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Crypto Analyst Compares 2024 to 1995, Forecasts Bitcoin Bubble on the Horizon

There will be no sharp correction following any potential interest rate cuts by the U.S. central bank in September or November. This is the prediction from analyst ‘RamenPanda’ who explained their thinking in a lengthy post on X on June 27. The analyst noted that during times of financial crisis, such as in 2008, the Fed cuts rates to preserve the economy. However, in that scenario, markets fared worse, and stocks fell following the cuts. We all know it’s pretty certain that...

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Bitcoin Miner CleanSpark (CLSK) Buys Out GRIID In $155 Million Stock Transaction

CleanSpark (CLSK) – one of the largest publicly traded Bitcoin mining firms – announced on Thursday that it had acquired one of its smaller competitors, GRIID Infrastructure, in an all-stock deal. The $155 million deal immediately brings 20 megawatts (MW) of additional power to CleanSpark to bolster its mining operations. Another 400 MW of power is expected to be added in Tennessee over the next two years. CleanSpark Acquired GRIID For $155 Million The merger agreement...

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Dormant Bitcoin Miner Wallet Resurfaces After 14 Years, Transfers 50 BTC to Binance

According to blockchain analytics platform Lookonchain, a Bitcoin wallet that had been inactive for 14 years has reemerged. The entity deposited 50 BTC worth around $3.05M to Binance. Early Bitcoin Miner Wallet Moves 50 BTC The dormant wallet, belonging to an early Bitcoin miner, sprang to life on Thursday, moving its entire balance of 50 BTC worth roughly $3.05 million to the cryptocurrency exchange Binance. A miner wallet woke up after being dormant for 14 years and...

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Spot Ethereum ETFs Could Launch Next Week, Minor Issues Remain: Report

The US Securities and Exchange Commission (SEC) might approve the latest tweaks about the spot Ethereum ETFs by July 4, as discussions between asset managers and regulators reach their final stages. While speaking to several industry insiders, Reuters observed that eight asset managers, including BlackRock, Franklin Templeton, and Grayscale Investments, are closing in on the final stages. Many of these firms launched spot Bitcoin ETFs in January after a decade-long struggle...

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Le Paradigme Bitcoin – Edition 2024

La troisième édition du Paradigme Bitcoin aura lieu les 28 et 29 juin 2024 au Théâtre de l’Heure Bleue à La Chaux-de-Fonds dans le canton de Neuchâtel en Suisse. Programme Vendredi 28 juin 8h30 – 9h30 – OUVERTURE DES PORTES 9h30 – 10h15 – INTRODUCTION PAR JACQUES FAVIER10h30 – 12h00 – LE GÉNIE DE LA MACHINEConférences et table ronde sur la complexité de l’horlogerie et celle Bitcoin avec Samuel Guillioz, horloger créateur...

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SOL Price Skyrockets 7% in Minutes as VanEck Files for Solana ETF in the US

Cryptocurrency-based exchange-traded funds continue to be on the main stage in the US, with the latest filing from VanEck taking into account the fifth-largest digital asset – Solana. Shortly after the news broke, the native token’s price shot up by 7% to $150. Matthew Sigel, the company’s Head of Digital Assets Research, highlighted the development on X. He noted that the firm believes Solana is very similar to Ethereum as it operates as an “open-source blockchain software...

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