Coinshares’ Q3 mining report, led by researcher James Butterfill, highlights mounting costs and challenges impacting the bitcoin mining industry in 2024. How Bitcoin Mining Industry Giants Are Battling Rising Prices…
skolnes
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Bitcoin News
AI Startup Backed by Billionaire Peter Thiel’s Founders Fund Raises $500 Million
by skolnesCrusoe Energy is set to secure approximately $500 million in equity capital from investors including billionaire Peter Thiel’s Founders Fund. VC Firms Pour Billions into AI Startups Crusoe Energy, a…
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Russia reveals that over 30 nations are pursuing deeper engagement with BRICS, aiming to finalize an expansion list by the year’s end amid unprecedented alliance growth. Russia Confirms Over 30…
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Bitcoin News
Coinbase CEO to New SEC Chair: Apologize to the American People and Drop ‘Frivolous’ Cases
by skolnesCoinbase’s CEO calls on the next SEC chairman to drop “frivolous cases” and apologize to the American people for past actions, citing inconsistent crypto regulations. ‘Withdraw Cases, Apologize’: Coinbase CEO’s…
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Bitwise’s chief investment officer predicts bitcoin could reach $200,000 without a U.S. dollar collapse, outlining a path for the cryptocurrency to surge toward unprecedented highs. Bitcoin’s Path to $200K: No…
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Bitcoin News
Elon Musk Teases 69.420% on Trump’s Lead Over Harris as Biden Faces ‘Garbage’ Backlash
by skolnesElon Musk teased “69.420% coming soon” in a post about Trump’s lead over Harris, while Biden sparked backlash for allegedly calling Trump supporters “garbage.” Elon Musk Hints at 69.420% After…
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Bitcoin News
China’s QE Could Ignite Bitcoin Boom Like Never Before — Analysis by Arthur Hayes
by skolnesBitmex founder Arthur Hayes predicts China’s aggressive monetary easing could spark a historic bitcoin rally, as yuan expansion indirectly fuels crypto demand. Bitcoin Boom Incoming? Arthur Hayes Weighs in on…
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Bitcoin News
Another Satoshi Nakamoto ‘Unmasking’ Announced—But Bitcoin Community Isn’t Buying It
by skolnesIn a move billed as “historic,” a purported revelation of Satoshi Nakamoto’s identity is scheduled for a live press conference on Oct. 31, sparking debate and skepticism within the bitcoin…
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Altcoin
Crypto Analyst Says DeFi Altcoin Gearing Up for Liftoff, Updates Outlook on Solana and Dogecoin
by skolnesA crypto strategist who accurately called the Bitcoin (BTC) correction earlier this year thinks a decentralized finance (DeFi) altcoin is getting ready to erupt. Pseudonymous analyst Rekt Capital tells his…
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Bitcoin News
US State Official Urges Bitcoin Investment for Retirement Funds to Future-Proof Pensions
by skolnesA top financial officer of the U.S. state of Florida is advocating for state retirement funds to consider cryptocurrency investments, calling bitcoin a hedge against market volatility. US State Official…