Top 10 Bitcoin Mining Rigs of 2024: Leading the Charge in Crypto Earnings

Top 10 Bitcoin Mining Rigs of 2024: Leading the Charge in Crypto EarningsOver the past month, the valuation of bitcoin has seen a notable increase, leading to significantly enhanced profits for today’s most sophisticated application-specific integrated circuit (ASIC) bitcoin mining devices. As of March 16, 2024, the top ten ASIC miners focused on the SHA256 consensus algorithm are generating daily earnings ranging from $10 to $21, assuming […]

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Hope Rises Among XRP Proponents for a Significant Upswing Amidst Crypto Market Expansion

Hope Rises Among XRP Proponents for a Significant Upswing Amidst Crypto Market ExpansionIn the last week, XRP experienced a 19.9% increase in its value against the U.S. dollar, reaching a peak of $0.744 per coin on March 11, 2024. Its price has since retreated a hair, now trading at $0.685 per XRP. Although the digital currency’s market results haven’t captured as much attention as bitcoin and ethereum, […]

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Bitcoin Reaches New All-Time High Amid Dormant Coins Resurgence

Bitcoin surged to yet another all-time high, reaching $72,764, signaling a robust bull market. Notably, a significant influx of dormant coins is re-entering circulation, reinforcing the bullish sentiment. Despite the remarkable price performance, discussions surrounding Bitcoin remain relatively subdued, suggesting potential for further price gains. 🥳📈 #Bitcoin has hit another #AllTimeHigh of $72,764. Massive dormant coins are moving back into circulation, which is a primary validator of a #bullmarket. $BTC discussions are low relative to price performance, a sign that prices can continue climbing. https://t.co/LEXPRQg6uc pic.twitter.com/LP1nAyhGz3 — Santiment (@santimentfeed) March 11, 2024 The average age of investments has seen a

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As Bitcoin Soars, Peter Schiff Offers Gold as the Prudent Alternative

As Bitcoin Soars, Peter Schiff Offers Gold as the Prudent AlternativeWith bitcoin climbing over 50% in the past month, the notable gold aficionado and economist Peter Schiff has thrown shade at the market’s recent rally. Schiff argues that this uptick in value is nothing but “speculative mania” and advises folks to funnel their risky investments into gold instead. Schiff Warns of Speculative Mania in Bitcoin, […]

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Grayscale Aims to Launch Mini Bitcoin Trust for Lower Fees and Tax Benefits

Grayscale Aims to Launch Mini Bitcoin Trust for Lower Fees and Tax BenefitsGrayscale has revealed the submission of an S-1 form to the U.S. Securities and Exchange Commission (SEC) for the launch of a new, smaller version of its popular Grayscale Bitcoin Trust (GBTC). This initiative is designed to provide shareholders with exposure to bitcoin, reduced fees and potential tax benefits. Grayscale Unveils Bitcoin Mini Trust With […]

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From RBN to FLOKI: This Week’s Crypto Winners and Losers

From RBN to FLOKI: This Week’s Crypto Winners and LosersWhile bitcoin and ethereum have gathered 8.9% and 13.5% gains against the U.S. dollar this week, a large handful of crypto assets recorded double-digit rises. At present, the crypto economy is now valued at $2.72 trillion, up 3.62% over the past day. Crypto Economy Swells to $2.72 Trillion On Monday, over two dozen crypto assets […]

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Performance of AI-Related Crypto Tokens Driven by News and ‘Memetic Speculation’ — Coinbase

Since the beginning of the last quarter of 2023, artificial intelligence (AI)-related crypto tokens have not only outperformed the top two crypto assets but have also outpaced key AI stocks such as Nvidia and Microsoft. According to a report by Coinbase, much of this market-beating performance of AI-related tokens can be attributed to AI headline […]

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Bitcoin Whale From 2015 Moves ‘Sleeping Bitcoins’ Worth $163M as Historic Wallets Wake Up

Bitcoin Whale From 2015 Moves 'Sleeping Bitcoins' Worth $163M as Historic Wallets Wake UpAs bitcoin remains stable above the $69K mark, an entity from 2015 made onchain waves by moving 2,352.62 bitcoins valued at more than $163 million. This individual executed the transfer through 80 distinct transactions, after letting the bitcoins remain untouched for more than eight years. 2015 Bitcoin Cache Comes Alive On March 10, 2024, a […]

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The Tale of the Mysterious 2010 Bitcoin Whale: A Pattern of Consistent Liquidation Uncovered

The Tale of the Mysterious 2010 Bitcoin Whale: A Pattern of Consistent Liquidation UncoveredOnchain analysts are focusing on the significant whale transactions occurring this month, revealing that 3,000 bitcoin from 2010 block rewards have been moved for the first time in nearly fourteen years. However, what many may not realize is that this sequence of block reward disbursements from 2010 isn’t a new activity for this particular whale, […]

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‘Dutch & Razzlekhan’ — A Cinematic Dive Into the Bitfinex Hack

‘Dutch & Razzlekhan’ — A Cinematic Dive Into the Bitfinex HackThe intricate saga of the Bitfinex heist, involving the disappearance of $4 billion in bitcoin, is being adapted for film. “Dutch & Razzlekhan” aims to vividly depict the bold cryptocurrency theft that impacted the cryptocurrency sector in 2016. From Heist to Hollywood: The Bitfinex $4 Billion Scandal Hits the Big Screen Directed by Jon S. […]

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