Tag: Cryptocurrency investment
Bitcoin Network Difficulty Reaches Record High Amid Price Volatility
Bitcoin’s network difficulty has reached a new high, hitting 90.67 trillion on August 2, 2024, as reported by CoinWarz. This achievement comes after a...
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...
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...
Ether ETFs Experience $340 Million Outflows in Debut Week
Ether exchange-traded funds (ETFs) had a rough start in their debut week, experiencing $340 million in outflows as investors pulled their money out of...
Bitcoin’s Potential: 7% of Global Wealth, Price Surge to $13M in 21 Years
Michael Saylor, the executive chairman of MicroStrategy, continues to show his strong belief in Bitcoin (BTC) during the Bitcoin 2024 conference in Nashville. Saylor...
Zircuit Secures Mainnet Funding With Binance Labs & Mirana Ventures – CoinJournal
Zircuit, a company based in George Town, Cayman Islands, has recently secured funding for its Mainnet. The funding round included support from Binance Labs,...
German Government Sells Majority of Bitcoin Holdings, Retains $890M
In recent weeks, the German government has been actively selling off a significant amount of Bitcoin (BTC), leading to increased selling pressure on the...
Metaplanet Purchases 42,466 BTC: A Game-Changing Move – CoinJournal
Metaplanet, a Japanese firm, has made a significant move in the cryptocurrency space by purchasing 42,466 BTC, equivalent to $2.5 million. This purchase has...
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...
Bitcoin’s Price Drops 11% After Whale Transfers Millions to Binance
Bitcoin's price took a hit this week as the entire crypto market struggled. Dogwifhat (WIF), a popular memecoin, saw a significant drop in its...
Immigration to Trump Crypto Enforcement: Shift in Priorities
President-elect Donald Trump has promised to shift the focus of government agencies away from policing cryptocurrency crimes towards areas like immigration law enforcement. This...
