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Bitcoin Mining Blaze: Fire Strikes Greenidge Site Running NYDIG Hardware

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Fire knocked out power and halted bitcoin mining at Greenidge’s Dresden, New York site after an electrical failure sparked a blaze last week. Related Reading: Strategy Stock Crashes 60% — But Michael Saylor Refuses To Step Aside According to reports, the incident forced the plant to shut down its generation and data center operations, temporarily […]
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Bitcoin SOPR Reveals Massive Profit-Taking By Long-Term Holders — Is BTC In Trouble?

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Bitcoin regained price levels above $90,000 after trading beneath this key zone for the majority of the past two weeks. Within this period, the premier cryptocurrency saw a decline to as low as $80,600, marking a more than 10% deviation from the aforementioned support.  As the price stands fairly over $90,000, there seems to be […]
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Finance Expert Says Bitcoin Price Growth Is In ‘Google 2017’ Phase, What This Means

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A leading finance expert believes that the current growth stage of the Bitcoin price mirrors Google’s expansion in 2017, suggesting that the network is yet to reach its true potential. The expert’s comparison positions Bitcoin as a maturing digital system that has established core utility, with a larger phase of value capture still ahead. His […]
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CoinShares Withdraws Multiple US Crypto ETF Applications — Details

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Asset management firm CoinShares has announced its decision to pull the plug on its different crypto exchange-traded fund (ETF) applications with the United States Securities and Exchange Commission (SEC). This move marks a change in the firm’s strategy as it looks away from the slowly-saturating US crypto ETF space. CoinShares Pulls Plug On Solana, XRP, […]
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Popular Swiss Crypto Law Just Got A Massive Delay, Here’s The New Timeline

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The Swiss government has announced a delay in its plans to implement a major crypto law. This comes as governments worldwide face difficulty in achieving uniform crypto tax regulations, even as the crypto industry heats up with wider adoption.  Swiss Government Delays Implementation Of Popular Crypto Law In a press release, the Swiss Federal Council […]