Tag: Growth

Bitcoin firm Blockstream secures $210m to drive layer-2 growth

Blockstream will use the $210 million debt funding to boost adoption of its layer-2 solutions The company will also utilise the funds to add to its mining operations and treasury. Blockstream, a Bitcoin infrastructure company founded by industry OG Adam Back, has announced it raised $210 million to fund various aspects of the company’s business. […]

Bitcoin to reach $70,000, says former BitMEX chief; growth forecasted for Bonk competitor

Former BitMEX Chief Arthur Hayes recently made waves in the crypto world with his bold prediction that Bitcoin is set to reach $70,000 in the near future. This optimistic forecast comes amidst a flurry of excitement surrounding the world’s most popular cryptocurrency.  With Bitcoin already gaining significant momentum in recent years, Hayes’ projection suggests that […]

These altcoins are poised for growth amid recent Bitcoin decline causing $83M liquidations

Bitcoin’s recent dip below $40,000 triggered $83 million in liquidations. Cardano (ADA) stands resilient, leading in development and boasting a diverse ecosystem. Optimism (OP) gains momentum with the rising adoption of L2 solutions. The cryptocurrency market is navigating turbulent waters as Bitcoin’s recent price decline triggered nearly $83 million in liquidations. The impact of this […]

The explosive growth of cryptocurrencies over the past decade

Cryptocurrencies surged from 66 in 2013 to 8,886 in 2023. 2017 marked explosive growth, leading to 2,817 currencies. The market peaked at 7,557 in 2021, later consolidating to 8,886 in 2023. In the fast-paced world of finance and technology, the last decade has witnessed an unprecedented surge in the popularity and diversity of cryptocurrencies. Beginning […]

can it match Bitcoin and Ethereum’s growth?

In the rapidly evolving realm of cryptocurrencies, a new player is making waves: Everlodge (ELDG). This burgeoning contender is in its presale phase, yet showing potential to challenge the dominance of established giants like Bitcoin (BTC) and Ethereum (ETH). This article delves into Everlodge’s remarkable ascent, exploring whether it has what it takes to rival […]

CleanSpark reports a 47% annualised growth in quarterly revenue

CleanSpark narrowed its loss in its fiscal third quarter. The bitcoin mining company had a blockbuster July. CleanSpark shares are up over 150% YTD at writing. Bitcoin miner CleanSpark Inc is trading slightly up in extended hours after reporting a narrower-than-expected loss for its fiscal third quarter. CleanSpark Q3 financial highlights Lost $14.2 million versus […]