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This article was written by Follow My name is Myriam Hernandez Alvarez. I received the Electronics and Telecommunication Engineering degree from the Escuela Politecnica Nacional, Quito, Ecuador, the M.Sc. degree in computer science from Ohio University, Athens, OH, USA, a graduate degree in Business Management from Universidad Andina Simon Bolivar, Quito, Ecuador, and the Ph.D.…
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Bitcoin’s skid spurs analysts to search for floor price. James Check described impact of ‘air pocket’ in the market. Trump’s protectionist trade policies are rattling investors. Buckle up, Bitcoiners. As the top crypto hovers around $88,000, Alex Thorn, the head of research at Galaxy Research said “there’s mostly air” between $75,000 and $85,000. This means…
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Pro-Bitcoin Congressman Byron Donalds has announced his candidacy for the Florida governorship during an appearance on Fox News’ Hannity. The Republican lawmaker, currently representing Florida’s 19th congressional district, underscored his vision for making the Sunshine State a global financial hub, potentially incorporating cryptocurrency into the state’s official portfolio. Future Florida Governor Wants Bitcoin Donalds noted…
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Record outflows hit Bitcoin ETFs on Tuesday. Investors are unwinding their basis trade. Bitcoin slumped to a new 2025 low on Tuesday. Not long ago, spot Bitcoin exchange-traded funds were breaking records ― billions in inflow as Bitcoin surged to a peak price of $108,000. The tide turned. As Bitcoin tumbles to its lowest price…
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Looking at a new post by senior Bloomberg ETF analyst, Eric Balchunas, one may say that he has seen it all. Market swings, ETF surges, panic-driven sell-offs. So when Bitcoin ETFs saw a staggering $1.8 billion in outflows last week, Balchunas was not exactly rushing to hit the alarm button. In his view, this is just another…
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Shares of Strategy (NASDAQ: MSTR) have dropped by over 55% from the November 24 high at $543 to around $250. With the software intelligence firm now holding approximately 499,096 Bitcoin—worth around $44 billion at current prices—market participants are wondering whether the company could ever face a forced liquidation of its massive Bitcoin treasury. On Tuesday,…
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Bitcoin (BTC) neared $89,000 in Asian morning hours after a 24-hour low of $86,200, slightly improving market sentiment with major tokens showing signs of a recovery. XRP and BNB Chain’s BNB led a gradual majors rebound Wednesday as traders continue to reel from Tuesday’s carnage — one that saw overall capitalization drop as much as…
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Bitcoin and cryptocurrency prices have found a temporary floor following a steep sell-off—though one analyst has warned traders not to “buy the dip.” Unlock over $3,000 in NFT, web3 and crypto perks — Apply now! The bitcoin price plummeted to lows of around $85,000 per bitcoin on Tuesday, down 21% from its all-time high of…
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Genesis Digital Assets Limited (GDA) is expanding its bitcoin (BTC) mining operations in West Texas with a 50-megawatt (MW) energization increase across its Pyote and Vernon sites. GDA is a private company with offices in the United Arab Emirates and the United States, with a total power capacity of over 600 MW. While the company…
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5.5 MW of the Next-Generation Antminer S21 Hydro Machines Already Energized for Institutional Client WILMINGTON, Del., Feb. 26, 2025 /PRNewswire/ — Compass Mining (“Compass” or the “Company”), a leading provider of Bitcoin mining hardware, hosting, and operational solutions, is pleased to announce the launch of a new 20-megawatt (MW) Bitcoin mining facility in North Dakota. The…