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Bitcoin should “logically” be headed for a “sell-the-news” correction in January, according to analysts, but that doesn’t mean that’s how it’s going to shake out. Go to Source
Ava Labs CEO Emin Gün Sirer however stressed the firm is well-positioned with significant runway and resources at its disposal. Go to Source
Wyre has begun the process of winding down and noted that interested parties can now start inquiring about purchasing the firm’s assets. Go to Source Powered by WPeMatico
“Existing and new investors” will contribute to the $100 million, according to someone familiar with the situation. Go to Source Powered by WPeMatico
Bitcoin fell to a seven-week low on May 12, as prices dropped below the $27,000 level in today’s session. Friday’s decline came as a red wave swept through cryptocurrencies, with the market cap down 2.75% as of writing. Ethereum also slipped to its weakest point since March. Bitcoin Bitcoin (BTC) dropped below the $27,000 level … Read more
“Huge DJs” no longer appear at crypto events, instead, attendees are seeing more “well thought out, intelligent questions” being asked. Go to Source Powered by WPeMatico
On Tuesday, the bitcoin mining company Cleanspark announced that it had purchased 45,000 Antminer S19 XP bitcoin mining devices for a total price of $144.9 million. Cleanspark stated that the new fleet would add 6.3 exahash per second (EH/s) of computational power to the company’s current 6.7 EH/s. Cleanspark Acquires 45,000 Bitmain Antminers for $144.9 … Read more
Hong Kong has already taken serious steps to develop the Web3 industry and its Financial Secretary says now is the right time to keep moving forward. Go to Source Powered by WPeMatico
Despite the crypto bear market in 2022, there wasn’t a significant decline in NFT adoption, according to the report. Go to Source Powered by WPeMatico
Bitcoin’s strong start to 2023 is persisting despite numerous headwinds, and is currently outperforming the S&P 500 Index by nearly 60 percentage points. Go to Source Powered by WPeMatico
