Skip to main content

Crypto Easy

Search This Blog

Bitcoin’s rally to $72K took miner revenues to record highs

on March 12, 2024

Get link
Facebook
X
Pinterest
Email
Other Apps

Miners saw revenues climb to roughly $78.89 million on March 11, the same day the BTC price broke new all-time highs.

Cointelegraph.com News

Get link
Facebook
X
Pinterest
Email
Other Apps

Comments

Post a Comment

Popular Posts

Cathie Wood's ARK dumps $146M in Circle amid share surge

Cathie Wood's ARK dumps $146M in Circle amid share surge Despite the massive sale, ARK remains the eighth largest Circle holder. 271 Total views Listen to article 0:00 News COINTELEGRAPH IN YOUR SOCIAL FEED Cathie Wood’s ARK Invest has increased its Circle selling spree as CRCL stock surged nearly 250% since its public debut. ARK dumped another 609,175 Circle shares from its three funds for $146.2 million on Friday, according to a trade notification seen by Cointelegraph. The sale came amid a 20.4% jump in the company’s shares on Friday, closing at $240.3, or 248% above the opening price of $69 on the New York Stock Exchange on June 5. The most recent dump marked the third sale by ARK in the past trading week, with all three sales totaling 1.25 million CRCL shares, netting roughly $243 million based on the daily closing prices. ARK sells about 300,000 CRCL shares daily ARK’s latest Circle stock sale involved transactions from the three ARK funds, including the ARK ...

AI race between US and China resembles Cold War — Marc Andreessen

AI race between US and China resembles Cold War — Marc Andreessen The venture capitalist warned that virtually all artificial intelligence platforms are being developed in either China or the United States. 282 Total views Listen to article 0:00 News COINTELEGRAPH IN YOUR SOCIAL FEED Marc Andreessen, co-founder of the Andreessen-Horowitz venture capital (VC) firm, said that the current race to establish dominance in the artificial intelligence sector is analogous to the Cold War between the United States and the Soviet Union in the second half of the 20th Century. In an interview with Jack Altman on the Uncapped Podcast, the VC said different jurisdictions and cultures will likely demand AI models trained on material aligned with their notions of acceptable social organization . Andreessen told Altman: "There is a two-horse race. This is shaping up to be the equivalent of what the Cold War was against the Soviet Union in the last century. It is shaping up to be like ...

Bitcoin price to $150K? Here’s what it will take

Bitcoin price to $150K? Here’s what it will take Bitcoin bulls are making a run at $120,000 again, but most traders are wondering what it takes to get to $150,000. 1044 Market Update COINTELEGRAPH IN YOUR SOCIAL FEED Key takeaways: Bitcoin market structure and multi-faceted adoption still support a longer-term rally to $150,000. Regulatory tailwinds, along with the Trump administration’s expansionary economic mandate, support a BTC price rally to $150,000 and higher. Bitcoin ( BTC ) is making a run back toward the $120,000 level, but most traders want to know what it will take to spark a rally to $130,000 and $150,000. From a technical point of view, the Sunday night rally above $120,000 was the result of a futures-market-driven short squeeze that resulted in more than $1 billion in liquidations across the crypto market. According to Cointelegraph's head of markets, Ray Salmond, while the spot follow-through needed to sustain prices abov...

Powered by Blogger