News - Page 52

Is Bitcoin Mining Going Green? Discover How HIVE is Leading the Charge

Is Bitcoin Mining Going Green? Discover How HIVE is Leading the Charge

HIVE Digital Technologies aims to achieve over 2% of global bitcoin production by 2025 using renewable energy. HIVE utilizes hydroelectric power, setting itself apart from traditional coal-reliant bitcoin mining practices. The company has implemented innovative energy recycling methods at its Montréal facility,
8 February 2025
Crypto Crash: What You Need to Know About the Market’s Recent Struggles

Crypto Crash: What You Need to Know About the Market’s Recent Struggles

The crypto market faced significant losses due to recent tariff announcements, particularly affecting major cryptocurrencies. Ethereum experienced a drastic decline of nearly 20% in a single hour, highlighting the market’s volatility. Despite a recovery in stock prices, cryptocurrencies remain under pressure, revealing
8 February 2025
Bitcoin ETFs Face a Sudden Exodus of $140 Million as Market Struggles

Bitcoin ETFs Face a Sudden Exodus of $140 Million as Market Struggles

Bitcoin ETFs in the U.S. experienced net outflows of $140.2 million after previous inflows. Fidelity’s FBTC saw the largest loss at $103.2 million, followed by Grayscale’s GBTC at $42.2 million. The cryptocurrency’s price dipped below $93,000, prompting investor anxiety and sell-offs. As
7 February 2025
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