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Latest Bitcoin News and Insights | Yellow.com
Trust Yellow.com for the latest and most reliable Bitcoin news and insights. Stay informed with accurate updates, expert analyses, and comprehensive articles on Bitcoin trends and market movements.
News
Stop Blaming Bitcoin Mining: Big Tech's Carbon Footprint Is Clearly Larger
Jul 04, 2024
Bitcoin mining is not that bad for our mother nature, after all. According to a recent study, Big Tech's carbon emissions continue to grow exponentially. This is largely due to the rise of generative artificial intelligence. Amazon alone now produces more carbon dioxide per year than all global Bitc
Bitcoin Miners Diversify as Profitability Plummets; Hashprice Hits Record Low
Jul 04, 2024
Bitcoin miners are shifting to other cryptocurrencies amid falling profits, reports CryptoQuant CEO Ki Young Ju. Bitcoin's hashprice has hit an all-time low. This metric indicates expected daily earnings per unit of mining power, which is a fundamental indicator of the overall efficiency of the min
German Government Sells More Bitcoin, Causing Short-Term Volatility on Crypto Market
Jul 04, 2024
The German government has intensified its Bitcoin sell-off. It transferred 282.74 BTC to major exchanges on Tuesday. The value was approximately $17.64 million. The transfers occurred at 4:20 p.m. Central Indonesian Time. They were made to Bitstamp, Coinbase, and Kraken. This action follows a broa
Bitcoin Could Reach $500,000 Within 4 Years, Says Appolo's CEO
Jul 02, 2024
Thomas Fahrer, CEO of crypto review platform Apollo, suggests multiple factors could drive Bitcoin price to $500,000 in the next few years. This would require a full-scale bull run and would represent an eightfold increase from current levels. Fahrer believes several "low probability" events could
Bitcoin Poised for Potential July Rebound, Analysts Say
Jul 02, 2024
Bitcoin may see a strong rebound in July following a weak performance in June. The cryptocurrency fell almost 7% last month. This trend aligns with historical data from Coinglass. Bitcoin has averaged a 0.35% decline in June since 2013. However, July has typically been a strong month. BTC has poste
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