News with the tag "IoT"

In a significant development for the cryptocurrency mining industry, Riot Platforms has unveiled a non-binding term sheet to acquire key assets from digital asset technology firm Rhodium. This strategic move, as reported by PR Newswire, signals a major expansion for Riot’s data center operations and...

Bitcoin’s price action has been trapped in a tight range between $84,000 and $82,000 in recent days, with bulls struggling to push upwards. The general market sentiment is one of a cautious nature, and hopes of a quick return above $90,000 are starting to fade. However, a new technical analysis sugg...

The cryptocurrency market is facing a seemingly never-ending decline, with Ethereum (ETH) and Dogecoin (DOGE) leading the losses among large-cap digital assets. This correction comes as the broader market sentiment turns bearish and cautious while Bitcoin (BTC) experiences persistent volatility and ...

More on cryptos Trump Crypto Reserve: What are Ripple, Cardano and Solana? Grayscale Investments Talks Crypto ETFs BTC, ETH, GBTC And ETHE Mini Trust BTC: The Lowest Cost Bitcoin ETF Crypto-linked assets wrapped in red for February as bitcoin, ethereum plunge SA Charts: How did Bitcoin miners do in ...

More on Bitcoin USD Bitcoin: Don't Panic Sell Bitcoin's Bullish Setup, Strategic Reserve And Retail Momentum Align (Rating Upgrade) Bitcoin's Pain May Just Be Beginning Crypto prices reverse higher as traders brace for key Trump summit Crypto prices remain under pressure as euphoria driven by strate...

Ripple’s chief technology officer, David Schwartz, has made it clear: Ripple will prioritize its own interests when selling XRP. In response to inv...

Summary WGMI offers indirect Bitcoin exposure through companies focused on mining and related services. If we look at its top three holdings (CORZ, IREN, and CIFR), they make up over 42% of its assets. WGMI also has a high expense ratio of 0.75%, which doesn’t seem justified. In fact, it has signifi...

Summary Reiterating a bullish stance on Hut 8 with a $30 price target, citing improved fundamentals and diversification beyond Bitcoin mining. Hut 8's strategic shift includes revenue from AI, data centers, and power generation, reducing dependency on Bitcoin's volatile price. Strong 2024 earnings s...

In the ever-evolving world of cryptocurrency, where digital assets are reshaping finance, Bitcoin mining remains a cornerstone of the ecosystem. Leading the charge in this dynamic sector, Riot Platforms, a prominent U.S.-based Bitcoin mining company, has just announced a significant milestone. Febru...

The Bitcoin price action is showing strong bullish signals, as a rare Inverse Head and Shoulder pattern has just broken out and retested its neckline. This technical setup suggests that Bitcoin could be gearing up for a mega rally to $300,000 soon. Analyst Forecasts Bitcoin Price Reversal On Monday,...