The post DCG’s Bitcoin Mining Giant Restructures appeared on BitcoinEthereumNews.com. Foundry, a major mining pool and a subsidiary of DCG, laid off 60% of its staff. These layoffs targeted the company’s non-core functions, including its entire hardware team and a possible future sale of mining site operations. However, DCG founder Barry Silbert is also launching […]

The post DCG-Backed Bitcoin Miner Foundry Cuts 60% of Workforce: Report appeared on BitcoinEthereumNews.com. Bitcoin mining firm Foundry has implemented a job cut that impacted as many as 60% of its workforce. According to a Blockspace report citing anonymous sources, the firm’s layoff exercise spanned staff in the United States and international offices. With a […]

The post Foundry’s Recent Layoffs Prompt Questions About Bitcoin Mining Pool’s Future Amid Industry Challenges appeared on BitcoinEthereumNews.com. Foundry, the world’s largest Bitcoin mining pool, has made significant workforce reductions, laying off 60% of its staff as it pivots its strategy. The layoffs are seen as a move to streamline operations, aligning with Digital Currency […]

The post XRP Price Swings Wildly: Can It Resume Its Rally? appeared on BitcoinEthereumNews.com. XRP price saw a couple of swing moves from the $2.85 resistance. The price is consolidating near $2.50 and might aim for more gains above the $2.65 level. XRP price is struggling to gain pace for a move above the $2.80 […]

The post Tron (TRX) Shatters Previous Records as Price Hit Historic Highs appeared on BitcoinEthereumNews.com. Tron reaches new all-time high of $0.23, surpassing 2018 peak Market cap breaks $20 billion milestone Technical indicators suggest potential for continued growth Tron (TRX) has achieved a remarkable milestone in its market history, breaking through its previous all-time high […]

The post Ripple Issues Warning as XRP Scams Surge: How to Stay Safe appeared on BitcoinEthereumNews.com. XRP’s value surged by 420% in a month, becoming the third-largest cryptocurrency and attracting widespread investor interest and potential scams. Ripple warns users about increasing fraudulent activities, urging vigilance and emphasizing they will never solicit XRP directly from users. […]

The post Whale Accumulates 337 Billion PEPE in Strategic Binance Withdrawals Worth $6.92 Million appeared on BitcoinEthereumNews.com. According to LookIntoChain, a notable trend has emerged in the world of cryptocurrency as a significant whale is strategically acquiring PEPE tokens. Over the past three weeks, this entity has withdrawn an impressive total of 337.09 billion PEPE […]

The post Could FX Guys Rival Sui and Aptos in the Next Bull Market appeared on BitcoinEthereumNews.com. Bitcoin (BTC) is climbing rapidly with predictions of hitting $150k early next year, and altcoins are following its progress. Two leading coins – Sui (SUI) and Aptos (APT) – have been garnering attention with impressive developments and partnerships, […]

The post Gold price remains confined in a familiar range; looks to Fed’s Powell for fresh impetus appeared on BitcoinEthereumNews.com. Gold price continues its struggle to gain any meaningful traction on Wednesday. Bets for a less dovish Fed and an uptick in the US bond yields cap the precious metal. Geopolitical risks and trade war […]

The post Dogecoin Price Prediction: Here’s How Much 1 DOGE Will Be Worth By December 31, 2024 appeared on BitcoinEthereumNews.com. As 2024 draws to a close, investors are wrapping up their portfolios amid predictions about the Dogecoin price and other top emerging coins. Analysts have projected that the Dogecoin price is expected to approach $1 […]