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Bitcoin (BTC)

Bitcoin Bulls Eye $83,000 if This Technical Pattern Pattern Plays Out

“It is only a matter of time until Bitcoin makes a new all-time high,” said 10x Research CEO Markus Thielen in a note on June 7. The analyst has observed a “head and shoulders” chart pattern, which is nearing completion. This could result in a “rally towards 83,000 soon,” he said, predicting that this may occur within the next week if resistance is broken. However, bitcoin did hit resistance and retreated to just over $69,000 on June 7. Nevertheless, the analyst remains...

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US-Broker Robinhood kauft Bitcoin-Börse Bitstamp

RobinHood: Das US-Start-up ermöglicht mit seiner App den kostenloses Trading und treibt damit die Digitalisierung des Börsenhanels voran. Robinhood hat gab letzte Woche bekannt, die Kryptowährungsbörse Bitstamp für 200 Millionen Dollar zu übernehmen. Das ist Big News in der Bitcoin-Szene. Denn Bitstamp ist eine der ältesten und angesehensten Kryptowährungsbörsen weltweit. Sie wurde 2011 gegründet und hat ihren Hauptsitz in Luxemburg. Bitstamp bietet eine benutzerfreundliche...

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Bitcoin Miner Core Scientific Partners With AI Firm, Forecasts $3.5 Billion in Revenue

Core Scientific, a top player in North America’s digital infrastructure industry, has announced a strategic partnership involving a series of long-term contracts extending over 12 years with CoreWeave, an AI Hyperscaler. Under the agreement, Core Scientific will supply approximately 200 MW of infrastructure to support CoreWeave’s high-performance computing (HPC) operations. Core Scientific Ventures into AI The partnership is a significant milestone for Core Scientific as it...

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BTC Falls Below $70,000, Triggered by Massive Selloff

As the crypto community awaited BTC to push past its all-time high (ATH) of $73,738, with it inching closer to $72,000, the asset’s price quickly dropped to around $68,500 during the weekend. It now fluctuates over $69,000. The price drop has wiped off most of the gains BTC witnessed the past week, cooling off the momentum it was gaining to set a new ATH. BTC’s reductions come after a massive selloff that saw over $450 million in liquidations as the US government issued its employment report...

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Post Halving Effects – Miners Report Declining Rewards

Bitcoin miners are reporting dropping revenues across the board due to the halving event that occurred in April. Now that it has been over a month since Bitcoin halving, miners are expectedly receiving lesser rewards from the Bitcoin network, compared to what they earned over the previous four years. Halving on the Bitcoin network happens once every four years or after every 210,000 blocks, cutting the block rewards miners receive for mining blocks by half. Four halvings have occurred so far...

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BTC PRAGUE 2024

La conférence annuelle BTC Prague se déroulera du 13 au 15 juin 2024 au PVA EXPO à Prague. « BTC Prague offre aux gens une expérience transformatrice qui approfondit votre compréhension, élargit votre réseau et renforce votre parcours Bitcoin. Que vous cherchiez à approfondir vos connaissances, à trouver votre prochaine grande opportunité ou simplement à vous connecter avec d’autres passionnés...

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Why Did BTC’s Price Tumbled $3K on Friday Despite the Impressive Bitcoin ETF Inflows?

After days and days of registering gains and testing the $72,000 price tag, bitcoin reversed its trajectory on Friday and slumped by more than three grand in hours. The question arises as to why this happened since the inflows into the US-based ETFs keep coming. The Bitcoin ETF Impact It’s safe to say that the biggest and most vital news in the cryptocurrency industry this year has been the ETFs the US Securities and Exchange Commission greenlighted in January. Not the...

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Marathon Digital Sells 63% of Its Monthly BTC Rewards from May

Marathon Digital, the largest Bitcoin mining outfit, sold 63% of the 616 bitcoins mined in May, amounting to 390 bitcoins. Its balance sheets revealed $290.4 million worth of cash and cash equivalents by the end of the month. Marathon’s 616 bitcoins generated was a massive difference compared to other mining companies, as CleanSpark followed it with 417 bitcoins and Riot Platforms with 215 bitcoins. CleanSpark only sold 2.43 bitcoins and Riot none. The Bitcoin halving is pushing miners...

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Riot Stock Rebounds Strongly, Shrugging Off Short Seller’s Report

Riot shares experienced a recovery on June 5 following a report from short seller Kerrisdale Capital. The paper, released just before the Nasdaq opened, accused Riot of mismanagement and predicted the firm’s impending collapse, stating that Bitcoin miners are selling “snake oil.” Kerrisdale ‘Declares War’ on Bitcoin Miners Kerrisdale’s June 5 report said that RIOT was more proficient in “playing energy arbitrage games and issuing stock” than generating value for shareholders...

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