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Many Bitcoin Miners Struggle to Make Profits: Cantor Fitzgerald
26.1.2024
Bitcoin mining is getting less profitable as many publicly traded miners might face potential profitability challenges following the next Bitcoin halving event. According to a recent report by Cantor Fitzgerald, 11 major mining companies, including Marathon Digital (MARA), Riot Platforms (RIOT)...
Leading Crypto Miners Riot, TeraWulf, CleanSpark Brace for 2024 Bitcoin Halving
16.1.2024
Leading cryptocurrency miners are bracing themselves for the challenges ahead as the mining industry prepares for a major transformation with the 2024 Bitcoin (BTC) halving event. Asset manager CoinShares analysis suggests that Riot (NASDAQ: RIOT), TeraWulf (NASDAQ: WULF), and CleanSpark...
Coinbase Buckles 10% as Crypto Stocks Falter Despite Bitcoin Topping $45K
2.1.2024
The decline happened as bitcoin spiked above $45,000 during the day as traders anticipate an imminent spot BTC ETF decision in the U.S
Bitcoin-Related Companies Show Pre-Market Gains as BTC Nears $46K
2.1.2024
U.S.-listed companies rode bitcoin's bullish momentum to show significant gains in pre-market trading, including COIN, MSTR, MARA and RIOT
Crypto Stocks, Bitcoin Miners Sell-Off as Profit-Taking Caps Explosive Year-End
29.12.2023
Bitcoin slipped below $42,000 on Friday, stalling below its yearly high
Activision Sure Knows How To Bury A Story On A Friday Night
16.12.2023
Activision Blizzard has been the subject of scrutiny for several years now, due to its widely criticized “Boys’ Club” corporate culture of sleazy shenanigans. And now, late on a Friday evening just before the holiday season begins in earnest, The Wall Street Journal reports the embattled gaming...
Prepare for a North American Bitcoin Mining Infrastructure Boom + More News
15.12.2023
Source: AdobeStock / thodonal Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. In this edition: Prepare for the Next Bitcoin Mining Infrastructure Boom – BlocksBridge Consulting Bitcoin Miner Marathon...
Bitcoin Bounces Over $43K, Altcoins, Crypto Stocks Burst Higher as Fed Projects Rate Cuts Next Year
13.12.2023
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Epic Games Wins Shocking Upset In Google Monopoly Trial
12.12.2023
Epic Games sued Google over anti-competitive practices and won. A jury in the in the Epic v. Google case delivered a swift verdict, concluding that the giant tech firm was operating an illegal monopoly on Android devices in the form of the Google Play storefront. Read more
Coinbase, MicroStrategy, Marathon Stocks Buckle 5%-10% as Bitcoin Tumbles Below $42K
11.12.2023
A "flash crash" in thin trading Sunday evening, saw bitcoin's price plunge nearly 10% from the $44,000 level in the space of a few minutes
Bitcoin Miner CleanSpark Shifts to Neutral in JPMorgan’s Ratings
11.12.2023
Source: AdobeStock / Photocreo Bednarek The major Wall Street investment bank JPMorgan has adjusted its price targets and ratings for several Bitcoin mining stocks, including CleanSpark and Riot Platforms. The adjustment in ratings came in response to the recent surge in Bitcoin’s price and...
How K-Pop Made League of Legends Immortal
6.12.2023
The longevity of League of Legends is astounding. Across the industry, developers are trying to grab a share of the lucrative live-service games pie. Since 2009, the enduring popularity of this multiplayer online battle arena (MOBA) game has made it a golden goose: often imitated, but never...
Riot Blockchain Buys 66,560 Bitcoin Mining Rigs in $290.5 Million Deal with MicroBT
5.12.2023
Source: AdobeStock / Photocreo Bednarek Bitcoin miner Riot Blockchain has announced its purchase of 66,560 bitcoin mining rigs from MicroBT, marking one of the largest orders in the company’s history. Riot Blockchain is set to acquire 66,560 Bitcoin miners from manufacturer MicroBT in one...
Bitcoin Miner Riot Secures 66,560 Microbt ASIC Miners to Boost Hashrate by 18 EH/s
5.12.2023
The bitcoin mining corporation Riot Platforms, a publicly traded firm within the industry, recently announced a significant expansion of its operations. The firm has completed its largest-ever acquisition of application-specific integrated circuit (ASIC) miners, securing 66,560 units...
Amazon Games Lays Off 180 Employees
13.11.2023
Another day, another round of video game industry layoffs. This time Amazon is laying off roughly 180 employees from its gaming division, as confirmed in an internal email from Christoph Hartmann, VP of Amazon Games.Read more
Today in Crypto: Mining BTC For Free, Bitdeer is Preferred CSP in NVIDIA Partner Network, Gucci in The Sandbox
10.11.2023
Source: AdobeStock / Tim Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Mining news A public mining company mined bitcoin for free in Q3, according to the latest Miner Weekly report...
U.S. Crypto Stocks Ride BTC Momentum in Pre-Market Trading
9.11.2023
COIN, MSTR, HOOD and mining stocks were all showing upward movement in pre-market trading after BTC rose to its highest level in 18 months
Riot Platforms Reports Q3 Results: Generates 1,106 Bitcoins and Raises Over $200 Million
9.11.2023
Source: AdobeStock / Photocreo Bednarek Bitcoin mining company Riot Platforms has released its financial report for the third quarter, showcasing notable improvements despite missing earnings and sales estimates. Per the report, Riot Platforms generated 1,106 Bitcoins during the quarter, marking...
Marathon, Riot among most overvalued Bitcoin mining stocks: Report
8.11.2023
Bitcoin mining analyst Jaran Mellerud said there are “better-priced opportunities” that could even out the valuation discrepancies between the mining stocks
Quality Bitcoin Mining Stocks Offer a Good Way to Gain Exposure to the Next Bull Run: Bernstein
31.10.2023
Bernstein expects bitcoin to rise to a high of $150,000 in the 2024-2027 cycle, the report said