Bitcoin Miners Go BRRR, While Profit Margins Go Brrrr-oke financemagnates.com 9 h The difficulty of mining Bitcoin (BTC) has surged to unprecedented levels, intensifying competition among publicly listed cryptocurrency miners from Wall Street and putting pressure on their profit margins. Despite the “miners go BRRR” (reference to a popular money-printing meme) at full speed,…
Bitcoin mining CEOs agree on $250k price target for 2028 halving cryptoslate.com 9 h Bitcoin mining executives from top firms gathered at the HC Wainwright Bitcoin Mining Panel on Sept. 10 to discuss industry trends, challenges, and the future of Bitcoin. The panel, moderated by Anthony Scaramucci of SkyBridge Capital, featured CEOs from prominent…
The Beginner’s Ultimate Guide to Buying Bitcoin in 2024 financemagnates.com 11 h Bitcoin’s reliability, security, and status as a premier store of value have kept it firmly on top as the king of cryptocurrency. Despite its notorious volatility, Bitcoin continues to draw in seasoned investors and those just starting. If you’re new to digital…
Bitcoin Bargain Hunters Active on Kraken and Coinbase, CCData Shows coindesk.com 12 h Buy-sell ratios point to bargain hunting over Kraken and Coinbase. The average trade size indicates that dip-demand stems from large traders. Bitcoin (BTC) bargain hunters are active on Kraken and Coinbase (COIN), snapping up coins at perceived discounts as selling pressure…
Gold Hits All-Time High While Bitcoin Struggles : Is Crypto Bull Run Over? coinpedia.org 12 h At present, the price of Bitcoin stands at $58,027.33. In the last 30 days, the price has seen a fall of at least 1.9%. Meanwhile, Gold has hit a new all-time high of 2,518.86 USD/oz. The data reveals…
Ceffu Deposits Over 7,600 BTC to Binance in the Past Month, $38.6M Transferred in Latest Transaction blockchainreporter.net 12 h Ceffu, a custody service, made a significant transfer of 683 BTC ($38.6M) to Binance just six hours ago, marking one of its latest movements on the exchange. This comes as part of a broader trend,…
Bitcoin Climbs Above $58,000, But Experts Say Bullish Sentiment Is Waning decrypt.co 8 h Bitcoin climbed 3% on Thursday morning, rising past $58,000, driven by investor response to August’s Consumer Price Index (CPI) report. The headline CPI slowed to a 2.5% annual increase, slightly below the expected 2.6%, marking its lowest level since February…
