Monthly Archives: December 2024

BIT Mining attributed its widened profit margins from DOGE and LTC to specialized LD3 mining machines it acquired from Bee Computing in 2021. Read More at https://cointelegraph.com/news/bit-mining-dogecoin-litecoin-boosted-mining-profitability?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Bitcoin has set a new all-time high of $104,000 on Coinbase, setting the cryptocurrency loose into price discovery — so where is it heading next? Read More at https://cointelegraph.com/news/bitcoin-hits-100k-btc-price-hit-a-new-all-time-high?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Long-bankrupt crypto exchange Mt. Gox moved over 24,000 Bitcoin to an unknown address after the cryptocurrency struck above $100,000. Read More at https://cointelegraph.com/news/mt-gox-moves-30k-bitcoin-after-hits-100k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Hut 8 stock surged almost 8% following the announcement of the stock repurchase program. Read More at https://cointelegraph.com/news/hut-8-raise-500-million-buy-bitcoin-strategic-reserve-asset?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Nine of the 30 spots in the finance category for Forbes’ “30 Under 30” list for 2025 were taken up by crypto company founders. Read More at https://cointelegraph.com/news/crypto-founders-take-up-third-forbes-30-under-30-finance?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

DoubleZero’s goals are to increase bandwidth and reduce latency for blockchain projects and possibly other networks, such as those used for online gaming. Read More at https://cointelegraph.com/news/austin-federa-leaving-solana-foundation-founder-double-zero?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Ether’s strength against Bitcoin “should go higher” over the next 6 to 12 months, according to a crypto analyst, following a stretch of underperformance. Read More at https://cointelegraph.com/news/bitcoin-ether-ratio-strength-eth-price-crypto-analyst?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Bitcoin has rallied 126% since January to reach $100,000, driven by Bitcoin ETF demand, April’s halving and Donald Trump’s US election win. Read More at https://cointelegraph.com/news/bitcoin-price-hits-100-000-first-time-new-all-time-high?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

US Federal Reserve Chair Jerome Powell also dismissed the idea that people see Bitcoin as a symbol of a lack of faith in the US dollar. Read More at https://cointelegraph.com/news/bitcoin-competes-with-gold-us-dollar-says-fed-jerome-powell?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Venture capital firm a16z sees use cases powered by AI and blockchain technologies among growth drivers in 2025. Read More at https://cointelegraph.com/news/decentralized-chatbots-govt-bonds-onchain-a16z-crypto-trends-2025?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound