Cleanspark targets 50 EH/s in first six months of 2025. The Bitcoin miner reached 37.5 EH/s in 2024, exceeding the projected hashrate amid expansion efforts. Bitcoin mining company CleanSpark has surpassed its 2024 operating hashrate target of 37 exahashes per second, hitting the key milestone amid expansion efforts in the US. On Dec. 23, the […] More
El Salvador’s festive holiday celebrations amid IMF restrictions. As the country adds to its Bitcoin (BTC) reserve, El Salvador’s Christmas 2024 celebration has a distinctive Bitcoin-themed Christmas tree, further demonstrating the country’s everlasting dedication to the original cryptocurrency. 🇸🇻 Bitcoin Christmas in El Salvador pic.twitter.com/EcXVS3QWPV — Watcher.Guru (@WatcherGuru) December 23, 2024 On Dec. 19, 2024, […] More
Bitcoin’s struggles continue as the asset fails to initiate a notable recovery, and its price is still below or around $96,000. The altcoins are not in great shape either, with many, such as XRP, ADA, and AVAX, still 3-4% down on a daily scale. BTC Keeps Struggling A lot can change in the cryptocurrency markets […] More
Bitcoin traders rapidly adjust their short-term BTC price outlook as support fails and BTC/USD heads further below $100,000. Markets News COINTELEGRAPH IN YOUR SOCIAL FEED Bitcoin (BTC) starts Christmas week at a bearish crossroads as BTC price support thins and forecasters see a chance of a major dip. A “bearish engulfing” on weekly timeframes makes […] More
TL:DR; After several consecutive weeks of charting impressive gains, BTC’s price tumbled by 15% from top to bottom last week and has failed to produce a notable recovery. The crowd has gone into a full Fear, Uncertainty, and Doubt (FUD) state, which could actually be beneficial for bitcoin’s upcoming price movements. Bitcoin/Price/Chart 23.12.2024. Source: TradingView […] More
Tokyo-listed Metaplanet has purchased another 9.5 billion yen ($60.6 million) worth of Bitcoin, pushing its holdings to 1,761.98 BTC. Metaplanet, a publicly traded Japanese company, has acquired 619.7 Bitcoin as part of its crypto treasury strategy, paying an average of 15,330,073 yen per (BTC), with a total investment of 9.5 billion yen. According to the […] More
BTC prices are currently down 12% from their all-time high of just above $108,000 on Dec. 17, and the correction appears to be deepening. The asset hit an intraday low of $93,810 during trading in Asia on Monday morning but recovered quickly to tap $96,000 before another slip. Those losses have resulted in a “bearish […] More
Japanese investment firm Metaplanet has purchased $60 million worth of Bitcoin, the largest single BTC buy it has made since it started acquiring the cryptocurrency in May. News COINTELEGRAPH IN YOUR SOCIAL FEED Japanese investment firm Metaplanet has made its largest-ever single Bitcoin purchase, scooping up nearly 620 Bitcoin as the cryptocurrency trades below $100,000. […] More
Bitcoin is now down around 11% after reaching its all-time high price of $108,135 on Dec. 17. News COINTELEGRAPH IN YOUR SOCIAL FEED Bitcoin has seen its first significant weekly price fall since Donald Trump’s election win kicked off a rally that sent the cryptocurrency soaring over six figures. Bitcoin (BTC) has dropped 10% on […] More
Bitcoin bull Michael Saylor has pitched a US crypto framework, saying a strategic digital asset policy can strengthen the dollar and neutralize the country’s national debt. News COINTELEGRAPH IN YOUR SOCIAL FEED MicroStrategy founder Michael Saylor has proposed a Digital Assets Framework for the United States that includes establishing a Bitcoin reserve he claims could […] More
VanEck has said a US Bitcoin reserve could majorly slash the national debt if the cryptocurrency grows to $42.3 million a coin by 2049. News COINTELEGRAPH IN YOUR SOCIAL FEED The United States could reduce its national debt by 35% in the next 24 years if it creates a reserve of 1 million Bitcoin, in […] More
Bitcoin’s recovery toward $100,000 could attract buyers to SUI, BGB, ENA, and VIRTUAL. Price Analysis COINTELEGRAPH IN YOUR SOCIAL FEED Bitcoin (BTC) is down roughly 8% for the week, but a positive sign is that the bulls aggressively purchased the weekly lows. After the recovery, analysts remain divided on the next directional move. Some expect […] More
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