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Bitcoin Balances on a Razor’s Edge: Is a Breakout or Breakdown Looming? – Markets and Prices Bitcoin News

On Friday afternoon, crypto markets appeared to catch their breath, though traders remained on edge, bracing for bitcoin’s next twist. At press time, BTC was trading at $96,800 to $97,150 per coin, while the broader crypto economy stood at $3.34…

  • admin
  • December 21, 2024
  • Mining

Marathon Digital warms 80,000 Finnish homes with heat generated from Bitcoin mining

Marathon Digital Holdings is redefining the narrative around Bitcoin mining by repurposing its excess heat to benefit communities in Finland. In a Dec. 20 statement on X, the company said it provides heating for approximately 80,000 residents through a forward-thinking…

  • admin
  • December 21, 2024
  • News BTS

France’s Groupe BPCE to Offer Bitcoin and Crypto Investments to 35M Users

France’s financial markets regulator, the Autorité des Marchés Financiers (AMF), has approved BPCE, one of the country’s largest banking groups, to operate in the crypto space. This will be done through its subsidiary, Hexarq, after receiving regulatory approval from the…

  • admin
  • December 21, 2024
  • Markets

Bitcoin Dip Hits Altcoins Hard With ETH Down by 18%, XRP Down by 21% and SOL Down by 20% – Markets and Prices Bitcoin News

Bitcoin’s price correction dragged major altcoins with it with the global crypto market cap decreasing by 9.53%. Bitcoin‘s price correction extended into Friday, Dec. 20, as the number one crypto continued to shed its recent gains. Over the past 48…

  • admin
  • December 21, 2024
  • Mining

Bitcoin Miners Are Expected to be Profitable in December, Jefferies Says

BTC’s rise to record highs earlier this week is expected to allow miners to extend their November profitability into December, according to a report by investment bank Jefferies on Wednesday. Bitcoin mining economics improved in November as the average price…

  • admin
  • December 21, 2024
  • News BTS

North Korea Crypto Hackers Stole $1.3 Billion In 2024: Chainalysis

Crypto hackers affiliated with North Korea stole $1.3 billion worth of crypto in 2024 – over double the amount looted in 2023. This happens against the backdrop of rising concerns over the country’s weapons of mass destruction program, per new…

  • admin
  • December 21, 2024
  • Markets

As BTC’s Post-Fed Price Dip Extends, This Key Contrary Indicator Offers Fresh Hope

Bitcoin’s (BTC) post-Fed price drop to $96,000 has activated a crucial contrary indicator that has historically marked the end of price pullbacks. On Wednesday, the Fed cut the benchmark borrowing cost as expected but penciled in only two rate cuts…

  • admin
  • December 21, 2024
  • Markets

Bitcoin Drops to $92,118 as Crypto Economy Shrinks by Nearly 12% – Markets and Prices Bitcoin News

Bitcoin (BTC) plunged over 9% on Friday to a 24-hour low of $92,118 at 6:30 a.m. Eastern Time. This crash marks one of the most dramatic dips for the cryptocurrency this month. The wider crypto scene didn’t fare much better,…

  • admin
  • December 21, 2024
  • Mining

Bitcoin’s surge sparks 30% hike in mining gear prices as buyers move to Hong Kong

Bitcoin’s recent price surge has driven up mining equipment costs, with Shenzhen’s Huaqiangbei district—a global hub for crypto hardware—seeing a notable 30% price hike. According to a report by Wen Wei Po, the price of the Antminer S21 335T, a…

  • admin
  • December 21, 2024
  • News BTS

Deutsche Bank Unit to Pay $4M for Delayed Suspicious Activity Reports, SEC Says

In a significant development regarding regulatory compliance in financial markets, Deutsche Bank Securities Inc., a registered broker-dealer and subsidiary of Deutsche Bank AG, has agreed to pay the U.S. Securities and Exchange Commission (SEC) a $4 million civil penalty. The…

  • admin
  • December 21, 2024
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