oct. 1 to Dec. 21, and was on track to mine more than 65 ETH daily for the remainder of 2021. This projected total — 6,900 ETH —....
Bitcoin appears poised to post its second-weakest quarter since the start of 2014. Bitcoin is poised to post its worst-performing quarter since the start of the 2018 bear trend.The current quarter is also on track to be the second-worst on record for BTC ine almost eight years since the start of 2014.According to crypto data aggregator, Skew, Bitcoin is currently down nearly 46% for the quarter, the weakest quarter since Q1 2018 — when it shed approximately 50% of its value over just three months amid the fall-out from 2017’s all-time highs.#bitcoin up 10% year-to-date but on track for....
The CEO of the world’s largest movie exhibition company, AMC Entertainment, says that his company is “on track” to accept four cryptocurrencies by year-end. Dogecoin (DOGE) is expected to be added in the first quarter of next year, and the company is currently figuring out how to take shiba inu (SHIB) as a currency.
AMC Discusses Its Crypto Plans: Dogecoin, Shiba Inu Included
AMC Entertainment Holdings (NYSE: AMC), aka AMC Theatres, provided an update of its crypto plans during the company’s Q3 earnings call Monday.
AMC is the largest movie....
The CEO of the world’s largest movie exhibition company, AMC Entertainment, says his company is on track to accept meme cryptocurrencies dogecoin (DOGE) and shiba inu (SHIB) in the first quarter of this year. Dogecoin and Shiba Inu Coming to AMC Theatres Soon The CEO of AMC Theatres, Adam Aaron, has provided an update on his company’s progress in accepting meme cryptocurrencies dogecoin (DOGE) and shiba inu (SHIB). AMC Entertainment Holdings (NYSE: AMC), aka AMC Theatres, is the largest movie exhibition company in the U.S., Europe, and the world. The company owns or operates....
All and all, the second quarter is about both a technical downside correction and a further institutional boost.