Bitcoin has another most profitable contender in cryptocurrency mining

The most profitable Bitcoin ASIC costs $20,000, double that of ALPH. ALPH’s most profitable mining rig also surpasses those of DOGE, KAS and LTC. Bitcoin is the largest crypto asset in the world, and its security and global distribution is unmatched in the world of cryptocurrencies. However, Bitcoin mining is not going through the best … Read more

Bitcoin flirts with USD 70,000; polls favor Trump in key states

The price of bitcoin (BTC) is once again approaching $70,000a figure that he has managed to exceed on several occasions during the day. As can be seen in the following graph of TradingViewthe market looks for that area again and again (it is not an exact price), but there is great selling pressure there that … Read more

“It is very likely that bitcoin will go down after the elections”: CoinEx Director

The specialist maintains bullish expectations for bitcoin by 2025. Warns that cryptocurrencies related to artificial intelligence will stand out in the next According to the director of CoinEx, Pedro Gutiérrez, the price of bitcoin (BTC) could see a drop after the presidential elections in the United States. However, for next year, it sees a possible … Read more

More than 1 billion USDT was issued in TON

The USDT stablecoin, issued by the Tether company, continues to gain ground on the TON (The Open Network) cryptocurrency network. The milestone of more than 1 billion USDT circulating on this network. This growth of USDT on TON underlines the strength of the network in the stablecoin market and opens doors for an ecosystem of … Read more

Bitcoin’s bullish trend is intact, according to the MVRV

If the trend continues, the price of BTC could climb to $95,000. The election results in the US could define bitcoin’s next moves. The technical analysis indicator known as MVRV reflects that the bullish trend of bitcoin (BTC) remains intact. The market is closely following the results of the elections in the United States, which … Read more

Michigan Pension Fund One of Largest Ethereum ETF Investors

Shares in the Michigan ETH ETFs are valued at over $10 million. The fund now holds more ETH than bitcoin, setting Michigan apart from other entities. The Retirement System of the state of Michigan, in the United States, revealed its recent holdings in the ETH of bitcoin (BTC) and ether (ETH), positioning itself as one … Read more

Difficulty of mining Bitcoin reaches all-time highs

A high difficulty means that mining equipment will require more work to process a block. The hashrate remains at levels close to its historical maximum, with 721 EH/s. Yesterday, November 4, 2024, Bitcoin (BTC) mining difficulty reached a new all-time high (ATH), standing at 101.64 terahashes (TH). In practice, this milestone marks an increase in … Read more

The market would anticipate a Kamala Harris victory, according to Jim Cramer

Trader action on Monday would have shown a preference for Harris over Trump. On social media, users joke that there is a “reverse Cramer effect.” As the elections in the United States develop, predictions about who could occupy the White House have not been long in coming. One of the analysts in the American financial … Read more

MicroStrategy wants to invest USD 40 billion in bitcoin, but… What are the risks?

Analysts Alexandre Schmidt and Satish Patel at research firm Coinshares evaluated MicroStrategy’s 21/21 Plan, a recently announced strategy to raise $42 billion in capital over the next three years to acquire more bitcoin (BTC) as a trading asset. reserve and increase the performance of your treasury. This plan, although ambitious, “depends largely on a series … Read more

Semler Scientific already has more than 1,000 bitcoin

The company has a BTC reserve valued at about $64.5 million. This company was revived thanks to its investment in bitcoin, according to its president. Semler Scientific’s bitcoin (BTC) reserve has already exceeded 1,000 units of the digital currency, becoming what is known in the market as a “whale.” This company, which specializes in technology … Read more