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  • Bitcoin News

    Uncharted Territory: Bitcoin’s Mining Difficulty Reaches New Extremes

    by skolnes October 24, 2024
    October 24, 2024

    Bitcoin’s difficulty has soared once again at block height 866,880, reaching a record-breaking 95.67 trillion. Meanwhile, the network’s computational power is keeping pace, operating at a blazing 729.13 exahash per …

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    Global Finance Faces a Shift as Mbridge Digital Currency Platform Challenges US Dollar

    by skolnes October 24, 2024
    October 24, 2024

    The People’s Bank of China emphasized the Mbridge platform’s role in improving cross-border payments through the use of central bank digital currencies (CBDCs), aiming to reduce inefficiencies and avoid new …

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    Senator Claims BRICS Push to Ditch US Dollar Could Boost USD Global Dominance

    by skolnes October 24, 2024
    October 24, 2024

    U.S. Senator Bill Hagerty has warned of growing efforts by BRICS nations to bypass the U.S. dollar’s dominance but argued this could ultimately strengthen the status of the dollar as …

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  • Bitcoin News

    Brazil Calls for Unified BRICS Financial System, Challenging Western Hegemony

    by skolnes October 24, 2024
    October 24, 2024

    Brazilian President Luiz Inacio Lula da Silva has urged the creation of a unified financial system among BRICS nations. He emphasized the need for alternative monetary relations. Egyptian President Abdel …

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  • Bitcoin News

    Bitcoin Price Shows Bearish Engulfment After Breakout, Here’s How Far The Price Could Crash

    by skolnes October 24, 2024
    October 24, 2024

    Este artículo también está disponible en español. The Bitcoin price action is raising concerns after a failed attempt to push past critical resistance levels, with bearish signals now emerging. According …

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  • Bitcoin News

    Tesla Holds Bitcoin Steady After BTC Wallet Transfers Spark Speculation

    by skolnes October 23, 2024
    October 23, 2024

    Tesla has reported stable bitcoin holdings for Q3 2024, despite transferring its 11,509 BTC to new wallets. The move, which sparked speculation but did not signal a sale, suggests routine …

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  • Bitcoin News

    Bitcoin Bears Lose Control As BTC Net-Taker Volume Shifts Positive

    by skolnes October 23, 2024
    October 23, 2024

    Este artículo también está disponible en español. Bitcoin has been on an impressive surge since early September, rising by 31% from local lows around $53,000. However, after testing the $69,500 …

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  • Bitcoin News

    Self-Custody vs. Custodial Bitcoin: A Lesson From FDR ‘Forbidding the Hoarding of Gold’

    by skolnes October 23, 2024
    October 23, 2024

    Michael Saylor, the founder of Microstrategy, recently downplayed concerns about bitcoin confiscations, calling them a “myth.” He referenced Executive Order 6102, which compelled U.S. citizens to surrender their gold, to …

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  • Bitcoin News

    Ledn’s Lending Leap: Record $1.67 Billion in Loans Signals Institutional Confidence in Digital Assets

    by skolnes October 23, 2024
    October 23, 2024

    Ledn, a crypto lending platform, has announced $1.67 billion in loans processed year-to-date (YTD) as of Q3 2024, marking a milestone since its inception in 2018. This total includes $258.7 …

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  • Bitcoin News

    A Memecoin Gem From the Trenches

    by skolnes October 23, 2024
    October 23, 2024

    A bunch of treasure hunters, inspired by the film ‘The Goonies’, & their own quest & adventure, uncovered a blockchain treasure called KWIF, Kitten Wif Hat. What does that mean? …

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