Bit Digital is strategically navigating the post-halving era, opting for HPC opportunities instead of expanding hash rate at any cost. With a focus on generating predictable revenue, could BTBT emerge as the next dark horse among Bitcoin mining stocks? Analyzing Bit Digital’s (BTBT) Approach to Bitcoin Mining and HPC Diversification The following guest post comes […] Original
Day: October 27, 2024
MicroStrategy Stock Hits All-Time High As Bitcoin Breaks $67,000
Este artículo también está disponible en español. Michael Saylor’s MicroStrategy is back in the news, with its stock trading at a 25-year high. TradingView’s recent data shows that MicroStrategy (MSTR) hit $235.89 in Thursday’s session. The stock’s price increased by more than 7% on October 25th. MicroStrategy’s price action last Thursday continued its 6-week rally and came ahead of its scheduled Q3 earnings report. Related Reading This week’s stock performance reflected the company’s consistent growth over the past few years. MicroStrategy has outperformed most of its peers in the S&P…
What is Layerzero? A Beginner’s Guide
Learn about Layerzero, a genuine solution for blockchain interoperability, promising to tackle key issues of security and liquidity fragmentation. This piece is a guest post by Blocmates. Blocmates is an invaluable crypto news and educational resource that offers clarity in the often complicated and jargon-filled crypto space. In this article, Blocmate’s Gaz takes a critical […] Source CryptoX Portal
Cardano’s Next Move? Charles Hoskinson Teases a Nintendo Emulator on Hydra
This week, Cardano founder Charles Hoskinson shared that after a team of developers successfully implemented the popular video game “Doom” on Cardano’s Hydra layer two (L2) solution, programmers are now aiming to get a Nintendo emulator working on Hydra. Hydra Heads Take on Classic Games Charles Hoskinson, Cardano’s founder, recently discussed Bitcoin and BitcoinOS (BOS), […] Source CryptoX Portal
Whales Are Diving Into Ethereum – Could A 60% Price Spike Follow?
Este artículo también está disponible en español. Analysts predicted that Ethereum price could exponentially increase as whales become more interested in the crypto asset, with whale activity hitting a six-week high. Despite the projected growth, an Ethereum insider suggested that the cryptocurrency should address several key issues to ensure that it can continue to flourish. Related Reading Ethereum: Projected Price Upsurge Analyst Bаsictrаdingtv stated that prices of Ethereum could skyrocket as there is a growing interest among investors to buy the digital asset, saying that a 60% price hike is…
Shiba Inu and Pepe fade as traders back newcomer under $0.00025 for 2025 bull run
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Interest in Shiba Inu and Pepe is waning as traders eye new tokens for the 2025 bull run, including the all-sport memecoin XYZVerse. The once-popular meme coins Shiba Inu and Pepe are showing signs of waning interest among traders. As attention shifts in the crypto market, focus turns to new affordable tokens poised for significant growth in the anticipated 2025 bull run. Enthusiasts are eager to discover which emerging…
Latam Insights: Brazil Pushes for BRICS Unified Financial System, Milei Axes Tax Enforcement Agency
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, Brazil declares the necessity of creating a BRICS-centric financial system, President Javier Milei axes the tax collection agency in Argentina, and crypto volumes spike in Brazil. Brazil Calls for Unified BRICS Financial System, […] Source CryptoX Portal
Bitcoin ETFs Hit $3-B Inflows, Retail Investors Lead The Charge
Este artículo también está disponible en español. Bitcoin ETFs ended last week on another positive note with $997.70 million in net inflows and demand reaching its highest level in six months. Undoubtedly, these ETFs have marked the turning point for Bitcoin and other cryptocurrencies since the beginning of the year, as it opened up the cryptocurrency to inflows from every side. Related Reading Interestingly, data has shown that retail investors are responsible for most of the demand for Spot Bitcoin ETFs, accounting for 80% of the total assets under management.…
Glassnode Report Reveals Insights on Bitcoin’s Latest Rally – Why Investors Are Paying Attention
Bitcoin’s recent price rally to $69,000 marked a notable shift, according to research from Glassnode and onchain analysts Ukuria OC and Cryptovizart. Bitcoin’s Rally to $69K: Glassnode’s Analysis on What’s Next for the Market The recent surge in bitcoin’s (BTC) spot price to $69,000 has brought relief to investors after months of stagnant trading, per […] Original
WUFFI and KLAUS pump nearly 50% as global crypto market cap drops over 1.4%
Amidst the bearish crypto market conditions, Wuffi emerges as the top gainer with a 50% surge in the last 24 hours. The overall crypto market cap nosedived by almost 1.4% in the last 24 hours. As per CoinGecko, the global crypto market cap stands at $2.38 billion at press time. Bitcoin (BTC) and Ethereum (ETH) are showing no signs of movement in this timeframe. Bitcoin is down by over 2.1% in the last seven days, and Ethereum is down by almost 7% during this period. However, amidst this bearish outlook,…