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bitcoin

Bitcoin miners get into AI to survive halving

by Ev Richard
Bitcoin miners get into AI to survive halving

AUSTIN, TEXAS — Adam Sullivan left investment banking to mine bitcoin at an awkward time. It was May 2023, bitcoin was trading at around $21,000, U.S. regulators were in the …

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Categories Technology

Bitcoin miner Gridless, backed by Block, builds site at Kenya volcano

by Ev Richard
Bitcoin miner Gridless, backed by Block, builds site at Kenya volcano

HELL’S GATE, Kenya — Two-and-a-half hours northwest of Nairobi by car, a small group of bitcoin miners set up shop at the site of an extinct volcano near Hell’s Gate …

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Categories Technology

Bitcoin price briefly drops below $60,000 before rebounding ahead of halving

by Adrian Jhonsan
Bitcoin price briefly drops below ,000 before rebounding ahead of halving

Omar Marques | Lightrocket | Getty Images Bitcoin rose above $64,000 at one point on Friday, rebounding from a drop below the $60,000 mark, as the cryptocurrency continues to experience …

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Categories World

What is it and what does it mean for crypto prices?

by Ev Richard
What is it and what does it mean for crypto prices?

The bitcoin “halving” is almost upon us. This technical event, written in bitcoin’s code, happens every four years. In simple terms, it is when the rewards for bitcoin miners are …

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Categories Technology

Hong Kong regulators approve spot bitcoin and ether ETFs

by Adrian Jhonsan
Hong Kong regulators approve spot bitcoin and ether ETFs

Jakub Porzycki | Nurphoto | Getty Images Hong Kong regulators on Monday approved the launch of spot bitcoin and ether exchange-traded funds (ETFs), asset managers said, following U.S. moves this …

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Categories World

Gold is safer than mining stocks: State Street’s Milling-Stanley

by Adrian Jhonsan
Gold is safer than mining stocks: State Street’s Milling-Stanley

Investors looking to weather a volatile market may want to opt for physical gold over gold stocks. That’s according to George Milling-Stanley, one of the world’s experts in gold and …

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Categories World

The upcoming Bitcoin halving is different from others before it. Here’s what investors need to know.

by Ev Richard
The upcoming Bitcoin halving is different from others before it. Here’s what investors need to know.

Bitcoin and ether ended Thursday in the red, but ether has surged more than 100% since mid-June. Yu Chun Christopher Wong | S3studio | Getty Images Just a few years …

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Categories Technology

South Korea’s kimchi premium in the spotlight after BTC’s record highs

by Adrian Jhonsan
South Korea’s kimchi premium in the spotlight after BTC’s record highs

A bowl of kimchi, a fermented vegetable side dish that is a staple in all Korean meals Kitzcorner | Getty Images You may have heard of the “Korea discount” in …

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Categories World

Bitcoin soaring to $150,000 this year

by Adrian Jhonsan
Bitcoin soaring to 0,000 this year

Hedge fund manager Mark Yusko is predicting bitcoin will more than double this year to $150,000. “Get off zero,” the Morgan Creek Capital Management CEO and chief investment officer told …

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Categories World

Caroline Ellison, SBF ex-girlfriend, helped put FTX founder in prison

by Ev Richard
Caroline Ellison, SBF ex-girlfriend, helped put FTX founder in prison

Caroline Ellison, former chief executive officer of Alameda Research LLC, center, arrives at court in New York, US, on Tuesday, Oct. 10, 2023.  Yuki Iwamura | Bloomberg | Getty Images …

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Categories Technology
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