Month: January 2025

Riot stock gains 3% after mining update: holds 17,722 BTC

Riot Platforms, Inc. shared its December 2024 production update. The company mined 516 Bitcoin in December, a 4% increase from November. Riot Platforms achieved a 4% monthly production increase and completed the first phase of its Corsicana Facility while holding over 17,700 Bitcoin by year-end. The full hash rate activation remains ongoing, with a careful commissioning process to ensure power grid stability, according to a Riot release. In 2024, Riot expanded its deployed hash rate by 155%, surpassing the network hash rate growth of 52%.  Riot Announces December 2024 Production…

Latam Insights Encore: El Salvador’s Bitcoin Bragging Signals a Point of No Return

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Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from the past week. This edition examines how El Salvador is now placing its Bitcoin-focused policy front and center in its international engagements, suggesting that there may be no turning back. Latam Insights Encore: Bragging Means There Is […] Original

Dogecoin Gaussian Channel Turns Green On The 4-Hour Chart, Why A New ATH Above $1 Is Imminent

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Este artículo también está disponible en español. Back in December 2024, the Dogecoin price entered the Gaussian Channel following a sharp decline in price as Bitcoin suffered multiple crashes. However, even though the entry was triggered by bearish forces, Dogecoin’s entry into the Gaussian Channel was bullish and showed a tendency to recover quickly from dips. This is because the Gaussian Channel can act as a bounce-off point to possibly send DOGE soaring toward new all-time highs. Dogecoin Gaussian Channel Flashes Green Over the last few weeks, the Dogecoin price…

Bitcoin Surges Past $100K for the First Time Since December, Hits $102,514 High

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Bitcoin (BTC) has once again surpassed the $100,000 mark reaching an intraday high of $102,514, its first breakthrough above this psychological level since mid-December 2024. $103K Resistance Looms as Bitcoin Climbs to $102,514 Amid Volume Spike This latest bitcoin surge reflects strong bullish momentum, with buyers stepping in decisively to drive prices higher. The 1-hour […] Original

History Cautions Against Pardons for Jan. 6 Rioters

Donald Trump will soon return to the White House, raising the question of whether he will pardon the Jan. 6 rioters whom he has spent months defending. Calling Jan, 6 a “Day of Love” and labeling rioters “hostages” and “political prisoners,” Trump has likened his supporters to revolutionaries who were simply fighting for fair elections and to restore American democracy. Spinning this narrative has allowed Trump to successfully weave the idea that he and the 1,563 indicted Jan. 6 rioters are martyrs, persecuted by President Joe Biden’s Administration. This rhetorical…

Canadian Prime Minister Justin Trudeau to Resign, Leaving Room for Pro-Bitcoin Leader Pierre Poilievre

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Canadian Prime Minister Justin Trudeau has announced he will step down from his position, a move sparked by mounting political pressure as his party faces a likely defeat in upcoming elections. Canadian Prime Minister Justin Trudeau Steps Down Justin Trudeau‘s resignation, confirmed Monday, comes after a series of polls indicated that his Liberal Party is […] Original

Stellar price breaks out as pattern points to a big XLM jump

Stellar Lumens price continued rising on Monday, as Bitcoin crossed the resistance at $101,000 and as the crypto fear and greed index moved to the greed zone.  Stellar (XLM) rose to $0.4630, gaining nearly 50% from its December low, as previously predicted.  The rally happened as most cryptocurrencies bounced back. Bitcoin (BTC) recovered from last month’s low of $92,000 to $101,500, while tokens like Injective, SPX6900, Worldcoin, and Render surged by over 10%. Stellar’s gains were also influenced by Ripple’s (XRP) bullish momentumRipple recently formed a bullish pennant pattern, signaling…

Key Indicator Signals Buy On XRP 4-Hour Chart – Analyst Predicts A Price Rebound

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Este artículo también está disponible en español. XRP has been navigating a period of consolidation below the $2.50 mark, leaving investors eager to see if the altcoin is poised for another surge. After a period of bullish momentum earlier in the cycle, XRP has held steady above critical support levels, hinting at the possibility of an upcoming rally. Top analyst Ali Martinez recently shared his insights on XRP’s price action, highlighting technical patterns and signals that suggest a potential rise in the coming days. Martinez’s analysis aligns with the cautious…

6,595 Bitcoin Mined by Core Scientific in 2024

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The growth of Core Scientific’s mining operations in 2024 resulted in the company achieving a total output of 6,595 BTC. Significant BTC Mining Output for Core Scientific Core Scientific, a bitcoin mining company announced its total mining output of 6,595 BTC for the entire 2024 with 974 BTC mined in Q4 2024. This was outlined […] Original

Bitcoin Bounces Back Above $100K – Is the Bull Run Resuming or a Correction Ahead?

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After weeks of trading below the critical $100,000 mark, Bitcoin has started 2025 with renewed bullish momentum. The cryptocurrency, which had been struggling since last month, has shown signs of recovery, climbing back above the psychological $100,000 threshold earlier today for the first time in recent weeks. Bitcoin entered the year trading between $93,000 to $95,000 but has now regained momentum as its current trading price sits at $102,368.  Over the past 24 hours, Bitcoin has surged by a 4.5% increase, bringing it closer to its all-time high of $108,000…