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…
SUI hits monthly highs as Grayscale opens Sui Trust to accredited investors crypto.news + 1 more 11 h Sui recorded an impressive bullish run last day propelled by Grayscale’s recent move to open its Sui Trust to accredited investors. Sui (SUI) registered a 17% price surge over the past day — rising from $0.74…
$20 Billion Mirage: Ethereum Projects Treasuries on Shaky Ground u.today 11 h On paper, Ethereum-based projects appear to have enormous treasuries, with some treasuries containing billions of dollars worth of native tokens. But upon closer inspection, a lot of these funds are questionable. Although these projects may seem stable on the surface, the bulk…
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…
