Bitcoin Miners Are Selling Again: CryptoQuant
Bitcoin (BTC) has fallen 4.5% in the past seven days, going to a monthly low of $65,000. This plunge in the digital asset’s value could be linked to increased selling…
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Trump Champions Bitcoin Mining, Vietnamese Increase Gold Buying, and More — Week in Review
Former U.S. President Donald Trump expressed support for the bitcoin mining industry, advocating for producing the remaining bitcoin in the U.S. to enhance national energy dominance. Vietnam sees increased interest…
Nicehash Partners With Marathon to Launch Custom Firmware for ASIC Bitcoin Miners
The bitcoin hashing power marketplace, Nicehash, has launched custom software for ASIC miners optimized for its mining platform. The firmware is designed to help miners drive greater efficiency from ASIC…
Riot Platforms Boosts Bitfarms Stake with Additional Share Acquisition
Riot Platforms has announced the purchase of an additional 1,432,063 shares of Bitfarms. The acquisition, completed on June 10 at approximately $2.7 per share, represents an investment of around $3.87…
Donald Trump Pledges to Champion Bitcoin Mining in Historic Meeting With Industry Leaders
Former U.S. President and presidential candidate Donald Trump has engaged with leaders in the bitcoin mining sector, expressing his support for the industry. Trump stressed that bitcoin mining “may be…
Trump vs Biden: Riot’s Morgenstern Highlights Stark Contrast in Crypto Policies
Brian Morgenstern of Riot Platforms shared his insights on the 2024 election’s impact on bitcoin and the crypto industry, praising former U.S. President Donald Trump’s pro-bitcoin stance and criticizing President…
Donald Trump Pushes for All Remaining Bitcoin to be Mined in the US
Donald Trump is covering all his bases to pull in the crypto crowd. This time around, he has turned to championing Bitcoin mining not just in Washington, D.C., but also…
Bitfarms Outlines Defense Plan Against Rival Riot’s Ongoing Takeover Bid
Bitfarms announced on Monday that its Board of Directors has unanimously approved a shareholder rights plan, effective immediately, to preserve the integrity of its strategic alternatives review process in response…
Bitcoin Miner Core Scientific Partners With AI Firm, Forecasts $3.5 Billion in Revenue
Core Scientific, a top player in North America’s digital infrastructure industry, has announced a strategic partnership involving a series of long-term contracts extending over 12 years with CoreWeave, an AI…
Riot Stock Rebounds Strongly, Shrugging Off Short Seller’s Report
Riot shares experienced a recovery on June 5 following a report from short seller Kerrisdale Capital. The paper, released just before the Nasdaq opened, accused Riot of mismanagement and predicted…
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