Tag: Bitcoin Price

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CleanSpark expands Bitcoin mining operations with first site acquisition in Wyoming

CleanSpark, a Nasdaq-listed BTC miner, has expanded its Bitcoin mining operations by acquiring its first site in Wyoming. The company has executed 75 megawatts of power contracts, with 30 MW allocated for the first...
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Crypto Market Update: Bitcoin Price Drops to $62k Alongside Stock Market Decline

Bitcoin's price took a hit on August 1, dropping to nearly $62,000, its lowest level since mid-July. This decline was part of a broader trend in the cryptocurrency market, with the global market cap...
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Bitcoin Airdrops: U.S. Government’s Political Influence on Protocol

Last week's Bitcoin Nashville conference made waves in the crypto world as former U.S. President Donald Trump and Senator Cynthia Lummis made significant statements regarding Bitcoin. Trump suggested using the government's existing holdings of...
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Bitcoin Weekly Loss Continues as Yen Strengthens Post BOJ Rate Hike

Bitcoin continued to face pressure this week as the Japanese yen gained strength in the foreign exchange market following the Bank of Japan's decision to raise interest rates and implement measures to tighten liquidity....
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Cryptocurrency Market Analysis: Bitcoin, Ethereum, Solana Updates & Trends

After a period of stagnation in the cryptocurrency market, Bitcoin, Ethereum, and Solana saw a significant rebound towards the end of last week. Ethereum managed to recover from around $3,000, while Bitcoin and Solana...
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US GDP Growth Exceeds Expectations at 2.8% Despite Bitcoin Price Drop

The recent economic data in the US has surprised experts with a growth rate of 2.8% for the second quarter, exceeding expectations. This positive news has potentially boosted investor sentiment towards assets like Bitcoin,...
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Is Donald Trump Protecting Bitcoin from Tech Stock Decline?

Since the market opened yesterday, the S&P500 has lost 1.8%, the tech-heavy Nasdaq-100 is down 3.0% and tech darling Nvidia (NVDA) has bled 5.3%. Normally, bitcoin follows stocks (especially tech stocks) on their...
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Title: Mnuchin Blocked Trump’s Bitcoin Ban Attempt in 2020

Former Treasury Secretary Steven Mnuchin played a key role in blocking former President Donald Trump's attempt to ban Bitcoin in 2020. This revelation comes from Mike Brock, the CEO of TBD, a division of...
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Bitcoin Mining Difficulty Drop Similar to FTX Collapse, CryptoQuant Analysis

Bitcoin mining difficulty saw a significant drop of 7.8% on June 5, 2024, reaching levels not seen since before the halving event in April. This is the largest difficulty drop since the collapse of...
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Repaying Mt. Gox Creditors with Bitcoin and Bitcoin Cash: A Guide

Mt. Gox, the once-dominant cryptocurrency exchange, has finally begun repaying its customers after almost a decade of waiting. This news brings closure to many users who have been eagerly anticipating the return of their...