January 20, 2025
Saylor of MicroStrategy suggests purchasing Bitcoin for the eleventh week in a row
The current value of MicroStrategy's Bitcoin assets is over $47.3 billion, meaning the company has seen a nearly 69% return on investment. On January 19, MicroStrategy co-founder Michael Saylor shared the Bitcoin chart for the eleventh consecutive week, indicating that a buy of BTC is imminent the next day. Saylor's social media post, "Things will be different tomorrow," was probably a reference to President-elect Donald Trump's inauguration on January 20. On January 13, the business acquired 2,530 Bitcoin, which is worth about $243 million. This increased MicroStrategy's total holdings to 450,000 Bitcoin. As part of its 21/21 plan to raise...
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January 20, 2025
Saylor of MicroStrategy suggests purchasing Bitcoin for the eleventh week in a row
The current value of MicroStrategy's Bitcoin assets is over $47.3 billion, meaning the company has seen a nearly 69% return on investment. On January 19, MicroStrategy co-founder Michael Saylor shared the Bitcoin chart for the eleventh consecutive week, indicating that a buy of BTC is imminent the next day. Saylor's social media post, "Things will be different tomorrow," was probably a reference to President-elect Donald Trump's inauguration on January 20. On January 13, the business acquired 2,530 Bitcoin, which is worth about $243 million. This increased MicroStrategy's total holdings to 450,000 Bitcoin. As part of its 21/21 plan to raise...
January 19, 2025
The Blake2b Algorithm and the Best Blake2b Coins for Minin
OVERVIEW The Blake algorithm serves as the foundation for the cryptographic hash function Blake2b. Blake2b is actually a modified form of Blake. Blake2, which was created by Jean-Philippe Aumasson, Luca Henzen, Willi Meier, and Raphael C.-W. Phan, was viewed as a possible substitute for MD5 and the SHA series algorithms since it seeks to offer more efficiency and security. The Blake2b Algorithm: What is it? Blake2b relies on an algorithm that was taken from Daniel J. Bernstein's ChaCha stream cipher. Let's take a closer look at the Blake2b algorithm, its features, and the best Blake2b mineable coins. Compared to earlier...
January 16, 2025
As the altcoin reaches new all-time highs in 2025, the major price metric for XRP is up 300%.
As the altcoin surged to new all-time highs, XRP's open interest has grown by $6 billion since the beginning of the month. For the first time since 2017, XRP $3.29 has entered a price discovery period. This is only the second time in the altcoin's history that it has shown a three-month uninterrupted green candle, and the current run is significantly more noteworthy than the March–May 2017 stretch. A break above $3.40 will confirm a definite all-time high, even though the altcoin has reached a new all-time high on some platforms. In just 16 days, XRP's open interest increased over...
January 16, 2025
Thailand cracks down on Polymarket and looks to approve spot Bitcoin ETFs.
While the government cracks down on Polymarket for alleged illicit gaming operations, Thailand's SEC is examining proposals for stablecoins and spot Bitcoin ETF listings. The Securities and Exchange Commission (SEC) of Thailand is thinking about permitting spot Bitcoin exchange-traded funds (ETFs) to list on regional markets for the first time. SEC Secretary-General Pornanong Budsaratragoon stated on January 14 that the agency is determining whether or not institutional and ordinary investors might trade spot Bitcoin ETFs worth $99,400 locally. According to Bloomberg, Pornanong stated, "Like it or not, we have to move along with more adoption of cryptocurrencies worldwide." "We must...
January 14, 2025
Top 7 ASIC Miners of 2025
RECAP ASIC miners have transformed the crypto-mining business by enabling miners to mine their favorite coin effectively. Unlike general-purpose equipment like CPUs and GPUs, ASIC miners are specially designed for the single cryptocurrency’s mining algorithm.Moreover, ASIC miners have greater hash rates, enabling miners to solve complicated cryptographic problems rapidly and mine their favored coins quicker despite the mining difficulty.Here are the top 7 ASIC miners of 2025 that you may utilize for mining cryptocurrency. ASIC Mining Explained Crypto mining entails solving challenging cryptographic riddles and is a sophisticated technological process. ASIC miners are perfect for mining cryptocurrencies as they are...
January 13, 2025
As S&P 500 repeats, Bitcoin needs a "sharp bounce" at $88K. COVID-19 incident
Amid fears of further declines in the price of bitcoin, it joins US stocks in what analysts refer to as a "bearish overreaction" to employment statistics. On January 11, Bitcoin's price of $93,883 was just below $95,000 following a day filled with events that caused a "bearish overreaction." Stocks and bitcoin suggest an "overreaction" to US jobs statistics. During the week's last Wall Street trading session, Cointelegraph Markets Pro and TradingView data showed both up and down volatility. Prior to a sharp recovery that witnessed a $2,000 hourly candle and new local highs, US employment statistics first sent BTC/USD back toward...
January 10, 2025
2025's Top Dogecoin Miners [Updated List]
OVERVIEW Dogecoin, which was developed in 2013 as a playful substitute for conventional cryptocurrencies, has emerged as a promising altcoin in the cryptocurrency market. Because it is comparatively simpler to mine than other cryptocurrencies, Dogecoin is preferred by many. After Elon Musk of Tesla repeatedly endorsed Dogecoin in his tweets, it gained enormous popularity. Furthermore, unlike Bitcoin or Litecoin, which are halved to create scarcity, Dogecoins are made to be plentiful. Dogecoin mining is one of the possible areas to investigate in the cryptocurrency world, with about 10,000 new Dogecoins mined every minute and no upper limit on supply. Let's...
January 08, 2025
After purchasing a $97K dip, KULR Technology projects a $200K Bitcoin price.
The primary factors influencing Bitcoin's price trajectory in 2025, according to Binance Research, will be the US Federal Reserve's monetary policy trajectory and emerging crypto regulations, Cointelegraph said. The New York Stock Exchange-listed KULR Technology Group, which purchased millions of Bitcoin after the slump, predicts that the cryptocurrency might peak at $200,000 during the 2025 market cycle. According to a statement sent to Cointelegraph, on January 6, KULR Technology Group purchased $94,435 worth of Bitcoin, or more than $21 million, at an average price of $97,391. According to Cointelegraph Markets Pro statistics, the $21 million buy took place just hours...