Bitcoin miners' major player has announced their third-quarter financial report, resulting in billions of dollars in funding and spending. According to TheMinerMag, on Nov. 28, key players in the cryptocurrency and Bitcoin mining industry published their financial reports.
XRP surges 4.78% as Schwab eyes crypto expansion and SEC changes fuel market optimism. Key levels to watch: $1.63 resistance, $2 target.
Bitcoin price is recovering higher above the $95,000 level. BTC is showing positive signs and aims for a fresh increase above the $98,000 level.
If successful with its fundraising, Metaplanet could purchase roughly 652 extra Bitcoin for $62 million.
A simple mix-up more than a decade ago has escalated into a multimillion-dollar nightmare, as a woman claims she accidentally disposed of her ex-partners hard drive containing access to his $569 million Bitcoin fortune. James Howells, a 39-year-old IT engineer from Newport, Wales, has been on a relentless mission to recover the lost drive, while his ex, Halfina Eddy-Evans, insists she isnt to blame.
A Bitcoin indicator created by the on-chain analytics firm Glassnode has just given a signal that could suggest the exhaustion of selling pressure in the market. Bitcoin Seller Exhaustion Has Just Registered A Spike In a new post on X, Glassnode has shared an update on the Seller Exhaustion Composite for the Weekly-Monthly Bitcoin traders.
Bitcoin (BTCUSD) is consolidating after hitting a fresh all-time high of $93,483 and is currently trading around $95123. Marathon Digitals Bold BTC Purchases: Strengthening Its Position In November 2024, Marathon Digital Holdings bought 703 BTC, increasing its monthly total to 6,474 BTC.
The United States has never been the largest market for Bitcoin or cryptocurrencies in terms of trading volume. Offshore exchanges, particularly in Asia, have consistently dominated global trading activity, with platforms like Binance and Huobi driving liquidity and volatility.
Fantom (FTM) has been on a remarkable rally this week, with its price climbing by 8%, following an impressive 43% surge just the week before. As Bitcoin (BTC) begins to recover from recent dips, many altcoins, including Fantom, are experiencing significant upward momentum.
Bitcoin is going to go to $250,000 to $500,000 within the next 12 to 24 months, predicted Charles Hoskinson.
Robert Kiyosaki has highlighted AI's $500,000 bitcoin prediction for 2025, aligning with analysts citing institutional adoption, regulatory shifts, and growing demand. $500K Bitcoin in 2025? AI and Crypto Experts Share Bold Predictions Robert Kiyosaki, the renowned author of Rich Dad Poor Dad, has shared another striking forecast regarding bitcoin's future.
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Analyst and trader Kevin Svenson is leaning bullish on Bitcoin (BTC) days after the flagship crypto asset retraced by nearly 10%.
The price of Bitcoin is back and trading above $95,000 after surging 2.70% from the previous day's close. The asset's recovery is a welcome development for holders and investors, who have witnessed a two-day decline, dipping to $90k on November 27th.
Bitcoin (BTC) recently experienced a sharp decline, dropping by 9% from its all-time high (ATH) of $99.5K to $90.7K in a matter of days. The sudden price slump, attributed to panic selling by short-term holders (STH), stirred considerable market concern.
The cryptocurrency market has been on a rollercoaster, with Bitcoin recently reaching an all-time high of $99,645. This milestone marked a wave of optimism, driven partly by Donald Trump reclaiming the U.S. presidency.
Vaneck, one of the largest investment funds in the U.S., has highlighted the benefits that El Salvador has experienced since President Bukele arrived in office and adopted a bitcoin strategy. Vaneck Celebrates Bukele's Bitcoin Gambit and His Vision for El Salvador Vaneck, one of the largest asset managers in the U.S.
Dennis Porter, CEO and co-founder of the Satoshi Action Fund, recently stated that he is sure that many nation-states will follow in Brazil's footsteps, introducing strategic bitcoin reserve regulations. Multiple Strategic Bitcoin Reserve Proposal Would Be in the Works Bitcoin adoption at a nation-state level seems prepared for liftoff.
A well-known gold advocate denounced MicroStrategy's investment plan to purchase more Bitcoin and build up its crypto reserve. Peter Schiff, a vocal critic of the firstborn cryptocurrency, also slammed the pro-crypto stance of President-elect Donald Trump, arguing that it is detrimental to the country.
The Swiss canton Bern voted in favor of a legislation commissioning a report on the viability of Bitcoin mining in using excess power generation. Switzerland remains a top crypto friendly country with hydroelectric power and a suitable cool climate.
Bitcoin climbed back to the key $95,000 threshold on Thursday after the release of the personal consumption expenditures (PCE) price index, which came in as expected, according to QCP Capital. Bitcoin and Ether on the Rise The rebound marks a steadying of the crypto market, with bitcoin (BTC) finding a solid foothold at critical levels.
Lawmakers in the Switzerland Canton of Bern have made history by passing a Bill to explore the impacts of Bitcoin mining in the region. Months after the bipartisan effort to drive adoption began, the bill finally passed with a landmark majority.
