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Bitcoin Miner Revenue Hits New All Time High Among Other Key Metrics: Potential Bull Case? 

Bitcoin Miner Income Hits New All Time Excessive Amongst Different Key Metrics: Potential Bull Case? 

Whole Bitcoin miner income has been on a gradual uptrend for the reason that begin of the 12 months, hitting its new all time excessive on Friday. In keeping with figures from on-chain analytics website Glassnode, miners are actually making an combination $64 million from newly minted cash and costs — up almost 400% since …

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Bitcoin Investment Firm NYDIG Raises Additional $100 Million

Bitcoin Funding Agency NYDIG Raises Extra $100 Million

Crypto funding supplier NYDIG raised an extra $100 million in development capital earlier this week. The brand new funding spherical featured MassMutual, Stone Ridge Holdings, New York Life, and Liberty Mutual Insurance coverage, amongst others as strategic companions. This follows the funding agency’s $200 million money injection again in early March.  Within the earlier funding …

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Kimchi Premium Soars 17% as South Korea’s Crypto Market Turns Bullish

Kimchi Premium Soars 17% as South Korea’s Crypto Market Turns Bullish

Since March’s excessive volatility, Bitcoin value motion has been much more secure. The key cryptocurrency has continued to hover across the $57,000 to $58,000 value degree, seeing minimal fluctuations with the Bitcoin Volatility Index sitting at 3.21%.  In South Korea, nevertheless, the resurgence of the native crypto scene and tightening laws have led Bitcoin costs …

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Is Grayscale Bitcoin Trust's Demise Inevitable? GBTC Premium Negative for a Consecutive Month

Is Grayscale Bitcoin Belief’s Demise Inevitable? GBTC Premium Detrimental for a Consecutive Month

Since February, Grayscale Bitcoin Belief (GBTC) has continued to commerce at a damaging premium. The Bitcoin fund, accessible to institutional buyers on the normal inventory market, has traded under the value of Bitcoin since February 22, 2021 — a telling signal that its demand was drying up. Simply 4 months in the past, GBTC”s premium …

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Bitcoin Miners Net Position Turns Positive: Is A Rally to New Highs Overdue?

Bitcoin Miners Web Place Turns Constructive: Is A Rally to New Highs Overdue?

After weeks of gut-wrenching volatility, the beginning of April has been a lot kinder to Bitcoin. Following a record-breaking $6.4b choices expiry, Bitcoin’s worth motion has been far much less unstable up to now few days. Based on the Bitcoin Volatility Index, its 30-day volatility has dropped from a excessive of 5.34% on March 9 …

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Bitcoin closes six monthly green candles for the first time since 2013

Bitcoin closes six month-to-month inexperienced candles for the primary time since 2013

Bitcoin has simply closed six consecutive month-to-month inexperienced candles for the primary time since April 2013. Ought to historical past repeat, Bitcoin could get pleasure from additional parabolic features this 12 months. In April 2013, Bitcoin closed at roughly $140 after posting six inexperienced month-to-month candles. Whereas the markets would retrace to lower than $100 …

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Man Loses Life Savings to Phony Bitcoin iOS App- Over a Million Dollars in BTC Drained

Man Loses Life Financial savings to Phony Bitcoin iOS App- Over a Million {Dollars} in BTC Drained – Bitcoin Information

Only in the near past, a person misplaced all of his life financial savings in a matter of no time after he downloaded a malicious and phony Trezor utility onto his iOS smartphone from Apple’s App Retailer. Phillipe Christodoulou misplaced 17.1 bitcoin or over 1,000,000 {dollars} value of the cryptocurrency utilizing in the present day’s …

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Bitcoin Has Won Over Institutional Investors: Could Governments Be Next?

Bitcoin Has Gained Over Institutional Traders: Might Governments Be Subsequent?

When Bitcoin surged to an all-time excessive of $17,000 in late 2017, the cryptocurrency headlined media shops and monetary journals — however not for the correct causes. Analysts and main institutional figureheads bashed and ostracized the promising digital asset, dubbing it a “fraud” and “ineffective as a cost system.” Not quickly after, Bitcoin suffered a …

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Youtuber Builds a Bitcoin Miner Out of a 31-year old Nintendo Game Boy – Bitcoin News

Youtuber Builds a Bitcoin Miner Out of a 31-year outdated Nintendo Sport Boy – Bitcoin Information

On Saturday, a well-liked Youtuber named Stacksmashing revealed a video that reveals him hacking a 1989 Nintendo Sport Boy with a view to mine bitcoin. Regardless of the creativity and the truth that the miner solely leverages 4 double-A batteries, Stacksmashing famous that the 8-bit handheld sport console was not almost as highly effective as …

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Ark Invest CEO on Bitcoin: “1 Trillion is Nothing” Compared to Future Growth

Ark Make investments CEO on Bitcoin: “1 Trillion is Nothing” In comparison with Future Development

Again in 2018, Ark Make investments CEO Cathie Wooden infamously predicted that Tesla shares would attain $4,000 in a matter of some years. Traders and critics ostracized her high-conviction guess, as on the time, Tesla was going through a significant liquidity crunch and on the point of chapter.  It appeared like an not possible process …

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