Tag: Cryptocurrency market
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...
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...
NUPL Ratio: The Ultimate Market Top Indicator for Long-Term Holders
NUPL Ratio: The Ultimate Market Top Indicator for Long-Term HoldersHave you heard about the NUPL ratio? It's a powerful tool that long-term holders in the market use to determine when a market top is...
Polymarket Hits $1B in Bet Trading Volume During US Election Betting Surge
Polymarket, a popular crypto betting platform, has reached a major milestone by surpassing $1 billion in trading volume. This achievement has been fueled by the high interest in the upcoming US presidential election, with...
Kamala Harris’ Crypto Stance Unlikely to Sway Voters, Says Bernstein
Vice President Kamala Harris has recently been making efforts to connect with the crypto industry, but analysts at Bernstein believe that her actions may not be enough to sway voters in the upcoming US...
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,...
Ether Price Surges Above $3.5K Before ETH ETF Trading, Inflow Worries Persist
Ether (ETH) saw a significant price increase, surpassing $3,500 as anticipation builds for the launch of U.S.-based spot exchange-traded funds (ETFs). However, concerns linger regarding the potential impact of Grayscale's $9 billion ETH Trust...
Ryan Selkis Resigns as Messari CEO – CoinJournal Update
Ryan Selkis, the CEO of crypto platform Messari, has announced his resignation from his position. This decision comes after a series of controversial political tweets that have put his team at risk. Selkis will...
TON Launches Bitcoin Bridge: The Open Network’s Teleport Innovation – CoinJournal
The TON Foundation has announced an exciting new development for the Open Network in 2024. They are planning to launch a trustless bridge that will allow users to bring Bitcoin into the TON ecosystem...
Ethereum ETFs Excite Bit Digital, But Lack Staking Features
Bit Digital is excited about the upcoming launch of Ethereum ETFs, seeing it as a potential catalyst for the price of Ethereum. The company believes that this will help in the normalization and adoption...














