Tag: Pro

Ethereum price falls to 2-year low, but pro traders still have hope

coiner

Ether (ETH) price dropped to $1,410 on April 7, marking its lowest level since March 2023. This sharp decline triggered liquidations of leveraged ETH futures worth over $370 million in 2 days, according to CoinGlass data. However, the altcoin managed to recover above the $1,500 mark as the S&P 500 index reclaimed its psychological 5,000 support level. Ether/USD (blue) vs. total crypto market capitalization (magenta). Source: TradingView / Cointelegraph Over the past 30 days, Ether has underperformed the broader cryptocurrency market by 14%. Despite this, professional traders are not yet…

Read More

Bitmain Launches Antminer S21 Pro, Its Most Advanced Bitcoin Miner

coiner

Today, one of the largest Bitcoin mining rig manufacturers, Bitmain, announced the launch of the Antminer S21 Pro at the Global Digital Mining Summit (WDMS) 2024, an event the company hosts. 💥ANTMINER S21 Pro Newly Launched❗️234T ❗️15.0J/T📈Create a New Level of Hashrate pic.twitter.com/wZyUv7pbOQ — BITMAIN (@BITMAINtech) March 29, 2024 The new device, an improvement upon its most efficient mining rig, the S21, is notably more efficient—and powerful—than the previous iteration of the device. Irene Gao, VP of Mining at Bitmain, highlighted in her announcement how the Antminer S21 Pro has a…

Read More