Bitcoin risks 30% loss against XRP if ‘triple bottom’ confirms
XRP has significantly lagged behind Bitcoin in 2024, but a recent Mt. Gox- and German government-led sell-off in the BTC market may spark renewed interest in the altcoin.
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Listed firm sells $14M of shares for 1 EH/s in Bitcoin mining power
A U.S.-based mining firm has inked agreements with foreign investors to issue $13.9 million in shares in exchange for Bitcoin miners pushing 1 EH/s in hash power. 2587 Total views 19 Total shares The Nasdaq-listed Bitcoin (BTC) mining company Bit Digital has announced it will issue $13.9 million in shares in exchange for mining hardware.According…
100%+ BTC price gains? Bitcoin faces ‘massively overvalued’ stocks
Bitcoin posted a classic "Uptober," but risk assets across the board risk a serious contraction, forecasts warn. 332 Total views 1 Total shares Bitcoin (BTC) will “reassert” itself to deliver over 100% annual BTC price gains, says one of the crypto industry’s major proponents.In an interview with CNBC airing Oct. 5 and published Oct. 31
Bitcoin drifts into weekly close while Fed rate hike looms as next major BTC price trigger
Bitcoin (BTC) upped the volatility into the weekly close on March 13 as markets braced for geopolitical and macro economic cues.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewLong-awaited Fed action set to come this weekData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it again came close to testing $38,000 support during Sunday.The pair had seen…
Price analysis 1/8: BTC, ETH, XRP, LTC, ADA, DOT, BCH, XLM, LINK, BNB
Bitcoin (BTC) again rose to a new all-time high on Friday as bulls continued to buy on every minor dip. As the price reached a new high, Bitcoin’s market capitalization soared above $775 billion, taking it past Facebook’s market cap, according to the website Companies Market Cap. This means, there are only six companies in…
Conservative U.S. Think Tank Denies Need for Federal Digital Currency
Conservative United States think tank the Heritage Foundation argues that instead of launching a central bank digital currency (CBDC), the government should ensure that the public can use the currencies they prefer, including private ones.In a commentary piece published on Feb. 12, the Heritage Foundation notes that Facebook’s Libra global stablecoin project “is just the…
DeFi who? NFTs are the new hot stars on the crypto block
The last bull run of 2017 was defined by the initial coin offering craze, which took a turn for the worse with foreseeable consequences for overvalued projects that had little more than a team and a poorly written white paper. While many useful projects were able to blossom from the ICO era, including Ethereum and…
Hive Digital says BTC miners bought last Dec have already paid themselves off
Hive Digital made a sizeable ASIC miner purchase in December 2022. Just one year later, thanks to a Bitcoin boom, the crypto miner says the rigs have paid for themselves. 176 Total views 1 Total shares Bitcoin (BTC) miner Hive Digital Technologies says the move to acquire a fleet of Bitmain mining rigs last year
HIVE Blockchain to expand mining operations with new Intel ASIC chips
The Bitcoin mining company is expanding to Texas with new custom-built 'greener' mining devices that will be powered by Intel Bonanza Mine chips. 111 Total views 18 Total shares Publicly traded crypto mining company HIVE Blockchain Technology has signed a deal to buy ASIC chips from semiconductor manufacturer Intel that will be used in their…