The digital assetโs price saw a precipitous drop early Thursday morning after the U.S. Bureau of Labor Statistics published data revealing record inflation metrics. Inflation Shock Triggers Bitcoin Slump Just seconds after the U.S. Bureau of Labor Statistics (BLS) published its inflation data at 8:30 am on Thursday, bitcoin ( BTC) fell off a cliff. […] Original
Key Notes The 10-year agreement provides 200 MW of critical IT capacity at TeraWulf’s Lake Mariner facility in New York. Google’s financial backing includes purchase warrants for 41 million shares, representing approximately 8% ownership. TeraWulf stock surged 38% following the announcement despite reporting $79.8 million losses in H1 2024. Data center infrastructure firm TeraWulf has entered a high-performance computing (HPC) colocation agreement with cloud services provider Fluidstack worth at least $3.7 billion. Under the terms of the deal announced on Aug. 14, TeraWulf will provide at least 200 MW of…
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io Small-scale Bitcoin mining isn’t worth it anymore FOR YOU. Let’s run through the Bitcoin mining numbers at the VoskCoin Mining Farm. Should we just have bought BTC instead? Subscribe to VoskCoin – Get $50 on Margex when you sign up + $50 more when you deposit $100 – code VOSKCOIN – Check out Robinhood Gold – Get BTC or other ASIC Miners with AM – The Bitcoin Mining game has changed since the halving. BTC Mining isn’t as profitable as it used…
According to Fundstrat research, Ether could climb much higher before the end of 2025, with price targets ranging from $10,000 to as high as $15,000. Related Reading Reports show Ether jumped about 60% over the past 30 days and hit a four-year high near $4,770 in early trading, while other coverage put the token at $4,694 and noted a 78% surge over an eight-week stretch. Those moves have pushed Ether close to its all-time peak, and fund managers are taking notice. Fundstrat Targets And Rationale According to Fundstratโs chief information…
Austria-based crypto platform Bitpanda has entered the United Kingdom, aiming to make the country one of its top three markets within the next two years. The expansion includes its retail investment app along with its corporate arm, Bitpanda Technology Solutions, which allows banks and fintech companies to offer crypto trading through white-label services. The company says its app provides access to more than 600 crypto assets for British investors. Bitpanda Co-CEO Lukas Enzersdorfer-Konrad told Cointelegraph the company plans to โrapidly grow our direct retail presenceโ while working with UK financial…
After Chainlinkโs decentralized oracle network revealed plans to create a LINK reserve, the team has now disclosed that the Chainlink Reserve added another 44,109.76 LINK, pushing its total stash past the 100,000 threshold. Chainlinkโs Reserve Vault Hits 109K Tokens Worth $12.6M Last week, Chainlink unveiled plans for a LINK reserve, funded by network revenue and [โฆ] Source CryptoX Portal
After bitcoin surpassed $124,000, some analysts suggest that the cryptocurrency may be entering a rapid growth phase, with potential price targets between $131,000 and $177,000. Record-Breaking Rally and Market Capitulation On Aug. 13, bitcoin (BTC) broke past the $124,000 mark to set a new all-time high and pushed the crypto economyโs total market capitalization to […] Original
Dogecoinโs bullish momentum is putting short positions under pressure as the price eyes a crucial $0.27 retest. A successful breakout above this level could spark a powerful multi-stage rally, opening the door to higher targets and renewed market excitement. DOGE/USDT Clears $0.2533 Resistance With Conviction GemXBT, in a recent update on X, highlighted that DOGE/USDT is showing a bullish trend after breaking above the key resistance level at $0.2533 with strong upward momentum. This breakout signals renewed buying pressure, as the price pushes beyond a level that had capped recent…
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io Youtube version
TeraWulf has become the latest cryptocurrency miner to pivot into AI infrastructure hosting, reaching a long-term agreement with Fluidstack thatโs backstopped by Alphabetโs Google โ in a move expected to significantly increase the companyโs revenue run rate. During its shareholder call on Thursday, the company disclosed that it has signed 10-year colocation lease agreements with Fluidstack, an AI infrastructure provider, worth $3.7 billion in contract revenue. That figure could more than double if five-year extensions are exercised. Googleโs involvement comes through supporting Fluidstackโs $1.8 billion lease obligations with TeraWulf and…