Bitcoin Mining Profits Crushed by Record Difficulty and Historic Hashprice Drop
On Aug. 7, 2024, bitcoin’s price moved within a 24-hour range between $55,742 and $57,607. This lower price bracket has...
Bitcoin
Ethereum (ETH) ETF Launch: Market Reactions and Initial Performance
Ted Hisokawa Aug 07, 2024 10:21 The launch of Ethereum ETFs marks a significant milestone, making...
Peter Schiff Warns Against Owning Bitcoin ETFs, Cites ‘Not Your Keys, Not Your Coins’
Economist and gold advocate Peter Schiff argues that bitcoin exchange-traded funds (ETFs) contradict the core principles of the cryptocurrency by...
Stablecoin Market Sees PYUSD Supply Swell While USDE Shrinks With Redemptions
Over the past 12 days, the stablecoin economy has maintained a similar value, yet the supply of dollar-pegged crypto assets...
Bitcoin tumbles, tests $49,000, amid major crypto selloff
Bitcoin briefly tests $49k before rebounding to $51k amid a $270 billion crypto market selloff. Concerns over the US recession...
Bitfarms boosts production by 33%, increases Bitcoin holdings above 1,000 BTC
Bitfarms said its Bitcoin production and holdings increased last month despite the rising mining difficulty, according to an Aug. 31...
Core Scientific surges 17% after latest CoreWeave announcement
Core Scientific shares climbed more than 17% on Tuesday as the bitcoin mining company announced new developments around its deal...
MicroStrategy boosts BTC holdings with $805M acquisition in Q2
Key Takeaways MicroStrategy acquired 12,222 bitcoins at an average price of $65,882 each during Q2. The company reported a net...
Analyst Predicts Blow-Off Top Ahead
Market analyst and trader Henrik Zerberg predicts a blow-off top in US markets for cryptocurrency and stock sectors. This prediction...
Why Bitcoin’s Latest Crash Is A Historic Buying Opportunity: Bitwise
Bitwise CIO Matt Hougan said Monday that he views the weekend’s violent selloff in crypto/equities as a Bitcoin buying opportunity....
Bitcoin funds see $400 million outflows amid recession fears
Key Takeaways Digital asset investment products saw $528 million in outflows, the first decline in 4 weeks. Ethereum products faced...
Bitcoin Price Tumbles To $61,000: What Next For BTC?
Indeed, the Bitcoin price performance has been one of the high points in the crypto landscape in recent weeks. However,...
Bitcoin and Ethereum Prices Plummet as Solana and Dogecoin Lead Weekly Bleeding
The cryptocurrency market's rough week only got worse early Sunday, with the price of major assets like Bitcoin, Ethereum, and...
Hong Kong’s largest online broker Futu Securities launches Bitcoin and Ethereum trading
Futu Securities launches Bitcoin and Ethereum trading in Hong Kong with zero fees. New users can receive incentives like Bitcoin...
Historic Drop in Bitcoin Revenue Leaves Miners Struggling
After peaking at 677 exahash per second (EH/s) on July 25, Bitcoin’s network hashrate declined to 629 EH/s as of...
Will Bitcoin (BTC) Fall Below $50,000?
Over the past seven days, Bitcoin’s (BTC) value has dropped by 10%. It has trended downward since it exchanged hands...
Trump speech at Bitcoin 2024 triggers $24M in long liquidations amid market volatility
Trump speaking at Bitcoin 2024. Source: Bitcoin Magazine Livestream. Key Takeaways Trump's speech at Bitcoin 2024 led to a sharp...
Abu Dhabi Unveils Blockchain Center to Drive Blockchain Innovation
A center aiming to drive blockchain innovation and establish Abu Dhabi as a hub for top global events and workshops,...
Trump Advocates Bitcoin to Solve $35 Trillion US Debt Crisis
Former US President and Republican candidate Donald Trump continues to champion Bitcoin as he campaigns for re-election this November. In...
US Government’s Bitcoin On The Move, But Are They Really Selling?
There have been speculations that the US government has sold a significant portion of its Bitcoin holdings following its recent...
Bitcoin miner CleanSpark increased BTC treasury by 567% since 2023
US Public Bitcoin miner CleanSpark has released its unaudited Bitcoin mining and operations update for July 2024. It reports mining...
Riot Platforms Acquires 16.9% Stake in Bitfarms Ltd.
Rebeca Moen Aug 03, 2024 13:04 Riot Platforms, Inc. reports a significant stake increase to 16.9%...
