World’s largest Bitcoin miner Core Scientific’s stock tumbles amid liquidity crisis
The Nasdaq-listed company expects to deplete its cash resources by the end of this year.
The Nasdaq-listed company expects to deplete its cash resources by the end of this year.
Bitcoin extended its rally and rose nearly 2%, with top 10 cryptocurrencies by market capitalization, excluding stablecoins, mostly higher on the day, led by Dogecoin’s 18% gain as Elon Musk’s purchase of Twitter neared completion.
Bitcoin continued its price run higher in Thursday morning trading in Asia as it neared US$21,000. Ether and the rest of the top 10 cryptocurrencies by market capitalization, excluding stablecoins, also rose. The total crypto market cap exceeded US$1 trillion for the first time since mid-September. Leading memecoin Dogecoin was the best performer, while the…
Cash App users in the U.S. can now buy, send, and receive Bitcoin using the Lightning Network, directly within the app.
Bitcoin posted a three-week high in afternoon trading in the Asia time zone. Ether led gains across all top 10 cryptocurrencies by market capitalization, with a 12% surge. Cardano’s ADA and Solana’s token also registered double-digit gains.
Two Chinese intelligence officers allegedly paid a double agent to help steal files related to a federal investigation into a China-based global telecom firm, reported to be Huawei.
Bitcoin was trading above US$20,000 for the first time in almost three weeks on Wednesday morning trading in Asia.
Bitcoin traded flat on Tuesday afternoon in Asia hours, while Ether edged higher in a mixed day for prices among the top 10 cryptocurrencies by market capitalization, excluding stablecoins. XRP led the losers for the second consecutive day. Polygon’s Matic token held onto recent gains and Dogecoin also moved higher.
Bitcoin dipped in Tuesday morning trading in Asia, but held above the US$19,000 support line where it has been fluctuating for several weeks.
Bitcoin mining difficulty has reached a new high after a 3.44% increase in Monday’s biweekly adjustment, according to data from BTC.com.