Categories: Bitcoin Latest News

UAE sits on $344 million unrealized profit from its bitcoin mining operations

Royal family-linked mining rigs are producing about 4 BTC a day, turning state-backed infrastructure into a steady sovereign bitcoin machineRead MoreCoinDesk: Bitcoin, Ethereum, Crypto News and Price Data[#item_full_content]

Recent Posts

The Crowd Is Bearish On Bitcoin, But History Says That’s Bullish

Santiment data shows that bearish sentiment language is flooding social media at peak levels. However,…

1 hour ago

Bitcoin Price Holds Above STH Realized Price As Selling Pressure Thins Out – Details

Bitcoin continues to move within the $66,000 range following the corrective wave that dominated the…

1 hour ago

Traders Pile Into Bets Against Bitcoin Price — Is A Short Squeeze Looming?

After declining to around $65,500 on Friday, Bitcoin appears to be recovering slowly this weekend.…

3 hours ago

Bitcoin Breakdown Confirmed: Bearish Continuation Looms Despite Short-Term Bounce Setup

Bitcoin’s recent price action confirms a clear structural breakdown, ending weeks of compression and shifting…

12 hours ago

Bitcoin Last Line Of Defense Revealed: Can BTC Price Still Go To $40,000?

Bitcoin is currently trading around $66,400, which is almost 48% below its all-time high of…

13 hours ago

Bitcoin Short-Term Holders Capitulate As 22K BTC Flow To Exchanges

The price of Bitcoin succumbed to bearish pressure and fell to around $65,500 on Friday,…

14 hours ago