New Bitcoin mining equipment would generate $6,300 per month

The ASICKey company presented three mining equipment for Bitcoin, Litecoin and DASH. On average, as announced, the return on the initial investment would be made in 1 month. On November 13, 2024, the ASICKey company announced the launch of its three new ASIC (application specific integrated circuits) for mining Bitcoin (BTC), Litecoin (LTC) and Dash … Read more

There could be an altseason, but with low impact: Juan Rodríguez

The cryptocurrency market is waiting for the possible arrival of an “altseason”, a phenomenon that has historically generated great profits in altcoins, that is, those cryptocurrencies that are not bitcoin (BTC). However, the Colombian analyst Juan Rodríguez warns that, although this season could arrive, It will do so with considerably less impact than previous cycles. … Read more

The Russian government sees bitcoin mining as a threat to its electrical grid

Russia’s deputy chief executive believes that in 5 to 10 years, the electricity shortage will be serious. Putin considers that bitcoin mining “is good,” but there are more important things. The deputy head of the executive cabinet of the presidency of the Russian Federation, Maxim Oreshkin, considered that the electricity shortage may affect the Russian … Read more

Binance breaks records in bitcoin futures contracts

Binancealong with other cryptocurrency exchanges, broke records in bitcoin (BTC) futures contracts, according to CryptoQuant analysis. The firm notes that, in general, when the BTC derivatives market “heats up,” especially in the futures segment, along with a significant price increase, “the market may experience increased volatility.” According to the datathe BTC futures market has reached … Read more

The US elections left 3 lessons for bitcoin investors

“Cryptocurrencies will continue to be a political force,” says Samir Kerbage. It is still early to invest in digital assets. The presidential elections of November 5 in the United States have left a series of valuable lessons for bitcoin (BTC) and cryptocurrency investors. The election of leaders with favorable positions towards the digital assets sector, … Read more

“The massive bitcoin rally hasn’t even started”: Sean Brodrick

The biggest winner of the US elections was bitcoin, according to the analyst. Given the limited supply of bitcoin, he says its price could see high bullish volatility. There are reasons to expect much higher prices for bitcoin (BTC), according to analyst Sean Brodrick. The rise to new records, which the asset has had since … Read more

Bitcoin at $140,000 “is justified”: Capriole Investments

With a pro-bitcoin (BTC) government taking the lead in the United States, the digital currency has begun to navigate a phase of sustained gains. The investment firm Capriole Investments claims that, after years of undervaluation, bitcoin market prepares to reach $140,000. “It is difficult to predict when fundamental barriers in its value will be broken,” … Read more

18 US states sue SEC for persecution of Bitcoin industry

They allege that the SEC has violated the rights of states to regulate their economies. The agency has committed “serious government overreach,” the lawsuit says. This Wednesday, 18 US states filed a lawsuit against the Securities and Exchange Commission (SEC) and its commissioners, accusing them of unconstitutional overreach and unfair persecution of the cryptocurrency industry … Read more

“It has been a great honor”

Gary Gensler, chairman of the United States Securities and Exchange Commission (SEC) since April 2021, delivered a speech during the Practicing Law Institute’s 56th annual securities regulation conference, which many interpreted as a sign of his imminent departure from the agency. In your interventionGensler called the SEC an “extraordinary agency” and He expressed his gratitude … Read more

This can happen with your cryptocurrency wallet if you don’t back up your seed phrase

A user who did not save or lost his seed recorded losses of up to USD 600,000. This session “reset” can happen in any wallet, not just Phantom. Users on the social network Once access to the wallet was restarted, Phantom asked users to import or enter their recovery phrases to log in again. Users … Read more