Bitcoin Miners Raise Billions to Tackle Rising Energy Costs: Report

Bitcoin miners in the US raised $3.7B to address rising energy costs and operational challenges. With record-high hash rates, growing AI energy competition, and global expansion efforts, companies are diversifying to remain competitive.
The post Bitcoin Miners Raise Billions to Tackle Rising Energy Costs: Report appeared first on Cryptonews. …

Ethereum Price Crashes 8% – Collapse Back Below $3,000 Imminent?

The Ethereum (ETH) price took a beating on Tuesday, dropping 8% on the day to below $3,400 as risk appetite took a broad beating following strong US economic data that triggered fears of a US inflation rebound that could result in slower/less interest rate cuts from the US Federal Reserve.
The post Ethereum Price Crashes 8% – Collapse Back Below $3,000 Imminent? appeared first on Cryptonews. …