Hut 8 closes Bitcoin mining site, citing surging energy costs

Bitcoin miner Hut 8 is closing its mining site in Drumheller, Alberta, Canada, due to power disruptions and surging energy costs. According to the March 6 announcement, Hut 8’s Drumheller mining facility,... Read more »

Bitcoin flash crash wipes $1B in ‘speculative excess’ from markets

Crypto traders using options and futures to gain exposure to Bitcoin (BTC) are out of pocket a staggering $1 billion after the cryptocurrency crashed more than 14% from its new all-time high... Read more »

Why is Bitcoin price volatile today?

Bitcoin (BTC) price is showing shocking volatility today by correcting by 7% after rallying to a new all-time high of $69,324 at Coinbase exchange. While Bitcoin’s price has benefitted from the vast... Read more »

Stanford’s Blyth Fund allocates 7% of its portfolio to Bitcoin

An investment fund that manages a portion of Stanford University’s endowment has as much as 7% of its portfolio dedicated to Bitcoin (BTC) investments. On March 5, Computer Science Major and leader... Read more »

Is the Bitcoin halving the right time to invest in BTC?

Bitcoin’s 4-year halving cycles are widely associated with the subsequent crypto market bull runs that generally lead to new Bitcoin all-time highs. But is the much-awaited halving the right time to invest... Read more »
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