The Rise and Fall of a Bitcoin Mining Sensation

The Rise and Fall of a Bitcoin Mining Sensation

It was 8:45 in the morning of June 13 when Bill Stewart, the CEO of Maine-based bitcoin mining business Dynamics Mining, received a call from one of his employees. “He’s like, ‘Every machine inside of our facility in Brunswick [​​in Cumberland County, Maine] has been taken,’” Stewart says. “That’s crazy. I couldn’t believe it.” He … Read more

Bitcoin Fog Case Could Put Cryptocurrency Tracing on Trial

Bitcoin Fog Case Could Put Cryptocurrency Tracing on Trial

Tools to trace cryptocurrencies have, over just the last several years, allowed law enforcement agencies to convict dark web black market administrators, recover millions in ransomware payments, seize billions in stolen bitcoins, and even disrupt networks of child abuse. Now one criminal defendant claims those same tools have also unjustly put him in jail for … Read more

Crypto ATMs Market Will Soon Reach $400 Million. Can It Help?

Crypto ATMs Market Will Soon Reach 0 Million.  Can It Help?

Crypto ATM markets to reach $400 million in less than five years The cryptocurrency ATM market is projected to reach $400 million in less than five years. The market for ATMs that accept cryptocurrencies is now estimated to be worth $46.45 million. The compound annual growth rate will increase by 59 per cent by 2027 … Read more

Here’s why Bitcoin is closer to the greatest bull market of all time

Here’s why Bitcoin is closer to the greatest bull market of all time

Mike McGlone of Bloomberg Intelligence is bullish on Bitcoin despite short-term charts. Analysts believe Bitcoin price has successfully retested its 200-day Moving Average as support, ready for a massive rally. A key indicator of previous Bitcoin price rallies entered the “green zone,” implying the start of a prolonged bullish phase for the asset. Bloomberg Intelligence … Read more

Opinion: Fidelity’s bitcoin move getting all the wrong publicity

Opinion: Fidelity’s bitcoin move getting all the wrong publicity

What would Ned Johnson do? The late, great Fidelity Investments honcho built his family’s Boston-based money management firm into one of the biggest in the world over the course of a long career. Johnson died on March 23 of this year, age 91. On April 26, just over one month later, his daughter and heir, … Read more

Crypto watch: Winter in the market is not over yet, argue experts

Crypto watch: Winter in the market is not over yet, argue experts

Cryptocurrency market capitalisation, in the week ending July 29, stayed above $1 trillion even as the US Federal Reserve (Fed) hiked its key interest rate by 75 basis points on July 27. Bitcoin has rallied over 10 per cent since Wednesday and Ethereum has jumped over 15 per cent. However, experts say … Read more

zomato: Changing market matrix: Aswath Damodaran re-evaluates Zomato at Rs 35. Read his rationale

zomato: Changing market matrix: Aswath Damodaran re-evaluates Zomato at Rs 35. Read his rationale

Valuation Guru Aswath Damodaran has a new fair value for Zomato, which suggests more pain ahead for the new-age stock. Just over a year after Damodaran pegged his value at Rs 41 on July 21, 2021, he now sees the stock at Rs 35.32. Allowing for the wide ranges of estimates that one can have … Read more

Decoding the crypto asset market

Decoding the crypto asset market

Bullish and Bearish engulfing patterns are candlestick patterns that depict a reversal of the market’s current trend We have launched Cryptogram, an India-focused free weekly newsletter on blockchain tech, global crypto markets, and Web 3.0 technologies which promise to change our future. If you would like to subscribe to this newsletter, click here. You can … Read more

Crypto: Billionaire Mark Cuban Warns of a Powerful Player

Crypto: Billionaire Mark Cuban Warns of a Powerful Player

The crypto industry is currently going through a crisis that has already crushed some major players like hedge fund Three Arrows Capital and lenders Celsius Network and Voyager Digital. After losing over $2 trillion in less than nine months, the cryptocurrency market has more or less stabilized over the past few days. But it was … Read more

Crypto: A Bernie Madoff-Style Scheme May Have Crushed Prominent Lenders

Crypto: A Bernie Madoff-Style Scheme May Have Crushed Prominent Lenders

An unprecedented crisis of confidence has affected the crypto industry for several months. To measure it, just consider the prices of cryptocurrencies, which are often attached to a platform or a project. The cryptocurrency market has lost $2 trillion in value since hitting an all-time high of $3 trillion in early November, according to data … Read more