Bitcoin pump prompts ‘emergency’ review of US crypto miner energy use

Bitcoin pump prompts ‘emergency’ review of US crypto miner energy use

The United States Department of Energy (DOE) is demanding crypto miners report their energy consumption for the next six months after concerns about a recent increase in the price of Bitcoin, which is... Read more »
Bitcoin’s Price Stagnancy Prompts Pivot to Altcoins but Interest in Speculative Assets Remains Limited

Bitcoin’s Price Stagnancy Prompts Pivot to Altcoins but Interest in Speculative Assets Remains Limited

Bitcoin has been trading within the $28k to $32k range for nearly four months. Historically, the crowd has been known to get very polarized when a top crypto asset goes for an... Read more »
FTX Chaos Prompts Reckoning on Dubai’s Embrace of Crypto Giants

FTX Chaos Prompts Reckoning on Dubai’s Embrace of Crypto Giants

(Bloomberg) — Most Read from Bloomberg On Oct. 26, days earlier than the collapse of his crypto alternate FTX, Sam Bankman-Fried sat for lunch at an upscale Dubai restaurant, subtly testing the... Read more »
Crypto Crash Prompts Founder Exodus

Crypto Crash Prompts Founder Exodus

Kraken has appointed a brand new CEO after founder and present chief govt Jesse Powell stepped down two days in the past, with Powell citing a need to commit extra time to... Read more »
Market Rout Prompts Analyst to Slash Bitcoin Miners’ Price Targets by Average of 65%

Market Rout Prompts Analyst to Slash Bitcoin Miners’ Price Targets by Average of 65%

Lewis saved his purchase score on all 4 mining shares he covers – Riot Blockchain (RIOT), CleanSpark (CLSK), Core Scientific (CORZ) and Marathon Digital (MARA) – and stays optimistic concerning the longer-term... Read more »
Crypto’s prime time prompts watchdog’s glare

Crypto’s prime time prompts watchdog’s glare

“But what’s dogecoin?” Elon Musk, the self-avowed “technoking” and founding father of Tesla, was requested repeatedly to comedian impact throughout his cameo on Saturday Night Live final week. American comedy exhibits usually... Read more »