Tag: BTC
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Bitcoin’s Volatile Journey: Understanding the Decline in Wallet Addresses and Price Fluctuations
A Deep Dive into the Current State of Bitcoin In the dynamic world of cryptocurrency, Bitcoin (BTC) remains a focal point for investors and enthusiasts alike. Since October 2023, the Bitcoin landscape has witnessed significant changes, marked by a decline in wallet addresses and price volatility. As we approach the upcoming BTC halving event in…
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Hut 8 Mining Production and Operations Update for December 2022
161 Bitcoin Mining in December 3,568 Bitcoin mined throughout 2022 100% of Bitcoin mined added to balance sheet, increasing reserves by 65% in 2022 to 9,086 BTC TORONTO, Jan. 6, 2023 /PRNewswire/ – Hut 8 Mining Corp. (Nasdaq: HUT) (TSX: HUT) (“Hut 8” or the “Company”) one of North America’s largest, innovation-focused digital asset mining pioneers and high performance computing infrastructure provider, increased our Bitcoin holdings by 161…
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Is Bitcoin set to have a 2017-style mini-boom this year?
Bitcoin price is set to “surge before the end of 2020” with investors keen not to “sleepwalk” through a 2017-style mini-boom, says the CEO of one of the world’s largest independent financial advisory and fintech organisations. The prediction from Nigel Green, the deVere Group CEO and founder, which has $12bn under advisement, comes as Bitcoin…
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Grayscale Investments Announces Launch of the Grayscale Digital Large Cap Fund
NEW YORK, Feb. 11, 2018 /PRNewswire/ — Grayscale Investments, LLC (“Grayscale”), the sponsor of the Bitcoin Investment Trust (OTCQX: GBTC), the Ethereum Classic Investment Trust and the Zcash Investment Trust, announced today the launch of a new investment vehicle, the Grayscale Digital Large Cap Fund LLC (the “Fund”). The Fund intends to hold the top digital assets by…