The cryptocurrency market recently faced notable fluctuations, with Bitcoin's price dipping below the $100,000 threshold, raising concerns among investors and analysts alike. This significant decline has broader implications, affecting major cryptocurrencies like XRP and Dogecoin (DOGE).
Core Scientific, Inc., a leader in digital infrastructure for bitcoin mining and high-performance computing (HPC), has released its financial results for the fiscal third quarter of 2024. The company reported mixed financial metrics, significant operational changes, and a strategic shift in its
The reelection of Donald J. Trump as U.S. President has sent ripples through the cryptocurrency sector, promising a potential shift in the regulatory landscape. After years of stringent oversight under the Biden administration, the crypto industry is optimistic about a more favorable environment
BlackRock's Bitcoin ETF, $IBIT, has achieved a historic milestone after reaching $40 billion in assets under management (AUM) in a record-breaking 211 days, illustrating the overwhelming confidence that institutional investors have in Bitcoin. This rapid growth has positioned the ETF within
Blockchain technology, with its promise of decentralization, transparency, and enhanced security, faces a significant hurdle in its path to broader adoption: scalability. The ability to process a large number of transactions efficiently is crucial for blockchain to transition from a niche
Blockchain technology has revolutionized the way we perceive and handle digital transactions. At its core, blockchain is a distributed database or ledger shared among the nodes of a computer network. This technology ensures a secure and decentralized record of transactions, making it indispensable