On Jan. 3, the network’s hashrate briefly tapped 1,000 EH/s as miners continued adding capacity. Source: https://cointelegraph.com/news/bitcoin-hashrate-all-time-high-january-2025?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: January 2025
Dogecoin Keeps Surging as Fartcoin Rides AI Hype to All-Time High Price
Dogecoin is getting hot again, jumping by nearly 11% over the past 24 hours to continue gains from the last couple days—and another meme coin is even hotter, thanks in part to recent hype over AI-related tokens. DOGE is up to a current price of $0.375, the highest mark seen since December 18 amid a market-wide plunge. Dogecoin has now…
Cardano and Stellar Lead Altcoin Rally While Best Wallet Token Presale Hits $6.2M
Cardano (ADA) and Stellar (XLM) are shaking up the altcoin market today after a period of bearish price action. Both tokens have posted solid gains to start 2025 on a high. Meanwhile, Best Wallet’s token presale has just smashed past $6.2 million – adding even more buzz to an already exciting week for crypto. Cardano […] Source: https://news.bitcoin.com/cardano-and-stellar-lead-altcoin-rally-while-best-wallet-token-presale-hits-6-2m/
Cango Inc. Announces December 2024 Production Update for Crypto Mining Business
SHANGHAI, Jan. 2, 2025 /PRNewswire/ — Cango Inc. (NYSE: CANG) (“Cango” or the “Company”), a leading automotive transaction service platform in China, today announced its production update for crypto mining business in December 2024. Bitcoin Mining Update for December 2024 Metrics Dec 2024 1 Nov 2024 1 Number of Bitcoins produced 569.9 363.9 Average number of Bitcoins produced per day…
Big moves expected for crypto in Asia in 2025: Asia Express
Trump may take aim at digital yuan’s overseas expansion, Korean institutions will remain sidelined from crypto, and more: Asia Express 2025 Source: https://cointelegraph.com/magazine/digital-yuan-crypto-heavyweights-institutions-asia-express/?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
16 Years Later: How Bitcoin’s Genesis Block Sparked a New Era of Money
Sixteen years ago, the world witnessed the launch of a groundbreaking peer-to-peer electronic cash system, Bitcoin, by its enigmatic creator, Satoshi Nakamoto. This innovation sparked a revolution in how people perceive money, currency, and financial assets. Since the release of the Genesis block, over 877,000 blocks have been mined on the decentralized ledger network, marking […] Source: https://news.bitcoin.com/16-years-later-how-bitcoins-genesis-block-sparked-a-new-era-of-money/
Bitcoin bulls run at $97K: Key BTC price resistance levels to beat
Bitcoin traders are lining up crucial BTC price points as the market starts to show new-year signs of life. Source: https://cointelegraph.com/news/bitcoin-bulls-run-97k-btc-price-resistance-levels?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
BlackRock Bitcoin ETF Sees Record-High Outflow Thanks to Profit Taking
BlackRock’s iShares Bitcoin Trust (IBIT) spot Bitcoin exchange-traded fund (ETF) just saw record-high outflows on Jan. 2. Farside Investors data shows that on Jan. 2 IBIT saw $333 million worth of outflows—the highest ever reported for the Bitcoin ETF. Founder of Obchakevich Research Alex Obchakevich told Decrypt that “the main reason for the outflow is profit-taking by investors in early…
Ethena targets TradFi adoption with synthetic dollar in 2025 roadmap
Ethena’s “singular focus” for the first quarter of 2025 is the distribution of the “TradFi Wrapped” iUSDe synthetic dollar. Source: https://cointelegraph.com/news/ethena-launches-yield-bearing-synthetic-dollar-for-tradfi?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Mining Milestone: Bitcoin’s Hashrate Soars to Unprecedented Heights in the New Year
On the third day of 2025, Bitcoin’s hash rate soared, registering between 813 and 823 exahash per second (EH/s). This impressive peak is an ideal start to the New Year. Bitcoin Begins 2025 with an Unstoppable Surge The opening days of 2025 have ushered in new heights for Bitcoin’s hashrate. On Jan. 1, the cryptocurrency’s […] Source: https://news.bitcoin.com/mining-milestone-bitcoins-hashrate-soars-to-unprecedented-heights-in-the-new-year/