Bitcoin has crossed the $100,000 milestone, solidifying its place as the leading cryptocurrency. Its dominance stems from Metcalfe’s Law and its unmatched network effects, making it the most secure and widely recognized crypto asset. But Bitcoin is often seen as “digital gold”, a store of value rather than a platform for innovation. This narrative, while […] Original
With bitcoin prices trending higher compared to the previous month, miners are basking in the glow of increased earnings from block rewards. As 2025 draws nearer, it’s worth exploring the leading application-specific integrated circuit (ASIC) bitcoin miners available today and anticipating the new releases slated for next year. Hashing Powerhouses Bitcoin mining has undergone a […] Original
Michael Saylor urges the government of the United States to sell their gold, as it accounts for more than half of the country’s financial reserves. The U.S. government is publicly known as one of the largest nations that owns gold as its reserve, which accounts for 72% of the total. Based on TradingEconomics data on Dec. 09, the U.S. owned 8,133 tons of gold and dominated international commodity trading. However, Michael Saylor urges the government not to buy more gold but to buy more Bitcoin (BTC) instead for future assets…
Iranian crypto holdings, valued between $30 billion and $50 billion, constitute about a third of the national gold market, according to economist Mohammad Sadegh Alhosseini. Daily cryptocurrency trading in Iran is approximately $143 million (100 trillion rials). The Central Bank of Iran (CBI) and the finance ministry are working on measures to enhance transparency in […] Source CryptoX Portal
Cardano price started a downside correction from the $1.325 zone. ADA is consolidating and facing hurdles near the $1.20 and $1.240 levels. ADA price started a pullback after it failed to stay above $1.30. The price is trading below $1.20 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $1.20 on the hourly chart of the ADA/USD pair (data source from Kraken). The pair could start another increase if it clears the $1.240 resistance zone. Cardano Price Eyes Fresh Increase After struggling…
XRP price remained in a positive zone above the $2.40 zone. The price is consolidating and might aim for a fresh increase above the $2.60 level. XRP price started a downside correction from the $2.65 resistance zone. The price is now trading above $2.40 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2.45 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start another increase if it clears the $2.550 resistance. XRP Price Holds Key…
Rich Dad Poor Dad author Robert Kiyosaki calls bitcoin’s $100K milestone a game-changer, warning it could become inaccessible for many while predicting its rise to $1 million. Robert Kiyosaki Discusses Bitcoin’s $100K Milestone Renowned author and financial educator Robert Kiyosaki has highlighted bitcoin’s $100,000 milestone as a significant moment in his investment strategy with broader […] Original
Este artículo también está disponible en español. Ethereum price corrected gains from the $4,080 resistance zone. ETH is now trading below $4,000 and showing some bearish signs. Ethereum started a downside correction from the $4,093 high. The price is trading above $3,920 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support at $3,965 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above the $3,840 support zone. Ethereum Price Corrects…
Cardano holders received a warning Sunday: ADA trading will halt on all platforms as of Monday, Dec. 9. There’s just one problem: It wasn’t true. “Looks like the [Cardano Foundation] account got hacked,” Cardano CEO Charles Hoskinson said in an X post on Sunday. “Try harder hackers.” Hoskinson’s comment came after the Cardano Foundation’s X account posted a cryptic message that the non-profit organization would cease all support for its native cryptocurrency, ADA, effective immediately. In the bogus statement, the foundation “unexpected legal action” from the U.S. Securities and Exchange…
Bitcoin price recovered losses and climbed above $95,000. BTC is now consolidating and facing hurdles near the $101,250 resistance zone. Bitcoin started a fresh increase after it dropped toward the $90,000 zone. The price is trading below $100,000 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support at $99,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could regain momentum if it closes above the $101,250 resistance zone. Bitcoin Price Holds Key Support Bitcoin price started…