Despite the Trump administration’s intention to restrict immigration, Elon Musk has a better idea. Killing two birds with one stone, he contended that the immigration of only highly qualified foreign workers to the US could save Silicon Valley. Musk wrote on his social platform X, “The number of people who are super talented engineers and … Read more
On Friday, as the weekend looms, bitcoin (BTC) is holding its ground at $96,751 per coin. Over at Coinbase, a curious twist has appeared over the past 11 days with a negative premium gap of $122, while South Korea is displaying a premium of 3.3% on bitcoin’s price. Bitcoin Price Divide Prior to bitcoin reaching … Read more
“It’s going to be a blitzkrieg”: Experts say a crypto-friendly Trump administration will rapidly breathe fresh life into the Ethereum ecosystem.
Inflows into crypto exchange-traded funds are a key driver of price performance, the asset manager said.
Ethereum’s historical Q1 performance shows strong average returns of 93%. ETH faces challenges in 2024, with a 35% decline against Bitcoin so far. Technical indicators suggest Ethereum may experience further short-term downside. Ethereum (ETH) has experienced a mixed year, lagging behind other major cryptocurrencies. However, Mister Crypto, an analyst, highlighted Ethereum’s historical performance in the … Read more
Even with Bitcoin surging past $100,000 for the first time, some critics have remained skeptical about the cryptocurrency’s future.
Even with Bitcoin surging past $100,000 for the first time, some critics have remained skeptical about the cryptocurrency’s future.
Bitget to burn 800 million BGB tokens, reducing the circulating supply by 40%. Quarterly burns will begin in 2025, using 20% of profits from exchange revenues. BGB will expand its utility by merging with Bitget Wallet Token (BWB) and supporting real-world crypto transactions. Bitget, one of the largest cryptocurrency exchanges, announced a bold plan to … Read more
KULR, a provider of electric energy storage solutions, has reported its first bitcoin purchase as part of a strategic shift toward establishing the leading cryptocurrency as a reserve asset. The company bought $21 million worth of bitcoin, amounting to 217.18 BTC. The purchase comes after the company announced that it would adopt a Bitcoin standard, … Read more
In recent weeks, much has been said about the wealth erased from various cryptocurrencies’ valuation. For example, in the seven days leading up to December 24 – and despite the rally on the day – Bitcoin’s (BTC) valuation collapsed by nearly $200 billion. Still, for all the frustration emerging from the apparent cancellation of the … Read more