A hidden cryptocurrency mining operation was discovered in the basement of the University of Wrocław, according to police spokesman Wojciech Jabłoński, as reported by tvpworld.com. Covert Mining Operation Sparks Investigation at the University of Wrocław The operation was reportedly uncovered after smoke emerged from ventilation ducts at the university’s law department. Jabłoński explained that the […] Source CryptoX Portal
Day: December 4, 2024
Bitcoin closing in on $100k as traders hunt for cheap altcoins poised for a 33,102% surge
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin nears $100K as traders eye altcoins like PCHAIN, poised for a 33,102% surge at just $0.004. As the Bitcoin price closes in on the highly anticipated $100,000 price milestone, the crypto market is ablaze with speculation, optimism, and strategic investment. While the Bitcoin price rally continues to dominate headlines, traders and investors are increasingly turning their attention to cheap altcoins with massive growth potential. This dual narrative of…
Hut 8 to build Bitcoin treasury with $500m raise
Bitcoin miner Hut 8 launched an at-the-market and stock repurchase program to finance its corporate strategic BTC reserve. Hut 8’s ATM initiative aims to raise $500 million for its Bitcoin (BTC) treasury and $250 million to fund stock buybacks, per a Dec. 4 press statement. The firm’s CEO, Asher Genoot, stated that Hut 8’s decision will allow the miner to weather volatile markets and bolster its balance sheet with the world’s leading digital asset. According to Genoot’s remarks, net proceeds from the ATM program have also been designated for expanding…
Tezos Blockchain Powers New Uranium Trading Platform
Rongchai Wang Dec 04, 2024 17:39 A new decentralized marketplace for uranium trading, powered by Tezos, has launched, revolutionizing access to uranium investments through blockchain technology. A groundbreaking decentralized marketplace for trading physical uranium has been launched, leveraging the capabilities of the Tezos blockchain. This innovative platform, known as Uranium.io, allows users unprecedented access to the uranium market, according to Tezos. Revolutionizing the Uranium Market Uranium.io is supported by Curzon Uranium, a leading uranium trading company, and Archax, the first registered crypto…
BNB Price Surge: Upbeat Momentum Builds After $724 Breakout
BNB has taken the spotlight with a powerful surge, breaking past the critical $724 resistance level and signaling the potential for more growth. This breakout has ignited bullish momentum, sparking speculation that the token could be gearing up for uncharted territory. With strong market sentiment and increasing trading activity, BNB appears poised to extend its rally, leaving many wondering how high it can climb in the days ahead. This article aims to explore BNB’s recent breakout above the $724 level, delving into the key drivers behind its bullish strength. it…
KULR Technology plans to allocate 90% of surplus cash to Bitcoin
KULR Technology Group announced plans to allocate up to 90% of its cash surplus, including $12 million currently on hand, to Bitcoin. This decision aligns the company with a growing trend of businesses using Bitcoin as a treasury asset. The company’s leadership explained that the move enhances financial resilience. KULR’s Bitcoin purchases will be influenced by market conditions and the company’s cash flow needs. This flexibility allows the company to adjust its approach as circumstances change. “With over $12 million cash on the balance sheet today and with any future…
Nuvei launches blockchain payment solution for LATAM
Canadian fintech company Nuvei has unveiled a new blockchain solution targeting merchants across Latin America. In an announcement on Dec. 4, Nuvei revealed it would be partnering with several companies to bring this solution to the region. The partners include Rain, a Coinbase Ventures and Circle Ventures-backed vertically integrated issuing partner, BitGo, a crypto custody and wallet provider, and global payments giant Visa. Nuvei leverages the various solutions available via these platforms to make it easy for businesses to use stablecoins as a payment option. The supported stablecoins include USDC…
Ethereum Price Is About To Confirm A Golden Cross On The Daily Time Frame, Here’s What Happened Last Time
Este artículo también está disponible en español. Crypto analysts have revealed that the Ethereum price is about to confirm a golden cross on the daily time frame. This provides a bullish outlook for Ethereum, as it enjoyed a parabolic rally the last time this happened. Ethereum Price To Confirm Golden Cross, What Next? In an X post, crypto analyst Tony Severino mentioned that the Ethereum price is heading to a golden cross this week. This golden cross occurs when a short-term moving average (MA), like the 50-day MA, crosses a…
$1.87B Bitcoin Withdrawals From Coinbase In 24H – What This Means To Price
Este artículo también está disponible en español. Bitcoin has been consolidating below the $100,000 level for twelve consecutive days, marking a pause in its recent historic rally. The aggressive surge since November 5 appears to be cooling off, with market attention gradually shifting toward altcoins. Despite the slowdown, Bitcoin remains a cornerstone of market strength, holding firmly above the critical $90,000 support level. Related Reading Key data from CryptoQuant highlights two significant outflows exceeding 8,000 BTC each from Coinbase in the past 24 hours, signaling sustained institutional interest and potential…
Pancakeswap Launches Springboard: CAKE Token Surges 30%
Pancakeswap’s Springboard provides an all-in-one platform for creating and launching tokens on the BNB Chain. Springboard for Tokens on BNB Chain Pancakeswap, a decentralized exchange (DEX) on the BNB Chain has launched Pancakeswap Springboard, a single platform that eliminates the need for coding and enables developers, creators, and projects to quickly deploy their project’s tokens. […] Source BitcoincryptoexchangeExchanges CryptoX Portal