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CleanSpark acquires 5 mining facilities in Georgia
18.6.2024
The new facilities are expected to increase CleanSpark’s hashrate to over 20 exahashes per second by the end of June, spokespeople claimed
Tether Launches Alloy, Opening the Gates for Issuing Gold Standard Compliant Assets
18.6.2024
Tether, one of the largest companies in the stablecoin arena, has announced the launch of Alloy, a series of assets pegged to the value of another asset, but collateralized with gold. The first token in the Alloy lineup is AUSDT, which will track the value of the U.S. dollar using Tether Gold...
Ethereum price to $10K is the most 'asymmetric bet' in crypto — Analyst
18.6.2024
Ether’s potential move to $10,000 would result in a 194% price increase from the current levels, but ETH continues struggling to break the $4,000 mark
Bitcoin Hashrate May Finally Slow as Miners Face Scorching Summer Heatwaves
18.6.2024
Hashrate for Bitcoin network typically becomes flat or declines during North American summer time, industry experts say
Bitcoin analyst 'optimistic' of buying BTC lower as 3 trendlines fail
18.6.2024
BTC price heading under $66,000 costs Bitcoin bulls several daily moving averages — and few see a snap recovery coming next
Ethereum’s recent pullback could be a gift: Dynamo DeFi, X Hall of Flame
18.6.2024
Dynamo DeFi isn’t expecting Ethereum to double anytime soon due to the ETFs but says the recent pullback could be a “gift.” X Hall of Flame
Cleanspark Acquires 5 Bitcoin Mining Facilities in Georgia for $25.8 Million
18.6.2024
Cleanspark Inc. has announced the acquisition of five new bitcoin mining facilities in Georgia for $25.8 million. The deal is expected to close immediately, increasing the company’s operating hashrate to over 20 EH/s by the end of the month. Publicly Listed Miner Cleanspark Obtains 5...
Beercoin Price Sinking but Expert Says This Sealana Meme Coin Could Explode Next
18.6.2024
Solana-based cryptocurrency Beercoin has begun to show weakness after monumental early success. However, another Solana-based meme coin, Sealana, is just days out from its exchange launch, and analysts are hopeful that it could explode next. BEER Plunges Over 30% as Crypto Prices Tumble It’s been...
MicroStrategy Is Pioneering Bitcoin Capital Markets, Bernstein Says
18.6.2024
Michael Saylor’s firm is the only corporation that has developed institutional demand for bitcoin linked convertibles, the report said
Bitcoin Price Decline Continues, Dipping to $64,050 on Bitstamp
18.6.2024
The price of bitcoin (BTC) fell below the $65,000 mark on Tuesday, reaching a low of $64,050 on Bitstamp. At 10:10 a.m. Eastern Time, BTC was trading at around $64,624 per coin. The last time BTC was in this price range was mid-May. Over the past 24 hours, $68.3 million in bitcoin long positions...
Bitcoin tumbles to one-month low, but bulls stay hopeful for rebound
18.6.2024
Bitcoin ($BTC) fell on Tuesday, and so did altcoins like Ethereum and Solana. It was a major hit for BTC since the flagship crypto touched a new monthly low. On Tuesday at 10:26 am, Singapore time, we witnessed it trading at around $65,300. At that time, it had fallen by 2.7%. Dogecoin also posted...
Bitmain’s New S21 Bitcoin Mining Rigs Debut With up to 473 TH/s of Hashpower
18.6.2024
At the World Digital Mining Summit in Las Vegas, Bitmain, a leading manufacturer of application-specific integrated circuit (ASIC) bitcoin mining rigs, introduced two new mining machines. Both models—one air-cooled and one hydro-cooled—boast an efficiency rating of under 14 joules per terahash....
Bitcoin and Ether can “greatly improve” portfolio performance: BBVA
18.6.2024
Bitcoin price has outperformed the returns from the S&P 500 more than threefold in 2024
US Spot Bitcoin ETFs Face Third Day of Outflows, $145 Million Drained on Monday
18.6.2024
U.S. spot bitcoin exchange-traded funds (ETFs) experienced their third consecutive day of outflows on Monday, losing over $145 million. Fidelity’s FBTC continued to lead the outflows with $92 million exiting the fund on June 17. Fidelity’s FBTC and Ark Invest’s ARKB Among...
First Mover Americas: Crypto Majors Slide Further; SOL, DOGE Among Worst Affected
18.6.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for June 18, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin Miners Face 8.4% Profit Decline Amid Falling Hashprice and Market Pressures
18.6.2024
In the last three days, bitcoin miners have experienced an 8.4% drop in profits, echoing a decrease in bitcoin prices. Since then, the network’s hashrate has fallen below the 600 exahash per second (EH/s) mark. Price Drop Squeezes Bitcoin Mining Profits Revenue for bitcoin miners...
Bitcoin dips, but key metrics hint at a bullish future
18.6.2024
Bitcoin ($BTC) has slipped to a value lower than $66,000 at the time of writing this article; however, key metrics point to an optimistic future for the flagship cryptocurrency. Meaning there is a bull run on the horizon if factors align in favorable conditions. For starters, market liquidity...
Dogecoin Bulls See $60M Liquidations in Biggest Hit Since 2021
18.6.2024
Over $400 million in crypto longs were liquidated in the past 24 hours as major tokens slid as much as 10%
Coinbase International Adds Support for Trading Pre-Launch Tokens
18.6.2024
Coinbase International has announced its support for pre-launch markets, a platform that allows traders to trade perpetual futures contracts for tokens that are yet to launch. This feature offers traders the opportunity to participate in price discovery of upcoming projects within a secure...
Bitcoin NFTs surpass Ronin in all-time sales
18.6.2024
Bitcoin-based NFTs recorded a sales volume of $148 million in the last 30 days, according to CryptoSlam