Tag Archives: crypto mining

NVIDIA Faces Class Action After Court OKs $1 Billion Crypto-Mining Revenue Claims – Stock Dips 7%

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NVIDIA shares, NVDA, fell 7% on Thursday after a US federal judge allowed an investor lawsuit to proceed as a class action, reviving allegations that the company and CEO Jensen Huang concealed more than $1 billion in crypto-mining–related graphics card sales.  NVIDIA Accused Of Hiding $1 Billion In Crypto Sales The suit, originally filed in… Continue reading NVIDIA Faces Class Action After Court OKs $1 Billion Crypto-Mining Revenue Claims – Stock Dips 7%→

Tron And Bitcoin: Will A Block Reward Cut Boost TRX Price?

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TRON founder Justin Sun has revealed that the network might reduce the TRX block rewards due to TRX’s rising price, sparking a discussion in the cryptocurrency community. Sun noted that this move is similar to Bitcoin’s halving mechanism, capturing the attention of investors who are wondering about the plan’s possible impact on traders. Tron: Reducing… Continue reading Tron And Bitcoin: Will A Block Reward Cut Boost TRX Price?→

Bitcoin Nears $60,000 As Putin Signs Law Legalizing Crypto Mining In Russia

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In a significant boost for the largest cryptocurrency on the market, Bitcoin (BTC) has surged nearly 9% in the last 24 hours, inching closer to the coveted $60,000 milestone. This price rally comes after BTC hit a 7-month low of $49,000 earlier this week amid broader market uncertainty. Fueling this crypto resurgence is a significant… Continue reading Bitcoin Nears $60,000 As Putin Signs Law Legalizing Crypto Mining In Russia→

Were Bitcoin Miners Behind The BTC Price Crash Below $60,000?

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The price of Bitcoin fell drastically towards the $60,000 mark in the days leading up to the just concluded halving. On-chain data has shed light on what could very well be the reason for this price dip in the middle of all the excitement around the halving. Particularly, data has revealed that some miners have… Continue reading Were Bitcoin Miners Behind The BTC Price Crash Below $60,000?→