Bitcoin analysts and traders say BTC’s low volatility is ‘a calm before the storm’
Stocks markets slide toward yearly lows, while Bitcoin price remains
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Storm
Bitcoin Miner Core Scientific Should Weather Crypto Storm, Analyst Says
White also wrote that Core has sufficient access to capital with its monthly production of bitcoin and its equity line of credit to fund its operations and debt through the end of next year. Core’s third-party hosting business also generates revenue that is less correlated to bitcon's prices, White added. Original
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Binance, KuCoin, OKX CEOs flex security amid Solana FUD storm
With Solana (SOL) hitting the headlines for succumbing to a hack on Aug. 3, prominent crypto CEOs — including Binance’s Changpeng “CZ” Zhao, KuCoin’s Johnny Lyu and OKX’s Jay Hao — recommended SOL investors move their holdings over to their own exchanges as an immediate security measure.Numerous blockchain investigators and
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75% of Marathon’s mining fleet still offline two weeks after huge storm
Bitcoin mining company Marathon Digital Holdings has revealed that 75% of its mining capability has been out of commission since a severe storm hit Montana on June 11. Marathon finally issued a statement on its website on June 28 explaining that the storm struck across the town of Hardin, Montana on
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Bitcoin Miner Marathon Digital’s Montana Operations Go Offline After Storm
Bitcoin miner Marathon Digital (MARA) said its miners in Hardin, Mont., are currently without power due to a storm that passed through the region on June 11. The company has about 30,000 miners deployed in Montana, representing over 75% of the company’s active fleet. Source
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To Weather the Crypto Storm, Coinbase has Laid Off 18% of its Workforce
According to an 8-K filed on Tuesday June 14, one of the world's largest cryptocurrency startups, Coinbase, is laying off nearly 18 percent of its personnel. This comes as the crypto market continues to be battered by prospects of more aggressive Federal Reserve interest rate hikes. According to the filing,
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UK Crypto Hedge Fund Weathers Market Storm With Arbitrage Strategy
Typical market-neutral equity arbitrage funds tend to post around 8% annualized returns, according to Crachilov, who previously worked at Goldman Sachs and JPMorgan. He thinks crypto-focused funds can beat that figure near term, citing greater market dislocations. In the longer term as crypto markets become more efficient, Crachilov is guiding
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Bitcoin Miners’ February Production Fell on Shorter Month, Winter Storm
Recently, Argo and privately held Gem Mining both said the curtailing of operations to support community needs for extra power lowered their production in February, among other reasons. Meanwhile, seasonal energy curtailment programs in Quebec, Canada, also hampered the monthly bitcoin production for Canadian miner Bitfarms (BITF). “As planned, seasonal
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Crypto Miner Argo’s Monthly Sales, Bitcoin Output Fell on Higher Difficulty, Winter Storm
Argo Blockchain’s mining margin in February narrowed from the previous month. Original Source
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Bitcoin Holders Brace For Storm, Will BTC Break Through $44K Barrier?
Bitcoin has been moving sideways during the past week with a 0.7% profit as it trades at $42,709. The first crypto by market cap has held on to critical support as it was rejected at the mid area of its current levels. Related Reading | Ukrainian Defense Efforts Bolstered By Crypto
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