By Chayanika Deka In a bid to calm investor nerves after confirming that it has sold all of its Bitcoin holdings, Bitdeer Technologies framed the move as a deliberate liquidity decision rather than a bearish signal on the asset itself. In a recent statement, the Singapore-based miner stated that converting newly mined Bitcoin into cash […]
Tag: US
By Ted Late Bitcoin mining, the process of verifying and adding transactions to the Bitcoin blockchain, is mostly in the domain of large companies commanding fleets boasting tens of thousands of highly specialized Bitcoin miners. As the price of BTC continues to rise, so does the profitability of mining, increasing the market prospects of Bitcoin […]
By Afe Funbi Key highlights: The Render price is down almost 90% from its peak and is now sitting right on a major higher-timeframe demand zone near $1. A long-term descending channel and key Fibonacci level are both lining up in this accumulation area. A move above $2.70 would strengthen the bullish case, but a […]