Swiss policymaker Samuel Kullmann garnered a sweeping majority of votes for a Bitcoin mining study focused on optimizing the local power infrastructure.
Bern's Bitcoin Parliamentary Group is calling the commissioning of the report a victory, although the executive branch is opposed to it.
Samuel Kullmann, a member of the Swiss canton of Bern parliament, passed legislation to explore Bitcoin (BTC) mining as a potential solution to address surplus electricity production in the region.
The founder of the Cardano (ADA) blockchain Charles Hoskinson is leaning bullish on Bitcoin (BTC). Hoskinson says Bitcoin could skyrocket by up to 436% from the current level within two years. According to the Cardano founder, Bitcoin's surge will be fueled by growing demand.
Bitcoin recently experienced a small retrace from its all-time high of $99,800, dropping to a low of $90,700. Despite this pullback, the price action remains bullish as BTC shows resilience and recovers from the dip.
Is Bitcoin the future of pensions or a ticking time bomb for retirees' savings?
Bern's exploration of Bitcoin mining could position it as a leader in crypto innovation, potentially boosting local economy and renewable energy use. The post Switzerland's Canton of Bern approves proposal to explore Bitcoin mining as solution to energy waste appeared first on Crypto Briefing.
Bitcoin (BTC) is approaching a $2 trillion market cap, currently at $1.89 trillion, after rising 38% in the past month and breaking new all-time highs in November. Expectations remain high as BTC price nears the $100,000 milestone, a level it is less than 5% away from reaching.
Bitcoin continues to defy bearish predictions, trading above the crucial $95,000 level and gaining over 3% in the last 24 hours. While the cryptocurrency market is known for its volatility, Bitcoin's resilience today is a testament to the factors supporting its bullish momentum.
Top American Bitcoin miner Marathon Digital (renamed to MARA) has added an additional 6,474 Bitcoin worth roughly $615 million through its recent 0% $1 billion convertible notes offering. The Bitcoin mining giant has set aside $160 million in remaining proceeds to buy more of the leading cryptocurrency at market dips.
Bitcoin (BTC) continues to face resistance at the psychologically important $100,000 threshold, and there has been a shift in investor focus from BTC to altcoins. Notably, tokens that rallied in the 2021 bull run and metaverse tokens like Decentraland (MANA) and Sandbox (SAND) have witnessed a resurgence in trade volume across centralized exchanges like Upbit.
The parliament of the Swiss canton of Bern has passed legislation to study Bitcoin mining, according to Samuel Kullmann, a Bitcoin-friendly member of the right-wing populist Federal Democratic Union of Switzerland (EDU) party.
Embattled crypto lending platform Celsius is announcing a plan to distribute hundreds of millions of dollars worth of Bitcoin (BTC) and cash to its creditors.
Metaplanet announced today that it will be issuing its Moving Strike Stock Acquisition Rights. The business will strengthen its position as Asia's first Bitcoin Treasury Company.
MARA grows BTC holdings to 34,797 BTC, valued at $3.3B, following a $1B convertible note offering and 6,474 BTC purchases in November
MicroStrategy, once hailed as a trailblazer for its audacious Bitcoin (BTC) investment strategy, is now under the microscope after a dramatic $30 billion loss in market capitalization within four days. This steep decline, triggered by Bitcoin's price correction, has reignited debates about the risks of the company's heavily leveraged crypto-centric approach.
A closely followed crypto analyst says he believes Bitcoin (BTC) may be on the verge of a Thanksgiving breakout. In a new thread on the social media platform X, crypto strategist Ali Martinez tells his 91,000 followers that Bitcoin may surge by nearly 4% during the holiday.
Bitcoin today celebrates the 12th anniversary of its first halving, a historic event that halved miners' rewards from 50 to 25 BTC per block. This date marks the beginning of a series of transformations that have shaped the economy of Satoshi Nakamoto's invention, now valued at over 95,000 dollars.
BlackRock's increased investment in IBIT highlights growing institutional confidence in Bitcoin, potentially influencing broader market dynamics. The post BlackRock holds $78 million in IBIT shares across two investment funds, new filings reveal appeared first on Crypto Briefing.
Investors ramping up their appetite for bitcoin could lead the crypto to soar 136% in the coming years, one analyst says.
Metaplanet, a Japanese investment firm, has announced plans to raise $62 million by issuing stock acquisition rights to EVO Fund. The raised funds will be allocated to buying more Bitcoin for its treasury management.
In a recent interview with Indian media outlet Money Control, billionaire Tim Draper said that Bitcoin, the leading cryptocurrency, is still "cheap" despite recently approaching the $100,000 level.
Microsoft placed an "assessment in investing in bitcoin" as a shareholder voting item on the agenda for its annual meeting on Dec. 10.
As Bitcoin is regaining significant upward strength, a notable trend has been spotted among long-term holders as indicated by a huge drop in the average age of wallets holding BTC. The trend demonstrates shifting market dynamics, prompting the modification of positions by retail and institutional players in anticipation of future price fluctuations.