The investment strategy known as “devaluation trading” is here to stay and fuels the appetite for safe haven assets such as gold and bitcoin (BTC), which are not exposed to arbitrary issuance and monetary policies of central banks. This is stated by analysts at JP Morgan, the largest bank in the United States, in their … Read more
Spanish-speaking Bitcoiner talk about what they have learned with Bitcoin. The feature film explores the origin, technology and challenges of Bitcoin in the region. Bitcoin is undoubtedly a revolution and is marking a profound milestone in Latin America and Spain, as witnessed by Spanish-speaking bitcoiners who express what they value most about this digital currency … Read more
The company produced 569.9 BTC in December, an increase of 56% compared to what was mined in November. Cango’s average hash rate rose from 29.8 EH/s in November to 30.4 EH/s in December. Bitcoin mining continues to boom, which is why companies like Cango Inc. are taking significant steps to capitalize on this trend. According … Read more
MicroStrategy (MSTR), a software company famous for being the company with the most bitcoin (BTC), ended 2024 with an appreciation of almost 360% in the value of its shares. This is triple the performance that the digital currency obtained in the same period. Such a result occurs despite its recent decline in decorrelation with BTC, … Read more
A technical analysis indicator known among traders as Bitcoin Power Grid reflects that the bullish rally of bitcoin (BTC) in this cycle is far from over. He Bitcoin Power Grid is designed for Evaluate bitcoin price rises or falls in different market cycles. The indicator uses a scale that moves in predefined levels from 0% … Read more
During the last two months of 2024, the profitability of Bitcoin (BTC) mining has seen an increase mainly due to the rise in the price of this currency in that period. This circumstance, reported by CriptoNoticias, led to the fact that currently the most profitable ASIC (application-specific integrated circuit) for this task allows obtaining an … Read more
The American bank would compete with Coinbase. E-Trade was acquired in 2020 when it added 5 million new clients. Morgan Stanley subsidiary E-Trade is considering expanding its product offering to include trading services for bitcoin (BTC) and other digital assets. This amid growing interest from the financial sector in cryptocurrency trading around the world. Online … Read more
Bit2Me highlights that this was achieved thanks to a favorable regulatory environment. They claim that more services will be coming soon in Europe, considering that MiCA has already come into force. Garanti BBVA Kripto, the Turkish subsidiary of the Banco Bilbao Vizcaya Argentaria Group (BBVA), has announced that it will begin offering cryptocurrency trading services … Read more
December 2024 closed as the third most profitable month of the year for Bitcoin (BTC) miners, with revenues reaching $1.44 billion, according to The Block. This data marks the highest level of 2024 only behind March and Aprilwith observed profits of $2 billion and almost $1.8 billion, respectively. The profitability recorded by Bitcoin miners in … Read more
2024 was an interesting year for Bitcoin mining, marked by the growth of the industry and the launch of highly innovative equipment. However, the year that ends also witnessed the collapse of activity in Latin America, with unforgettable cases in Venezuela and Paraguay, two recognized mining strongholds in the region. Between both nations, this year … Read more