
Core Scientific Unveils $1.2B AI & Mining Hub After Reporting Q4 Losses
TL;DR Q4 Setback, Bold Expansion: Despite a $265 million Q4 loss driven by non-cash adjustments, Core Scientific announces a $1.2 billion expansion of its data center
Bitcoin (BTC) is a digital currency created in 2009 by an unknown person using the alias Satoshi Nakamoto. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer Bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a publicly distributed ledger called a blockchain
TL;DR Q4 Setback, Bold Expansion: Despite a $265 million Q4 loss driven by non-cash adjustments, Core Scientific announces a $1.2 billion expansion of its data center
TL;DR Extreme Market Panic: The Crypto Fear & Greed Index has dropped to a two-year low of 10, marking “Extreme Fear” and sparking widespread panic as
TL;DR Short-term Bitcoin holders sent 79,300 BTC, worth approximately $7 billion, to exchanges, selling at a loss during the recent price crash. This massive sell-off reflects
TL;DR Ark Invest bought 41,032 Coinbase shares for $8.7 million and sold $8.6 million of its Bitcoin ETF to balance its portfolio. Bitcoin dropped 10% in
TL;DR Largest Single-Day Outflow: U.S. spot Bitcoin ETFs witnessed the largest single-day net outflow in history, with $1.01 billion withdrawn on February 25, affecting 10 out
TL;DR Arthur Hayes, co-founder of BitMEX, predicts Bitcoin’s price could drop to $70,000 due to hedge funds unwinding their positions in Bitcoin exchange-traded funds (ETFs). Hedge
TL;DR Bitcoin (BTC) drops below $88K: Crypto Market-wide panic and over $1 billion in liquidations. Altcoins follow suit: Major drops for XRP (-14%), Solana (-14%), ETH,
TL;DR Over the past week, Bitcoin’s market has remained stable, fluctuating between $91,000 and $102,000, without experiencing sharp movements.
TL;DR The outflow from digital asset investment products reached $508 million last week, totaling $924 million over the last two weeks. Bitcoin was the hardest hit
TL;DR This week’s key economic events include the Consumer Confidence Report, housing market data, Nvidia’s earnings, US GDP report, PCE inflation report, and multiple Fed speeches.
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