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Bitcoin Recovers Its Losses After Early Week Plunge and Manages to Maintain Price above a Crucial Level
Bitcoin has rebounded after a steep plunge experienced earlier this week, which left investors hypothesizing about what lies ahead of the leading crypto asset.
Warren Buffett Ditches US Dollar, Bitcoin Price Set to Soar
As the US dollar keeps plummeting, Max Keiser revealed that Warren Buffett has moved his assets out of the US market, setting Bitcoin for its next surge.
Former facilities worker who allegedly set up a secret cryptocurrency mining operation
After skipping a court arraignment session, Nadeam Nahas faces arrest for using a school's energy for bitcoin mining.
Digihost Plans to Move Mining Rigs from NY to Alabama, Expand Energy to 55 MW in 2023
U.S.-based crypto miner Digihost Technology Inc. plans to move drilling rigs from New York to Alabama, expanding energy capacity to 55 MW in the second quarter of 2023.
Grayscale Launches Bitcoin Mining-Centered Investment Entity
Crypto asset management firm Grayscale plans to launch a new private co-investment opportunity in mining hardware that enriches the bitcoin ecosystem.
Bitcoin Price Has Been Stable, It’s an Altcoin Season Right Now, Says CZ Binance
Bitcoin has been trading sideways for the last few months, with the stability around $9,100. Bitcoin (BTC) has been struggling to gain bullish momentum above $9,200. In an interview with Bloomberg, Changpeng Zhao, the CEO of Binance commented on the stability of the recent Bitcoin price.
Hut 8 Achieves Record High Annual Revenue of $173.8m
A prominent Canadian cryptocurrency mining company, Hut 8, achieves a record high annual revenue of $173.8 million. Bitcoin holdings will increase by 100% to 5,518 by the end of 2021, with a market cap of $323.9 million.
May 20: Be patient, some breakouts take time
BTC's open interest is holding steady while volume for the past few sessions has been slightly lower than the last two week's average that it feels to me we are likely to head into somewhat of a short-term inflection point where we make a decisive break to the up or downside. Just look at the doji candlestick closed yesterday, so here are two scenarios how I think what can pan out over the next few days:
Cathie Wood predicts Bitcoin preference shift due to ETFs and growing gold connection
ARK Invest CEO Cathie Wood reports a shift from traditional gold investments to Bitcoin, driven by spot Bitcoin ETFs and its increasing 'risk-off' role, especially during economic uncertainties like the regional bank crisis.
Bitcoin Can’t Drive Financial Inclusion for Unbanked But CBDC Can says Mastercard CEO
Ajay Banga, the CEO of Mastercard believes Bitcoin is unable to function as an inclusive currency for the world’s unbanked due to volatility, CBDCs are a different story.
Bitcoin Surges Past $20,000, Ether Bounces As USD Weakens
Bitcoin surged on Tuesday breaking back above the $20,000 level while major altcoins led by Ether rose on a positive market upturn as the US dollar fell.
Bitcoin Futures Reaches $50,000, Will Bitcoin Break Through $60K?
After undergoing a correction yesterday, Bitcoin’s price surged to $50K on major crypto exchanges like Binance, Huobi and Bitfinex.