News with the tag "ASIC"

Crypto analyst Bithereum, who predicted the Dogecoin price crash below the $0.2 level, has revealed the rest of his forecast for the foremost meme coin. Based on this, DOGE could soon witness a bullish reversal and rally to its local high of $0.45. What Next For The Dogecoin Price In a TradingView p...

The Bitcoin mining landscape is heating up, and Bitdeer, a prominent cloud mining firm, is making a bold move to solidify its position. In a significant stride towards expanding its operational capacity, Bitdeer has dropped a staggering $240 million on cutting-edge Bitcoin mining chips from semicond...

Bitdeer Technologies Group (BTDR) said its fourth-quarter net loss widened to $531.9 million from $5 million in the year-earlier quarter. The Singapore-based bitcoin (BTC) mining company attributed the expenses to strategic investments in developing its proprietary ASIC mining rigs. “While our focus...

Crypto analyst Basic Trading has revealed that the Dogecoin price is confirming a final retest before a potential move to the upside. In line with this, he revealed price levels to watch for as DOGE eyes a bullish breakout. Levels To Watch For As Dogecoin Price Confirms Final Retest In a TradingView...

By early 2025, Russia’s Bitcoin mining capacity had topped 11 GW, but only around 3 GW was reportedly used by legal miners. Bitcoin ( BTC ) mining sector in Russia grew in 2024 as the number of mining farms rose 7% to 136,600, Russian newspaper Kommersant reports , citing data by MTS EnergyTool. As ...

Can crypto protect against inflation? Explore how cryptocurrencies may offer a hedge against rising prices and economic uncertainty.

US Customs and Border Protection (CBP) has conducted an enforcement action to seize Bitcoin mining application-specific integrated circuits (ASICs) at US port entry points after receiving direction from the Federal Communications Commission (FCC). The crackdown expanded to include machines produced ...

Millions of dollars will be handed out to hundreds of people as a New York-based guaranteed income program expands to three additional states, according to a new report. The Bridge Project will offer unconditional direct cash disbursements to mothers in Kentucky, Ohio and West Virginia over the next...

Crypto analyst BasicTrading has revealed a bullish pattern that has appeared for the Ethereum price, which hints at a rally to $4,000. This again provides some optimism concerning ETH, which has continued to underperform in this market cycle. Ethereum Price Eyes $4,000 With This Bullish Pattern In a...

Following Donald Trump’s presidential inauguration, the cryptocurrency market has experienced a mix of price actions. Bitcoin (BTC) has managed to maintain its position above the $101K mark, while meme coins like Dogecoin (DOGE), Shiba Inu (SHIB), and Official Trump (TRUMP) have been facing price de...