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Hut 8 Cuts Mining Costs By 30% At New Salt Creek Facility
16.4.2024
Hut 8 has quickly kickstarted its new Texas facility after relocating its mining machines from other sites.
The post Hut 8 Cuts Mining Costs By 30% At New Salt Creek Facility appeared first on Cryptonews
Spot Bitcoin ETF Hype Dies Down, Normalcy Sets In
16.4.2024
The initial euphoria for the spot bitcoin ETFs has seemingly dampened and reality is slowly kicking in with inflows recently unable to keep up with the still speedy pace of exits from Grayscale's Bitcoin Trust (GBTC)
Core Scientific Set to Boost Texas Mining Facility by 72 MW Ahead of Bitcoin Halving
16.4.2024
With just over three days remaining until the halving, Core Scientific has announced its plans to enhance its Texas mining facility by an additional 72 megawatts. This project is scheduled for completion by the end of the second quarter of 2024. This expansion aims to augment the company’s...
Monday’s Market Action Sees $36.7 Million Outflow From US Spot Bitcoin ETFs
16.4.2024
On Monday, U.S. spot bitcoin exchange-traded funds (ETFs) experienced another round of outflows, shedding $36.7 million since the outflows on Friday. Additionally, after the close of Monday’s market, Grayscale’s Bitcoin Trust (GBTC) offloaded 2,524.1 bitcoins valued at $159.25...
After Bitcoin’s halving, will Altcoins be able to weather the storm?
16.4.2024
A standard Bitcoin halving has the same effect on altcoins as it does on Bitcoin’s supply and demand. Fans and investors in cryptocurrencies are interested in the response of altcoins to Bitcoin. In the face of the Bitcoin halving, alternative cryptocurrencies encounter a multitude...
What Bitcoiners Are Saying About the Upcoming Bitcoin Halving
16.4.2024
Is the halving priced in or not? Will it tank the bitcoin mining industry? Or accelerate adoption? Here's what experts and community members are saying about the fourth and perhaps most anticipated halving
Is the Bitcoin Rally Over? Reasons to Stay Bullish on BTC Despite Correction
16.4.2024
Bitcoin has pulled back more than 15% since hitting an all-time high one month ago, with some major altcoins nosediving 40%-50%, but "few understand how normal corrections like these are in bull markets," one observer noted
Bitcoin price slips as halving nears: History repeats itself
16.4.2024
Global influences have had a huge effect on fiat currencies and cryptocurrencies, with markets resulting in a sharp decline in Bitcoin values. The present trading scenario has pushed the value of Bitcoin to decrease, suggesting that a bearish sentiment persists in the market. This trading scenario...
Mad Viking Games ® Just Secures US-Trademark and Unveils Ashes of Idunn ® MetaVerse
16.4.2024
PRESS RELEASE. Mad Viking Games ® proudly announces its official registration as a U.S. trademark by the United States Patent and Trademark Office (USPTO) confirmed on April 16 2024. This landmark achievement is not merely a legal formality but a strategic step forward, reinforcing Mad Viking...
10x Research Founder Who Predicted Bitcoin’s Pre-Halving All-Time High Turns Bearish
16.4.2024
10x Research Founder Markus Thielen who predicted Bitcoin’s recent pre-halving rally to all-time highs has turned bearish on risk assets such as technology stocks and cryptocurrencies.
The post 10x Research Founder Who Predicted Bitcoin’s Pre-Halving All-Time High Turns Bearish appeared first...
Bitcoin and Ether Show Relative Resilience Amid Widespread Losses: CoinDesk Indices Market Update
16.4.2024
Drift Foundation Announces 100 Million Token Airdrop for Solana-Based Dex Users
16.4.2024
On April 16, 2024, the Drift Foundation, which supports the Solana-based decentralized exchange (dex) platform Drift, disclosed plans to distribute 100 million tokens to its users. The tokens will function as the platform’s governance coin, to be utilized by the community and the Drift...
Franklin Templeton unveils Runes as key to Bitcoin’s DeFi evolution
16.4.2024
Franklin Templeton, a renowned investment firm, has released a comprehensive analysis outlining how the integration of Runes could catalyze the growth of decentralized finance (DeFi) on the Bitcoin network. The analysis begins by examining the current state of decentralized finance on the Bitcoin...
Solana Meme Project Slothana Raises $10m in ICO, Launches 14-Day Last Chance To Buy Timer Ahead of 420
16.4.2024
Solana’s sensational new multimillion-dollar 420-friendly meme coin project Slothana ($SLOTH) has added a timer to its website counting down to the end of the project’s ICO phase on April 29, giving Slothana fans only 13 days left to join the presale. The launch will follow another seminal...
Dogecoin20 Presale Sells Out After Unprecedented Demand, Team Brings Claim Date and DEX Launch Forward
16.4.2024
Unprecedented demand, together with the price-pumping allure of Doge Day (which falls the same day as Bitcoin’s highly-anticipated halving on Saturday), has brought Dogecoin20’s DOGE20 presale to an early conclusion after raising over $10 million, according to a new announcement on X. #DOGE20...
Bitcoin Miners Must Optimize to Survive
16.4.2024
South Korea may launch Bitcoin ETFs early
16.4.2024
Bitcoin ETF has already marked a pivotal moment in the US, with the Securities & Exchange Commission approving eleven applications effective January 11, 2024. Hong Kong could be the next to launch a Bitcoin ETF. South Korea is on the list too, except it is now considering making an early move...
Miners Race to Discover Block 840,000 as Bitcoin Halving Nears
16.4.2024
Many enthusiasts in the Bitcoin community were anticipating the next halving to coincide with Saturday, April 20, 2024, but the latest data suggest it will likely occur a day earlier, on April 19. Despite a recent uptick in mining difficulty, miners have managed to maintain a high hashrate...
Bitcoin sales can rise around ‘Halving,’ says Crypto.com CEO
16.4.2024
It is anticipated that Bitcoin will undergo its fourth halving in April 2020. The largest cryptocurrency has temporarily fallen from its all-time peak. However, the Crypto.com CEO believes that BTC can rise in sales by around halving. Kris Marszalek recently talked about how Bitcoin’s halving...
Imminent BTC Supply Squeeze: Bybit Report Suggests Bitcoin Exchanges to Run Dry in 9 Months
16.4.2024
As the crypto landscape evolves, a significant tightening in bitcoin’s available supply on exchanges has emerged, hinting at just nine months of reserves left. Bybit’s latest halving report unveils the reasons behind this tightening grip, indicating a looming scarcity that could...