Crypto World News

2024-05-04 19:03:25 Bitcoin Whales Bagged $2.8B Worth of BTC in a Day: CryptoQuant

Bitcoin’s recent market correction that dragged the world’s largest cryptocurrency near the low of $56,500 turned out to be a good opportunity for high-profile investors. Data shared by CryptoQuant CEO Ki Young Ju revealed that whales have accumulated a whopping 47,000 BTC – worth more than $2.8 billion in current price – over the past 24 hours alone. This shopping spree signals the beginning of “a new era” for the primary cryptocurrency, according to the exec.

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2024-05-03 21:13:08 Bitcoin miner CleanSpark records highest single mining day in April in post-halving report

CleanSpark has released its first monthly unaudited Bitcoin mining and operations update since the halving. The company exceeded 17 EH/s in hashrate, mining an impressive 721 BTC with a record daily high of over 48 BTC. CEO Zach Bradford highlighted the company’s monthly gains in efficiency metrics as they deploy advanced S21 machines across their expanding facilities. These improvements have amplified mining output and optimized operational costs.

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2024-05-03 19:37:50 Top 5 Daily Gainers & Losers

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2024-05-03 08:32:00 Texas A&M Professor Korok Ray presents that Bitcoin “is the first time in the history of human kind where we see the value of scarcity illustrated”

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2024-05-02 20:12:49 Spot bitcoin ETFs record largest daily net outflows ever

Spot bitcoin exchange-traded funds in the U.S. recorded $563.7 million in total net outflows on Wednesday — the largest total net daily outflows since their debut — according to data from SosoValue. Fidelity’s FBTC experienced the largest net outflows among the ETFs, with over $191 million moving out of the fund. That exceeded the $167.3 million net outflow recorded by Grayscale’s GBTC, SosoValue data showed.

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2024-05-02 19:16:57 Top 5 Daily Gainers & Losers

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2024-05-02 09:36:14 MicroStrategy launches an enterprise platform for building decentralized identity applications on Bitcoin — MicroStrategy Orange

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2024-05-01 23:34:58 Binance co-founder Changpeng Zhao says crypto industry has 'entered a new phase'

Binance co-founder Changpeng Zhao, commonly known as CZ, expressed his thanks to his supporters following his sentencing to four months in prison over breaking compliance rules. Zhao was sentenced in Seattle on Tuesday after pleading guilty to anti-money laundering violations. He has also agreed to pay a $50 million fine. The former Binance CEO said that he plans to spend the next chapter of his life on education, where he has started a project called Giggle Academy.

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2024-05-01 19:37:45 Top 10 Trending Coins Last 7 Days

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