Month: February 2024

In a recent report, the community-driven, nonprofit electric provider in Texas, Denton Municipal Electric (DME), is attracting interest from several crypto mining companies seeking to establish operations. These companies are eyeing a five-year agreement for powering their mining activities. Texas’ Denton Municipal Electric in Talks With Unnamed Crypto Miners On Feb. 16, the Denton Record […] Source: https://news.bitcoin.com/texas-electric-utility-courts-unnamed-crypto-miners-with-five-year-deals/

The chief executive of Sound Planning Group has predicted a major bitcoin price surge, stating that the crypto is priced for “a serious rally.” He identified the upcoming Bitcoin halving and the adoption of spot bitcoin exchange-traded funds (ETFs) as key factors driving his bullish prediction for the cryptocurrency’s price. The financial advisor believes that […] Source: https://news.bitcoin.com/investment-advisor-bitcoin-is-priced-for-a-serious-rally/

Rich Dad Poor Dad author Robert Kiyosaki has predicted that bitcoin and silver will take off while gold will crash below $1,200. He urges investors to prepare for the “biggest crash in history” which he forecasted in his book years ago. Emphasizing that the Federal Reserve is “destroying” the U.S. economy, he advised: “Rather than […] Source: https://news.bitcoin.com/robert-kiyosaki-expects-bitcoin-to-take-off-foresees-gold-crashing-below-1200/

Barstool Sports kingpin Dave Portnoy is experiencing a serious case of crypto regret, wishing that he hadn’t sold his bitcoin. He also wishes that his company, Barstool, had invested $10 million in the crypto. “I’m so mad at myself about bitcoin. I should be up like 75% in bitcoin,” he stressed. However, Portnoy revealed to […] Source: https://news.bitcoin.com/dave-portnoy-regrets-selling-bitcoin-wishes-barstool-invested-10-million-in-btc/

Veteran trader Peter Brandt has warned that U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler should not be trusted. He stressed that Gensler “has a long history of not looking out for the interests of investors.” Brandt further emphasized that the SEC chairman “was instrumental in the bankruptcy” of a major company and was […] Source: https://news.bitcoin.com/peter-brandt-warns-against-trusting-sec-chair-gary-gensler-says-he-has-long-history-of-not-protecting-investors/

In the first month of 2024, Nigeria’s headline inflation rose from nearly one percent to 29.9%. However, on a year-on-year basis, the January 2024 headline inflation rate was 8.08 percentage points higher than the January 2023 rate. Many commentators identify foreign exchange shortages as the root cause of the naira’s poor performance against major currencies. […] Source: https://news.bitcoin.com/nigerias-headline-inflation-increases-as-central-bank-intensifies-foreign-exchange-controls/

Binance has announced a competition through its crypto derivatives arm, Binance Futures, offering participants the chance to win a Tesla Model Y. According to the crypto exchange, the contest will unfold over four weekly challenges spanning from Feb. 18 to Mar. 17, 2024. Binance Futures Unveils Tesla Model Y Challenge and Daily Crypto Rewards Beginning […] Source: https://news.bitcoin.com/binances-derivatives-arm-launches-tesla-model-y-and-bitcoin-voucher-challenge/

In the last 37 days, the newly introduced nine spot bitcoin exchange-traded funds (ETFs) have rapidly accumulated a remarkable total of 264,232.74 bitcoin, now valued at $13.5 billion based on the current exchange rates. Leading the pack, Blackrock’s IBIT ETF holds a substantial 43% of this total, with 115,989.80 bitcoins in its coffers. $13.5B in […] Source: https://news.bitcoin.com/new-wave-of-bitcoin-etfs-acquire-264232-btc-worth-13-5b-in-just-5-weeks-blackrocks-ibit-leads-charge/

Bitcoin is poised to chart new territory following the success of recently approved exchange-traded funds (ETFs), and the price of BTC could eclipse $80,000 this year, says Bitwise Chief Investment Officer Matt Hougan. The early success of the Bitcoin ETFs has shattered records among similar products, sparking a continuous flow of funds into Bitcoin since mid-January. In an interview with…

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‘Pixels’ Founder Luke Barwikowski on the Game’s Wild Rise and Ronin Move Ahead of the PIXEL token launch, Pixels game founder Luke Barwikowski joins Decrypt’s Andrew Hayward to discuss the hectic last few months—and why the game migrated between Ethereum scaling networks, from Polygon to Ronin. Source: https://decrypt.co/videos/interviews/3GbWbSMh/pixels-founder-luke-barwikowski-on-the-games-wild-rise-and-ronin-move