Electric vehicle giant Tesla faces a financial slowdown, reporting a 15% dip in revenue and a nearly 50% plunge in adjusted earnings for the first quarter of 2024. This comes alongside the company’s first negative […]
Jack Dorsey, CEO of Block, has announced the completion of an advanced Bitcoin mining chip, setting the stage for the launch of a comprehensive Bitcoin mining system. This development, achieved with a three-nanometer (nm) design, […]
The market dynamics for Bitcoin’s post-4th-halving era are currently positive, suggesting that investors anticipate higher prices and miners are adjusting their strategies well. According to the new Bitfinex Alpha report, bitcoin (BTC) selling by long-term […]
BlackRock’s iShares Bitcoin Trust (IBIT) has become the talk of the financial world, recording a record-breaking 70 consecutive days of inflows. This unprecedented streak has propelled IBIT into the top 10 exchange-traded funds (ETFs) for […]
Following the latest halving on April 20, Layer-2 solutions like Stacks (STX), Elastos (ELA), and SatoshiVM (SAVM) are outperforming Bitcoin itself. This surge reflects the increasing relevance and potential impact of Layer-2 solutions on the […]
Bitcoin halving concerns triggered the 11th consecutive week of outflows from the blockchain equities. According to data compiled by CoinShares, blockchain equities experienced $9 million in withdrawals as investors worried about halving the impact on […]
The recent Bitcoin halving event, meant to slow down the creation of new coins, has ignited a fresh debate within the cryptocurrency community. Economist Peter Schiff threw gasoline on the fire by criticizing Bitcoin’s viability […]
The crypto world now boasts a staggering 88,200 crypto-millionaires scattered across the globe, according to the latest Crypto Wealth Report. This burgeoning class of wealth holders has seen their fortunes swell thanks to the ever-expanding […]
The United States Financial Accounting Standards Board’s new rules for crypto accounting will eliminate the “poor optics” that plagued companies holding digital assets, according to analysts from Berenberg Capital. On Sept. 6, the U.S. Financial […]
Bitcoin is currently in a very wobbly position. The price action remains just above fragile support in the $25,000 area. Its loss could lead to a sharp decline. On the other hand, the uptrend, which […]
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