Ebang will reportedly get listed on Nasdaq on June 26, hoping to raise $125 million in an initial public offering. Chinese Bitcoin (BTC) miner manufacturer Ebang will reportedly be listed on Nasdaq Global Market under the ticker EBON later this week, becoming the second crypto mining company to go public in the United States. According […]
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The realized cap of Bitcoin hit an all-time high just like in February 2020 when BTC price marked a local top. The “realized cap” of Bitcoin (BTC), a statistic observed by on-chain market analysis platform Glassnode, has hit a new all-time high on June 19. It may indicate an overall increase in new investors in […]
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As the network gets readjusted, and Bitcoin mining difficulty increases, older generations of mining machines might be out again. Some Bitcoin (BTC) miners might become unprofitable again as a result of the latest difficulty adjustment. Earlier this week, the network mining difficulty adjustment saw a +14.95% spike, its largest increase since January 2018. The regular […]
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A giant 14.95% advance makes analysts confident as miners appear to balance increased costs to retain profitability. Bitcoin (BTC) mining difficulty has seen its biggest upward move for over two years after warnings over BTC price selling pressure. According to data from on-chain monitoring resource BTC.com on June 17, the latest difficulty adjustment saw difficulty […]
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The Bitcoin mining ASIC manufacturing industry is expected to further consolidate, as is the wider mining farm operating sector. The Bitcoin (BTC) mining ASIC manufacturing industry is expected to further consolidate due to tightened competition, geopolitical pressures and slower returns on investment after Bitcoin’s recent halving. In a new report from crypto derivatives exchange BitMEX, […]
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Traders say the price of Bitcoin may drop to the $7,000s after the weekly candle closes below $9,400. A new weekly Bitcoin (BTC) candle opened at $9,327 on June 15, under a crucial resistance level at $9,400. Traders say the price of Bitcoin could fall to the $7,000s in the near term. Critical support levels […]
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Once Ethereum becomes a proof-of-stake blockchain, what will happen to the ETH miners, and what will they do? As Ethereum is finally set to launch its Ethereum 2.0 upgrade later this year, putting an end to a long streak of delays, the network will start moving toward a proof-of-stake model. Consequently, the network will abandon […]
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Strengthening network fundamentals support the bullish case for Bitcoin price one month after the halving. Cointelegraph Markets’ post-halving Bitcoin (BTC) analysis report takes a deep look at the 2020 halving, its effect on the crypto market and miners, and how it compared to the previous halving events. The three main sections of this report are: […]
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Bitfury is planning to launch a Bitcoin mining fund in Japan following a rollout of the offering in North America last month. Bitfury, a cryptocurrency mining and blockchain development firm, is planning to launch a Bitcoin (BTC) mining fund in Japan in July. Katsuya Konno, the head of Bitfury Japan, confirmed the development with Cointelegraph […]
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The blockchain peer-to-peer renewable energy platform has now closed its $4 million Series-A funding round. South African blockchain peer-to-peer renewable energy platform Sun Exchange obtained a $3 million investment from Arch Emerging Markets Partners, thereby closing its $4 million Series-A funding round, according to a statement issued Monday. Sun Exchange allows international clients to buy […]
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