Google’s nuclear power plan could revolutionize cryptocurrency mining
The advent of small modular reactors should make on-site nuclear energy economically feasible at scale. Go to Source
Bitcoin
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Crypto market matured ‘dramatically’ in 2024: Coinbase
Range-bound price action shouldn’t obscure the fast progress being made in bringing institutions and users onchain, Coinbase and Glassnode said in a Q4 report. Go to Source
Bitcoin Hits $67.9K Mark, Short Positions Liquidated in Wake of Price Climb
At 9:35 a.m. EDT on Tuesday, bitcoin reached a peak of $67,922. By 10:20 a.m., it was still riding high, trading between $66,905 and $67,101, marking a nearly 3% increase. This uptick pushed bitcoin’s seven-day gains to 6.7% against the U.S. dollar. According to recent data, ‘Uptober’ returns now sit at 3.83%. In the past … Read more
BTC price focus shifts to $69K as Bitcoin challenges 8-month downtrend
Bitcoin looks increasingly apt to ditch its consolidation range as BTC price volatility kicks in at the Wall Street open. Go to Source
Trump leads Harris, but POTUS won’t matter for Bitcoin: BlackRock’s Fink
As Trump extends his lead over Harris in the prediction markets, BlackRock CEO Larry Fink said it doesn’t matter to Bitcoin who occupies the White House. Go to Source
Bitcoin ETFs See Biggest Daily Inflow Since June—Find Out Which Funds Led the Pack
Fresh data reveals that the 12 U.S. spot bitcoin ETFs had their best day in four months, raking in $555.86 million in gains. Meanwhile, the nine spot ether ETFs also enjoyed a good Monday, pulling in $17.07 million in positive inflows. Bitcoin ETF Inflows Skyrocket While Ether Funds Capture Modest Gains The 12 bitcoin ETFs … Read more
Different this time? Bitcoin RSI says $233K BTC price possible in 2025
Bitcoin RSI is either on track to deliver a six-figure BTC price next year or “this time is different,” analysis says. Go to Source
Bitcoin Bull Market Drawdown Reaches -26% Amid Whale Accumulation And ETF Inflows
The 2023-24 Bitcoin bull market has experienced a -26% drawdown on a closing basis, a figure consistent with prior uptrend cycles. Despite Bitcoin’s historical resilience, the recent correction marks the most significant decline since the FTX collapse, highlighting a particularly challenging period for market demand. However, larger stablecoin balances on exchanges have positively correlated with … Read more
Metaplanet Buys 106 BTC, Total Holdings Now Valued at $56M
Metaplanet, a company listed on the Tokyo Stock Exchange, has once again expanded its bitcoin (BTC) reserves. On Monday, the firm revealed the purchase of 106.976 BTC for approximately ¥1 billion. This acquisition comes shortly after a similar buy last week, where 108.99 BTC was added to its holdings. With these recent additions, Metaplanet now … Read more
Blackrock CEO Larry Fink Declares Bitcoin an Asset Class, Rivaling Gold in Investment Potential
Blackrock CEO Larry Fink has emphasized bitcoin’s growing legitimacy as an investment, calling it an alternative to commodities like gold. “We believe bitcoin is an asset class in itself,” said the CEO of the world’s largest asset manager. Fink downplayed regulatory changes, arguing broader acceptance and liquidity will drive market expansion. With the firm’s bitcoin … Read more