bitcoin mining

Celsius Breaks Free from Insolvency, Commences Payouts of $3 Billion to Debtors

Benito CormiFeb 1, 20243 min read

Celsius Emerges from Bankruptcy, Returns $3 Billion to Creditors Celsius Network LLC has successfully emerged from Chapter 11 bankruptcy, marking a significant turnaround for the cryptocurrency…

‘EIA Investigates Energy Consumption of Cryptocurrency Mining in Response to Potential Public Impact’

Benito CormiFeb 1, 20243 min read

The U.S. Energy Information Administration (EIA) Receives Approval to Survey Energy Usage by Crypto Miners The Office of Management and Budget (OMB) under President Biden has…

Hope Amid Dip: Bitcoin (BTC) Miner Capitulation Minimal, Hash Ribbon Analysis Reveals

Owen PatterFeb 1, 20242 min read

Bullish Hopes Dashed After the SEC approved 11 spot BTC ETFs, there was anticipation for a bullish surge in the crypto market. However, prices took a…

Quant Analyst Claims Bitcoin Miner Sell-Off Has Minimal Impact

Newt BettecJan 31, 20242 min read

Bitcoin Miners Selling Off Bitcoin Reserves An analyst has discussed the recent selling pressure from Bitcoin miners and its potential impact on the market. The focus…

UK Trial Begins for Woman Allegedly Involved in Chinese Fraudster’s Bitcoin Money Laundering Scheme

Benito CormiJan 31, 20242 min read

Zhang’s Alleged Bitcoin Laundering A British-Chinese woman named Jian Wen is currently facing trial in the UK for allegedly laundering bitcoins that were obtained through a…

Largest Bitcoin (BTC) Selling Wave by Miners Since May 2023 Unleashed

Owen PatterJan 31, 20243 min read

A Surge in BTC Flow from Miner Wallets to Exchanges On January 29th, there was a significant increase in the transfer of BTC from miner wallets…

Review of Week: Morgan Stanley Discusses US Dollar’s Decline, JPMorgan Cautions about Potential Bitcoin Sell-off, Improvements in Bitcoin Mining, and More

Benito CormiJan 28, 20242 min read

Morgan Stanley Sounds Alarm on U.S. Dollar’s Dominance Morgan Stanley has expressed concern over the potential decline of the U.S. dollar’s dominance, citing the increasing interest…

Recovery of Bitcoin’s Hashrate Signals Miners’ Attention towards Upcoming Difficulty Adjustment

Benito CormiJan 27, 20243 min read

Bitcoin’s Hashrate Bounces Back After Cold Spell in Texas Bitcoin’s cumulative hashrate experienced a decline in mid-January due to miners pausing operations during a severe cold…

Bitcoin’s Support at $36K May be Tested as ETF Excitement Wanes and Selling Pressure Grows

Owen PatterJan 26, 20242 min read

Bitcoin Prices May Retest Lower Support as ETF Hype Fades An analysis report from Matrixport Research suggests that Bitcoin prices could retest lower support levels between…

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