Shares in Bitcoin miner Core Scientific dropped just over 10% following its announcement of offering up to $400 million in convertible senior notes to investors, up from the initial $350 million a day earlier. A […]
Ethereum has seen the greatest advantage from the recent market downturn as investors appeared to have viewed the price weakness as a buying opportunity. In fact, data suggests that Ethereum has managed to attract $155 […]
BitGo CEO Mike Belshe has brushed off claims that Justin Sun’s involvement in its Wrapped Bitcoin business will somehow impact its security or transparency. On Aug. 9, cryptocurrency custody platform BitGo announced changes to its […]
Santa Monica, California, is making a significant push into the crypto industry with the launch of a dedicated Bitcoin office and plans for a Bitcoin festival by October. The City Council approved the Bitcoin Office […]
According to Grayscale Research, Bitcoin might revisit its all-time high later this year if the U.S. economy avoids a recession. This optimistic outlook follows a period of stabilization in both crypto assets and broader financial […]
Retail investors could be making a steady return to the crypto market after a notable upward trend in the number of daily new addresses being created, an intelligence platform has speculated. In an Aug. 8 […]
Bitcoin (BTC), Ethereum (ETH), and the broader crypto market have notably recovered following Monday’s market meltdown. After dipping to the $49,000 level on August 5, Bitcoin is now trading at $57,375. Similarly, Ethereum has regained […]
The ongoing turmoil in the Japanese and United States stock markets has triggered heightened volatility in the crypto space. This highlights the interconnectedness of global markets and Bitcoin’s growing correlation with traditional finance (TradFi) markets. […]
Bitcoin (BTC) transactions on crypto exchanges skyrocketed amid turbulent market conditions, marking a new all-time high in trading volume in the fourth cycle of Bitcoin halving. On Aug. 5, numerous crypto traders suffered huge losses […]
For the first time since February, Bitcoin’s (BTC) price has fallen below $50,000. In the early hours of August 5, the coin ranked as the most valuable cryptocurrency dropped as low as $49,032. The decrease […]
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