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CleanSpark’s $155 million acquisition of GRIID Infrastructure highlights Bitcoin miner’s struggles
CleanSpark’s $155 million acquisition of GRIID Infrastructure highlights Bitcoin miner’s struggles

Share link:In this post: CleanSpark has acquired rival miner GRIID Infrastructure for $155 million. The acquisition highlights the consolidation happening the Bitcoin mining sector as miners struggle. BTC hashrate now down to lowest since March, signalling miners capitulation.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation w

Cryptopolitan·2024/06/27 19:25
Spot Ethereum ETFs Could Launch Next Week, Minor Issues Remain: Report
Spot Ethereum ETFs Could Launch Next Week, Minor Issues Remain: Report

Approval of spot Ethereum ETFs is likely “not more than a week or two away.”

Cryptopotato·2024/06/27 19:04
Flash
15:57
No surprise, the "Buddy" account was partially settled again half an hour ago, with the account now holding only $15,000
BlockBeats News, June 5th, according to Hyperinsight monitoring, despite tonight, the "buddy" had actively reduced leverage to avoid liquidation, unfortunately, the liquidation price was too close to the market price, and its Ethereum long position was partially liquidated again half an hour ago. In addition, the "buddy" also transferred $12,500 to Hyperliquid an hour ago, with the collateral value of the long position now only $15,287.62, holding 352 ETH in the long position.
15:41
Bitwise CIO: US Stocks, Crypto Down in Tandem Possibly Due to Mega IPO
BlockBeats News, June 5th, Bitwise CIO Matt Hougan stated in a post that despite strong job data, both the US stock market and cryptocurrency experienced a sharp pullback today. This is because the market is concerned that the upcoming mega IPOs (such as SpaceX, Anthropic) could drain liquidity and serve as a short-term top signal for the tech rally.
15:30
Nasdaq Declines by 2%, Nvidia Shares Drop by 4%
On June 5, U.S. stocks extended their losses, with the Dow Jones Industrial Average down 0.27%, the S&P 500 down 1.08%, and the Nasdaq Composite down 2.02%. Among popular stocks, Nvidia shares fell by 4.01%, TSMC shares dropped by 3.98%, Broadcom shares decreased by 4.67%, Micron Technology shares fell by 5.92%, Advanced Micro Devices shares dropped by 6.45%, ASML shares declined by 3.67%, Intel shares fell by 6.28%, ARM shares decreased by 8.24%, and Tesla shares dropped by 3.61%.
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