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Citing energy costs, Hut 8 shuts down bitcoin mining site in Canada

In a recent report released on March 6, cryptocurrency mining company Hut 8 has announced the closure of its Bitcoin mining platform located in...

Russian Economist Foresees Cryptocurrency Landscape Shift Amidst CBDC Rise

In a recent statement, Alexander Razuvaev, a prominent Russian economist and member of the Guild of Financial Analysts and Risk Managers' supervisory board, outlined...

Asian Investors Propel Bitcoin to New Heights as Trading Dominance Continues

Bitcoin's recent surge to record-breaking levels is primarily fueled by the robust participation of investors in Asia, with traders from South Korea, China, and...

Bitcoin Surpassing $69,000 As Strong Investor Interest

Bitcoin, the world's largest cryptocurrency, reached a historic high on Tuesday, surging to $69,202 and surpassing its previous peak of $68,999.99 in November 2021....

Bitcoin’s Meteoric Rise Finds Solid Ground as Traditional Institutions Fuel the Rally

In a surprising turn of events, traditional institutions are channeling significant investments into Bitcoin, sparking renewed optimism among experts who believe that the cryptocurrency's...

Bitcoin takes a tumble after hitting an all-time high

Bitcoin witnessed a notable downturn after achieving an unprecedented all-time high on Tuesday, as investors opted to secure profits amidst the cryptocurrency's remarkable surge....

Bitcoin soars to a record high, then takes a tumble

Bitcoin reached a historic peak on Tuesday, surging to $69,202, surpassing the previous all-time high of $68,999.99 set in November 2021. This remarkable ascent...

Bitcoin Resilient Despite Minor Setback, Eyes Record Highs

In Asian trade on Wednesday, Bitcoin rebounded from a brief dip, retaining its proximity to a record high. The cryptocurrency, deemed the world's largest,...

Asian Stocks Rise; Gold, Bitcoin Drifting After Record Highs

Asian stocks demonstrated resilience on Wednesday as investors anticipated policy directions from Beijing during its annual parliamentary session. Disappointment lingered from the absence of...

Bitcoin Rallies Despite Brief Retreat, Set to Maintain Momentum

Bitcoin demonstrated resilience on Wednesday, staging another rally shortly after a temporary dip from its recent all-time high, reinforcing bullish sentiments among investors in...

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Why Are Cryptocurrencies So Volatile?

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Why Does Cryptocurrency Use So Much Energy?

Cryptocurrency has taken the financial world by storm over...

Why the Need for Liquidity Can Be Solved by Cryptocurrency

Liquidity is one of the most critical aspects of...

Why the US Government Holds Bitcoin

In recent years, Bitcoin (BTC) has evolved from a...

What is the Kraken 72 Hour Rule?

The cryptocurrency world is often filled with technical jargon,...