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Bitcoin (BTC)

Thailand Raids Illegal Bitcoin Mine After Power Outages

Thailand’s authorities recently raided an illegal Bitcoin mine following several weeks of power outages in a local town. The raid took place on Sunday in Ratchaburi. It is a province located west of Bangkok. They took action after numerous reports of electrical disruptions in the area. Reports by AFP reveal that the early morning raid was conducted by the Provincial Electricity Authorities together with the local police. A chief district security officer named Jamnong Chanwong mentioned that...

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Bitcoin-Preis bald auf 100’000?

Kann der Bitcoin-Preis 100'000 erreichen? Aktuell notiert der Bitcoin-Preis wieder auf gut 64’000 US-Dollar. Doch die grosse Frage ist nun, wie geht es weiter? Genrell ist der Oktober und November eine gute Zeit in Sachen Bitcoin-PReis. Die grosse Frage aber lautet: Kann der Bitcoin-Preis 100’000 erreichen? Vielleicht ist es Zeit, noch...

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Navigating A 2024 Crypto Winter With Safe Havens And Opportunities in Uncertain Times

After every crypto bull run, a crypto winter often follows, resulting in steep price declines for cryptocurrencies and significant financial losses for investors. As the market prepares for a potential 2024 crypto winter, it’s important to identify and navigate assets and crypto projects like ETFSwap (ETFS) that can become safe havens and offer valuable investment opportunities to investors.  Guide To Navigating A 2024 Crypto Winter  The ‘crypto winter’ is a popular term that describes...

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JP Morgan Report Shows Bitcoin Miners’ Profits Dwindling Post Halving

Bitcoin miners facing hardships due to reduced mining rewards, finds JP Morgan. JP Morgan expects Riot and Iren stock prices to climb in the coming months. According to a recently published JP Morgan report, Bitcoin miners are struggling to keep up with the post-halving event as reduced rewards and increasing electricity costs eat through their revenues. The Bitcoin halving that occurred on April 20 cut mining rewards by half, reducing them from 6.25 BTC to 3.125 BTC. Miners have no option...

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ETF Weekly Recap: Only Inflows for Bitcoin but Ethereum Products Register Longest Outflow Streak

Bitcoin ETFs have been on an impressive streak lately, and the last trading week saw more than $500 million allocated to the largest US-based products. However, Ethereum ETFs are in the opposite corner, with minor trading volumes and withdrawals. Bitcoin ETFs on a Roll The spot Bitcoin ETFs had a rough start of the month as they lost more than $550 million in just three days on August 2, 5, and 6. This coincided with the major crash for BTC as the asset tumbled from over...

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