Join Our 800,000+ Community
"Bitcoin saw steady, positive growth over the month of July opening around $42.1K and closing around $47.1K, representing 11.9% MoM gain. Bitcoin’s on-chain volume increased by 22.2% MoM in August. This is an important economic indicator as it helps us see the utilization of the network by stakeholders.
Furthermore, the increased utilization of Bitcoin also helped support a resurgence in mining revenue, especially as the network has rebounded after the China crackdown earlier this year. Miners earned $1.4B in August, representing a 44.6% increase MoM."
-Harsharn Singh
Investment Associate | Ember Fund
Thank you for reading!
Don't forget to come into the app tomorrow to continue learning about crypto!
Enjoying Ember?
October 03, 2023
The referral boost is now DOUBLED! Invite friends to mine Bitcoin at 2x the previous rate!
September 13, 2023
After the incredible success of our last giveaway, we're back with an even bigger 2 MILLION Sat giveaway! 🎉
September 09, 2023
It's time for the August 2023 Recap Newsletter! Here are the product highlights and milestones from the past month.