CleanSpark has delivered the strongest quarter in its history, posting record revenue and profit that outpaced Wall Street expectations. Key Takeaways: CleanSpark posted record Q3 revenue of $198.6M, up 91% year-on-year. EPS hit $0.78, far exceeding analyst estimates of $0.20. The company reached 50 EH/s hashrate using only US infrastructure and grew its Bitcoin treasury…
Bitcoin’s recent price action has drawn renewed attention as the asset attempts to rebound from last week’s decline. Following its July peak above $123,000, BTC experienced a downturn, hitting lows around $112,000 over the weekend. However, the latest data now suggest a gradual recovery in progress, with the cryptocurrency trading above $116,000 at the time…
The US markets have seen a surge of digital coins. Millions of Americans now hold tokens in their wallets. Blocking all of it suddenly would be nearly impossible. At the same time, leaving this sector with no rules puts everyday investors in harm’s way. Why Ban Is Off The Table According to Bloomberg columnist Matt…
Following a brief dip to $112,200, Bitcoin (BTC) has recovered slightly, trading around the $116,300 level at the time of writing. While concerns remain about BTC’s inability to decisively break the $120,000 resistance level, on-chain data suggests the asset may be in an accumulation phase – potentially gearing up for its next breakout toward a…
Bitcoin miners have taken the 7-day average Hashrate to a new all-time high (ATH), despite the fact that the token’s price has been down recently. Bitcoin Hashrate Has Just Set A New Record The Bitcoin “Hashrate” refers to the collective amount of computing power that the miners as a whole have connected to the blockchain….
Last Friday’s US July Employment Situation release has delivered the kind of statistical jolt that rarely shows up outside crises, forcing traders to re-evaluate both the macro outlook and Bitcoin’s near-term path. Payrolls grew by just 73,000, but the shock lay in the record-large negative revisions: May and June were marked down by a combined…
President Donald Trump has nominated Stephen Miran, chair of the Council of Economic Advisers, to the Federal Reserve Board of Governors. The move comes just as Bitcoin surges back above $117,000, marking renewed momentum in both politics and crypto markets. Trump made the announcement Thursday on his Truth Social platform, confirming Miran will fill the…
The Winklevoss twins, Cameron and Tyler, have reportedly invested in American Bitcoin Corp., a new crypto mining company tied to Eric Trump and Donald Trump Jr., according to a report by Bloomberg. The venture, backed by a private placement, combines assets from Hut 8 Corp. and an entity linked to the Trump sons. The exact…
On-chain data shows that the Bitcoin short-term holders have switched to loss-taking recently. Here’s what this could mean for the asset. Bitcoin Short-Term Holder SOPR Has Dropped Below 1.0 In a new post on X, the on-chain analysis platform Checkonchain has talked about how the behavior of the Bitcoin short-term holders has changed recently. The…
Франция переходит на новый этап внедрения криптовалют, поскольку партия крайнего правого крыла Rassemblement National (RN) готовит законопроект, разрешающий использовать неиспользуемую ядерную энергию для майнинга Биткоина. По информации французской газеты Le Monde, лидер партии и трижды выдвигавшийся в президенты Марин Ле Пен продвигала этот план во время визита на АЭС Фламанвиль 11 марта, заявив, что это…