Wednesday, September 8, 2021

It’s Wednesday in Focus with Bitlocus!

With its typically September nemesis around, Bitcoin price sits at $46,234 amidst signs Bullish sentiments are fading with a return of volatility.

ETH holds a steady with $3,494 a +3.2% increase.

Here’s what’s for today;

• New Data hints at Crypto Crash "Culprits" amid wipe-out

Amidst Crypto price crash with Bitcoin(BTC) crashing by $9,000, more data hints at whale sell-off rather than "HODLers".

Unlike the March 2020 crash due to coronavirus measures, Tuesdays event show major differences. With some other factors like strong dollar contributing.

https://www.cointelegraph.com/news/who-was-selling-not-hodlers-new-data-hints-at-bitcoin-crash-culprit-amid-leverages-wipe-out/amp ๐Ÿ”—

• With focus on renewables, Macquarie Group and Blockstream launch Bitcoin mining pilot program

According to its released data in March 2021 showing 44 gigawatts of generation under development, one of the largest institutional investors in renewable energy infrastructure is partnering with Blockstream.

Blockstreams increasing focus on Bitcoin mining has attracted funding from major tech players including Twitter's Jack Dorsey, raising $5million after a previously successful Series B financing.

https://www.cointelegraph.com/news/blockstream-and-macquarie-group-launch-bitcoin-mining-pilot-program/amp

Kindly Stay Tuned to all our social media channels for more updates

Twitter: https://twitter.com/Bitlocus

Telegram Group Chat: https://t.me/butlocus_official

Telegram Channel: http://t.me/bitlocus

Bitlocus to the moon๐Ÿš€๐Ÿš€


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