The American billionaire investor and hedge fund manager – Bill Ackman – reiterated his support for crypto, maintaining that the sector is “here to stay.” He also endorsed the blockchain-based network Helium, saying the project’s token HNT could “build intrinsic value over time.” Helium’s Merits In a recent series of tweets, the Founder and CEO of Pershing Square Capital – Bill Ackman – argued that Helium is one of the “interesting crypto projects” with numerous benefits. For...
Read More »Bitcoin Plummets Below $16k, Taps Another 2-Year Low
Bitcoin crashed back beneath $16,000 on Monday, marking another 2-year low of $15,588. Bitcoin began to show weakness at $16,000 at roughly 16:30 UDT, when the price briefly wicked down to $15,917. The asset then recovered to roughly $16,000, before crashing again to $15,588 at 19:45 UDT. Ethereum also collapsed below $1,100 to just $1,084 at the time. The last time Bitcoin’s price touched these lows was in early November 2020, prior to Bitcoin’s bull market run that took...
Read More »Bitcoin Miner Sell Pressure Reaches Six Year High
Bitcoin miners are selling their coins at a record pace after the top cryptocurrency by market cap fell to its lowest price in 2022 this month. According to Charles Edwards – founder of Capriole fund – Bitcoin miner sell pressure has skyrocketed by 400% within 3 weeks alone. His data is backed up by a similar finding from Glassnode, which showed total miner balances plummeting to a 10-month low this week. Their holdings are now worth roughly $30.4 billion, representing...
Read More »The Pro Shares Bitcoin ETF Has Seemingly Crashed
Pro Shares became famous last summer when it announced it would be unveiling the United States’ first bitcoin-based exchange-traded fund (ETF). Pro Shares Has Gone from Hero to Zero Many analysts and traders had mixed feelings about the product. On one hand, traders in the U.S. would now be gaining access to a product they had long wished for. Many people were hoping that a bitcoin-based ETF would come along soon, though there were those who doubted the product as it was...
Read More »Bet on Qatar 2022: Take Part in Ticket Rush from 1xBit
Press Release: The 2022 World Cup is just around the corner; it is a breath of fresh air for every nook and cranny of the world. November 16 2022, Limassol, Cyprus — 1xBit, an online crypto betting site, has decided to let the cat out of the bag and let everyone join the Ticket Rush tournament. The Ticket Rush tournament is a rare chance to get a piece of the prize pool set at 3 BTC. What You Need to Know About Ticket Rush Now is the appropriate time if you have been...
Read More »Lancement de Comprendre Bitcoin
Après plusieurs semaines de préparation, Bitstack annonce le lancement de Comprendre Bitcoin. Un projet pédagogique pour découvrir Bitcoin dans un langage simple, clair et accessible à tous. Et je vais personnellement participer à cette belle initiative ! Le Blog Découvrez chaque semaine un nouvel article 100 % Bitcoin que je publierai sur le blog de Bitstack. Au programme : les essentiels de Bitcoin, des articles techniques, des...
Read More »Crypto Mining Firm Canaan Unveils New Line of Machines
Canaan Inc. – one of the largest digital currency mining companies in the world – is unveiling its new crypto mining machine known as the Avalon Made A13 series. Canaan Inc. Is Introducing a New Type of Mining Machine The machine is powered by ASIC technologies and will come in two separate forms. The first is Model A 1346, which features a hash rate of more than 110 TH/s. The second, known as Model A 1366, boasts a hash rate that exceeds 130TH/s. Both machines feature...
Read More »Coinbase Bonds Slump as FTX Contagion Fuels Investor Pessimism
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Read More »Bitcoin Reserves: Binance Clinches Top Spot
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Read More »FTX to Sell or Restructure Global Empire, According to CEO
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