Month: February 2025

Japanese MicroStrategy Rides Bitcoin Hype. Will Top Presale BTC Bull Follow?

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Este artículo también está disponible en español. Several companies in Japan are staking their future on Bitcoin ($BTC) and are buying up more of the digital currency. These include a former hotel developer, a software development company, and a mobile game studio. But what’s driving them to spend billions of yen on $BTC? We’ll discuss these and more in today’s article. Plus, we’ll find out why meme coins are also following suit in their optimism for $BTC’s future. If you’re an investor betting on the cryptocurrency’s growth, you can check…

Bitcoin Cash price prediction | Is Bitcoin Cash a good investment?

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Will this legacy cryptocurrency become bullish once again? Let’s find out in this Bitcoin Cash price prediction. Bitcoin Cash is a cryptocurrency associated with Bitcoin, yet it hasn’t performed like the leader of all cryptocurrencies. Its price action has lagged while Bitcoin (BTC) and other cryptocurrencies have experienced significant pumps. Since its launch back in 2017, the Bitcoin Cash (BCH) token has seen an all-time high of $3,785.82 followed by a 91% drop in price. At the time of writing, it is now trading at $330.2, which is around a…

Avalon Labs considers filing first Bitcoin-backed debt public fund

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Avalon Labs says it is exploring the possibility of filing the industry’s first Bitcoin-backed debt public fund aligned with SEC regulations. After issuing the world’s first Bitcoin (BTC)-backed stablecoin USDa, Avalon Labs wants to expand their suite of financial products pegged to the BTC. On Feb. 12, Avalon announced in a recent post that is currently evaluating the possibility of filing the industry’s first Bitcoin-backed public debt fund under the U.S. Securities and Exchange Commission Regulation A framework. The SEC Regulation A framework is a securities exemption that enables companies…

US-Designed Bitcoin Miner Delivers Promising Results

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Auradine’s latest bitcoin miner, a U.S.-designed ASIC chip, is making waves in the mining hardware market after tests demonstrate an efficiency comparable to Bitmain’s leading miner. This article is from Theminermag, a trade publication for the cryptocurrency mining industry, focusing on the latest news and research on institutional bitcoin mining companies. Auradine’s AT2880 Challenges Chinese […] Original

Phuket police arrest four Russian nationals accused of running crypto-ransomware attacks

Law enforcement in Phuket has arrested four hackers suspected of orchestrating ransomware attacks on Swiss firms and stealing millions in cryptocurrency. The accused, all Russian nationals, reportedly deployed ransomware on the networks of 17 Swiss companies between April 2023 and October 2024, a Feb. 10 report from local media outlet The Nation Thailand said. For those unaware, ransomware attacks involve hackers locking up a victim’s data and demanding a payout—usually in crypto—to restore access. In this case, the hackers allegedly used the Phobos malware, the report added. The accused were…

Wormhole to Deprecate Support for Multiple Blockchain Networks by Summer 2025

Alvin Lang Feb 12, 2025 09:55 Wormhole announces the deprecation of support for several blockchain networks by summer 2025, impacting Terra, Oasis, Acala, and others, while transitioning some Cosmos chains to community support. Wormhole, a prominent cross-chain messaging platform, has announced significant changes to its supported network infrastructure. According to the Wormhole blog, several blockchain networks will face full deprecation starting in the summer of 2025. Additionally, some Cosmos chains will transition to community-supported frontends and relaying services. Affected Networks The Guardian…

Crypto miner HIVE Digital’s shares soar amid 263% surge in Bitcoin reserves

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HIVE Digital Technologies has reported strong Q3 FY2025 revenue, fueled by Bitcoin mining and high-performance computing services. Canadian crypto mining firm HIVE Digital Technologies saw its shares rising 2.57% on Wednesday after it revealed its third-quarter results for fiscal year 2025, which showed strong growth. In a Tuesday press release, the Vancouver-headquartered firm reported total revenue of $29.2 million, driven by both Bitcoin (BTC) mining and high-performance computing services. During the quarter, HIVE mined 322 BTC, boosting its crypto holdings to 2,805 BTC, valued at $260 million. The figure marks…

Bitcoin’s Coinbase Premium Indicator Shows Overseas Buyers Taking the Lead Ahead of CPI Release

Bitcoin’s (BTC) Coinbase premium indicator, which measures the spread between BTC’s dollar-denominated price on the Coinbase exchange and tether-denominated price on Binance, has flipped negative for the first time since the Feb. 3 crash, according to data source Coinglass. It’s a sign that traders over the Nasdaq-listed exchange have turned cautious ahead of Wednesday’s U.S. CPI release, and their offshore counterparts have led the price recovery from overnight lows near $94,900 to $96,000. Historically, bull runs have been marked by prices trading at a premium on Coinbase, indicating strong leadership…

Dogecoin Ready For A $2.43 Rally? Elliott Wave Says Yes

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Este artículo también está disponible en español. A new chart shared by BigMike7335 (@Michael_EWpro) via X suggests that Dogecoin could be on the verge of a strong bullish wave targeting $2.43. His analysis relies on Elliott Wave theory, which divides market movements into impulsive drives and corrective phases. According to this view, DOGE’s historic rally from about $0.0020 to its previous peak near $0.68 unfolded in five distinct waves, labeled as Wave 5(A). This run tracked key Fibonacci extension levels, including the 2.618 region around $0.14591 and the 3.618 near…