PRESS RELEASE. Bitcoin shows high results at the start of Q4 with an average of 23.3% return showing a strong seasonal trend. It remains the best-performing asset and continues to capture the global attention of investors and market participants. “Bitcoin was almost the sole beneficiary, seeing US$2.2B of inflows last week, although the recent price […] Source: https://news.bitcoin.com/bitcoin-grows-as-satoshidex-the-first-bitcoin-dex-hits-the-market/
Month: November 2024
Coinbase Derivatives to Launch Silver and Stellar Futures
Coinbase Derivatives is expanding its portfolio of CFTC-regulated products with the introduction of futures contracts for silver (SLR) and stellar (XLM) in retail sizes on November 11. More Options for Retail Traders With Silver (SLR) and Stellar (XLM) Futures The latest addition to Coinbase Derivatives which already includes bitcoin (BTC), ethereum (ETH), bitcoin cash (BCH), […] Source: https://news.bitcoin.com/coinbase-derivatives-to-launch-silver-and-stellar-futures/
Here’s How US Astronauts Voted From Space
Frustrated by long voting lines? Imagine being stuck hundreds of miles above the Earth and needing to cast your ballot. That’s the reality U.S. astronauts find themselves in. Currently, four Americans are orbiting the Earth, including SpaceX astronaut Nick Hague, NASA astronaut Don Pettit, and stranded Boeing Starliner astronauts Butch Wilmore and Sunita Williams. Despite being 250 miles above the…
Reserves Threatened: China Urged to Dedollarize Its $3.3 Trillion Forex Stash
Economists are calling on China to curb the risks associated with holding over $3.3 trillion in its forex reserves. The concerns are directed at the possible measures the upcoming U.S. president might take against the country, including tariffs and unilateral sanctions. China Must Dedollarize Forex Reserves to Reduce Risks Economists have assessed China’s standing in […] Source: https://news.bitcoin.com/reserves-threatened-china-urged-to-dedollarize-its-3-3-trillion-forex-stash/
How Bitcoin Traders Are Playing the US Election
If you’re fixated on the price of Bitcoin, then you may already have your answer. On Election Day, America’s choice between former President Donald Trump and Vice President Kamala Harris carries consequences for the crypto industry—from a potential shakeup at the Securities and Exchange Commission (SEC) to the passage of a regulatory framework. It could take days to determine Tuesday’s…
MARA Reports 2% Increase in Bitcoin Mining for October 2024; Transaction Fees Account for 5% of Total Production
MARA (NASDAQ: MARA) has released its unaudited Bitcoin production update for October 2024, reporting a total production of 717 Bitcoin, which represents a 2% increase compared to the previous month. The company’s energized hash rate increased by 14% to reach 40.2 EH/s, marking the highest production month since the Bitcoin halving event in April. Despite […] Source: https://news.bitcoin.com/mara-reports-2-increase-in-bitcoin-mining-for-october-2024-transaction-fees-account-for-5-of-total-production/
Bitcoin Is Winning on Election Day—These Altcoins Are Doing Even Better
Bitcoin’s price is up for the day amid Election Day volatility—but some other cryptocurrencies are seeing even larger gains. BTC jumped above $70,500 on Tuesday but then dipped below the $69,000, evening out at a price of approximately $69,400 as of this writing. It’s still up by 3% over the past 24 hours, CoinGecko data shows. Over the past seven…
US Election Day, Large ETF outflows, FWOG hits $380M!
US Election Day, Large ETF outflows, FWOG hits $380M! BTC ETF see largest outflows since May. BTC briefly dips below 68k, OI falls $2bn. BTC hashrate hits another ATH. MT Gox transfers $2.2bn BTC to 2 wallets. Crypto prediction markets favour Trump 63%. Major crypto firms launch stablecoin network. Semler Scientific bought $71m BTC in Q3. First UK pension fund…
Meme Coin Investors Joining FreeDum Fighters Presale as Expert Says it Could 10x Like MAGA
Crypto investors have found their latest obsession in FreeDum Fighters (DUM), a cheeky political satire coin raking in serious cash during its presale. With over $420,000 already raised and experts predicting 10x gains, could FreeDum Fighters be the next big thing in PolitiFi? FreeDum Fighters Offers Up to 760% by Betting on AI Politicians FreeDum […] Source: https://news.bitcoin.com/meme-coin-investors-joining-freedum-fighters-presale-as-expert-says-it-could-10x-like-maga/
Bitcoin’s Difficulty Soars Past 100 Trillion—How Are Miners Adapting?
Bitcoin’s mining difficulty has climbed past an unprecedented 100 trillion, marking a new peak in the complexity of finding blocks on the network. Bitcoin’s Mining Difficulty Hits 100 Trillion The difficulty level increased by 3.94%, now sitting at 101.65 trillion. Essentially, this metric gauges the challenge of adding a new block to the Bitcoin blockchain. […] Source: https://news.bitcoin.com/bitcoins-difficulty-soars-past-100-trillion-how-are-miners-adapting/