Trump supports moving Bitcoin mining production to the United States to increase the country's energy self-sufficiency, and stressed that this will resist the threat of central bank digital currencies.
ZeZhengThe US Consumer Price Index (CPI) data for May showed that the inflation rate remained at 0.3%, surpassing market expectations. However, on an annual basis, it decreased from 3.4% in the previous month to 3.3%. This cooling trend has sparked optimism in the market.
ZeZhengBitcoin advocates push Musk for BTC payments on X; Musk favors Dogecoin for its lower fees and scalability.
ZeZhengFollowing the deadly attack in Israel by Palestinian militant group Hamas, it has put cryptocurrency’s role in terrorist financing back in the spotlight. The U.S. Treasury Department recently announced its investigation on the $165 million in cryptocurrency which the agency believed to have helped Hamas before the militant group’s Oct 7 attack against Israel.
XingChiArthur Hayes criticizes G7 central banks, advocates for continued investment in Bitcoin and altcoins. Predicts potential rally fueled by FED's dollar-yen maneuvers and anticipates rate cuts. Encourages long positions, sees cryptocurrency market poised for resurgence.
Xu LinAs anticipation mounts for US Non-Farm Employment data, Bitcoin breaks records with $37B in futures open positions. Positive sentiment prevails as long positions dominate, driving expectations for new all-time highs.
Xu LinBitcoin surges above $71K as long-term investors and whales accumulate. Institutional interest via spot ETFs and new whales drive demand. Ethereum also sees increased investor interest.
Edmund'Rich Dad Poor Dad' author Robert Kiyosaki predicts Bitcoin will hit $350K by late August 2024, driven by his distrust of US leadership. Will this forecast crash and burn like some of his previous speculations?
KikyoBitcoin saw a slight increase in response to the ECB's rate cut. The ECB reduced rates to moderate monetary policy restriction, addressing inflation but not growth stagnation. The rate cut aims to lower borrowing costs in the euro area.
Xu LinBitcoin whales, owning over 40% of total BTC supply, continue accumulating, influencing market dynamics. Their buying spree amid high derivative positions indicates potential volatility ahead, despite current positive sentiment reflected in BTC's price.
Huang BoResearchers from PayPal's Blockchain Group propose incentivizing Bitcoin miners to adopt greener practices using economic principles, potentially reducing Bitcoin's environmental impact significantly.
Cheng YuanBitcoin uses half the energy that is wasted every year in the U.S.
BeincryptoOn-chain data shows the 30-day moving average of the Bitcoin mining hashrate is close to setting a new all-time high.
BitcoinistThe company is offering to move approximately 8,000 machines to Texas.
CoindeskDuke Energy, the second largest electric power provider in the United States, is reportedly considering bitcoin mining. According to reports, ...
BitcoinistThe PoW mining sector is of interest to the Biden administration. The White House is getting ready to publish a ...
BitcoinistThe Environmental Protection Agency or EPA keeps receiving mail. This time, 14 members of Congress provided the counterpoint and singled ...
BitcoinistLaw enforcement officers have uncovered a psychiatric clinic at Russia's oldest prison that was secretly converted into a bitcoin mining ...
BitcoinistBitcoinist“This quarter, we saw significant improvements in the energy efficiency and sustainability of Bitcoin mining, a trend that will continue,” said MicroStrategy founder and CEO Michael Saylor.
Cointelegraph