Democratic Megadonor Ron Conway Cuts Ties with Crypto Super PACs
TL;DR Ron Conway, a major Democratic donor, cut ties with crypto super PACs after they pledged $12 million to unseat Senator Sherrod Brown without his knowledge,...
Tag : Bitcoin
Dormant Bitcoin Wallet Surges 8,844% After 10.7 Years of Inactivity
by Fernando
TL;DR A Bitcoin wallet inactive for 10.7 years shows an 8,844% gain. The wallet, valued at $13,259 in 2013, now has a value of $1,185,944....
Bitcoin Price Analysis: CrypNuevo’s Predictions and Market Outlook
by jose
TL;DR Short-Term Bull Trap: Bitcoin analyst CrypNuevo predicts a brief breakout to around $62,000, followed by a drop below $54,000, creating a “bull trap” for...
Samson Mow Highlights Why Bitcoin Is a Safe Haven
by Fernando
TL;DR Samson Mow explains why Bitcoin is considered a “risk-off” asset for certain investors. The CEO of JAN3 highlights four groups that view the crypto...
IMF Proposes Electricity Tax to Curb Carbon Emissions from Crypto Mining and Data Centers
TL;DR Cryptocurrency mining and data centers account for 2% of global electricity consumption and nearly 1% of carbon emissions. These figures are expected to rise...
Bitcoin Suffers Pressure from Whales
TL;DR Whales have liquidated over 10,000 BTC, equivalent to $600 million, creating downward pressure on the market. Bitcoin remains in a consolidation phase around $59,000,...
Marathon Digital Announces $250M Convertible Notes Offering to Strengthen Bitcoin Holdings
TL;DR Marathon Digital Holdings will conduct a private offering of $250 million in convertible senior notes, maturing in 2031. The funds will be primarily used...
Bitcoin Mining Profitability Hits Record Lows Amid Soaring Difficulty and Costs
TL;DR Bitcoin mining profitability reached historic lows on August 5, with a “hash price” below $36 per PH/s. Major mining companies are adopting various strategies...
Bitcoin ETF from iShares Faces Rough Week, Market Remains Unshaken
by jose
TL;DR The Bitcoin ETF managed by iShares (IBIT) had a rough start to the week, dropping 14% at the market opening on August 5, following...
Ark Invest Strengthens Its Position in Coinbase Amid Volatility
by Fernando
TL;DR Ark Invest purchased Coinbase shares: Ark Invest acquired 93,797 Coinbase shares, worth $17.8 million, on August 5, 2024. Portfolio rebalancing: Ark also bought Robinhood...
