Bitfufu has entered into a letter of intent to acquire a controlling interest in a 51-megawatt (MW) bitcoin mining facility based in Oklahoma. Bitfufu’s Strategic $ 0.03 per kWh Power Play As outlined in Bitfufu‘s announcement, the facility, located in an unpopulated region, is equipped with fully operational power and mining infrastructure. Electricity is …
The total trade activity on centralized exchanges reached an all-time high of $ 11.3 trillion, up 7.58%, according to the report by CCData. Record Numbers for Spot and Derivatives Trading The overall spot and derivative trading volume for centralized crypto exchanges (cexes) hit a record high of $ 11.3 trillion in Dec. 2024. …
XRP’s price is cruising around $ 3.26 to $ 3.30 over the last hour, reflecting an 18% gain over the past 24 hours. During this period, trading volume more than doubled to $ 25.67 billion, while market capitalization swelled to $ 187.28 billion. The cryptocurrency traded within an intraday range of …
Trading patterns in equity markets reveal that investors are bracing for increased volatility as the latest U.S. inflation report is set to be released. Bitcoin Moving in Tandem With Tech Stocks The correlation between bitcoin and U.S. technology stocks has surged to a two-year high, underscoring how the equity market’s response to the upcoming U.S. […]
After a turbulent 2023 followed by a recovery in 2024, the global count of crypto-automated teller machines (ATMs) is inching closer to its former high of 39,958, achieved on Dec. 1, 2022. Crypto ATMs Prove Resilient in Post-Terra and FTX Era, Near Record Numbers The trajectory of crypto ATMs saw dramatic shifts following the Terra […]