Page 48 - Bit Digital News Today

Shiba Inu has gained more than 5,100,000% since its August 2020 debut, but darker days may lie ahead.

The long sheds at North America’s largest bitcoin mine look endless in the Texas sun, packed with the type of machines that have helped the US to become the new global hub for the digital currency. The operation in the quiet town of Rockdale was part of a bustling US business that received a boost from Beijing’s intensified cryptocurrency crackdown, which pushed the industry westward. Experts say that the rule of law and cheap electricity in the US are a draw for bitcoin miners, whose energy...

'Unintentional gift': US steps into China's bitcoin breach

FN Media Group Presents Microsmallcap.com Market Commentary NEW YORK, Oct. 15, 2021 /PRNewswire/ -- September 15, 2021 - Blockchain technology is becoming increasingly popular and thanks

/PRNewswire/ -- September 15, 2021 - Blockchain technology is becoming increasingly popular and thanks to a $1 billion growth fund being launched by the...

Cryptocurrency Mining Market to Witness Huge Growth by 2026 | Bitfarms, Hut 8 Mining, Argo Blockchain

FinancialBuzz.com News Commentary NEW YORK, Oct. 7, 2021 /PRNewswire/ -- This week has seen even more news regarding the acceptance of cryptocurrencies in the overall financial industry.

The Chinese governments crackdown on cryptocurrencies is once again in the news. According to CNN, Chinese government agencies including the countrys securities regulator and the Peoples Bank of China (PBOC) said in a statement on Friday that all cryptocurrency-related business activities are illegal and promised to punish illicit activities involving digital currencies. The first stages of the crackdown have already caused many crypto miners

The last time I analyzed Bit Digital was in August 2021 (article can be read here). At the time, I had called the low in Red II, and was looking for a

Investors appear to be overlooking shareholder dilution and instead celebrating a big influx of cash.