Crypto mining has come a long way since the early days when anyone could mine Bitcoin using a simple personal computer. Today, it requires specialized hardware such as ASICs (Application-Specific Integrated Circuits), which are highly efficient but also energy-hungry and costly to maintain. As a result, the process has become ...
The decade-long saga of James Howells, the IT engineer who accidentally discarded a hard drive containing 8,000 Bitcoin (BTC) in 2013, has taken a dramatic turn. The lost cryptocurrency is now at the centre of intense legal disputes and new revelations. Howells' former partner, Halfina Eddy-Evans, recently came forward, claiming ...
On November 22, Michael Saylor, Executive Chairman of MicroStrategy, announced the successful completion of the company's offering of convertible senior notes, set to mature on December 1, 2029. MicroStrategy netted approximately $2.97 billion in proceeds from the sale of the notes after accounting for purchaser discounts. The funds will be ...
CryptoQuant CEO Ki Young Ju suggests that Bitcoin’s current rally toward the 100,000 mark reflects its 2020 surge, during which the cryptocurrency’s value increased sixfold to reach 67,000. Ju highlighted in the X thread that earlier on-chain data, which indicated months of Bitcoin accumulation by whales, has proven accurate despite ...
The Bitcoin price continues to rise, solidifying its dominance in the crypto market. Meanwhile, the ETF investment trend is gaining momentum at an unprecedented pace, with billionaire investors, including legendary investor Paul Tudor Jones, confidently betting on Bitcoin's future. These significant investments, reaching up to $150 million in Bitcoin Price ...
Analysts at Singapore-based trading firm QCP Capital predict that the introduction of Bitcoin ETF options on Nasdaq by BlackRock’s iShares Bitcoin Trust could significantly boost institutional participation in the cryptocurrency market. The ETF options began trading on Tuesday, November 19, and they recorded impressive activity. Over 73,000 contracts traded were ...
Singapore-based edutech company Genius Group has launched its podcast, which it claims would address the lack of framework for adopting a Bitcoin first strategy, today, November 19. The podcast featured a live discussion on the future of Bitcoin and blockchain businesses. CEO Roger Hamilton, along with Genius Group Board Members ...
Russia is advancing a draft amendment to its Bitcoin mining legislation, proposing new tax regulations for crypto mining activities, transactions, and associated infrastructure. According to a report by local media Interfax, the country’s Ministry of Finance has introduced amendments detailing tax guidelines for income and expenses in the crypto ...
Metaplanet has announced a ¥1.75 billion (approximately $11.7 million) ordinary bond issuance to bolster its Bitcoin acquisition strategy. The company revealed the move on November 18, highlighting its ongoing commitment to integrating cryptocurrency into its broader investment portfolio. These third series of ordinary bonds are exclusively allocated to EVO FUND ...
Polish presidential candidate Sławomir Mentzen has promised to establish a strategic Bitcoin reserve as part of his financial policy if he wins the 2025 election. Mentzen reaffirmed his commitment to integrating cryptocurrency into Poland's financial system on November 17 through a statement on X. Poland should create a Strategic Bitcoin ...
