Bitcoin Price Watch: MACD and Moving Averages Align in Bullish Formation

Bitcoin Price Watch: MACD and Moving Averages Align in Bullish FormationBitcoin continues to command investor attention with its price settling at $93,574, supported by a market capitalization of $1.85 trillion. In the past 24 hours, the cryptocurrency has traded between $88,499 and $94,510 on a robust volume of $58.72 billion, underscoring heightened activity and trader interest across various timeframes. Bitcoin Bitcoin‘s technical indicators from the […]

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Gensokishi Online Project Announces Decision to List MV Token on KuCoin and Campaign

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Sneaker Giant Adidas Says the Metaverse Is ‘Exciting,’ Reveals Partnership With Coinbase

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Bitcoin Mining Company Griid Secures $525 Million Credit Facility From Blockchain.com

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On Monday, the mining firm Griid Infrastructure announced the company has secured a $525 million credit facility from the crypto firm Blockchain.com. According to the announcement, the credit facility will be a four-year term in order to increase the company’s mining capacity. Bitcoin Mining Infrastructure Firm to Increase Capacity With Help From Blockchain.com Cryptocurrency mining, and more specifically bitcoin ( BTC ) mining, has seen millions of dollars invested during the course of the year. Enterprise operations have inked massive deals with bitcoin mining rig manufacturers like Canaan, Bitmain, and Microbt for thousands of ASIC devices. A few large bitcoin mining operators have also begun constructing new facilities in order to increase capacity. On November 22, Griid Infrastructure announced the company has secured a $525 million credit facility from the company Blockchain.com . The financing will be used to increase mining capacity as well as “capitalizing on over 1,300 m...
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