Tag: Losses

Bitcoin Miners Power up Kentucky as Paducah’s Utility Reaps Financial Gains

Bitcoin
Bitcoin mining operations in Paducah, Kentucky, are drawing substantial electrical resources, per recent municipal disclosures. Local utility provider Paducah Power identifies two bitcoin mining firms among its 10 largest industrial electricity consumers. Bitcoin Operations Drive Paducah’s...

Long Crypto Traders See $190M in Losses as Bitcoin Retreats After Apparent Mt.Gox Repayments

Crypto
The drop came as the Mt. Gox crypto exchange appeared to be starting to repay customers who lost 850,000 bitcoin (BTC), now valued at...

Bitcoin Price Stuck Below Resistance, Why Bears Could Aim More Losses

Analysis

Bitcoin Price Takes Hit, Why BTC Remains at Risk of More Losses

Analysis
Bitcoin price started a fresh decline from the $24,250 resistance zone against the US Dollar. BTC declined below $23,000 and remains at a risk...

Bitcoin hits $37.5K, stocks recoup losses ahead of Wednesday’s FOMC statement

Crypto
The dominant sentiment of doom and gloom in the crypto market shifted toward hope on Jan. 25 after the price of Bitcoin (BTC) climbed...

Ethereum Recovers Losses, Why ETH Could Aim A Test of $5K

Analysis
Ethereum recovered losses and climbed above $4,700 against the US Dollar. ETH must clear the $4,850 resistance for a move towards the $5,000 level. Ethereum...

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