The euphoria of October’s record highs has evaporated, leaving the industrial backbone of the Bitcoin network facing a brutal reality check. According to CryptoSlate’s data, Bitcoin is currently trading near $78,000, a level that represents […]
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In brief GameStop transferred its entire 4,710 Bitcoin holding to Coinbase Prime, prompting questions about a potential sale. CEO Ryan Cohen said a major acquisition strategy is “way more compelling than Bitcoin.” The company has […]
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The Bitcoin Circular Economy Summit just took place in El Salvador’s Bitcoin Beach, and what an event it was. The invite-only summit saw two days of presentations from communities from across the world, from Indonesia […]
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Earlier this week, a sweeping US winter storm pushed Bitcoin miners to curtail, pulling a noticeable chunk of computing power off the network in a short window. Data shows a 40% dip in hashrate between […]
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In brief The Bitcoin mining profit/loss sustainability index hit a 14-month low, according to CryptoQuant. The metric measures the price of Bitcoin versus the profitability of running a Bitcoin mining operation. Shares of publicly traded […]
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