Fundamental Labs, (Backed By Coinbase, Binance, Canaan), Puts $44 Million Into Bitcoin Mining Setup

2019-5-9 21:55

Fundamental Labs Will Invest $44 Million USD In New Bitcoin Miners A blockchain fund manager called Fundamental Labs is set to invest $44 million UD in new Bitcoin miners. This is a huge bet, as the crypto market is starting to recuperate now but nobody knows fast it will be. The company is backed by […]

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Bitcoin Fees Soar Above Ethereum’s As Investors Flock To Ordinals-Backed Assets

CryptoFees data shows that Bitcoin daily fees averaged $10. 65 million from November 16 to November 18, surpassing Ethereum’s average fee of nearly $7 million for the same period. Until 2024, the US Securities and Exchange Commission (SEC) is deferring decisions on several Bitcoin ETF applications, despite the market’s increasing optimism about the approval of a spot Bitcoin exchange-traded fund (ETF) in the US.

2023-11-21 09:36


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Bitcoin’s rally near $28,000 sparks $75 million in market liquidations

Quick Take Bitcoin exhibited a price surge of more than 2.5% in the last 24 hours and an overall increase of 4% across the weekend, positioning it just under the noteworthy $28,000 mark. This uptick in Bitcoin’s value has had a significant ripple effect on the broader crypto market, instigating a total of $75 million […] The post Bitcoin’s rally near $28,000 sparks $75 million in market liquidations appeared first on CryptoSlate.

2023-10-16 11:51


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Bitcoin Mining Stocks Up

In early November, Bitcoin mining profitability experienced a notable uptick, with the hash price—a key indicator of miner earnings—rising by 29% since the end of October.