Bitcoin dropped below $97,000 on Wednesday, losing its grip on the $100,000 level. The decline followed a series of positive US economic reports Tuesday, which raised fears that a potential inflation rebound could delay the Federal Reserve’s plans to ease…
In 2024, Bitcoin mining saw big advancements and tough challenges. Miners adopted new technology, used renewable energy, and even expanded into fields like AI. However, high energy costs, stricter regulations, and illegal activities showed there’s still work to do as…
Aleš Michl, Governor of the Czech National Bank (CNB), discussed on Monday the possibility of including Bitcoin in the country’s foreign exchange reserves to diversify its asset holdings. His remarks reflect a growing government interest in cryptocurrency as a potential…
Despite the decline in BTC mining output, Bit Digital increased its BTC and ETH holdings through diversification in both assets. Strategic Diversification Key to Bit Digital Crypto Holdings Bit Digital, a bitcoin mining firm produced 32.4 BTC in Dec. 2024,…
Former CEO of cryptocurrency exchange BitMEX, Arthur Hayes, believes that the crypto market will reach its peak in mid-March 2025, before experiencing a severe correction. “I think crypto tops out in mid-Mar and then severely corrects. Until then is time…
Perhaps the best way to decentralize the Bitcoin network is through home mining, and things are trending in the right direction. Yesterday, Solo Satoshi announced the Bitaxe Touch, the latest device in the world of home bitcoin mining. This new…