Bitcoin Mining Firms Struggle with High Costs in Shift to AI Data CentersBitcoin mining companies are transitioning to high-performance AI data centers to increase revenue, but the costs are significantly higher. Sabre56 CEO Phil Harvey highlighted that AI data centers cost 10-15 times more than cry

Former U.S. President Donald Trump’s family-backed cryptocurrency platform, World Liberty Financial, has become a target for scammers, misleading over 70,000 users with fake cryptocurrency giveaways. Scammers exploited the platform’s official Telegram channel, posting fraudulent ads that redirected

Bitcoin has experienced a significant decline of over 10% in the past two weeks.Source:www.coinkolik.comBitcoin's price fell from $64,190 to $57,800 over the 10-day period ending on September 3. This sharp drop contrasts with the performance of traditional assets, as the S&P 500 index remains on

New Bitcoin Investors Face Hurdles, Reflecting 2019 PatternsCryptoQuant's analysis shows that short-term Bitcoin holders are mirroring mid-2019 behavior, with recent buyers either holding or selling at a loss after price stagnation. Current UTXO levels resemble 2019, when it took BTC/USD nearly 500

JPMorgan Chase: August Jobs Report May Shape the Fed's September Rate CutPhil Camporeale, portfolio manager at JPMorgan Asset Management, suggested that Friday's employment report could impact the Federal Reserve's decision on whether to reduce interest rates by 25 or 50 basis points at its Septembe

In 2024, cryptocurrency exchange-traded funds (ETFs) have emerged as a major player in the ETF market, with 13 of the 25 largest launches by year-to-date inflows, according to Nate Geraci, president of The ETF Store, an investment advisory firm specializing in ETFs. Among the nearly 400 new ETFs lau

The BNB price is struggling due to declining fundamentals, but the potential release of Changpeng CZ Zhao could serve as a catalyst for recovery.Source: coinmuhendisi.comBNB’s price has faced significant challenges recently, dropping by 16.1% from August 23 to September 2, sliding from $598.80 to $5

1. BTC Market TrendFrom August 29 to September 1, the BTC spot price swung from $57,090.83 to $60,840.45, a 6.57% range. Over the past four days, significant statements from the Federal Reserve (Fed) and the European Central Bank (ECB) have been as follows:1) On August 30, Fed’s Bostic stated that i

August 2024 became the lowest revenue month for Bitcoin miners this year and the worst since September 2023. Miners recorded their lowest earnings in nearly a year as the number of coins mined dropped, highlighting ongoing challenges in the industry.During August, Bitcoin miners generated $827.56 mi

On-chain indicators point to Bitcoin approaching ‘favorable’ buy levelsA crypto analyst highlighted that the Puell Multiple, a key Bitcoin indicator for assessing miner selling activity, is approaching a level that might signal a buying opportunity. According to CryptoQuant contributor Grizzly's Aug