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News Aggregator

News Aggregator

6 months ago
Bitcoin In Flux: Bearish Trends Can’t Deter $100,000 Price Predictions, CNBC Newsbtc 04 Oct 2024

Bitcoin In Flux: Bearish Trends Can’t Deter $100,000 Price Predictions, CNBC

Bitcoin faces mixed trends as it fluctuates between $59,800 and $66,500. Analysts remain optimistic about a potential rise to $100,000. Increased demand for Bitcoin ETFs, historical patterns, and global factors play roles in potential price movements. However, challenges such as government actions and geopolitical tensions persist.

1 year ago
Riot Platforms Grapples with Rising Costs and Litigation Ultramining 12 May 2023

Riot Platforms Grapples with Rising Costs and Litigation

Riot Platforms, a key Bitcoin miner, reports disappointing Q1 FY23 results with increased operational expenses and litigation woes. Its data-center costs soared by 46%, affected by severe weather and insurance costs. RIOT is advised to focus on self-mining, with expectations for better Q2 revenue.