Tag: Downturn

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Bitmine Faces $8.8B Paper Loss, Threatening ‘Cyclical Downturn’ for Ether

Corporate Ether treasuries are coming under increasing pressure as the crypto downturn deepens, with analysts warning the market is approaching a make-or-break phase for...

Bitcoin Mining Difficulty Drops by 11% Amid Steep Market Downturn

The Bitcoin network mining difficulty, a metric tracking the relative challenge of adding new blocks to the Bitcoin (BTC) ledger, fell by about 11.16%...

Bhutan Transfers $22M in Bitcoin Amid Market Downturn

In brief Bhutan transferred $22.4 million in Bitcoin over the past week, with transactions sent to Singapore-based market maker QCP Capital. The outflows included 184.03 BTC...