[ad_2][ad_1] A metric from the bitcoin perpetual futures market suggests that some traders may have been in debt during the recent rally to over $ 18,000. According to data source Glassnode, the average level of the “funding rate” on major exchanges has increased significantly from 0.023% to a five-month high …
Read More »Bitcoin Mining Markets Overheating: Ebang’s $ 41 Million Deficit, Bitmain’s Alleged 2020 Revenue
[ad_2][ad_1] Chinese mining platform manufacturer ASIC Bitmain reportedly grossed $ 300 million in revenue during the first quarter of 2020. Meanwhile, as Bitmain claims to regain market share, the Ebang company recently filed an application with Securities and Exchange. United States Commission (SEC) for Initial Public Offering (IPO) state. However, …
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