Month: June 2025

Bitcoin Mining Profitability Improved in May, JPMorgan Says

The total market cap of the 13 U.S.-listed miners that JPMorgan tracks rose almost 20% in May, as bitcoin BTC rallied and mining profitability increased, the bank said in a research report Monday. The Bitcoin network hashrate rose about 25 exahashes per second (EH/s) to an average of 897...
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SHIB Under Pressure, Below Ichimoku Cloud After High-Volume Overnight Selling

Shiba inu SHIB, the world’s second-largest meme token by market value, trades in the bearish territory below the Ichimoku cloud after facing high-volume selling overnight. The Ichimoku Cloud, a technical indicator developed by a Japanese journalist in the 1960s, is used to analyze market trends, identify support and resistance...
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