[Apr 24, 2023 4:39 AM] After weeks of gains, the crypto market finally succumbed to the bears. According to CoinMarketCap, the total market cap of cryptos is at $1.12 trillion, a measly 0.22% increase from yesterday. Since the start of the week, the metric has gone down…
[Apr 11, 2023 2:00 PM] On Tuesday, the bitcoin mining company Cleanspark announced that it had purchased 45,000 Antminer S19 XP bitcoin mining devices for a total price of $144.9 million. Cleanspark stated that the new fleet would add 6.3 exahash per second (EH/s) of…
[Apr 9, 2023 9:58 PM] Hong Kong has already taken serious steps to develop the Web3 industry and its Financial Secretary says now is the right time to keep moving forward.
[Apr 6, 2023 7:35 PM] Bitcoin’s strong start to 2023 is persisting despite numerous headwinds, and is currently outperforming the S&P 500 Index by nearly 60 percentage points.
[Mar 10, 2023 2:30 PM] There are only ten days into March, and volatility in the crypto markets has heightened, with both bitcoin and ethereum falling to two-month lows. A collapse in Silvergate Bank was one of the major catalysts leading to this month’s bearish…
[Mar 9, 2023 7:30 AM] In another shocking twist that has dealt a severe blow to the price of bitcoin, crypto-friendly bank Silvergate announced that it would be winding down operations as the contagion from the FTX collapse spreads. Naturally, this led to a swift…
[Mar 6, 2023 12:30 PM] Crypto investor sentiment is already on the downside following the market crash, erasing the progress that has been made over the last month. The Fear & Greed Index is now on a reversal, falling back to its lowest point in over one month…
[Feb 9, 2023 9:00 AM] Localbitcoins, the Helsinki, Finland-based bitcoin exchange founded in 2012, is closing operations after over a decade of service. The company’s operators attribute the shutdown to the “ongoing crypto-winter,” which has left…
[Feb 5, 2023 7:39 PM] The bankruptcies of once high-profile crypto players are “painful” but helpful said Michael Saylor but added industry oversight is still needed.
[Feb 2, 2023 7:00 AM] Digital gold mining companies suffered harsher drawdowns than their legacy counterparts in 2022.Bitcoin’s prominent memetic narrative as “digital gold” begs a comparison to the real yellow metal. But since the advent of Bitcoin, comparative…
[Jan 31, 2023 12:08 AM] It was a tough month for crypto employees, with at least 14 firms announcing staff reductions, including Coinbase, Gemini, Digital Currency Group, ConsenSys and Blockchain.com.
[Jan 22, 2023 11:59 PM] Bitcoin nearly broke its record for the longest streak of daily green price candles this month, but many believe its recent surge could be short-lived.
[Jan 17, 2023 4:30 PM] The top two crypto assets have risen significantly in the past seven days, with bitcoin jumping 22.6% and ethereum increasing 18.6% against the U.S. dollar. According to market data, both crypto assets saw the largest increase on Saturday, Jan. 14…
[Jan 12, 2023 9:59 AM] With every bear market, we can build Bitcoin back stronger than ever. The Bitcoin 2023 conference will be our next chance to do so.This is an opinion editorial by Brandon Green, the chief of staff for BTC Inc and an organizer of the Bitcoin 2023…
[Jan 6, 2023 1:30 PM] The cryptocurrency exchange Huobi is laying off 20% of its employees, according to multiple reports over the past two days. However, Huobi’s advisor Justin Sun, the founder of Tron, told the South China Morning Post that the layoff reports…
[Jan 5, 2023 12:20 AM] Crypto.com is one of the centralized exchanges that survived the market tribulations of 2022. Recent analysis done by CryptoCompare shows that the CEX had an average market share of 4.6% last year. Its native token Cronos, despite the challenges…
[Dec 7, 2022 11:35 AM] Bear market history never repeats, but it often rhymes and these six datasets show how the bitcoin mining industry is faring today.Bitcoin mining companies continue struggling to survive the ongoing bear market. Dreams of outperforming bitcoin as a…
[Dec 5, 2022 10:27 AM] The inflection point in every bitcoin bear market is capitulation, and the mining sector may have just reached its own trough of bearishness.This is an opinion editorial by Zack Voell, a bitcoin mining and markets researcher.Bitcoin miners often…
[Dec 5, 2022 4:59 AM] In recent days, Bitcoin has shown a good degree of bullishness. CoinGecko reports that Bitcoin’s price has increased on a daily and biweekly basis, suggesting that the market may be recovering from FTX’s fall. Investors at large were…
[Dec 2, 2022 10:00 PM] After Jerome Powell’s speech, markets are caught in the middle. Participants are hoping for a pivot. Is the bottom in or is more pain on the horizon? The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine's…
[Nov 29, 2022 1:43 AM] Polkadot (DOT), the 11th largest cryptocurrency with an overall valuation of nearly $6 billion, continues to keep its losses in this prevailing crypto winter to minimal levels. On November 8, despite the negative effects of the collapse of the FTX…
[Nov 26, 2022 6:00 PM] On Saturday, members of the forum r/cryptocurrency discussed how the current bear market is now the second-longest bear market in the history of bitcoin prices. According to the forum post, the current crypto winter has lasted more than 380 days…
[Nov 21, 2022 9:30 AM] Just before the FTX collapse, bitcoin was trading above the $20K zone and after the problems started to show and the company filed for bankruptcy, bitcoin’s price dropped close to 19% lower than it was days before the fiasco. According to…
[Nov 17, 2022 5:55 PM] This bear market has seen the collapse of Celsius, Three Arrows Capital, Voyager, and now FTX, but the worst is likely over, a hedge fund executive suggests.
[Nov 14, 2022 4:00 PM] Investors piled into stablecoins following FTX’s collapse, and an uptick in DEX activity suggests a rising interest in self-custody options.
[Nov 14, 2022 7:30 AM] Bitcoin started the week trading below $17,000, as volatility in the cryptocurrency space continued to intensify. Following last week’s collapse of FTX, account withdrawals have increased, with several customers opting to remove their tokens…
[Nov 9, 2022 2:00 AM] It’s possible that the bitcoin price reached a bottom already, but macro headwinds may take it lower. Only time will tell if the bottom is in.This is a transcribed excerpt of the “Bitcoin Magazine Podcast,” hosted by P and Q. In this…
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