Standard Chartered: Bitcoin Could Hit $120,000 By 2024
Standard Chartered has recently revised its Bitcoin price target, projecting that the cryptocurrency has the potential to reach $120,000 by the end of 2024. This...
Record High: 350k Bitcoin Ordinals Minted
Data from the Dune blockchain has revealed that crypto enthusiasts minted a staggering 350,000 Bitcoin Ordinals Inscriptions on July 8, marking the highest daily record...
Retail Bitcoin Holders Outpace Miners, Bolster Market
In a show of unwavering conviction, retail Bitcoin holders with less than 1 BTC, fondly referred to as “shrimps,” are accumulating more coins each month...
Hut 8 Mining Achieves 147 BTC Mining In May
Hut 8 Mining, a prominent crypto miner based in Toronto, Canada, and one of North America’s largest publicly traded mining firms, recently announced that it...
Marathon Digital Holdings: May 2023 Bitcoin Production Soars
Marathon Digital Holdings, Inc., a leading bitcoin mining and blockchain technology company, has released its monthly report for May 2023, providing updates on its bitcoin...
Canaan Unveils Immersion Cooling Miner A1366I
Canaan, one of the leading manufacturers of cryptocurrency mining equipment, has recently unveiled its latest innovation in the field. The company announced the release of...
BitDeer’s Q1 Report: $72.6m Revenue, $9.5m Net Loss
BitDeer, a prominent crypto mining platform, released its unaudited financial report for the first quarter of 2023, revealing impressive revenue but a net loss. The...
Bitcoin Miners Reap Rewards From Cryptocurrency Rally
Bitcoin miners are seeing a positive turnaround in their fortunes as the rally in cryptocurrencies continues in the first quarter of this year. According to...
President Biden Proposes 30% Tax on Cryptocurrency Mining Electricity
President Joe Biden’s annual budget proposal has called for a 30% tax on all electricity used for mining cryptocurrencies like Bitcoin. The tax would be...
Russian Firm Launches Crypto Mining Mutual Fund
Russian investment management firm Finam Management has launched a fund to finance crypto mining operations in the country. According to Russian business outlet Kommersant, the...