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Bitcoin sentiment decline may signal market bottom
28.6.2024
BTC price has failed to hit a new all-time high in over three months, especially after the Bitcoin halving in April
CoreWeave expands Core Scientific computing deal by $1.225B
25.6.2024
Core Scientific is well-positioned to take advantage of new opportunities at its mining facilities
Marathon’s BTC mining is heating an entire town in Finland
21.6.2024
Selling excess heat from Bitcoin mining could be another financial lifeline for miners after the 2024 Bitcoin halving
Bitcoin miner reserves drop to lowest in 14 years
20.6.2024
Miners are holding the least Bitcoin on their balance sheets since February 2010, but the fiat value of their reserves is hovering around an all-time high
Bitcoin exchange reserve metric hits 3-year low
19.6.2024
Low exchange balances indicate low selling pressure and could trigger a supply shock as institutional investors continue to accumulate Bitcoin
Bitcoin Runes racks up over 2500 BTC in fees under 2 months
17.6.2024
Runes-related transactions could extend a significant revenue boost for Bitcoin miners, after the 2024 halving
Nicehash Partners With Marathon to Launch Custom Firmware for ASIC Bitcoin Miners
15.6.2024
The bitcoin hashing power marketplace, Nicehash, has launched custom software for ASIC miners optimized for its mining platform. The firmware is designed to help miners drive greater efficiency from ASIC devices and increase revenue. Nicehash CEO said the collaboration with Marathon will strengthen...
Analysts Predict BTC Hitting $200,000 Next Year and $1 Million by 2033 — ‘We Believe Bitcoin Is in a New Bull Cycle’
15.6.2024
Global asset management firm Alliance Bernstein’s analysts predict that the price of bitcoin could soar to $200,000 by 2025, $500,000 by 2029, and an astounding $1 million by 2033. “We believe bitcoin is in a new bull cycle,” they said. Bullish Bitcoin Price Prediction...
Bitcoin breaks 18-month hashrate uptrend. Are BTC miners capitulating?
14.6.2024
Despite the drop in hash rate, Bitcoin miner selling isn’t correlated with the BTC price drop from $71,100 to $66,000
Bitcoin network transaction fees temporarily soar to nearly $52
7.6.2024
The network is currently experiencing temporary congestion due to over 300,000 unconfirmed transactions waiting to be processed on Friday morning
Bitcoin halving impacts miner Riot’s revenue by 43% despite new facility
5.6.2024
To keep up with the declining Bitcoin rewards, Riot Platforms opened a new mining facility near Corsicana, Texas
Bitcoin price at $72K is the 'fuse' to reach new ATH: Analyst
5.6.2024
Bitcoin price above $72,000 would liquidate $800 million worth of leveraged shorts, making it a significant resistance level for BTC
Bitfarms Sees 42% Revenue Drop in May Post-Bitcoin Halving
4.6.2024
Bitfarms, a Bitcoin mining firm, reported a 42% drop in crypto mining revenue in May, the first full month following the Bitcoin halving in mid-April, which reduced their Bitcoin production from 263 BTC in April to 156 BTC in May. The company attributed part of the decline in production...
Bitcoin post-halving run may reach $130K by September 2025
3.6.2024
Trader Peter Brandt says Bitcoin’s bull run is following similar past post-halving cycles, and if it holds it could reach $130,000 by late next year
Riot Platforms proposes $950M buyout for Bitfarms amid CEO dispute
28.5.2024
The hostile offer comes after a private offer to the board was rejected in April
Bitcoin Runes hype fades, transactions plummet 84%
23.5.2024
Bitcoin Runes protocol caused an initial surge in Bitcoin transactions, exceeding 50% at its peak. Did the hype clog clear out?
Crypto Whales Bet Big on Mollars, Toncoin, and Cardano
20.5.2024
The cryptocurrency market is currently experiencing a significant shift when it comes to mainstream adoption. Embarking on the Bitcoin halving, and BTC ETF hype, the space is seeing an increase in its users.
The post Crypto Whales Bet Big on Mollars, Toncoin, and Cardano appeared first on Cryptonews
Bitcoin’s Runes Protocol Hype Falls Short: Significant Drop in Activity and Fees
18.5.2024
It has been 29 days since the halving and the launch of the Runes protocol, and since May 1, Runes activity has been underwhelming, falling short of the expectations set months prior. Similarly, the trend of Ordinals inscriptions has significantly declined over the past month. Runes...
EOS Network Foundation Founder: Bitcoin Halving Spurs Development of Solutions Enhancing Network Efficiency
16.5.2024
With Bitcoin transaction fees recently becoming a more critical component of miner revenue, Yves La Rose, CEO of Exsat, believes there is “an increased incentive to adopt and develop solutions that enhance transaction throughput and network efficiency.” According to La Rose, this...
Rafael Cordón: Safeguarding Elections With Bitcoin
15.5.2024
Software engineer Rafael Cordón’s Simple Proof system helped prevent fraud in Guatemala’s most recent presidential election. Can this technology be used to insure against election interference in other jurisdictions?