In 2011, the consolation prizes for a Starcraft tournament were 25 BTC worth around $40. Today, they’re worth over $1.8M.It’s said that no one claimed the #BitCoins. https://t.co/3IcPKe0PYB ...

🚨 203,556,622 #DOGE (20,059,987 USD) transferred from unknown wallet to #Robinhoodhttps://t.co/o18i9psMhR ...

Bitcoin has crashed again. The largest cryptocurrency has fallen more than 50% from its record high in October, hitting around $60,000. We've been through this before.So, what's really different this time. It's really not about a big company or exchange collapsing or another bad headline. What we're seeing, traders say, is a riskoff mood hitting crypto across the board.High interest rates and tighter liquidity mean investors are pulling back from risky assets. And crypto is right at the front of that exit. ...

Bitcoin has crashed again. The largest cryptocurrency has fallen more than 50% from its record high in October, hitting around $60,000. We've been through this before.So, what's really different this time. [music] It's really not about a big company or exchange collapsing or another bad headline. What we're seeing, traders say, is a riskoff mood hitting crypto across the board.High interest rates and tighter liquidity mean investors are pulling back from risky assets. And crypto is right at the front of tha ...

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Bitcoin's (CRYPTO: BTC) price recently dropped below $70,000. It's now pulled back more than 40% from its all-time high last October and has given up all its gains since President Trump won the election on Nov. 5, 2024. That sell-off can be attributed to elevated Treasury yields, a murky outlook for future interest rate cuts, and other macro headwinds -- which all drove investors to book profits and rotate toward more conservative investments. As Bitcoin's price plunged, leveraged liquidations at key supp ...

Core Viewpoint - Bitfarms is transitioning from Bitcoin mining to AI infrastructure, rebranding as Keel Infrastructure to focus on high-performance computing (HPC) and AI data centers in North America [1][2]. Company Transition - The company announced its intention to abandon Bitcoin mining in November, aiming to improve net operating incomes by shifting to AI infrastructure [1]. - CEO Ben Gagnon emphasized that the new name reflects the company's infrastructure-first approach and its commitment to building future computing infrastructure [2]. - A shareholder vote is scheduled for March 20 to approve the transition, which is part of a strategic review by the board over the past year [3]. Market Reaction - Following the announcement, shares of Bitfarms (BITF) increased by 27%, trading around $2.17, amid a broader recovery in crypto equities [2]. - The company plans to complete its U.S. redomiciliation by April 1 and will trade on Nasdaq under the ticker KEEL [2]. Industry Context - Other publicly traded Bitcoin miners, such as Riot Platforms and MARA Holdings, are also shifting towards AI, indicating a broader trend in the industry [4]. - The move to AI may provide a more stable revenue stream for miners facing uncertainty due to fluctuating Bitcoin prices, which recently dropped significantly [4][5].

Crypto's eligibility for 401k retirement funds under fire after $2 trillion rout, with Duke's Lee Reiners saying 401ks shouldn't "gamble on speculative assets" as BlockTrust IRA managing $70M admits it didn't exit quickly enough.@IanAllison123 reports.https://t.co/TOg4WM4ssb ...

🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 400,000,000 #USDT (399,895,000 USD) transferred from #HTX to #Aavehttps://t.co/snHlAoKWQi ...

🚨 🚨 🚨 759 #BTC (53,128,625 USD) transferred from #Coinbase to unknown wallethttps://t.co/WzMPkpgaO6 ...