This Bitcoin miner is hot on the heels of Bitmain’s S21

Auradine is the American company behind the manufacturing of this ASIC for Bitcoin. Bitmain’s current most cost-effective ASIC offers an energy efficiency of 13 J/TH. The Teraflux AT2880 Bitcoin (BTC) mining rig achieved an energy efficiency of 16.8 J/TH (joules per terahashes) and 17 J/TH, according to a test conducted and published by Michael Carter, … Read more

MicroStrategy could be the “FTX” of this bitcoin cycle

If bitcoin were to have a big drop, MicroStrategy’s business would be at risk. There are analysts who explain that Saylor’s strategy is unsustainable in the long term. Few investment strategies in bitcoin (BTC) have been as talked about in recent times as that of the American company MicroStrategy. Under the leadership of Michael Saylor, … Read more

Coinbase is “cautiously optimistic” about bitcoin for the next 3 months

Different events that are about to take place could shake up the bitcoin (BTC) and cryptocurrency market, both downwards and upwards. “In the short term, cryptocurrency markets are primarily focused on two catalysts,” notes exchange Coinbase in a new report. These are Donald Trump’s US presidential inauguration in a week and the ongoing FTX compensation … Read more

US banking should be more open with cryptocurrencies

According to Hill, agencies must describe what activities are permitted and how to carry them out. The Republican believes that long commitments with regulators slow down innovation. Travis Hill, current vice president of the Federal Deposit Insurance Corporation (FDIC), has recently expressed his support for cryptocurrencies. In a speech, Hill urged the agency to take … Read more

What will happen to the price of bitcoin after Donald Trump takes office?

The big current question in the bitcoin (BTC) market is how it will continue after the presidential inauguration of Donald Trump in the United States. Is a price rise coming for bitcoin after this event scheduled for January 20, 2025? Will there be strong profit taking that drags the digital currency down? What should be … Read more

Bitcoin ETFs had a red Monday, but the price remained stable

Purchases on exchanges offset money outflows from ETFs. Generally, a negative capital flow for ETFs implies a drop in the price of bitcoin. Yesterday, January 13, bitcoin (BTC) exchange-traded funds (ETFs) in the United States recorded money outflows of more than $284 million and have accumulated three consecutive days in the red. According to data … Read more

Miners want bitcoin (BTC) more and more

MARA has almost 45,000 BTC, and is the company in this area with the largest reserves. The increase in exposure is an indication of bullish expectations for the BTC price. Companies dedicated to Bitcoin (BTC) mining and that are publicly traded have reached record levels of reserves of the currency created by Satoshi Nakamoto. Currently … Read more

Inflationary uncertainty reaches its highest levels since the 1980s

Inflation uncertainty in the United States is at its highest point since the economic recession of 1982. The data They note that American consumers expect “prices to increase at an annual rate of 3.3% over the next 5 to 10 years, the highest since the 2008 financial crisis.” This figure represents an increase compared to … Read more

El Salvador and bitcoin attract 300 businessmen and investors

Several companies are considering moving operations to El Salvador due to laws favorable to bitcoin. The event included bitcoin and local market forums, strengthening tourism and the economy. 300 businessmen and investors, all bitcoiners, participated last weekend in an invitational golf tournament held at the El Encanto Golf Club course, located in the department of … Read more

Bitcoin is the best technology to send money, why?

As long as there is a means of exchange of value (or valuable objects in themselves) and a physical or digital way to move them and pass them from hand to hand, there will be donation, gift and also something even more basic such as commercial exchange. As such, donating and gifting and trading are … Read more