Bitcoin has been holding steady at $90,258 to $90,509 over the last hour and indicators suggest a continuation of positive momentum, though minor pullbacks across timeframes hint at chances for strategic moves. Bitcoin Bitcoin‘s hourly chart showcases a recent climb to $91,909, followed by a slight dip. Recent drops signal bearish movement, but the decline […] Source: https://news.bitcoin.com/bitcoin-technical-analysis-btc-holds-above-90k-despite-consolidation/
SHANGHAI, Nov. 15, 2024 /PRNewswire/ — Cango Inc. (NYSE: CANG) (“Cango” or the “Company”), a leading automotive transaction service platform in China, today announced that it has completed the previously announced acquisition of on-rack crypto mining machines with an aggregate hashrate of 32 Exahash per second (“EH”) for a total purchase price of US$256 million in cash (the “Cash-Settled Transaction”)…
Mobile cryptocurrency apps have jumped towards the top of App Store rankings amid a surge for Bitcoin and other crypto prices, resulting in a major increase in the overall market cap for all coins—surpassing $3 trillion earlier this week. Coinbase leads the charge, jumping from #26 on Election Day to #1 on Friday in the Free Finance category of Apple’s…
On Friday, after a tough Thursday of losses, the 12 spot bitcoin exchange-traded funds (ETFs) faced another dip. Similarly, the nine spot bitcoin ETFs didn’t fare any better, wrapping up the day in the red. Bitcoin and Ether ETFs—Fidelity, Grayscale, Valkyrie, Bitwise, Ark Invest, and Vaneck Hit With $430M Outflows On Nov. 15, U.S. spot […] Source: https://news.bitcoin.com/crypto-etfs-take-a-hit-fidelity-and-grayscale-lead-losses/
War is more profitable than peace, and AI developers are eager to capitalize by offering the U.S. Department of Defense various generative AI tools for the battlefields of the future. The latest evidence of this trend came last week when Claude AI developer Anthropic announced that it was partnering with military contractor Palantir and Amazon Web Services (AWS) to provide…
Based on blockchaincenter.net’s “there is no second best” index—drawing from Michael Saylor’s well-known remark—Microstrategy’s strategy of purchasing bitcoin outshines what the company would have gained if it had opted for ethereum instead. Microstrategy’s Bitcoin Holdings Deliver, Leaving Ethereum Alternatives Behind Over the past month, bitcoin has held its own, but ethereum (ETH), the second-largest cryptocurrency […] Source: https://news.bitcoin.com/michael-saylors-no-second-best-holds-strong-as-btc-outpaces-hypothetical-eth-investment/
By now, you probably know that the advent of consumer-facing AI tools like ChatGPT, Anthropic’s Claude, and Google’s Gemini changes everything. If so, you might also know that the results you get from these tools are only as good as the “prompts” (or queries) you enter. Effective prompt engineering is way more complicated than doing a Google search. Knowing the…
Ether could drop another 50% against Bitcoin by the end of 2024 after entering a technical breakdown setup. Source: https://cointelegraph.com/news/ethereum-dying-slow-death-eth-breaks-8-year-trend-bitcoin?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
With a decisive electoral sweep of the presidency and Congress, Trump’s second term could mark a transformative era for bitcoin, crypto, and the broader blockchain industry. This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get the editorial the second it’s finished. Trump’s Victory Could […] Source: https://news.bitcoin.com/its-morning-in-america-for-crypto/
Forget a Bitcoin reserve—what about a Dogecoin government stash? That’s the idea of the former-joke-now-serious-cryptocurrency’s founder, Billy Markus, who floated the idea on Twitter (aka X). “Why not national Dogecoin reserve tho [sic],” he wrote on the platform Friday. Markus was responding to a post by prediction market Kalshi about bettors seeing an increasing chance of President-elect Donald Trump creating…
