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Bitcoin News

Archived coverage · Forkast crypto archive

  • Bitcoin News

    Bitdeer leads US$250 mln fund to acquire assets from distressed miners: report

    Crypto tycoon Jihan Wu’s crypto mining firm Bitdeer Technology Holdings is leading a US$250 million fund to acquire mining rigs from distressed miners amid the cryptocurrency bear market, according to Bloomberg. See related article: China mining rig maker Canaan expands despite crypto winter  Fast facts See related article: Bitmain cuts mining rig price amid crypto […]

    Ningwei Qin

  • Bitcoin News

    Markets: Bitcoin price back under US$20,000, Ether little changed, XRP falls, Uniswap gains

    Bitcoin traded back in the US$19,000 range on Wednesday morning in Asia after breaching US$20,000 the previous day in a broader market surge. Ether was little changed, while Solana, Cardano and XRP on the list of top 10 by market capitalization lost ground. See related article: Markets: Bitcoin price rises above US$20,000, XRP rebounds, Ether […]

    Lachlan Keller

  • Bitcoin News

    Markets: Bitcoin price rises above US$20,000, XRP rebounds, Ether rallies

    Bitcoin rallied above US$20,000 in Tuesday afternoon trading in Asia, along with almost all the top 10 coins by market capitalization. XRP rebounded from losses in the morning. See related article: Markets: Bitcoin price back above US$19,000; Ether, Polkadot gain; XRP leads losers Fast facts Bitcoin rose 6.94% in the past 24 hours to trade […]

    Timmy Shen

  • Bitcoin News

    Markets: XRP reverses gains, Bitcoin stuck under US$19,000, Ether trades lower

    Bitcoin remained stuck below a US$19,000 ceiling in Monday afternoon trading in Asia as concern about inflation and rising interest rates prompted selling across most asset classes. XRP slipped but remained well ahead for the week. Ether and all the other top 10 coins by market capitalization lost ground, with Solana logging the largest fall. […]

    Timmy Shen

  • Bitcoin News

    Markets: Bitcoin price falls below US$19,000, ETH down, XRP continues to rise

    Bitcoin traded below the US$19,000 mark in early Monday trading in Asia after fluctuating around the resistance level all week. Ethereum and most other tokens in the cryptocurrency top 10 by market capitalization lost ground. XRP once again defied broader market forces and was up on the day. See related article: Markets: XRP soars 23%, […]

    Dylan Butts

  • Bitcoin News

    Markets: XRP bounces back, Bitcoin stuck under US$19,000, Ether loses more ground post-Merge

    Bitcoin traded below US$19,000 Thursday afternoon in Asia after dropping below that resistance level earlier, following the U.S. Federal Reserve’s decision to raise interest rates by 75 basis points. Ether also fell. XRP was the biggest gainer among the 10 largest coins by market capitalization, while most other top 10 tokens were little changed. See […]

    Timmy Shen

  • Bitcoin News

    Bitmain cuts mining rig prices amid crypto bear market, energy costs

    Bitmain announced on Tuesday that it is cutting the price of one of its latest mining rig models, the S19 Pro, to US$19 per terahash (TH), which is 41% less than the price index shown on the mining rig data website Hashrate Index. See related article: US raises red flag on crypto mining, concern over […]

    Ningwei Qin

  • Bitcoin News

    Markets: Bitcoin price falls below US$19,000, Ether slumps, XRP drops on lawsuit delay

    Bitcoin fell below US$19,000 in Thursday morning trading in Asia after briefly moving above that resistance level overnight as investors digested the U.S. Federal Reserve decision to raise interest rates by 75 basis points, or in line with expectations. All the top 10 cryptocurrencies by market capitalization lost ground, with Ether the biggest loser.  See […]

    Lachlan Keller

  • Bitcoin News

    Bitcoin recovers from steep drop after Fed hikes rates by 75 basis points

    Bitcoin, the largest cryptocurrency by market capitalization, rose more than 3% on Thursday to recover from a sharp drop to under US$19,000 after the Federal Open Market Committee said it would raise interest rates by 75 basis points, or in line with market expectations, to rein in inflation. See related article: Digital dollar takes another […]

    Pradipta Mukherjee