2018-6-11 23:19 |
The Bitcoin Gold team promises to announce the exact date of the hardfork, aimed at making ASIC mining of the cryptocurrency inefficient.
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Extreme capitulation metrics are now matching levels seen only at major cycle lows.
Strategy, MARA Holdings and Galaxy Digital are among crypto-related stocks posting double-digit percentage gains early Friday.
The company said it will focus on building data centers for high-performance computing and artificial-intelligence workloads.
The weaker results were tempered by continued progress in the bitcoin miner’s shift toward AI infrastructure.
Hedera (HBAR) was also among the top performers, rising 13.1% from Thursday.
The bank trimmed its Coinbase revenue and earnings forecasts amid a brutal risk-off environment for crypto and delays around U.S. market structure legislation.
Metaplanet, Asia's largest publicly traded holder of bitcoin, is currently deep in the red, with its average acquisition cost per bitcoin at roughly $107,000.