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Bitcoin
Bitcoin network power demand falls to 10.65GW as hash rate sees 14% drop
The Bitcoin network recorded the year 2022’s lowest power demand of 10.65 gigawatts (GW). At its peak, the BTC network demanded 16.09 GW of power. 352 Total views 32 Total shares The overall power consumption of the Bitcoin (BTC)…
University of Cincinnati turning crypto craze into educational curriculum
The programs, which are funded by a longtime supporter of the university, will teach students about Bitcoin and other digital assets. 81 Total views 16 Total shares Cryptocurrencies are attracting a lot of attention from academic…
ProShares will launch ETF aimed at shorting Bitcoin following dip under $20K
The ETF will allow U.S. investors to bet against BTC using futures contracts given the cryptocurrency’s performance in a single day, as measured by the CME Bitcoin Futures Index. 3809 Total views 51 Total shares The firm behind one of…
‘Bitcoin dead’ Google searches hit new all-time high
Sentiment in the crypto community is the lowest it has ever been, leading to fresh speculation that BTC is a dying asset. 11090 Total views 904 Total shares Collapsing Bitcoin (BTC) prices are reviving renewed speculation about the…
Iranian government to cut power supply for the country’s legal crypto mining rigs
For years, the country has heavily subsidized its electricity production leading to extremely low prices. It claims that this has now become unsustainable. 2151 Total views 25 Total shares According to local news outlet Arz Digital,…
More ‘forced selling’ ahead? Purpose Bitcoin ETF holdings plunge by 51% in biggest…
Canada's Purpose Bitcoin ETF (BTCC) witnessed its Bitcoin (BTC) holdings slashed by half in just one day, suggesting an alarmingly waning buying sentiment among the crypto's most-experienced investors.Purpose Bitcoin ETF has 51% of AUM…
Why the crypto market crash may play in Bitcoin’s favour
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Price analysis 6/22: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, LEO, SHIB
Bitcoin (BTC) continues to face a tough battle near the psychological level of $20,000 as the bulls and the bears attempt to assert their supremacy. Trading firm QCP Capital said in their latest market circular that funding rates on…
Voyager enters into $500M loan agreement with Alameda amid 3AC exposure
Voyager announced that Three Arrows Capital owes the firm 15,250 BTC and $350 million USDC. 299 Total views 4 Total shares Trading platform Voyager Digital takes a loan from trading firm Alameda Research because of its exposure to…
Price analysis 6/20: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, LEO, AVAX
The crypto markets have been in a strong bear phase for the past several months but JPMorgan Chase analysts expect that to change and they have projected a significant upside from the current levels. The analysts cited the rising share of…