Bitcoin Miners Are 'Fighting to Survive' Amid Energy Spike, Crypto Crash
"Some miners may either go bankrupt or have parts of their assets purchased for cents on the dollar by stronger ones," said Arcane Research.
Source: businessinsider.com
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SBF denies FTX is eyeing distressed crypto mining companies
Sam Bankman-Fried has clarified his company is not actively looking into acquiring crypto mining companies as it doesn’t fall within its core strategy.
Source: cointelegraph.com
Bitcoin hints at a bottom, but it may be different this time
Bitcoin on Thursday closed out one of its worst quarters on record, giving up 60% in the April-June stretch.
Source: moneyweb.co.za
Weekly Commentary: Pondering Modern-Day Runs
Surging consumer inflation may have been the catalyst, but the unfolding crisis has been decades in the making. Click here to read more.
Source: seekingalpha.com
Worst quarter in 11 years as Bitcoin price and activity plunge
Bitcoin has faced its worst quarterly return since over 11 years ago in 2011 as the wider stock market returns falter in tandem with the cryptocurrency.
Source: cointelegraph.com