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A big raise of $105M by US miner to recycle waste coal into crypto

The US miner company Stronghold announced a total raise of 105 million dollars to support techniques to recycle coal waste during bitcoin mining.  The huge raise became possible as the Bitcoin community is becoming more and more environmentally conscious.  The announcement of Tesla regarding resuming the bitcoin payments has compelled the Coal-powered mining industry to … Read More

Bitcoin derivatives data shows pro traders ignored today’s $41K pump

Bitcoin price may have pumped 10% to $41,000 but derivatives indicators show top traders aren’t feeling so bullish.

Elon Musk announced, Tesla is reconsidering Bitcoin as Payment after Miners Turn 50 % Green.

The globally known business tycoon, Elon Musk, CEO of famous automobile company Tesla, announced on Sunday, 13 June 2021, that Tesla will resume taking payments through bitcoin once the miner’s industry will confirm the usage of adequate clean energy from now onwards. Musk tweeted on Sunday that if miners provide a formal assurance of using … Read More

2 Bitcoin price indicators suggest BTC has not bottomed yet

Traders are using a variety of strategies to determine whether Bitcoin price has bottomed, but on-chain activity and derivatives data hint that the situation remains precarious.

Amid rising stablecoin inflow, cautious traders fear a dead cat bounce

Strong hands accumulated Bitcoin throughout last week’s historic correction but BTC’s inability to reclaim the $40,000 level has some traders afraid of a dead cat bounce.

Coinbase Stock Keeps Falling – Is it a Sell Signal for Bitcoin?

Despite what was a strong earnings performance for crypto exchange Coinbase (COIN) in its first report as a publicly-traded company, the stock hasn’t stopped falling [...]