Bet more on the Bitcoin miners cashing in on AI
Supplying AI apps with computing power is a multibillion-dollar opportunity for Bitcoin miners.
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The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision.The market data is provided by the HitBTC exchange.Only a handful of hedge funds have invested large sums…
Bitcoin price slips below $47K as stocks, crypto prepare for this week’s FOMC meeting
BTC, altcoins and stocks sharply sold-off as pressure builds ahead of this week’s FOMC meeting and the possibility that the Fed will taper its easy-money policies. 480 Total views 11 Total shares Bitcoin (BTC) bulls are once again on the defensive foot after the breakout momentum that put the price above $50,000 on the weekend…
Bitfarms set to acquire 48,000 new miners in 2022 despite chip shortage
Chinese supplier MicroBT will be providing the new hardware over the next two years. 1318 Total views 12 Total shares One of the largest publicly traded Bitcoin mining operations in the world, Bitfarms, has undertaken to purchase 48,000 new miners over the next two years.The Canadian mining company has sourced the equipment from Chinese supplier…
$90M Daily? What Would It Mean to Sustain Bitcoin Price at $100,000
Industry executives and famed technical analysts including Morgan Creek CEO Mark Yusko and trader Peter Brandt predict Bitcoin (BTC) to reach $100,000 in the long-term. For that to happen, the top cryptocurrency needs to see consistent accumulation.According to options trader Theta Seek, for the price of Bitcoin to remain stable at that price point, investors…
Aussie banks ANZ and NAB won’t ‘endorse’ retail speculation on crypto
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FBI Outline Key Features of Scam ICOs, Warns Investors to Be Vigilant
The United States Federal Bureau of Investigation (FBI) has outlined what it believes to be the consistent threads running through fraudulent initial coin offering (ICO) schemes. The Bureau’s perspective was shared in an interview with Netherlands-based financial news site the Paypers on Feb. 19.According to the FBI, the key strategies of scam offerings include misrepresentations…
Developers seek solutions for Web3-related scams from internet browsers
A new suite of tools for Web3 businesses targets the safety and security of transactions, websites and smart contacts to combat exploits. 525 Total views 1 Total shares Own this piece of history Collect this article as an NFTA big concern for users in decentralized finance (DeFi) is its susceptibility to exploits. A report from Privacy…
Bitcoin whale wallets move $61M in BTC after a decade of dormancy
The two wallets acquired a total of 1,000 Bitcoin more than 10 years ago — when BTC was worth $134 each.