Hut 8’s new mining site in Cedarvale, Texas, will house almost 66,000 miners and be powered by more than 215 MW of energy.
cointelegraph.com
Spot Bitcoin ETF will be ‘bloodbath’ for crypto exchanges, analyst says [cointelegraph]
Spot Bitcoin ETFs could trigger unwanted consequences for crypto exchanges like Coinbase due to lower transaction fees, according to ETF analysts.
Improbable sells gaming venture for $97M, shares metaverse predictions 2024 [cointelegraph]
The Web3 metaverse developer Improbable sold its gaming venture, The Multiplayer Group, for $97.1 million as a part of its venture strategy for the next year.
Improbable sells gaming venture for $97M, shares 2024 metaverse predictions [cointelegraph]
The metaverse developer Improbable sold its gaming venture, The Multiplayer Group, as a part of its venture strategy for 2024.
Trader gambles $226k on Solana memecoin, gets to $1.69M in five days [cointelegraph]
Another dog-themed crypto token comes into the limelight as the Solana memecoin frenzy continues.
Trader gambles $226K on Solana memecoin, hits $1.69M in 5 days [cointelegraph]
Another dog-themed crypto token comes into the limelight as the Solana memecoin frenzy continues.
‘Inherently bearish’ below $41.5K — 5 things to know in Bitcoin this week [cointelegraph]
BTC price action keeps traders nervous going into the holiday period as Bitcoin faces the pressure of the yearly close.
FTX loses $53K every hour on ‘bankruptcy fees,’ latest filings show [cointelegraph]
More than $118 million in legal and advisory fees were billed to the bankrupt crypto exchange between August and October, amounting to $1.3 million per day.
Daily gas spent on EVM inscriptions surges to record high of $8M [cointelegraph]
Bitcoin is not the only network getting clogged up with Ordinals inscriptions, with weekend activity on EVM chains also spiking.
Bitcoin won’t be beaten as digital store of value: VanEck CEO [cointelegraph]
“It’s impossible for me to imagine some other internet store of value [will] leapfrog Bitcoin,” said Jan van Eck, making a bullish case for BTC.