Crypto Currency

Core Scientific To Sunset 37,000 Celsius Bitcoin Mining Machines

Summary: Lawyers representing the Bitcoin miner said the company was losing north of $53,000 daily due to a hosting agreement with Celsius. The company will shutter hosting services for 37,000 Bitcoin mining rigs owned by the defunct crypto lender. Both companies filed for bankruptcy following a harsh year for crypto asset prices in 2022. …

Published 3 years ago in
Core Scientific To Sunset 37,000 Celsius Bitcoin Mining Machines

Summary: Lawyers representing the Bitcoin miner said the company was losing north of $53,000 daily due to a hosting agreement with Celsius. The company will shutter hosting services for 37,000 Bitcoin mining rigs owned by the defunct crypto lender. Both companies filed for bankruptcy following a harsh year for crypto asset prices in 2022. …
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Crypto Currency

Senate panel clears crypto bill

beacon} Technology Technology   The Big Story Senate panel advances crypto bill with bipartisan support A cryptocurrency regulation bill advanced out of the Senate Banking Committee on Thursday, clearing a key hurdle with the support of a pair of Democrats following a last-minute bipartisan push. © Greg Nash The Senate panel voted 15-9 to send…

Published 15 hours ago in
Senate panel clears crypto bill

beacon} Technology Technology   The Big Story Senate panel advances crypto bill with bipartisan support A cryptocurrency regulation bill advanced out of the Senate Banking Committee on Thursday, clearing a key hurdle with the support of a pair of Democrats following a last-minute bipartisan push. © Greg Nash The Senate panel voted 15-9 to send…
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Crypto Currency

Fed minutes turn Bitcoin’s rate-cut trade into a hike-risk problem

The Federal Reserve’s April meeting minutes, released Wednesday, failed to bring the good news Bitcoin traders had been hoping for most of the year. The majority of policymakers said some degree of policy tightening would likely become appropriate if inflation stayed persistently above the central bank’s 2% target…

Published 17 hours ago in
Fed minutes turn Bitcoin’s rate-cut trade into a hike-risk problem

The Federal Reserve’s April meeting minutes, released Wednesday, failed to bring the good news Bitcoin traders had been hoping for most of the year. The majority of policymakers said some degree of policy tightening would likely become appropriate if inflation stayed persistently above the central bank’s 2% target…
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Crypto Currency

Bitcoin Whale Accumulation Expands as Exchange Balances Continue to Decline

TLDR: Whales match 2025 BTC buying in five months, showing accelerated absorption across 2026 cycle behavior trends Accumulation began near 2023 lows and extends through elevated BTC price zones without major distribution phases emerging Exchange reserves continue falling as ETF demand and custody flows reduce available Bitcoin liquidity across markets Order book depth weakens on

Published 17 hours ago in
Bitcoin Whale Accumulation Expands as Exchange Balances Continue to Decline

TLDR: Whales match 2025 BTC buying in five months, showing accelerated absorption across 2026 cycle behavior trends Accumulation began near 2023 lows and extends through elevated BTC price zones without major distribution phases emerging Exchange reserves continue falling as ETF demand and custody flows reduce available Bitcoin liquidity across markets Order book depth weakens on […]
The post Bitcoin Whale Accumulation Expands as Exchange Balances Continue to Decline appeared first on Blockonomi…
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Crypto Currency

Are altcoins finally waking up or is Bitcoin still the only real leader?

Why is the altcoin season index still so low if altcoins are rising…

Published 17 hours ago in
Are altcoins finally waking up or is Bitcoin still the only real leader?

Why is the altcoin season index still so low if altcoins are rising…
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