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2 years, 1 month ago
Bitcoin Mining Difficulty Hits All-Time High as BTC Price Hovers Around $26K
Bitcoin’s mining difficulty has reached a new peak as the cryptocurrency hovers around the $26,000 price level. According to the latest edition of the weekly report from crypto exchange Bitfinex, the mining d…
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2 years, 1 month agoBitcoin Price Support Zone Offers Rare Buying Opportunity: Analysis
Bitcoin (BTC) is currently trading around $26,060, offering investors a rare chance to buy at a support zone with a “100% long hit rate,” according to crypto asset manager Capriole Investments. The firm sug…
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2 years, 1 month agoCanaan Inc. Reports 33.7% Increase in Mining Revenue for Q2 2023
Canaan Inc. (NASDAQ: CAN), one of the leading Bitcoin mining companies, has reported its unaudited financial results for Q2, 2023. The company saw its total revenue rise to $73.9 million, a 33.7% increase compared…
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2 years, 1 month agoCanaan Records Historic High Mining Revenue Despite Operating at a Loss
Canaan, a Bitcoin (BTC) miner, reported a loss in its second-quarter financial report despite increasing mining revenue and computing power. The miner generated a total revenue of $73.9 million, while its “cost o…
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2 years, 1 month agoUnveiling the Potential of Hedera in Blockchain and FedNow
The Hedera blockchain network is a decentralized, open-source public ledger that is revolutionizing the blockchain industry. It utilizes the hashgraph consensus algorithm to solve key issues facing blockchain…
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2 years, 1 month agoBinance Excludes Banco de Venezuela from P2P Payment Methods
Binance, the world’s largest cryptocurrency exchange, has removed Banco de Venezuela (BDV) from its list of accepted P2P trading payment methods. This exclusion has caused a stir among Venezuelan digital currency e…
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2 years, 1 month agoIndian Crypto Exchanges Cut Staff Amid Prolonged Crypto Winter
CoinSwitch, a crypto exchange based in India, has recently cut its workforce due to the prolonged cryptocurrency winter. The exchange has laid off 44 employees from its customer support division in August, citing…
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2 years, 1 month agoRipple Strengthens Canadian Connections with University Collaborations
Ripple Labs has been actively expanding its presence in Canada, collaborating with the University of Toronto and the University of Waterloo. The University of Waterloo has been researching Central Bank Digital…
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2 years, 1 month agoGolden Inu Soars 16% as Investors Flock to Token-Burning Portal
The Shiba Inu (SHIB) token has experienced a 1% decline in value over the past 24 hours, disappointing holders who were expecting a surge in price after the launch of Shibarium. Over the past weeks, the team behind…
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2 years, 1 month agoCanaan Reports Growth in Computing Power and BTC Mining Revenues Despite Net Loss
Canaan, a Bitcoin mining company listed on the NASDAQ, reported its unaudited financial results for Q2 2023. The company saw growth in computing power sold and BTC mining revenues, but faced a significant net loss…
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2 years, 1 month agoBitcoin Struggles at $26K Support: Will Price Drop Below $25K Before Reaching $30K?
Bitcoin (BTC) has been struggling to stay afloat at $26,000 and continues to face selling pressure amid weakening technical indicators. As of press time, Bitcoin is trading at $25,972 with a market cap of $505…
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2 years, 1 month agoVC Spectra (SPCT) Offers High ROI with Real-World Utility
VC Spectra (SPCT) is a decentralized hedge fund that is revolutionizing the crypto investment world. It offers a platform that bridges advanced investment opportunities with those with minimal industry insights.…
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2 years, 1 month agoPolytrade Showcases Invoice Financing Possibilities with Mastercard's Blockchain Scheme
Mastercard has recently announced a new blockchain-based scheme, sparking optimism among the public. Polytrade, a company specializing in invoice financing, has showcased the possibilities of the new technology.…
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bob wrote a new post
2 years, 1 month agoCanaan Inc. Reports 33.7% Increase in Mining Revenue for Q2 2023
Canaan Inc. (NASDAQ: CAN), one of the leading Bitcoin mining companies, has reported its unaudited financial results for Q2, 2023. The company saw its total revenue rise to $73.9 million, a 33.7% increase compared…
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bob wrote a new post
2 years, 1 month agoDCG and Genesis Creditors Reach In-Principle Agreement
The US and EU have imposed sanctions on Russia after it invaded Ukraine last year, banning the acquisition, import, or transfer of coal and other solid fossil fuels. Digital Currency Group (DCG) is now moving…
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2 years, 1 month agoHong Kong's Hashkey Exchange Upgrades License to Offer Crypto Trading to Retail Investors
Hong Kong’s Hashkey Exchange has recently upgraded its license to offer services to retail investors, allowing them to trade Bitcoin (BTC) and Ethereum (ETH) directly with US dollar deposits. The exchange p…
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2 years, 1 month agoBinance Removes Banco de Venezuela from P2P Platform Amid Sanctions
Binance, the world’s largest crypto exchange, has removed Banco de Venezuela from its peer-to-peer (P2P) trading service. This follows similar moves with sanctioned Russian banks last week, and is likely part of e…
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2 years, 1 month agoEmotiCoin Launches Revolutionary Reverse Splits Protocol
EmotiCoin has officially launched its groundbreaking Reverse Splits Protocol (RSP), an event that has been highly anticipated by the crypto community. The team behind the project is comprised of industry veterans…
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2 years, 1 month agoIngsai Finance Inc Secures $80 Million Investment from Grong Capital, Poised for NASDAQ Listing
Ingsai Finance Inc, a USA-based financial services company renowned for its expertise in high-frequency and algorithmic trading, has achieved a monumental stride towards its journey of prosperity. Grong Capital, a…
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2 years, 1 month agoAkropolis (AKRO) Price Surges 441% in a Year, 30% in 24 Hours
The Akropolis Protocol is a decentralized finance (DeFi) protocol that focuses on under-collateralized loans and other financial services. The Akropolis Delphi Token (ADEL) was launched on the Ethereum mainnet in…
