2023-8-23 10:18 |
BTC price action is causing some to panic, but Bitcoin miner confidence in the network is there for all to see.
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CleanSpark shares plummeted as investors wait for that earnings report, and with the volatility in the crypto sector, it’s anyone’s guess where the stock might land next.
IREN, once known for mining Bitcoin, is undergoing a dramatic reinvention as an AI infrastructure provider—a transformation that will soon face a critical test.
While price action has always been volatile and, arguably, exciting, the Bitcoin network itself is built to feel boring. Ten minutes per block, tick tock, rinse and repeat, a metronome you can set your watch to.
The euphoria of October’s record highs has evaporated, leaving the industrial backbone of the Bitcoin network facing a brutal reality check. According to CryptoSlate's data, Bitcoin is currently trading near $78,000, a level that represents a punishing decline of more than 38% from its all-time high of over $126,000 just four months ago.
Bitcoin supply guide: cost-basis bands, miner stress, and ETF flow signals Bitcoin is currently trading outside a $93,000–$110,000 cost-basis band that Glassnode frames as an “overhead supply” zone.
Bitcoin Magazine Trump Family-Backed American Bitcoin ($ABTC) Buys More Bitcoin, Holdings Reach 5,843 BTC American Bitcoin, a Trump-family-backed miner, has grown its bitcoin holdings to about 5,843 BTC, making it one of the largest corporate holders.
Kingsport City Board of Mayor and Aldermen has approved amendments to zoning rules that make it possible for cryptocurrency mining companies and data centers to operate locally, at a time when noise from such operations has become a contentious issue…