Thursday, March 28, 2024
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Researchers claim Bitcoin experiment generated almost 300% higher returns than hodling

A team of academic researchers from the International Hellenic University and Democritus University of Thrace in Greece recently published a paper supporting the “efficient market hypothesis” (EMH) for Bitcoin (BTC) trading.EMH is a controversial theory that the researchers claim contributed to the development of models capable of outperforming the hodl

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Bitcoin holds strong with higher market cap than Tesla despite bear market

Bitcoin has maintained a higher market capitalization than electric vehicle powerhouse Tesla, despite about 50% below its all-time high. Bitcoin is currently valued at $669.75 billion, significantly higher when compared to Tesla’s market cap of $630.83 billion. This is noteworthy given that Bitcoin is trading around $34,500, far from its historic

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Bitcoin (BTC) Miner Bit Digital (BTBT) Diversifies Into ‘Substantially Higher Margin’ AI Infrastructure Business

The miner will rent out a minimum of 1,024 graphic processing units (GPU) and a maximum of 4,096 GPUs to the unidentified customer. The deal, at minimum, is expected to generate between $23 million and $27 million in annual revenue, starting January 2024. If extended to three years and with

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