Crypto downturn – DIGIT INFO

AI tokens lose $4.69B market cap in 3 days — When UPtober?

DIGIT — Thu, 03 Oct 2024 09:21:37 +0000

AI and big data tokens lose ground, with NEAR suffering the biggest hit amid a broader market decline.

BRC20 Token Economy Thrives Amidst Crypto Downturn, Surging 53% in Five Days

DIGIT — Fri, 12 May 2023 18:00:59 +0000

Despite the broader crypto-economy experiencing a downward trajectory, dropping 1.59% in the past 24 hours and hovering around $1.11 trillion, the BRC20 token economy has bucked this trend, expanding from $279 million to over $427 million within five days. Impervious to Market Slump, BRC20 Tokens Defy the Odds Built atop the Bitcoin blockchain, the recently […]

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Bitcoin Miner Cleanspark Acquires 3,853 Bitmain-Made BTC Mining Rigs for $5.9 Million

DIGIT — Tue, 01 Nov 2022 18:30:58 +0000

On Nov. 1, 2022, the bitcoin miner Cleanspark revealed it acquired 3,853 Bitmain-brand Antminer S19J Pro mining rigs for $5.9 million. According to Cleanspark, the company has purchased 26,500 bitcoin mining machines since the crypto winter started in June. Cleanspark Purchases 3,853 Antminer S19J Pro Units at $15.50 per Terahash After the bitcoin (BTC) mining […]

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Bitcoin Miner Cleanspark Raises Year-End Outlook by 10%, Firm’s Hashpower Surpasses 5 EH/s

DIGIT — Wed, 26 Oct 2022 04:00:21 +0000

On October 25, the bitcoin mining operation Cleanspark announced that the firm’s hashrate now exceeds 5 exahash per second (EH/s), a milestone achieved more than two months ahead of the company’s original year-end goals. Cleanspark says it now aims to surpass 5.5 EH/s by the year’s end by increasing the miner’s hashrate goal by 10%. […]

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Despite the Crypto Market Downturn, DAO Treasuries Grew by $700 Million Since January

DIGIT — Sat, 01 Oct 2022 14:00:26 +0000

Since January 2022, the entire crypto economy has shed $1.36 trillion in value, as the market capitalization dropped from $2.34 trillion to today’s $979 billion. While the crypto economy is down in value, trade volumes are lower, and the value locked in decentralized finance (defi) has shed billions, treasuries held by decentralized autonomous organizations (DAOs) […]

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$89M flows into Bitcoin funds despite looming conflict, but ETH funds are negative

DIGIT — Wed, 23 Feb 2022 06:43:35 +0000

CoinShares noted that despite “price weakness and perceived negative impact from the looming conflict in Eastern Europe,” digital asset investment products saw inflows totaling $109 last week.

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