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Crypto payments platform Wyre shutters citing bear market conditions
17.6.2023
Wyre has begun the process of winding down and noted that interested parties can now start inquiring about purchasing the firm’s assets
Cleanspark Bolsters Hashrate With $40.5M Purchase of 12,500 Bitcoin Miners
1.6.2023
On June 1, 2023, Cleanspark, a publicly-traded bitcoin mining company, declared the acquisition of 12,500 Antminer S19 XP bitcoin miners for $40.5 million. The purchase is expected to raise Cleanspark’s hashrate by an extra 1.76 exahash per second (EH/s). Acquisition to Boost Cleanspark’s...
Ethereum and Litecoin make a move while Bitcoin price searches for firmer footing
9.12.2022
Bitcoin price aims for support at $17,000, while LTC follows a pre-halving narrative and ETH looks somewhat bullish in its BTC pair
Just 8% of Americans have a positive view of crypto: CNBC survey
8.12.2022
CNBC’s All-America Economic Survey was conducted towards the end of November, just a few weeks after the collapse of crypto exchange FTX
Sharp Bitcoin price move expected as volatility hangs at record lows and sellers are ‘exhausted’
18.10.2022
Bitcoin price has been range-bound for 126 days, but analysts say an explosive move is imminent
State Street: Institutional investors undeterred by crypto winter
12.9.2022
A State Street exec says there is an institutional “belief that the asset class is here to stay” and to expect further product launches from traditional finance firms moving forward
German crypto bank Nuri with 500K users files for insolvency
10.8.2022
Nuri stated that it has been facing a “lasting strain” on its business liquidity in 2022 due to “significant macroeconomic headwinds and the cooling down of public and private capital markets.”
Crypto bear market will provide ‘excellent’ M&A opportunities: White Rock CEO
5.8.2022
“The sector has been here before and well capitalized and efficient miners will do just fine,” said White Rock CEO Andy Long
Bloomberg analyst tips bullish BTC recovery in next six months
7.7.2022
The price of BTC could be set for a bullish rebound this year, says Bloomberg’s senior commodity strategist Mike McGlon, as the market shows similar signs to the bottom of 2018
The bottom is in: CNBC's Jim Cramer says crypto has "no real value"
6.7.2022
Mad Money host Jim Cramer has changed his sentiment on crypto again, predicting the total market cap will tank below $1 trillion as “there’s no real value there.”
Bitcoin ‘tourists’ have been purged, only hodlers remain: Glassnode
5.7.2022
Active addresses, entities, and transactions on the Bitcoin network are all moving sideways while the number of wallets holding at least some of the assets continues to reach new highs
June gloom takes on a new meaning in another 2022 down month
1.7.2022
The addresses mainly run by active human traders have notched more than 147,000 addresses for the first time since November
Bear market will last until crypto apps are actually useful: Mark Cuban
29.6.2022
The billionaire investor said a bigger focus on applications and utility outside of finance would bring more back to the crypto space and possibly reverse the declining market