Bitdeer Technologies Group has successfully completed prototype testing for its SEAL02 bitcoin mining chip, marking a pivotal advancement in the company’s technological development. The chip exhibited a power efficiency ratio of 13.5 joules per terahash (J/T) when operated in low-voltage mode, a key achievement in Bitdeer’s roadmap. Bitdeer’s SEAL02 Chip Achieves 13.5 J/T Efficiency in […] Original
PRESS RELEASE. Valletta, Malta, 26/09/2024 – With the rapid growth of cryptocurrency, PandaCasino is positioning itself as a leader in the online gaming industry. Offering a host of benefits over traditional casinos, PandaCasino combines innovative technology, fast transactions, enhanced privacy, and a commitment to fairness that puts it ahead of other crypto casinos. Players at […] Source CryptoX Portal
DePIN networks cleverly link up physical devices like sensors, IoT gadgets, computers, and smartphones with decentralized blockchain networks. By sharing data, offering resources, or helping keep things running, users earn real rewards in digital assets — a fair deal that’s been a long time coming in the digital world. This setup doesn’t just empower users to benefit from their involvement; it frees them from the grip of centralized middlemen who’ve been exploiting the system for too long by profiteering from user data. These middlemen use this data for targeted advertising,…
U.S. spot bitcoin ETFs enjoyed another day of inflows, bringing in $105.84 million, while spot ether funds also added $43.23 million. Blackrock’s IBIT Leads Bitcoin ETFs, While Grayscale’s Mini Ether Trust Gains the Most Ether Inflows Wednesday marked another active trading session for the 12 spot bitcoin ETFs and the nine spot ether ETFs. The […] Original
Gary Gensler reaffirmed the SEC’s Bitcoin position and once again chastised the crypto industry for widespread non-compliance. Bitcoin (BTC) is not a security, U.S. Securities and Exchange Commission chair Gary Gensler said on Thursday, Sept. 26, while speaking to Squawk Box hosts on CNBC. It’s not the first time Gensler and the SEC have displayed regulatory acceptance for crypto’s leading token. SEC filings have referred to the $1.2 trillion asset as a non-security commodity. Under chair Gensler, the agency has approved around 10 spot Bitcoin exchange-traded funds and embraced Bitcoin…
Bitcoin price retested the important resistance level at $65,000, driven by ongoing accumulation by whales and sharks and strong technicals. Bitcoin (BTC) has entered a technical bull market after rising over 21% from its lowest level this month. According to Santiment, this price action has been largely fueled by increased accumulation by whales and sharks. 🐳📈 Bitcoin has officially reached a $65K market value for the first time since August 1st. Continued whale and shark accumulation has undeniably been a factor, preventing BTC from seeing sustained drops. $4.08B in BTC…
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for…
A lack of interoperability poses an existential threat to central bank digital currencies, as it does to Web3 itself, says Temujin Louie, CEO of Wanchain. Source
At 11:40 a.m. EDT on Thursday, bitcoin (BTC) surpassed the $65,000 mark. After the latest climb, the current trading price per BTC stands at $65,430 per coin. Bitcoin Peaks Above $65K Bitcoin (BTC) has enjoyed a rise today, reaching $65,499 during the morning trading hours. Of the day’s total crypto trade volume of $95.27 billion, […] Original
With BTC’s rising price comes a renewed interest in the recently flagging U.S.-based spot bitcoin ETFs. BlackRock’s iShares Bitcoin Trust (IBIT), for instance, reported large inflows on Wednesday, with investors adding nearly $185 million of fresh money to the fund, according to Farside Investors. This followed an inflow of $98.9 million the previous day and comes after weeks of flows that were flat to negative alongside bitcoin’s poor price action. Original