Bitcoin and Altcoin Price Analysis Strong inflows into spot Bitcoin ETFs suggest that the sentiment has turned positive, and traders are buying aggressively. Bitcoin (BTC) has been conquering overhead resistance levels one by one, signaling that the bulls are gaining confidence. Ether (ETH) rallied to the 50-day SMA ($3,454) on July 15, indicating that the […]
Author Archives: banana_admin
Mark Cuban’s Thoughts on Bitcoin as Global Reserve Asset Mark Cuban, with a net worth of $5.4 billion in 2024, is a well-known entrepreneur and investor who has been actively involved in the digital asset space. Geopolitical instability and inflationary pressures may drive Bitcoin to become a global reserve asset. Increased support in Silicon Valley […]
Bitcoin Sale Nets German Government $2.8B The Dresden Public Prosecutor’s Office has confirmed the emergency sale of 49,858 Bitcoin between June 19 and July 12, 2024, in connection with the Movie2k investigation. The German government has confirmed a multi-billion emergency sale of Bitcoin (BTC) that began in June. An official statement from the state of […]
Bitcoin Miner Cipher Receives Takeover Offer, Considers Sale: Report Cipher’s initial public offering (IPO) was in 2021. Its current market cap is more than $2 billion. * According to a recent Bloomberg article, Bitcoin mining company Cipher is considering a sale after receiving a takeover bid. * The report cited unnamed sources, who claimed that […]
The surge in popularity of cryptocurrency has brought about numerous opportunities and challenges. While digital currencies offer incredible convenience and potential for growth, they also come with risks, most notably the possibility of theft or loss. Securing your digital assets is paramount. This article will guide you through the essential steps to protect your cryptocurrency […]
StarkWare verifies first zero-knowledge proof on Bitcoin StarkWare’s milestone opens the door for ZK-based layer-2 solutions, enhancing Bitcoin’s scalability and global payment capabilities. StarkWare has achieved a historic milestone by successfully verifying its first zero-knowledge (ZK) proof using its new STARK verifier on the Bitcoin Signet network. The development follows three months of firm exploration […]
Donald Trump Considering Jamie Dimon for US Treasury Position Donald Trump, former United States president and current Republican ticket nominee, mentioned in a recent interview his consideration of Jamie Dimon, CEO of JP Morgan, for the cabinet position of Secretary of the Treasury. Trump also expressed his intention to retain Jerome Powell as the Federal […]
The rapid growth of cryptocurrencies has revolutionized the financial world, introducing new opportunities and challenges. At the heart of many cryptocurrencies lies the concept of mining, a process that ensures the security and functionality of the blockchain. This article delves into the intricacies of cryptocurrency mining, offering insights into how it works, what you need […]
Bitcoin L2s help crypto miners in Asia supplement income with staking Bitcoin L2s remain crucial to the Asian crypto ecosystem, offering miners new revenue streams after the most recent halving. One crypto narrative that has garnered significant traction across the Asian technological landscape is the rise of Bitcoin layer-2 (L2) solutions. Chinese miners are still […]
Mt. Gox Bitcoin Distribution and Whale Accumulation Bitcoin whales are continuing to accumulate Bitcoin despite potential sell pressure from Mt. Gox creditors. Over one-third of the Bitcoin owed to Mt. Gox creditors has been distributed already. Large Bitcoin holders are unfazed and are still accumulating Bitcoin. Crypto investors are concerned about the sell pressure that […]