Mining Companies Sell off Coins and Gear to Recoup Losses
A series of impairment charges contributed to a $1 billion second quarter loss for the largest publicly-traded Bitcoin mining companies...
Bitcoin
Bit Mining Secures $9.3 Million Registered Direct Offering From Institutional Investors – Mining Bitcoin News
Bit Mining Limited has announced that it has entered a $9.3 million registered direct offering with specific institutional investors. Bit...
Bitcoin, Crypto Markets Dip on Release of Fed Minutes
Crypto markets dipped today after the Federal Reserve released minutes from its July meeting in which the agency said it...
Genesis CEO Steps Down as Firm Cuts 20% of Staff
Key Takeaways Genesis Trading has announced the replacement of its CEO Michael Moro. It will also cut 20% of its...
Bitcoin price dives pre-FOMC amid warning $17.6K low was not the bottom
Bitcoin (BTC) dropped to weekly lows at the Aug. 17 Wall Street open as upcoming Federal Reserve comments unsettled risk...
Acala trace report reveals 3B aUSD erroneously minted
High-profile security incidents continue to be a theme in 2022, with the Acala network joining a long list of stricken...
Colombia Plans to Launch Digital Currency to Reduce Tax Evasion – Regulation Bitcoin News
The government of Colombia revealed it has plans to launch a digital currency. One of the purposes of this new...
NY Judge Allows Celsius to Sell the Bitcoin it Mines
Celsius Network’s financial projection shows that it is likely to run out of cash by October, but the lending firm...
Jump Crypto to Build New Solana (SOL) Validator
Jump Crypto has announced its intention to build a new validator client for the Solana network, written in the C++...
BTC Price Retraces above $23.6K Support
Bitcoin Faces Stiff Rejection from Overhead Resistance as It Retraces Above $23.6K Support – August 16, 2022 Bitcoin (BTC) price...
Former Goldman Sachs banker explains why Wall Street gets Bitcoin wrong
John Haar, a former asset manager at financial institution Goldman Sachs believes the lack of support from “legacy finance” for...
Bitcoin price hits multiday low as data warns of ‘overbought’ stocks
Bitcoin (BTC) sank to intraday support on Aug. 16 as concerns emerged over the fate of United States stock markets.BTC/USD...
What to Expect on Coinbase and Other Crypto Exchanges During the Ethereum Merge
With the highly anticipated Ethereum merge happening next month—and the blockchain moving from proof of work to proof of stake—the...
Solana (SOL) price is poised for a potential 95% crash — Here’s why
Solana (SOL) price rallied by approximately 75% two months after bottoming out locally near $25.75, but the token's splendid upside...
DOGE Jumps 17% Today, Here’s the Next Critical Target (Dogecoin Price Analysis)
DOGE did not disappoint in August with a 40% rally since the start of the month. The buyers managed to...
Court filings reveal Celsius will run out of money by October
Embattled crypto lender Celsius Network is on track to run out of money by October, according to the firm’s latest...
UN Agency Urges Authorities to Curb Cryptocurrency Expansion in Developing Countries – Regulation Bitcoin News
A United Nations trade body has recommended a set of policy actions to “curb the expansion of cryptocurrencies in developing...
Coin Center Says OFAC’s Tornado Cash Ban ‘Exceeds Statutory Authority,’ Plans to ‘Engage’ With US Watchdog – Bitcoin News
On August 15, the non-profit that focuses on policy issues facing crypto assets, Coin Center, published a blog post that...
Cardano (ADA) Founder Reassures Community That Vasil Hard Fork Testing Is Going Smoothly
Cardano founder Charles Hoskinson assured the crypto community that progress toward the Vasil hard fork should proceed without a hitch,...
Bitcoin Will Have to be A Part of Any Portfolio: Ex-President of NYSE
Bitcoin has hit the mainstream. Former President of the New York Stock Exchange, Thomas Farley has said during an interview...
Bitcoin price corrects after hitting a wall at a multi-month descending trendline
On Aug. 15, Bitcoin (BTC) price and the wider market corrected while the S&P 500 and DOW looked to build...
PoW Miners Rake in Profits Mining ETH Until the End, Ethash Networks Expect a Boost, JPMorgan Strategists Say ETC Could Benefit – Mining Bitcoin News
In just over a month’s time, The Merge is likely to be implemented on the Ethereum blockchain and the network’s...
