Valencia, Spain, April 5th 2021: A golden bitcoin on the dirty hand of a miner. Metaphor of mining BTC and cryptocurrencies. Digital business and decentralized finances concept. Indeed, the Bitcoin price has been on a hot streak in recent weeks, returning to its past heights most investors have become accustomed to. However, the past week
(Bloomberg) — Bitcoin exceeded $62,000 after Donald Trump’s defiant response to an assassination attempt spurred speculation that the pro-crypto former president’s chances of winning reelection have climbed. Most Read from Bloomberg The largest digital asset rose as much as 4.5% on Monday and traded at $62,609 as of 5:15 a.m. in London, the highest level
(Bloomberg) — Bitcoin fell for a fourth consecutive trading session, reaching the lowest since February, on concerns about potential selling by governments, creditors of a failed exchange and beleaguered crypto miners. Most Read from Bloomberg The original digital asset fell as much as 8% to $53,602, before paring the decline by about half. Most cryptocurrencies
Hut 8 Corp. Miami, July 01, 2024 (GLOBE NEWSWIRE) — Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), a leading, vertically integrated operator of large-scale energy infrastructure and one of North America’s largest Bitcoin miners, is pleased to announce it has closed its previously announced $150 million convertible note investment from
The Bitcoin (CRYPTO: BTC) halving event took place in April, as expected. Bitcoin miners now get half the rewards for the same amount of work. Are mining specialists like Riot Platforms (NASDAQ: RIOT) facing insurmountable economic challenges now, or are they poised to skyrocket on the back of a soaring Bitcoin price? Or does the
History shows that during bull markets, Bitcoin (CRYPTO: BTC) miners almost always outperform the cryptocurrency itself. Yet over the past few months, Bitcoin miners have been hit particularly hard as investors poured into spot Bitcoin ETFs as a means of Bitcoin exposure via the stock market, a role miners previously served. Making matters worse, Bitcoin