Thu, January 15

Bitcoin Mining Firm Bitdeer Gets Listed on Nasdaq Post SPAC Deal

Bitdeer, a cryptocurrency miner based in Singapore, is completing a SPAC merger with Blue Safari Group Acquisition Corp. and plans to go public on April 14. The former had announced that it would begin trading on Nasdaq in November of 2021. Due to the challenging conditions brought about by the

April 14, 2023 1 min read

Crypto Market Rallies as U.S PPI Declined 0.5% in March 2023

Following March’s disappointing Consumer Price Index (CPI) statistics, the U.S. Bureau of Labor Statistics revealed Thursday that the PPI for final demand fell 0.5% in March. A 0.1% increase in the PPI was predicted for March, therefore the 0.5% increase was unexpected. Inflation as measured by the PPI in March

April 13, 2023 1 min read

BTC Index Futures and Options Trading Launched by London Stock Exchange

On Thursday, the London Stock Exchange Group (LSEG) announced that beginning this year, it would facilitate trading and settlement for Bitcoin index futures and options derivatives. The London Stock Exchange (LSE) is now offering Bitcoin trading via a partnership with a digital trading platform. According to a report by Reuters

April 13, 2023 1 min read

Major BTC Investor Transfers $330M BTC to Bitfinex

A significant Bitcoin investor has reportedly transferred around $330 million worth of Bitcoin to the cryptocurrency exchange Bitfinex. According to Lookonchain, a blockchain analysis firm, the incident is said to have occurred on Wednesday. A smart whale transferred 11K $BTC ($330M) to #Bitfinex 1 hr ago. The whale received 46,542

April 12, 2023 2 mins read

U.S CPI Data Reveals Less Than Expected Inflation Rate in March at 5%

Compared to February, when prices grew by 0.4%, the CPI increased by 0.1% in March 2023 after seasonal adjustments were made. Inflation statistics for March showed an annual rise in the all-items index of 5.0% before seasonal adjustment. The Consumer Price Index (CPI) for March 2023 had recently been issued

April 12, 2023 1 min read

Chinese Tech Giant Alibaba Forays Into AI Race With ChatGPT Rival

Tongyi Qianwen, which translates to “truth from a thousand questions,” is an AI language model that is capable to write invitation letters, organize vacations, and provide beauty product recommendations to buyers. The AI language model has been launched by Chinese tech giant Alibaba. Initially, Tongyi Qianwen will be included in

April 12, 2023 2 mins read

Today’s Crypto Market, BTC and ETH Losses Outweigh Gains

Cryptocurrency started green and fresh as the day began but is ending in the red zone. Every other coin or token in the market is passing through a dip of about 3 to 4% in the hour. Though major crypto updates are pipelined in consecutive days, such as the Ethereum

April 12, 2023 1 min read

Bitcoin Miner CleanSpark Buys 45,000 Mining Gear Worth $145M

CleanSpark, a Bitcoin miner based in Sandersville, Georgia, in the United States, has announced the completion of a $144.9 million transaction to acquire 45,000 of Bitmain’s Antminer S19 XP Bitcoin mining machines. The first 25,000 miners will start trickling in over the month of August, with the remaining devices coming

April 11, 2023 1 min read

MicroStrategy’s Bitcoin Holdings Turn Profitable as BTC Crosses $30k

MicroStrategy, an American software firm, has the highest corporate Bitcoin (BTC) holdings and is presently profiting from its cryptocurrency wager. According to an SEC filing made by MicroStrategy on April 5, the business and its subsidiaries bought roughly 1,045 Bitcoin for about $29.3 million between March 24 and April 4.

April 11, 2023 1 min read

Bullish Sentiment in Crypto Stock as Bitcoin Pushes Price Up by Over 6%

Bitcoin (BTC), also known as the queen of cryptocurrency and the leading cryptocurrency by market capitalization, has recently attracted the attention of investors in the crypto market. The reason for this recent buzz in the cryptocurrency market is that Bitcoin has managed to push its price up by over 6%

April 11, 2023 2 mins read
Little Pepe