This week’s been quite the ride in the crypto markets, which currently stand at a total capitalization of around $1.68 trillion. That’s down some $50 billion throughout the past seven days, which have been particularly volatile, so let’s dive in. Bitcoin’s price went mad this week. On January 19th, it skyrocketed above $41.5K in a violent green candle and consolidated at that level for a few weeks, but it was on the 22nd when things started taking a turn for the worst. BTC...
Read More »Bitcoin Price Rises 4%, Will Bitcoin Minetrix Benefit Also?
Bitcoin’s (BTC) price has risen over 4% in the past 24 hours, buoying the overall cryptocurrency market. This price increase has led some investors to speculate that Bitcoin Minetrix (BTCMTX), the presale Stake-to-Mine project, could ride Bitcoin’s coattails as it gears up for exchange listings soon. Bitcoin Breaks Crucial $40k Barrier Amid Growing Bullishness Bitcoin is moving again, with the world’s top cryptocurrency pushing past the crucial $40,000 resistance level. At...
Read More »Setback for Craig Wright as UK Supreme Court Refuses Appeal in Libel Case
The U.K. Supreme Court has rejected Craig Wright’s request to appeal a decision in his legal dispute with popular Bitcoin podcaster Peter McCormack, as reported by a lawyer on Thursday. The recent development seems to be another setback for the Australian computer scientist. Despite his persistent claims of being Satoshi Nakamoto, he has been unable to provide convincing evidence and has initiated legal actions against those who doubted his assertion. Peter McCormack Wins...
Read More »Dis Siri : le minage c’est bien ?
Proposée par Sébastien Gouspillou, CEO de BBGS, cette conversation avec ChatGPT répond à une charge de Luc Julia contre Bitcoin, qualifié « d’aberration écologique ». Luc Julia est un des concepteurs de l’assistant vocal Siri. Sébastien : Le bitcoin mining est-il une catastrophe écologique comme l’affirment certains ? ChatGTP : Le débat sur l’impact environnemental du Bitcoin mining est complexe. Certains critiquent sa consommation...
Read More »Doge, Solana and Bitcoin Approach Interesting Zones as GFOX Presale Eyes $3Million
Large drawdowns are part of the game in the crypto world, and every bull market typically sees several harsh retracements of 20% or more. Overleveraged traders get wiped out, and everybody flips bearish. Then, suddenly, there’s a recovery. After a months-long run-up to the ETF approval, a drawdown, in retrospect, was inevitable. However, after a great deal of carnage and precipitously falling red candles, Dogecoin (DOGE), Solana (SOL), and Bitcoin (BTC) targets are now in...
Read More »OKX Axing Its Mining and Related Services
CoinspeakerOKX Axing Its Mining and Related Services OKX did not elaborate on the reason for this decision but simply said that it was due to business adjustments. OKX Axing Its Mining and Related Services
Read More »JPMorgan: GBTC Profit-Taking Is Likely Over as Bitcoin Recovers Slightly
CoinspeakerJPMorgan: GBTC Profit-Taking Is Likely Over as Bitcoin Recovers Slightly The JPMorgan analysts highlighted BlackRock and Fidelity Investment’s spot Bitcoin ETFs as emerging competitors to GBTC. JPMorgan: GBTC Profit-Taking Is Likely Over as Bitcoin Recovers Slightly
Read More »Cantor Fitzgerald: Bitcoin Miners to Struggle to Turn Profits Post-Halving
CoinspeakerCantor Fitzgerald: Bitcoin Miners to Struggle to Turn Profits Post-Halving The analysts at Cantor Fitzgerald expect two firms – Singapore-based Bitdeer and US-based CleanSpark – to remain profitable post-halving. Cantor Fitzgerald: Bitcoin Miners to Struggle to Turn Profits Post-Halving
Read More »Bitcoin Critic Peter Schiff Predicts $10 Million BTC Price If This Happens
CoinspeakerBitcoin Critic Peter Schiff Predicts $10 Million BTC Price If This Happens Schiff also criticized mainstream media coverage of Bitcoin ETFs, noting that many analysts expressing caution now did not offer such warnings before their launch. Bitcoin Critic Peter Schiff Predicts $10 Million BTC Price If This Happens
Read More »Canaan Secures $50M in Preferred Shares Sale to Bolster Expansion Efforts
CoinspeakerCanaan Secures $50M in Preferred Shares Sale to Bolster Expansion Efforts Canaan disclosed in the SEC's Form 6-K filing that the new funding round would enhance its research and development capabilities, support innovation in its crypto mining rigs, and expand its production scale. Canaan Secures $50M in Preferred Shares Sale to Bolster Expansion Efforts
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