The Bitcoin market is grappling with a significant shift in momentum as selling pressure intensifies, giving bears the upper hand. The prominent asset manager, Grayscale, known for overseeing the Grayscale Bitcoin Trust (GBTC), is playing a pivotal role in driving this trend. While initial excitement over spot Bitcoin ETFs led
The Company maintains its position as one of the largest bitcoin miners in North America; Announces new Board of Directors AUSTIN, Texas–(BUSINESS WIRE)–$CORZ #bitcoin—Core Scientific, Inc. (“Core Scientific” or the “Company”), a leader in bitcoin mining and infrastructure for high-value compute, today announced it has successfully completed its reorganization pursuant
The cryptocurrency market is abuzz with anticipation as Bitcoin, the pioneer of digital assets, sets its sights on a significant milestone. The question on everyone’s mind is whether Bitcoin will achieve the much-discussed $100,000 mark by the year 2024. While Bitcoin’s journey to this valuation has been a topic of
A significant amount of the Bitcoin (83%), Ethereum (84%), and XRP (81%) supply is profitable, according to a recent publication by Santiment. Movements outside of the 55–75% range have traditionally been seen as low risk, while those within the range have been seen as average. The PSP indicator tracks the
Introduction： As a recent focus, the SEC approved 11 Bitcoin spot ETFs last week. UBS announced that it would allow certain clients to trade Bitcoin spot ETFs, and miner sell pressure reached its highest level since 2019 in the days leading up to the ETF approval. Additionally, Vitalik proposed to
A renowned economist and Bitcoin skeptic, Peter Schiff, has lately delivered a dire prognosis. Schiff has stated his opinion in a series of social media postings that the impending regulatory reforms, led by U.S SEC Chair Gary Gensler, might have a major influence on the feasibility and cost of doing
After the resounding success in Singapore, the VC Founders Yacht Cruise sets sail for an even grander affair in the dazzling city of Dubai! Scheduled for the 17th of April 2024, this year’s event will take place with support and collaboration from Blockchain Life Conference and Token2049, two of the
The 6th Annual Blockchain Futurist Conference, Canada’s largest and longest-runningblockchain event, is set to make its grand return at the Rebel Entertainment Complexand Cabana in Toronto, Canada, on August 13-14, 2024. Renowned for being one of theworld’s longest-running mega conferences in the Web3 sector, this year’s eventpromises an even more
The newly issued iShares Bitcoin Trust ETF (IBIT) from financial behemoth BlackRock is being promoted in a subtle and unobtrusive manner, which is a departure from the norm. Some may find it dull, but experts in the field think it might be the key to luring the wealthy group. A
The price oracles are predicting a bright future filled with positive trends in the crypto space. Bitcoin (BTC), the top dog in the crypto world, is expected to reach an impressive $100,000 by the end of 2024. This forecast is causing a stir in the digital asset scene. But hold
