Bouncing Lows, Mining Woes, and Fartcoin Highs

Last week was marked by bitcoin’s resilience and worries about mining centralization. Fartcoin’s rise to an all-time high added an unexpected layer of humor. This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get the editorial the second it’s finished. From Mining Centralization Worries to …

Bitcoin’s Future in Focus: 4 Economic Variables for 2025

Right now, bitcoin’s price is cruising comfortably over the $97,000 mark, and we’ve got just ten days until we wave goodbye to the year. Here’s a rundown of four big economic happenings that might steer bitcoin’s course in the future. A Look at 4 Big Trends Ready to Tilt Bitcoin’s Trajectory Bitcoin enthusiasts are all …

UAE Interior Ministry and FSRA Partner to Combat Virtual Assets-Related Crime

The United Arab Emirates’ Interior Ministry has signed a memorandum of understanding with the Financial Services Regulatory Authority to combat virtual assets-related crime. Strengthening Risk Mitigation Frameworks The United Arab Emirates (UAE)’s Interior Ministry has signed a memorandum of understanding with the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) to …

From Oilfields to Crypto Fields: Halliburton Invests in Bitcoin Mining Startup

Halliburton, the world’s second-biggest oilfield services firm, has taken a step into the bitcoin (BTC) mining space by investing in Austin-based startup 360 Energy. The move, made through Halliburton Labs, was highlighted in a report from Blockspace Media. Transforming Stranded Gas into Blockchain Power 360 Energy, also known as 360 Mining, has joined Halliburton Labs’ …

Investor Anthony Pompliano Says 2025 Will Be a ‘Great Year’ for Bitcoin – Here Are His Reasons

Pomp Investments founder Anthony Pompliano remains long-term bullish on Bitcoin (BTC) despite the flagship crypto asset falling below the $100,000 psychological price level. Pompliano says in a FOX 5 interview that “2025 will continue to be a great year for Bitcoin.” According to the investor, two factors are likely to drive the price of Bitcoin …

Over $225,000,000 in Crypto Distributed To Hack Victims of Collapsed Exchange Cryptopia After Years of Waiting

Hundreds of millions of dollars worth of crypto assets are being distributed to hack victims of the defunct crypto exchange Cryptopia. Investors who had accounts with Cryptopia – a New Zealand-based crypto firm that collapsed in May 2019 – will collectively receive $225 million worth of digital assets, according to a new press release by …

Billionaire Warren Buffett Abruptly Pours $563,000,000 Into Three Assets After Ditching Apple, Bank of America

Billionaire Warren Buffett just poured more than half a billion dollars into three assets. After dumping huge positions in Apple and Bank of America and hoarding $325 billion in cash, new SEC filings show the Berkshire Hathaway chairman and CEO has bought $405 million of Occidental Petroleum (OXY). Occidental Petroleum is a global energy company involved …

Bitcoin ETFs Records Largest Net Outflows in One Day Since Launch As $671,900,000 Yanked Out Amid BTC Plunge

New data from a crypto insights platform reveals that Bitcoin (BTC) exchange-traded funds (ETFs) saw the largest net outflows in one day since they launched in January. In a new thread on the social media platform X, market intelligence firm Spot On Chain says that Bitcoin ETFs witnessed hundreds of millions of dollars worth of …

FDIC Warns 68 US Banks in Danger of Insolvency As Lenders Face $364,000,000,000 in Unrealized Losses

The number of US banks saddled with major issues continues to climb, according to new numbers from the Federal Deposit Insurance Corporation (FDIC). In its Quarterly Banking Profile report, the FDIC says the number of US lenders on its “Problem Bank List” rose to 68 in Q3. The figure represents the fifth quarterly increase in the …

This Crypto Sector Could Rally by up to 5x in 2025 and Outperform Bitcoin, Ethereum and Solana, Says Analyst

Real Vision’s crypto analyst Jamie Coutts is outlining the major trends that the cryptocurrency industry is likely to witness in 2025. Coutts says on the social media platform X that the decentralized finance (DeFi) sector could go up by between 4x and 5x as a result of the traditional finance (TradFi) sector entering the space. …

Fuel for rent: Harnessing idle GPU power can drive a greener tech revolution

The following is a guest post by Jakub Ondrasek, CEO at Clore AI. Tech innovations such as AI, cryptocurrency, quantum computing and VR are redefining modern life. Most consumers don’t know how much high-performance computing power is needed to fuel such changes. This computing power is driving major breakthroughs, but it also contributes to one …

Market Madness: Bitcoin Dips, Most Meme Coins Tank, but Fartcoin Moonshots

Over the past week, bitcoin has dipped 4.18%, while ethereum has tumbled over 13% against the U.S. dollar. To make matters worse, a bunch of other digital currencies have taken an even bigger beating, with some plummeting by 20% or more. A Week of Double-Digit Losses for Most On Saturday, Dec. 21, 2024, the crypto …

Ethereum’s $15.3B Burn Bonfire: Over 4.5M ETH Destroyed Since EIP-1559 Activation

This weekend, data confirms that more than 4.5 million ether (ETH) have been burned on the Ethereum network since Aug. 5, 2021, marking the implementation of Ethereum Improvement Proposal (EIP)-1559. The Great Ethereum Burn Approximately three years and four months have passed since the London hard fork was activated, and during that time, 4,523,479.74 ETH …

Crypto All-Stars to Launch on Monday 23rd December After $26M Presale, Analysts Forecast Big Gains

The Crypto-All Stars ($STARS) presale has finally come to a successful end with nearly $26 million raised from investors. Now, the meme coin staking protocol is preparing to have its native token listed in the most important decentralized exchanges (DEXs). Trading for $STARS begins on December 23 at 2 p.m. (UTC), with analysts forecasting the …

Please enter CoinGecko Free Api Key to get this plugin works.
Exit mobile version