Argo Blockchain is at risk of closing if it fails further financing
Argo Blockchain has been selling its Bitcoin holdings earlier this year to cut debt to Michael Novogratz’s crypto investment firm Galaxy Digital. Go to Source Powered by WPeMatico
Bitcoin Price
Auto Added by WPeMatico
Core Scientific reveals financial distress in SEC filing, says its end may be near
The Bitcoin miner says low BTC and high electricity rates and Celsius’ refusal to pay its bills could be its undoing; the company’s BTC holdings have dropped from 8,058 in May to 24 now. Go to Source Powered by WPeMatico
Bitcoin analysts map out the key bull and bear cases for BTC’s price action
BTC price is showing slight bullish momentum, leading on-chain analysts to present potentially bearish and bullish data-based scenarios. Go to Source Powered by WPeMatico
Next Bitcoin rally to start in Q2 2023 — Mark Yusko explains why
The anticipation of the next Bitcoin halving will spark a crypto rally in 2023 regardless of the grim macroeconomic picture, according to hedge fund manager Mark Yusko. Go to Source Powered by WPeMatico
What does the global energy crisis mean for crypto markets?
While miners stand to be significantly affected by the current power crisis, there is still some hope that the prevailing macro conditions could work in favor of the crypto industry. Go to Source Powered by WPeMatico
Gold vs BTC correlation signals Bitcoin becoming safe haven: BofA
Bitcoin’s growing correlations with gold, S&P 500 and Nasdaq 100 indicate that investors see BTC as a “relative safe haven,” BofA strategists wrote. Go to Source Powered by WPeMatico
Finder’s Experts Predict Bitcoin Will End the Year at $21K, Panel Expects BTC to Hit $79K by 2025
Following the recent xrp and ether prediction forecasts by crypto and fintech experts chosen by the product comparison web portal, finder.com, Finder’s latest handful of specialists have produced a predictions report for bitcoin. The group of 55 Finder’s experts think bitcoin will increase in value by more than 10% by the year’s end, and by … Read more
Apples and oranges? How the Ethereum Merge could affect Bitcoin
While the Ethereum Merge failed to move Bitcoin from a price standpoint, the industry believes we have yet to see the effects of its shift from PoW to PoS. Go to Source Powered by WPeMatico
Fan token firm Chiliz grows staff by 70% despite crypto winter
Scalability is one of the possible reasons for the fun token industry to grow despite the ongoing bear market, according to Chiliz and Socios CEO. Go to Source Powered by WPeMatico
El Salvador focused on bringing investment to Bitcoin City, says ambassador
The El Salvador official noted that the government is looking to attract more investments to its Bitcoin City with special incentives for businesses investing early. Go to Source Powered by WPeMatico