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“# Hodlers see opportunity in Bitcoin price crash, CoinShares exec says ” The downward trend in Bitcoin (BTC) price following the April all-time high might be worrying for first-time investors. Still, crypto strategist Meltem Demirors believes that most of the long-time holders are not selling, and this is a correction to weed out panic sellers. …
“# Chinese crypto mining firm Canaan sets up shop in Kazakhstan amid crackdown ” Major Chinese cryptocurrency miner provider Canaan has posted an update on its crypto mining business in Kazakhstan amid an ongoing crackdown on Bitcoin (BTC) mining in China. Canaan announced Monday that the company has rolled out its own crypto mining business…
“# SEC delays decision on Valkyrie Bitcoin ETF ” The United States Securities and Exchange Commission has postponed its decision on whether to approve a Bitcoin (BTC) exchange-traded fund. The SEC has delayed its decision on a Bitcoin ETF filing by Texas-based family investment fund Valkyrie Digital Assets after receiving comments on the proposed rule…
“# Chinese Bitcoin miners ‘not even in the mood to drink anymore’ ” China, once home to about 65% of the total Bitcoin (BTC) mining hash power has given the boot to several miners in the country. The country’s Bitcoin mining ban means miners have been forced to shut down their operations with some establishments…
“# Nasdaq Dubai rolls out trading for 3iQ’s Bitcoin Fund ” Canada’s largest digital asset investment fund manager, 3iQ, is expanding its reach to global investors by listing its public Bitcoin (BTC) fund on a major market in the Middle East. 3iQ rolled out its Bitcoin Fund (QBTC) for trading on Nasdaq Dubai, according to an…
“# Bitcoin price ‘very near bottom’ with $30K dip, says bullish institutional report ” Bitcoin (BTC) is “very close to the bottom” and still commands a bullish long-term view, institutional crypto firm Stack Funds believes. In its latest report issued on June 23, analyst Lennard Neo said that despite the price meltdown, there was no…
“# Bitcoin heading for worst quarter since start of 2018 bear market ” Bitcoin is poised to post its worst-performing quarter since the start of the 2018 bear trend. The current quarter is also on track to be the second-worst on record for BTC ine almost eight years since the start of 2014. According to…
“# US miner raises $105M to recycle waste coal into crypto ” The Pennsylvania-based Stronghold Digital Mining has announced the completion of two private equity securities raises worth $105 million. According to an announcement shared with Cointelegraph, the firm’s first power generation facility, the Scrubgrass Generation Plant in Venango County, converts waste coal into energy…
“# Bitcoin price bounces to $33K but analysts say ‘it’s too early’ to call a bottom ” Cryptocurrency investors found little reprieve on June 22 as the price of Bitcoin (BTC) fell below $30,000 for the first time since January, sparking panic among less experienced market participants who have yet to experience a full market…
“# Bad call? Bitfinex bears closed a block of Bitcoin shorts before the drop below $32K ” Bitcoin price is still in a rut, trading near $33,000 and trapped in a downtrend that just seems to get worse with the passing of each day. As the price slumps, analysts have consulted with several technical and…