Bitcoin to spend ‘considerable time’ at $66K, HODLing could change that
Bitcoin is just 12% shy of all-time highs, but a trader says it could stay in this zone for at least the next few months unless demand comes through.
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Bitcoin energy pivot achieves what ‘few industries can claim’ — Bloomberg analyst
Bitcoin's hash rate has continued to increase and yet its emissions intensity has been trending down, contrary to most other industries, Bloomberg analyst Jamie Coutts explained. While the Bitcoin network has continued to expand over the years, the Bitcoin mining industry has yet to see a comparable increase in carbon footprint — an achievement that
Texas wants to protect privacy elements of blockchain companies, says Blockcap
According to Darin Feinstein, the Chinese government isn't helping to protect the private property of its crypto miners. 5400 Total views 23 Total shares Crypto mining company Blockcap, which recently announced it would be setting up new offices in Austin, said Texas could become an alluring region for the industry.In an exclusive interview with Cointelegraph,…
Galaxy Digital books $860M in net comprehensive income in Q1
Twelve months earlier, the company recorded a comprehensive loss of $26.9 million. 1342 Total views 6 Total shares Galaxy Digital Holdings, a cryptocurrency-focused investment manager, booked a stellar first quarter on the back of surging digital asset valuations.The company’s net comprehensive income, which includes net income and unrealized income, surged to $860.2 million in the…
Report: Harvard, Stanford, MIT Endowments All Invest in Crypto Funds
Multiple Ivy League and other prestigious U.S. universities are said to have made investments into “at least” one cryptocurrency fund. The report was published by the technology news site Information Wednesday, Oct. 10.Citing an unnamed source, the Information reported that the multi-billion endowments of Harvard University, Stanford University, Dartmouth College, Massachusetts Institute of Technology (MIT),…
Bitcoin Price ‘Not at the Top’ of New Bull Cycle Yet, Data Shows
Bitcoin (BTC) prices have far higher to go during their current market cycle if crowd sentiment takes charge, according to analysis of the Bitcoin Days Destroyed (BDD) technical metric.In social media posts on Aug. 22, Hans Hauge, senior qualitative researcher at crypto investment fund Ikigai, identified Bitcoin sentiment as being similar to early 2017. That…
WazirX restores balances post-hack, withdrawal timeline unclear
The delay in withdrawals has impacted individual investors and raised concerns about the overall security and reliability of cryptocurrency exchanges.
Altcoin Platform Coinexchange.io Closes For Financial Reasons
Altcoin trading platform Coinexchange.io has announced that it is shutting down due to financial difficulties.In an official announcement on Oct. 1, the platform noted that the closure was purely a business decision and is not connected to any security breach or other incident.No longer economically viableCoinexchange.io is currently seeing daily traded volumes of roughly $700,000,…
Celsius amasses 30 potential bidders for its assets, withdrawal motion approved
The bankrupt lender is set to hold auctions for its assets in January, while it's been given the green light to return some customer funds. 486 Total views 6 Total shares Own this piece of crypto history Collect this article as NFTBankrupt crypto lender Celsius Network has attracted 30 potential bidders over its various assets…