Tags : Year

Bitcoin

This firm turned an old power plant into Bitcoin farm—and

Over the past few years, private equity firm Atlas Holdings has created arguably the most ambitious and self-sufficient Bitcoin mining facility in the U.S. by repurposing a whole abandoned power plant into a crypto farm. According to Ars Technica’s report published earlier this week, Atlas bought the Greenidge power plant in upstate New York back […]Read More

Bitcoin

Goldman Sachs is trading Bitcoin a year after saying crypto

US bank Goldman Sachs has launched a cryptocurrency trading team, as per a report this morning on news outlet CNBC. Goldman Sachs just formed an entire cryptocurrency trading team under their Global Currencies divsion. Last year, they called #bitcoin “not an asset class” — Documenting Bitcoin 🟩 (@DocumentingBTC) May 7, 2021 From no crypto to […]Read More

Bitcoin

Bitcoin firm that exploded 12,000% in the past year is

Bitcoin firm that exploded 12,000% in the past year is buying the world’s largest mining farm Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Riot Blockchain, a publicly listed United States Bitcoin mining player, acquired a crypto mining facility for over $650 million last week as […]Read More

Bitcoin

Bitcoin breaks $60,000 a year after ‘flash crash’ to under

Bitcoin, the world’s biggest cryptocurrency by market cap, broke the $60,000 level today driven by futures and spot trading activity. It’s now returned over 990% to investors in the past year, and 8% in the past day. Data showed over $490 million worth of “short” positions, or bets against BTC’s rising prices, were liquidation as […]Read More

Bitcoin

One Year Later: Bitcoin Emerges As “The Stimulus Asset”

Bitcoin price is trading at above $52,000 currently, yet less than one year ago from today it struggled to crack $10,000. Failure sent the cryptocurrency plummeting to Black Thursday lows, but from there confirmed the bear market was over, and has been in an uptrend ever since. During that time, compared to all other assets, […]Read More

Market

A Bullish ($1 Million) Bitcoin Forecast as Year of Ox

Editor’s Note: Happy Chinese Lunar New Year! First Mover will not publish on Monday, February 15, which is Presidents’ Day in the U.S. Cryptocurrency markets will be open, as they always are. Price Point Bitcoin (BTC) was lower, after pushing early Friday to a new all-time high price of $48,925, based on CoinDesk pricing.  Market […]Read More

Market

Why a Chinese New Year Sell-Off May Not Happen This

The lunar Chinese New Year this year is on Feb. 12, right around the corner. But unlike in previous years, some analysts and traders say the “Chinese New Year Dump,” a belief bitcoin’s (BTC) price would drop around the holiday period, will not take place this year. Why? The impact of retail traders in China […]Read More

Market

Market Wrap: Bitcoin Hits $40K Again While Ether Volume Is

After closing out last week at over $40,000 on Sunday, bitcoin hit that price again Thursday while traders are pushing ether volumes to new liquidity levels. Bitcoin (BTC) trading around $39,318 as of 21:00 UTC (4 p.m. ET). Gaining 8.5% over the previous 24 hours. Bitcoin’s 24-hour range: $36,125-$40,066  (CoinDesk 20) BTC above the 10-hour […]Read More

Blockchain

This Elusive Malware Has Targeted Crypto Wallets for a Year

Operating for a year now, insidious malware ElectroRAT is bringing 2020 into 2021 and targeting crypto wallets. A researcher at cybersecurity firm Intezer has identified and documented the inner workings of ElectroRAT, which has been targeting and draining victims’ funds. According to the researcher, Avigayil Mechtinger, the malware operation includes a variety of detailed tools that […]Read More

Blockchain

Valid Points: New Year, New Price Gains For ETH

Bullish price activity has tipped the total value of ETH locked into Ethereum 2.0 past $2.4 billion. Find out what other network metrics have been impacted by ether’s latest price gains.https://www.coindesk.com/new-year-new-price-gains-eth It’s safe to say that 2021 is off to a great start for Ethereum.  Since ringing in the new year on January 1, the […]Read More