Digital currency miners have felt the pressure to “halve”. The next step is to throw away Bitcoin to decompress?
According to research firm Kaiko, the cryptocurrency market may face greater selling pressure as the income of Bitcoin miners with large digital currency assets falls sharply. “If miners are forced to sell even a small portion of their assets next month, it will have a negative impact on the market. During the summer months, trading activity usually slows down, and liquidity is insufficient.”
Standard Chartered is bullish on Bitcoin: it will rush to $150,000 by the end of the year, Trump's victory is a positive factor
① Geoff Kendrick, head of foreign exchange research and digital asset research at Standard Chartered Bank, believes that Bitcoin will reach 150,000 US dollars by the end of the year; ② He believes that if Trump wins the November presidential election, it will be positive for Bitcoin; ③ he also pointed out that as investors seek alternative assets, digital assets will receive more support.
Over 3.6 trillion dollars of market capitalization evaporated! Bitcoin may face the longest continuous decline in the year
On May 10, 2024, Coinmarketcap data showed that since the Bitcoin price hit an all-time high of 7,3798 US dollars in mid-March, its price trend has continued to fluctuate and decline for 2 months. Currently, the price is hovering around 62,000 US dollars.
Bitcoin returns above 64,000: from fear to greed in just one weekend
Just as fast as the Bitcoin market returned, investor confidence seemed to quickly recover over the weekend.
Changes in US stocks 丨 Blockchain stocks rose collectively, MicroStrategy rose more than 7%
Glonghui, May 3 | Bitcoin hit an upward trend of 62,000 US dollars, driving the collective rise of US blockchain stocks. Among them, MicroStrategy and Cipher Mining rose more than 7%, Bakkt Holdings and SAI TECH Globa rose nearly 7%, CleanSpark, Digihost Technology, and Mawson Infrastructure rose more than 3%, and Yibang International rose more than 2%.
Bitcoin Faces Its Worst Month Since FTX Crash! Is the price pullback an opportunity or a trap?
Bitcoin is experiencing its worst month since Sam Bankman-Fried's FTX empire collapsed as the US exchange-traded fund (ETF) frenzy over the biggest digital asset subsides. Bitcoin fell nearly 14% in April, the biggest monthly decline since falling 16 in November 2022.
Ebang International GAAP EPS of -$5.86, Revenue of $4.9M
Ebang International Faces Steep Revenue Decline
EBON.US (EBON.US): The 2023 FY financial report achieved revenue of US$485518 million, with a previous value of US$32.328 million; earnings per share were -5.86 US dollars, and the previous value was -7.03 US dollars.
EBON.US (EBON.US): The 2023 FY financial report achieved revenue of US$485518 million, with a previous value of US$32.328 million; earnings per share were -5.86 US dollars, and the previous value was -7.03 US dollars.
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Expect More From Altcoins With BTC Stuck in Range Trade
Bitcoin price could drop all the way to $52,000 where many bulls wait to interact with BTC.
Ebang Intl: Results Hurt by Bankruptcy of Virtual Currency Banks in U.S. and Caution by Market Participants Following Certain Fraud Incidents on International Trading Platforms
Ebang Intl: Results Hurt by Bankruptcy of Virtual Currency Banks in U.S. and Caution by Market Participants Following Certain Fraud Incidents on International Trading Platforms
Ebang Intl Hldgs FY EPS $(5.86) Up From $(7.03) YoY, Sales $4.86M Down From $32.33M YoY
Ebang Intl Hldgs (NASDAQ:EBON) reported quarterly losses of $(5.86) per share. This is a 16.64 percent increase over losses of $(7.03) per share from the same period last year. The company reported $
Ebang Intl Holdings 2023 Rev $4.86M >EBON
Ebang Intl Holdings 2023 Rev $4.86M >EBON
Press Release: Ebang International Reports Financial Results for Fiscal Year 2023
Ebang International Reports Financial Results for Fiscal Year 2023 SINGAPORE, April 26, 2024 (GLOBE NEWSWIRE) -- Ebang International Holdings Inc. (Nasdaq: EBON, the "Company," "we" or "our"), a glob
Officially announced the listing transaction at the end of April! Harvest, Huaxia Bitcoin ETF, and Ether ETF officially approved
It is expected to be officially listed and traded at the end of April.
The words are amazing! US presidential candidate: The national budget will list blockchain to allow 300 million people to jointly monitor and inspect
US presidential candidate JFK Jr. said that the national budget will be listed on the blockchain so that Americans can check it 24 hours a day.
“Halving” reduces the supply of new tokens, and Bitcoin mining companies may face loss of revenue
As the Bitcoin system update, known as the “halving,” has been completed, companies that make money by ensuring the smooth and safe operation of the digital currency's functions may experience a potential impact.
Bitcoin has been “halved” every four years! Komo warns: this will be the beginning of a sharp decline...
① Bitcoin's “halving” was finally completed last Saturday. J.P. Morgan analysts expect Bitcoin's price to fall after the halving due to the early pricing in the market. ② Analysts pointed out that the Bitcoin market is currently overbought, venture capital financing is sluggish, mining companies are facing declining revenue and may seek relocation or mergers. Although the market is optimistic about Bitcoin's price increase before the end of the year, there are downside risks in the short term.
Witness history! Just now, Bitcoin was cut in half!
The quadrennial software update (called the “halving”) is here.
The latest announcement from the United Kingdom and the US! The global market experienced a huge shock, and 10,000 people instantly burst out of positions
News of Israel's attack on Iran has caused global assets to “buzz”, and stock markets such as Japan, South Korea, the Philippines, and Vietnam, which are currently trading, fall rapidly.
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