Bitcoin (BTC)

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...

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...

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...

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...

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...

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...

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...

In den letzten Jahren hat der Kryptowährungsmarkt enorme Aufmerksamkeit und Investitionen auf sich gezogen. Bitcoin, Ethereum und andere digitale Währungen haben beeindruckende Höhen erreicht und dabei einige frühe Investoren reich gemacht. Doch die Frage, die sich viele stellen: Ist der Zug mittlerweile abgefahren? Lohnt es sich noch, in Kryptowährungen zu investieren? Historische Volatilität und aktuelle Trends Die Geschichte der Kryptowährungen ist geprägt von extremer...

History doesn’t rhyme but tends to repeat itself, which is something that has been happening in the crypto industry in the past few weeks. In this case, bitcoin and the rest of the market dropped hard on Friday evening, similar to the events from the previous one. BTC’s Friday Drop It was last Friday when the primary cryptocurrency tested $69,000 but failed and the subsequent rejection pushed it south by over two grand. The weekend was quite uneventful as the asset had...

In a surprising turn of events on May 21, the SEC requested exchanges like NASDAQ, NYSE, and CBOE to fine-tune their application filings for ETH ETFs. Now, Gary Gensler’s comments state that final approvals may be very close. With BTC ETFs approved a little over five months earlier, the crypto industry rejoiced when the SEC asked for ETH ETF filings and approved it on May 23. This first step in greenlighting the ETFs required exchanges to submit their 19b-4 filings to the agency. The next...