[ad_1] Este artículo también está disponible en español. Hut 8, one of the largest Bitcoin mining companies globally, has announced a significant strategic move aimed at creating a strategic Bitcoin reserve. The initiative, totaling $750 million includes a $500 million at-the-market (ATM) program and a $250 million stock buyback plan. Hut 8’s Strategic Bitcoin Reserve Initiative Hut 8’s CEO, Asher Genoot, articulated the company’s vision, stating that the launch of the new ATM Program and Stock Repurchase Program has equipped the business with “two powerful tools” that he believes bolsters the firm’s ability to endure the market’s volatility. Related Reading…
Author: dfrancis36
[ad_1] BitFuFu Inc. (NASDAQ: FUFU), a Bitcoin miner based on Wall Street, announced the launch of BitFuFu Pool, its private-label mining pool. The company also disclosed that it holds 1,664 BTC as of today (Thursday), reflecting its approach to treasury management. Bitcoin reached a notable milestone today, surpassing the $100,000 mark, with its market capitalization exceeding $2 trillion.BitFuFu Pool Launches, Offers 0.4% CommissionThe pool will offer commission rates as low as 0.4%. Starting next week, BitFuFu Pool will be available to users purchasing cloud-mining products and miner services through the BitFuFu app, with promotional benefits included.“With extensive R&D expertise and…
[ad_1] An analyst has placed these mid-term and long-term targets for Ethereum based on an Ascending Parallel Channel that has been forming in its weekly price. Ethereum Has Been Traveling Inside An Ascending Channel For A While Now In a new post on X, analyst Ali Martinez has discussed where ETH could be heading next based on a pattern forming in its weekly price chart. The pattern in question is the Ascending Channel from technical analysis, which is a type of Parallel Channel. A Parallel Channel is made up of two parallel trendlines between which the price of the asset…
[ad_1] Este artículo también está disponible en español. Ethereum (ETH) appears to be finally waking up from its slumber as the second-largest cryptocurrency by market cap has jumped 8% in the past 24 hours, surpassing the key $3,800 price level. Is An ETH God Candle On The Horizon? Ethereum’s rise appears to align with declining Bitcoin (BTC) dominance. This important metric is tracked to gauge the proportion of the total crypto market cap commanded by the top cryptocurrency. Related Reading According to the chart below, BTC dominance has been falling dramatically over the past two weeks – sliding from 61.1%…
[ad_1] Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has been on a remarkable upward trajectory, captivating investors and analysts alike. As of Thursday, December 5, 2024, Ethereum’s price has surged to $3,861, testing an intraday high of $3,908 – levels not seen since May of this year. This article delves into the factors driving Ethereum’s impressive rally, explores its market position, and examines future prospects for this blockchain giant. I also present some bold Ethereum price predictions for 2024, 2025 and 2030.Ethereum’s price has skyrocketed by an astonishing 66% over the past month, outpacing many of its cryptocurrency peers.…
[ad_1] The XRP price action in the past few weeks has been nothing but phenomenal. Particularly, the XRP price has surged by over 460% from its $0.5 range at the beginning of December to peak at $2.82 within the last 24 hours. This notable surge has brought XRP into the spotlight, with various discussions on social media and crypto trading forums around long-term predictions for the cryptocurrency. Among the voices celebrating this achievement is crypto analyst EGRAG CRYPTO, who revisited a bold forecast made in 2022 that accurately predicted that the XRP price will reach $2.82. His recent post on…
[ad_1] Este artículo también está disponible en español. Bitcoin has shattered previous records, soaring past the $100,000 milestone for the first time ever to reach an all-time high of $104,088 late Wednesday in New York. The flagship cryptocurrency had dipped to $94,587 on Wednesday but staged a remarkable comeback. Several key factors contributed to this unprecedented surge: #1 Fed Chair Powell Compares Bitcoin To Gold In a significant acknowledgment from the traditional financial sector, Federal Reserve Chair Jerome Powell discussed Bitcoin during the New York Times DealBook Summit. When questioned about the perception of Bitcoin as a symbol of faith…
[ad_1] FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together! Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and…
[ad_1] Russian President Vladimir Putin has made headlines with his recent remarks on using Bitcoin and the need for his country to reconsider its reliance on foreign currency reserves. Russian President Emphasizes Bitcoin’s Role Speaking at an investment conference in Moscow, Putin argued that the current geopolitical climate, particularly following the West’s freezing of approximately $300 billion in Russian reserves due to the Ukraine conflict, raises legitimate questions about the wisdom of holding state reserves in foreign currencies. Putin emphasized that the ease with which these assets can be confiscated for political reasons makes domestic investments in infrastructure, logistics, science,…
[ad_1] Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of…