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CleanSpark’s $155 million acquisition of GRIID Infrastructure highlights Bitcoin miner’s struggles
CleanSpark’s $155 million acquisition of GRIID Infrastructure highlights Bitcoin miner’s struggles

Share link:In this post: CleanSpark has acquired rival miner GRIID Infrastructure for $155 million. The acquisition highlights the consolidation happening the Bitcoin mining sector as miners struggle. BTC hashrate now down to lowest since March, signalling miners capitulation.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation w

Cryptopolitan·2024/06/27 19:25
Spot Ethereum ETFs Could Launch Next Week, Minor Issues Remain: Report
Spot Ethereum ETFs Could Launch Next Week, Minor Issues Remain: Report

Approval of spot Ethereum ETFs is likely “not more than a week or two away.”

Cryptopotato·2024/06/27 19:04
Flash
  • 22:23
    FWOG's Market Capitalisation Surpasses $300 Million, a Record High
    On 1 November, according to data, Meme Coin FWOG rose above $0.3, and is now quoted at $0.3141, up 14.5 percent in 24 hours. The market capitalisation of Meme Coin FWOG exceeded $300 million, hitting a new record high, and is now at $306 million, with the 24-hour turnover on the entire network reaching $6.53 million.
  • 22:22
    BlackRock IBIT's pre-market volume today was $61 million, 55 per cent active buy orders
    On 1 November, BlackRock IBIT was monitored for $61 million in pre-opening volume today, with 55% active buy orders and 30% active sell orders.
  • 22:21
    Probability of 25BP Fed rate cut in November rises to 99.7% after NFP release
    November 1: The probability that the Fed will cut 25 bps by November is 99.7%, the probability of keeping current rates unchanged is 0%, and the probability of cutting rates by 50 bps is 0.3%. The probability of keeping current rates unchanged by December is 0%, the probability of a cumulative 25 basis point cut is 19.5%, and the probability of a cumulative 50 basis point cut is 80.3%.   Before the release of non-farm payrolls, the probability that the Fed will cut 25 basis points by November is 93.1%, and the probability of keeping the current rate unchanged is 6.9%. The probability of keeping the current rate unchanged by December is 5.2 per cent, and the probability of a cumulative 25 basis point cut is 94.8 per cent.
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