CoreWeave expands Core Scientific computing deal by $1.225B Core Scientific is well-positioned to take advantage of new opportunities at its mining facilities. Cloud computing provider CoreWeave has beefed up its deal with Bitcoin miner Core Scientific by exercising an option to receive additional infrastructure for its NVIDIA graphics processing units (GPUs) on top of capacity […]
The landscape of cryptocurrency exchanges has undergone a significant transformation since the inception of Bitcoin. From the early days of Mt. Gox to the modern powerhouse that is Binance, the evolution of crypto exchanges showcases the maturation, challenges, and innovations in the digital asset ecosystem. This article delves into the journey of these platforms, highlighting […]
Analysis of Bitcoin Price Movement After hitting seven-week lows, Bitcoin experiences a 6% rebound, reaching $62,000 on June 25. The crypto market is showing signs of recovery, albeit facing challenges from the US dollar. BTC price tests 200-day trendline as market bounces Bitcoin squares off with U.S. dollar BTC Price Recovery and Market Dynamics Bitcoin’s […]
Iceland’s Crypto Industry Outlook Energy-rich Iceland’s crypto industry shows promise but faces energy challenges, according to Gulli Gislason of Viska Digital Assets. Interview Insights The crypto industry in Iceland is making progress but has room to grow, leveraging the country’s unique geography. Iceland’s 2008 banking crisis prompted interest in cryptocurrencies and blockchain technology Local Satoshi […]
Cryptocurrency trading has taken the financial world by storm over the last decade. As digital assets like Bitcoin and Ethereum have risen in prominence, they have attracted considerable attention not only from investors but also from regulatory bodies around the globe. The regulatory landscape for cryptocurrency is evolving rapidly, and these changes can have significant […]
Cathie Wood’s vote is cementing Trump as a ‘pro-innovation’ crypto-friendly candidate Trump’s potential reelection could mean more crypto-friendly regulation that could boost mainstream adoption. Donald Trump is becoming the pro-innovation candidate of choice for key cryptocurrency and traditional finance (TradFi) players. Ark Invest CEO Cathie Wood was the latest high-profile investor to share her endorsement […]
Bitcoin Exchange Balances ‘Overrated?’ 140K BTC Mt. Gox Payout Sparks Debate – One commentator argues that Bitcoin exchange balances are not a reliable yardstick for BTC price strength, while others dismiss the latest Mt. Gox fears. Bitcoin Analysis Now Doubts the Relevance of Exchanges’ BTC Balances as 140,000 Mt. Gox Coins Line up for Release […]
Cryptocurrency arbitrage trading involves exploiting price differences of digital assets across various exchanges. One crucial tool that has emerged to facilitate this practice is the stablecoin. Stablecoins are a type of cryptocurrency whose value is pegged to a stable reserve asset like the US Dollar, Euro, or even commodities. This article will delve into the […]
Bitcoin ETFs Experience $1.3 Billion Outflows in a 2-Week Slump Bitcoin ETFs have witnessed outflows of $1.3 billion over the last two weeks of trading. However, analysts are optimistic about market recovery in the upcoming months. Outflows from United States spot Bitcoin exchange-traded funds (ETFs) reached $1.3 billion over the last two weeks amidst a […]
Bitcoin Hash Price Approaches All-time Low Amid ‘Survival Games’ Despite the crash in hash price, most Bitcoin mining machines are still profitable for now. Bitcoin’s hash price has fallen to nearly its lowest level ever recorded This metric measures miner revenue on a per terahash basis On June 24, the hash price dropped by nearly […]
