Overheating crypto mining rigs have caused another major fire in South Korea, emergency services in North Jeolla Province have claimed. Per the news agency Yonhap, the incident took place in the city of Muju. Fire service Officers say the fire…
The two tokens' relative performance is more a sign of bitcoin strength than ether's weakness, one observer said. Updated Jan 30, 2025, 11:52 a.m. UTCPublished Jan 30, 2025, 9:54 a.m. UTC What to know: Ether's underperformance relative to bitcoin is it's worst…
Bitcoin (BTC) mining is likely to remain profitable this year with the economics of production holding steady, Canaccord Genuity said in a research report Tuesday. The broker said mining fundamentals are strong, “with cost-to-mine sitting somewhere in the ~$26,000-$28,000 range…
The energy woes of the Russian Bitcoin mining hotspot of Irkutsk are intensifying, with the region’s Governor calling for a “year-round ban” on crypto mining. Irkutsk Governor Igor Kobzev was speaking at a meeting of the Legislative Assembly of the…
The new Treasury Department chief didn't bring up crypto policy at his nomination hearing, but he'll have enormous reach into topics vital to the industry. Jan 27, 2025, 11:08 p.m. UTC What to know: President Donald Trump's pick for secretary of…
Bitcoin is poised for a sharp correction before surging to new highs in 2025, warns Arthur Hayes, citing tightening global liquidity and excessive market optimism. Arthur Hayes Predicts Bitcoin Crash Before 2025 Mega Rally Arthur Hayes, former CEO of crypto…