Bitcoin News / Bitcoin.com - 8 months ago
According to the latest figures from sosovalue.xyz, the 12 U.S. spot bitcoin exchange-traded funds (ETFs) welcomed an impressive $235.19 million in inflows. Meanwhile, spot ether funds had a completely neutral day, with neither gains nor losses recor...
Bitcoin News / Bitcoin.com - 8 months ago
Microstrategy’s stock is expected to soar by 64%, fueled by its bold bitcoin investment strategy, according to Bernstein analysts. Michael Saylor’s leadership and the company’s vast BTC holdings, valued at $16 billion, have playe...
Bitcoin News / Bitcoin.com - 8 months ago
Ward Roddam, mayor of the City of Rockdale in Texas, explained how the arrival of bitcoin mining revitalized the city’s economy. In a recently published opinion piece, Roddam noted that bitcoin miners took advantage of the energy infrastructure...
Bitcoin News / Bitcoin.com - 8 months ago
South African crypto exchange Luno has partnered with Zapper to enable crypto payments at over 31,000 merchants. This partnership aims to expand crypto’s use beyond investment and into daily transactions. The partnership is part of a broader tr...
Bitcoin News / Bitcoin.com - 8 months ago
Bitcoin Betting is launching its cutting-edge DeFi app, designed for sports betting and prediction markets. The app targets semi-professional sports bettors who value privacy, high limits, great odds and peace of mind, knowing that their funds are se...
Bitcoin News / Bitcoin.com - 8 months ago
Metaplanet Inc., a company publicly listed on the Tokyo Stock Exchange, announced on Monday an additional purchase of 108.786 bitcoin for a total investment of 1 billion yen (approximately $6.7 million). The average purchase price was 9,192,359 yen p...
Bitcoin News / Bitcoin.com - 8 months ago
India’s External Affairs Minister S. Jaishankar clarified that the country is not targeting the U.S. dollar in its economic policy, despite shifts in global trade and currency usage. Speaking in Washington, he emphasized that India’s trad...
Bitcoin News / Bitcoin.com - 8 months ago
Mayor Ward Roddam of Rockdale, Texas, sees bitcoin mining as the key to his town’s resurgence after the devastating closure of its largest employer, Alcoa. Comparing it to Texas’ oil boom, Roddam highlights how this modern technology is c...
Bitcoin News / Bitcoin.com - 8 months ago
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we examine President Nayib Bukele’s official visit to Argentina, and how this might translate to...
Bitcoin News / Bitcoin.com - 8 months ago
Hong Kong’s Securities and Futures Commission (SFC) has confirmed that the full regulatory framework for digital assets is set to be completed by next year, according to CEO Liang Fengyi. She also noted that 11 more crypto platforms are in the...
Bitcoin News / Bitcoin.com - 8 months ago
Russia’s Deputy Foreign Minister has stated that discussions on a single currency for the BRICS economic bloc are premature due to differences in financial regulation among member nations. Instead, the focus remains on enhancing financial sover...
Bitcoin News / Bitcoin.com - 8 months ago
Economist and gold advocate Peter Schiff noted that if gold could rise from $20 to $2,600 an ounce, it could potentially reach $26,000 or even $100,000. He shared his views on global economic issues, including U.S. dollar weakness, China’s econ...
Bitcoin News / Bitcoin.com - 8 months ago
JPMorgan analysts are showing optimism as bitcoin exhibits strong upward trends moving into the fourth quarter. They highlighted October’s historically positive returns for the cryptocurrency and suggested this trend could persist. “We co...
Bitcoin News / Bitcoin.com - 8 months ago
The U.S. Securities and Exchange Commission (SEC) is raising alarms about the growing risks of cryptocurrency scams and other investment fraud during World Investor Week 2024. Amid the rising influence of AI, social media, and aggressive financial ma...
Bitcoin News / Bitcoin.com - 8 months ago
Renowned economist Jim Rickards explained that buying gold to back the dollar would restore confidence in the currency, avoiding a long-term decline. He stated that the currency should not be taken for granted, as new forms of money like crypto will...
Bitcoin News / Bitcoin.com - 8 months ago
The silver market is facing a multi-year deficit product of the extraction dynamics and the increase in the metal’s demand. Even with today’s high prices, silver production is unlikely to increase in the short or medium term given the hig...
Bitcoin News / Bitcoin.com - 8 months ago
While the crypto market’s overall capitalization has only ticked up by 0.28% over the past day, reaching $2.19 trillion, the artificial intelligence (AI) crypto economy has made more noticeable gains, climbing 5.4% to hover above the $29 billio...
Bitcoin News / Bitcoin.com - 8 months ago
On Wednesday, Oct. 9, 2024, HBO is set to premiere a documentary titled “Money Electric,” which reportedly claims to unveil the identity of Bitcoin’s mysterious creator, Satoshi Nakamoto. Ever since the announcement, the internet has been...
Bitcoin News / Bitcoin.com - 8 months ago
Bitcoin’s hashrate has been climbing steadily, closing in on its peak of 693 exahash per second (EH/s) recorded on Sept. 8. At present, it’s cruising just shy of that record, clocking in at 680 EH/s. Block times have been quicker than the typical ten...
Bitcoin News / Bitcoin.com - 8 months ago
On Monday, Oct. 7, bitcoin (BTC) reached an intraday peak of $64,444, giving traders plenty to buzz about. By the end of Monday’s trading sessions, BTC had gained 2% against the U.S. dollar. The global crypto trading scene saw an impressive $9...
Bitcoin News / Bitcoin.com - 8 months ago
According to Polymarket’s post on the social platform X, former President Donald Trump is nearing his largest lead since Vice President Kamala Harris joined the race. As of 12:11 p.m. EDT, Trump is in front with a 53% chance, while Harris follows clo...
Bitcoin News / Bitcoin.com - 8 months ago
With the HBO documentary set to release on Wednesday, claiming to reveal the true identity of Satoshi Nakamoto, Polymarket bettors are actively speculating on who it might be. As of this writing, Len Sassaman, who previously led the wagers, has falle...
Bitcoin News / Bitcoin.com - 8 months ago
It’s rare for a new project to grab attention like Crypto All-Stars (STARS) has. This staking platform has quickly made a name for itself, pulling in $2 million during its presale in less than two months. The big question now is: could this be...
Bitcoin News / Bitcoin.com - 8 months ago
According to recent data, bitcoin and ethereum have experienced modest improvements in the last 24 hours, but both have dropped against the U.S. dollar over the week, with losses ranging from 0.8% to 5.5%. However, several other crypto assets saw imp...
Bitcoin News / Bitcoin.com - 8 months ago
As of Oct. 7, 2024, ethereum is trading between $2,467 and $2,473, with its market capitalization standing at $297 billion. Over the past 24 hours, its price has moved within a range of $2,416 to $2,510, accompanied by a trading volume of $12.87 bill...
