Cleanspark Acquires 5 Bitcoin Mining Facilities in Georgia for $25.8 Million
Cleanspark Inc. has announced the acquisition of five new bitcoin mining facilities in Georgia for $25.8 million. The deal is expected to close immediately, increasing the company’s operating hashrate to over 20 EH/s by the end of the month…
Beercoin Price Sinking but Expert Says This Sealana Meme Coin Could Explode Next
Solana-based cryptocurrency Beercoin has begun to show weakness after monumental early success. However, another Solana-based meme coin, Sealana, is just days out from its exchange launch, and analysts are hopeful that it could explode next. BEER…
Bitcoin, Solana Suffer As Institutional Investors Pull $600 Million Out Of Crypto Funds
Crypto funds witnessed outflows last week after recording five weeks of consecutive inflows. According to CoinShares data, digital asset funds saw $600 million in net outflows for the week ending June 14. The outflows were concentrated in Bitcoin…
Gen-Z is, without a doubt, the most tech-savvy generation. Growing up with technology from day one, they possess an innate understanding of digital platforms and navigate the online world with ease. This generation's familiarity with technology…
Bitcoin Price Decline Continues, Dipping to $64,050 on Bitstamp
The price of bitcoin (BTC) fell below the $65,000 mark on Tuesday, reaching a low of $64,050 on Bitstamp. At 10:10 a.m. Eastern Time, BTC was trading at around $64,624 per coin. The last time BTC was in this price range was mid-May. Over the past…
Sky Mavis co-founder Jeff Zirlin told Cointelegraph that the company is preparing for a future when it will have to handle 400 million to four billion transactions.
Bitmain’s New S21 Bitcoin Mining Rigs Debut With up to 473 TH/s of Hashpower
At the World Digital Mining Summit in Las Vegas, Bitmain, a leading manufacturer of application-specific integrated circuit (ASIC) bitcoin mining rigs, introduced two new mining machines. Both models—one air-cooled and one hydro-cooled—boast an…
Fox’s Verify protocol is set to transition to its own zero-knowledge blockchain, enabling developers to create authentically provable projects and content.
Cardano Founder’s Pig NIKE Sparks Memecoin Craze, Market Cap Nears $1 Million
A memecoin inspired by Cardano founder Charles Hoskinson’s pet pig Nike has captured the community’s attention. Within just 12 hours of Hoskinson‘s post on X, NIKE’s market capitalization soared close to $1 million…
Solana gaming studio Mirror World raises $12M in funding
The firm’s Sonic protocol, launched in March, is the first gaming rollup on Solana that allows developers to create SVM chains for their GameFi projects.
US Spot Bitcoin ETFs Face Third Day of Outflows, $145 Million Drained on Monday
U.S. spot bitcoin exchange-traded funds (ETFs) experienced their third consecutive day of outflows on Monday, losing over $145 million. Fidelity’s FBTC continued to lead the outflows with $92 million exiting the fund on June 17…
First Mover Americas: Crypto Majors Slide Further; SOL, DOGE Among Worst Affected
The latest price moves in bitcoin (BTC) and crypto markets in context for June 18, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Miners Face 8.4% Profit Decline Amid Falling Hashprice and Market Pressures
In the last three days, bitcoin miners have experienced an 8.4% drop in profits, echoing a decrease in bitcoin prices. Since then, the network’s hashrate has fallen below the 600 exahash per second (EH/s) mark. Price Drop Squeezes Bitcoin…
Potential Downtrend In Play? TON Struggles As Price Falls Below $7.7
TON has experienced a dramatic price shift, falling below $7.7 three days after reaching an all-time high of $8.2. This sudden decline has caught the attention of investors and market analysts, raising concerns and sparking discussions about the…
AI-Related Coins Slide as Google Search Shows Peak Retail Investor Interest
Spikes in crypto-related Google search queries have historically occurred at major market tops, validating legendary investor Warren Buffet's mantra of buying in doom and selling in boom.
From Cheers To Tears: Beercoin (BEER) Dries Up, Loses 70% Of Its Value
Beercoin, the effervescent Solana-based meme coin that promised a taste of financial freedom, is experiencing a hangover of epic proportions. After a meteoric rise in price earlier this month, Beercoin has come crashing down, plummeting by nearly…
Coinbase International Adds Support for Trading Pre-Launch Tokens
Coinbase International has announced its support for pre-launch markets, a platform that allows traders to trade perpetual futures contracts for tokens that are yet to launch. This feature offers traders the opportunity to participate in price…
XRP Set For Monumental Rally: Analyst Points To Extremely Rare Signal
The latest chart analysis by crypto analyst @Cryptobilbuwoo0, published via X, offers a compelling narrative for XRP’s potential upward trajectory when juxtaposed against the total cryptocurrency market capitalization. The analyst emphasizes…
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