Bitcoin (BTC) has surged past the $110,000 mark following a critical breakout above $108,900, positioning itself for a potential new all-time high of $130,000. Analyst Michaël van de Poppe predicted on June 10 that the current phase is likely a short consolidation period, a common pattern before increased upward momentum. The ideal buying range as … Read more
Over a decade ago, Bitcoin made headlines as a revolutionary digital currency. However, for early adopters, it did more than shift the financial system. It created millionaires out of mere hobbyists. With BTC trading at pennies in 2010 and now worth tens of thousands, the wealth generated is undeniable. Fast forward to today, and a … Read more
Brian Quintenz, US President Donald Trump’s nominee to chair the Commodity Futures Trading Commission (CFTC), has said that blockchain is a foundational technology poised to transform much more than just finance. In prepared remarks ahead of his Senate confirmation hearing shared with Cointelegraph, Quintenz pointed out the long-term impact of blockchain and cryptocurrencies. “I view … Read more
As technology evolves, the global mining industry is shifting to a green model powered by renewable energy. Leaders like AIXA Miner have built zero-carbon cloud mining networks using solar and wind energy, cutting unit energy consumption by 70%+ and using smart microgrids to sell surplus power for extra income. This model solves traditional mining’s high-carbon … Read more
Key points: The Coinbase Premium metric has reached its highest since February as US demand for Bitcoin accelerates. “Signs of overheating” remain absent, analysis says, predicting positive trends through the end of 2025. Exchange reserves continue to decline, with spot exchanges down 550,000 BTC in under a year. Bitcoin (BTC) is seeing a “surge in … Read more
Gorilla Technology Group Inc. is scheduled to release first-quarter 2025 results in the first half of June. The Zacks Consensus Estimate for earnings per share is pegged at 1 cent. The first-quarter earnings estimate has remained stable over the past 30 days. Meanwhile, the Zacks Consensus Estimate for revenues is pegged at $20 million. Image … Read more
After a lengthy public discussion about its possible effects, Bitcoin Core has merged the code that lifts the guardrails to filter nonfinancial data transactions by default. The changes that will be implemented in the upcoming version of the Core client have sparked a heated debate about the project’s future. Bitcoin Core Finally Merges Data Carrier … Read more
The Euro is pushing against the top of last month’s trading range, at 0.8460. The Pound loses ground, weighed by weak UK employment data. Above 0.8460, the H&S’s measured target is 0.8540. The Euro is trading higher on Tuesday with the Pound hit by downbeat UK employment figures, and soft wage inflation, which have strengthened … Read more
Societe Generale-FORGE (SG-FORGE), the crypto-asset arm of French banking giant Societe Generale, has announced the launch of a new U.S. dollar-pegged stablecoin, the USD CoinVertible (USDCV), set to operate natively on both the Ethereum and Solana public blockchains. The launch marks SG-FORGE’s second stablecoin initiative, following the EUR CoinVertible (EURCV) release in April 2023. Like … Read more
The Pound Sterling plummets against its major peers after the release of the weak UK labor market data for the three months ending April. UK ILO Unemployment Rate accelerated to 4.6%, the highest level seen since July 2021. Investors seek Sino-US trade meeting minutes for fresh cues on the US Dollar’s outlook. The Pound Sterling … Read more