Bitcoin at $25K: Discount or disaster?
This week, The Market Report discusses Bitcoin’s recent dip below $25,000 and what it means for the near future. Was it a discount or a disaster? Go to Source
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Bitcoin to hit $100K in 2024? Canaan VP weighs up 2024 halving opportunities
Canaan vice president Davis Hui believes a supply deficit following the next Bitcoin halving will drive its price past $100,000. Go to Source
Crypto companies form Texas blockchain group to advocate for clear regulations
a16z crypto, Coinbase, Ledger, Bain Capital Crypto, Blockchain Capital, and Paradigm joined to advocate for clear regulations. Go to Source
Windows tool targeted by hackers deploys crypto mining malware
Software installers affected are mainly used for 3D modeling and graphic design, with French being the most frequent language used in the malware campaign. Go to Source
Marathon’s Bitcoin mining rate fell 9% in August
The company still mined five times more Bitcoin than in August 2022, producing 1,072 last month, and said unfavorable weather conditions caused the decrease from July. Go to Source
Weekly close risks BTC price ‘double top’ — 5 things to know in Bitcoin this week
Bitcoin reckons with $26,000 with BTC price action at a crucial decision point heading into the first week of September. Go to Source
Stronghold requests permission to burn tires for crypto mining in Pennsylvania
Company requests the use of Tire Derived Fuel, citing the United States Environmental Protection Agency’s approval to use this kind of energy source at other industrial facilities in the state. Go to Source
Canaan’s 2Q mining revenue jumps 43% on 1Q, but net loss climbs 31%
Bitcoin mining firm Canaan posts second quarter financials, with Bitcoin mining revenue up 43% from Q1 2023, though net loss also rose 31% to $110 million. Go to Source
September ‘crash’ to $22K? — 5 things to know in Bitcoin this week
BTC price is looking frail as August comes to an end, and with Bitcoin bulls out of ammo, traders are preparing for more pain to come. Go to Source
Bitcoin revenue per terahash nears record lows as hashrate soars
As the Bitcoin network hash rate tops 414 EH/s, miners are struggling to stay afloat amid plummeting profitability. Go to Source