Following the Bitcoin halving event in April, Marathon Digital Holdings CEO, Fred Thiel, highlighted the financial strain that smaller miners in the industry are likely to face. Thiel pointed out that the existing disparities in access to capital and equipment financing between smaller and larger miners will become more pronounced post-halving. Thiel emphasized that the
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The current price of Ethereum is showing signs of attempting a fresh increase wave above the $3,400 zone. The price has managed to stay above the $3,250 support zone, indicating a potential bullish trend in the near term. Additionally, Ethereum is trading above $3,400 and the 100-hourly Simple Moving Average, which could point to a
Bitcoin price is once again trying to break above the $68,000 resistance zone, showing signs of a potential rally if it surpasses the $67,500 and $68,000 levels in the short term. The recent price action has seen BTC starting a decent increase above the $65,000 zone, but it is now trading below $65,000 and the
The ongoing disputes between the Russian Ministry of Finance and the nation’s Central Bank regarding crypto regulation have been a major point of contention. While the Ministry of Finance seeks to regulate and tax crypto exchanges and traders, the Central Bank has advocated for a ban on all crypto-related activities. This clash has stalled progress
The South Korean exchange Bithumb is currently in the process of accelerating its proposed KOSPI listing by spinning off its holdings operations into a separate company named Bithumb Investment. The goal is to separate the exchange’s holdings, investments, and real estate operations from its core crypto trading platform, which will continue to be operated by
The past week has been a challenging one for Spot Bitcoin ETFs, as they struggled to attract significant inflows. This resulted in consecutive daily outflows, highlighting a potential shift in the bullish sentiment among institutional traders. The impact of this can be seen in the price of Bitcoin, which dropped to a low of $61,370
The recent success of the Dogecoin20 ($DOGE20) presale has taken the cryptocurrency world by storm, with the project raising an impressive $7.6 million in just a week. This upgraded version of Dogecoin aims to bring the popular meme coin to the Ethereum blockchain, eliminating the inflationary supply and expensive mining system that could hinder its
The recent buzz surrounding XRP, the native token of Ripple, has sparked excitement among crypto enthusiasts. Analysts are divided in their predictions, with some foreseeing a significant price explosion in the short term. Capt Toblerone, a well-known crypto analyst, boldly claims that XRP could surge by 15-fold, reaching a price target of $10 by July
The recent price performance of Bitcoin has left many in the crypto community concerned, with several large-cap tokens experiencing reversals in their profits as well. Despite this, a group of investors sees the price decline as an opportunity to accumulate assets of their choice. On Friday, March 22, over 25,000 BTC, valued at approximately $1.6
The recent news of a meme coin on $BNB raising $280 million in a presale has once again highlighted the crypto community’s growing appetite for speculative investments. This substantial figure not only exceeded initial expectations but also showcased the potential market impact of such ventures. The presale attracted significant interest from BNB Chain’s prominent cryptocurrency
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