Here’s Why The Bitcoin Price Crashed Below $60,000
The Bitcoin price briefly crashed below $60,000 for the first time since September. This price decline followed the release of...
Bitcoin
Bitcoin Whales Buy Over 1.5 Million BTC In 6 Months: A Mega Rally Incoming?
Bitcoin is under pressure at press time, looking at trends over the past two weeks. Despite the upswing in September,...
Chinese Authorities’ Seized ETH from PlusToken Scheme Begins to Move
TLDR Approximately 7,000 ETH ($16.7 million) from PlusToken Ponzi scheme moved Movement suggests possible sale of $1.3 billion in seized...
Ethiopia harnesses low-cost energy for Bitcoin mining from renewable sources
Ethiopia is quickly becoming a key player in Bitcoin mining, with local operations already consuming 600 MW of power, Ethan...
BTC risks dropping below $60k as Bitcoin Dogs trades above $0.006
Key takeaways Bitcoin trades in the $60k region and could dip further if the bearish momentum continues. $0DOG is down...
MicroStrategy’s endgame is to be the leading Bitcoin bank: Michael Saylor
MicroStrategy aims to become the world’s leading Bitcoin bank, holding 252,220 BTC. The company invests borrowed funds in Bitcoin, expecting...
Cleanspark Sets Ambitious New Hashrate Target After Reaching 30 EH/s
Cleanspark, a publicly traded bitcoin mining company, announced this week that it has reached an operational hashrate of 30 exahash...
3 Reasons Why Bitcoin (BTC) Could Bounce This Month: Details
TL;DR Despite recent volatility, several indicators suggest that BTC might be entering a bullish phase. On the other hand, one...
Mt. Gox extends repayment deadline by one year to October 2025
Key Takeaways Mt. Gox has delayed its repayment deadline to October 2025. The delay is due to technical and administrative...
BRICS More Attractive Than EU, Says Serbia’s Vulin
Serbia’s Deputy Prime Minister Aleksandar Vulin has championed BRICS as a compelling alternative to the European Union, emphasizing the economic...
Bitcoin ETFs See $18.58M Outflow, Ethereum Funds Follow Suit
TLDR: Bitcoin ETFs saw $18.58 million net outflows on October 8, 2024 Fidelity’s FBTC led outflows with $48.82 million BlackRock’s...
Compass Mining Partners With Mindshift to Expand Bitcoin Mining in South Korea
Compass Mining has announced a partnership with Mindshift, a licensed digital asset service provider in South Korea, to extend bitcoin...
Coinbase Enables Bitcoin Transactions to Taproot Addresses
Coinbase has announced a significant update for its users, enabling them to send Bitcoin to Taproot addresses on October 8th....
Crypto Remains 2024’s Best Asset Despite Q3 Dip
Even though the third quarter was tough, Bitcoin has been very strong in 2024, continuing to be the best-performing currency....
Texas town Rockdale’s Mayor credits Bitcoin for economic turnaround
Ward Roddam, the Mayor of Rockdale, Texas, has highlighted Bitcoin’s crucial role in revitalizing the town’s economy.In an Oct. 7...
$2.4 billion may re-enter crypto markets following FTX repayment, suggest analysts
Key Takeaways Estimated $2.4 billion from FTX repayments could reenter the crypto market. The plan could provide a positive boost...
Hong Kong’s Crypto Framework Near Completion — 11 Platforms Awaiting Approval
Hong Kong’s Securities and Futures Commission (SFC) has confirmed that the full regulatory framework for digital assets is set to...
Crypto Traders Bet $5 Million on Satoshi Nakamoto’s Identity
The crypto community is eagerly waiting for the release of an HBO documentary titled “Money Electric, The Bitcoin Mystery.” Some believe that the...
BitGo’s WBTC Retains Over 65% Market Dominance Despite Criticism of Custody Model: Report
Wrapped Bitcoin (WBTC), a wrapped version of Bitcoin developed by BitGo, Kyber Network, and Ren, continues to dominate the tokenized...
Blake3 Now Most Profitable PoW Algorithm for Crypto Miners, KAS Slips in Rankings
In July, the proof-of-work (PoW) crypto mining algorithm Kheavyhash, used by the kaspa (KAS) crypto asset, held the top spot...
From $37B to $24.5B: DAO Treasuries Experience Significant Downturn
In October 2024, the latest data shows that decentralized autonomous organizations (DAOs) hold $24.5 billion in treasuries, down by $12.6...
Tron emerges as stablecoin powerhouse, outpaces Bitcoin, Ethereum, and Solana with $566 million in Q3 revenue
Key Takeaways Tron's Q3 revenue of $566 million exceeds that of Bitcoin, Ethereum, and Solana. Stablecoin transactions and memecoin activities...
