This week, Bitdeer (Nasdaq: BTDR), a publicly listed firm in bitcoin mining and rig production, unveiled its latest product: the Sealminer A2. Bitdeer claims this machine clocks in at an impressive 226 terahash per second (TH/s) with a sleek energy efficiency of 16.5 joules per terahash (J/T). “Mass production introduction is in progress, coming soon […] Original
Este artículo también está disponible en español. A recent report published by the Bitcoin Policy Institute (BPI) and highlighted by Forbes explores the growing discussion around Bitcoin as a viable reserve asset for central banks. Authored by Dr. Matthew Ferranti, a Harvard-trained economist and former member of the White House Council of Economic Advisers, presents several compelling arguments for why central banks might consider adding Bitcoin to their portfolios. Bitcoin As A Modern Reserve Asset Dr. Ferranti begins by noting the trend of central banks increasing their gold reserves, suggesting…
Bitcoin’s price danced through a roller-coaster ride on Friday, hitting an intraday high of $68,700 before plunging to a 24 hour low of $65,853. Speculation Unsettles Bitcoin Market – Are We in for More? The dip came right after the Wall Street Journal published claims that Tether was allegedly facing a probe by U.S. authorities. […] Original
At the third annual Plan ₿ Forum in Lugano, Switzerland, a statue dedicated to Bitcoin creator Satoshi Nakamoto was unveiled as a symbolic gesture to honor decentralization and financial sovereignty. Plan ₿ Forum Unveils Nakamoto Tribute Statue The event, held by the Plan ₿ Initiative in collaboration with the city of Lugano and Tether, attracted […] Source CryptoX Portal
Este artículo también está disponible en español. Solana (SOL) has shown remarkable strength in recent weeks, surging by 32% over the past fifteen days. This impressive price action has positioned SOL as one of the top-performing assets, outpacing Bitcoin and many other altcoins. Analysts and investors are increasingly optimistic about Solana’s potential, with many forecasting continued upward momentum in the weeks ahead. Notably, prominent investor Carl Runefelt recently shared a technical analysis on SOL, highlighting a breakout from a bullish pattern that could signal massive gains for the cryptocurrency. Related…
On Thursday, spot bitcoin (BTC) and ether (ETH) exchange-traded funds (ETFs) enjoyed positive inflows during the day’s trading. Crypto ETF Inflows Jump The spot crypto ETFs managed to land in positive territory on Oct. 24. Across 12 bitcoin ETFs, sosovalue.xyz data shows inflows totaled $188.11 million, with Blackrock’s IBIT taking the lead, capturing $165.54 million. […] Source BitcoincryptoexchangeExchanges CryptoX Portal
Este artículo también está disponible en español. Crypto analyst Trader Tardigrade has drawn the community’s attention to a bullish pattern on the Dogecoin price chart. Based on this development, the analyst provided insights into how high the Dogecoin price could rise in the short term. Dogecoin Price Flashes Bullish Pennant Trader Tardigrade revealed in an X post that the Dogecoin price has reached the tip of a bullish pennant on the daily Heikin Ashi chart. With this occurrence, the analyst claimed a breakout was just around the corner. He added…
In a recent report by the Wall Street Journal (WSJ), it was alleged that Tether is currently under federal investigation for potential violations related to sanctions and anti-money laundering (AML) regulations in the US. The inquiry, reportedly led by prosecutors from the Manhattan US Attorney’s Office, is said to focus on whether Tether’s stablecoin, USDT, has been used by third parties to finance illegal activities such as drug trafficking, terrorism, and hacking, or to launder the proceeds from these activities. Tether CEO Denies Investigation Claims In response to these serious…
Tether CEO Paolo Ardoino denied reports of lawmakers investigating the major cryptocurrency company over potential violations of anti-money-laundering and sanctions laws. The reported investigation, led by Manhattan prosecutors, focuses on whether Tether’s cryptocurrency (USDT) has been used to fund illegal activities, such as drug trafficking or terrorism, or to launder money from these activities, according to The Wall Street Journal. At the same time, the U.S. Treasury Department is considering imposing sanctions on Tether, per WSJ. Sanctions could prevent Americans from conducting business with the company, primarily because its cryptocurrency…
Este artículo también está disponible en español. Bitcoin currently ranges between $65,000 and $69,500 following two weeks of bullish price action, sparking renewed optimism among analysts and investors. The prevailing sentiment is that BTC is on the verge of reaching new all-time highs in the coming weeks, with confidence building that March’s cycle top predictions may have been premature. Related Reading Key metrics from CryptoQuant reveal that Bitcoin is still far from typical cycle-top conditions, instead signaling a bullish outlook as we move into November. As the U.S. election approaches…