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Ethiopia uses GERD, Africa’s largest dam for Bitcoin mining – Revenue hits 18%
As the year nears the end, Bitcoin has set up shop in the middle of East Africa. Ethiopia used its hydroelectric power, produced by the Grand Ethiopian Renaissance Dam (GERD), to facilitate Bitcoin mining. To that end, Ethiopian Electric Power (EEP) has converted latent energy into valuable digital assets, generating a revenue of 18%. Hiwot […]Cryptopolitan
Fri, Dec 27
Bitcoin Meets Bonds: Ramaswamy’s Strive Asset Management Files With SEC
Vivek Ramaswamy’s Strive Asset Management is joining the ETF bandwagon by formally filing the Strive Bitcoin Bond ETF with the Securities and Exchange Commission (SEC). In a 475A filing submitted on December 26th, Strive aims to leverage the changing investment landscape favoring Bitcoin, digi...Bitcoinist
Fri, Dec 27
A new hack in town – Crypto users warned of phishing attacks disguised as Zoom meeting links
SlowMist has brought attention to a new phishing scam targeting cryptocurrency users. The scam disguises itself as fake Zoom meetings to distribute malware that steals sensitive data. It involves counterfeit Zoom links that trick victims into downloading malicious files aimed at extracting cryptocurrency assets. According to blockchain security platform SlowMist, the attackers behind the scam […]Cryptopolitan
Fri, Dec 27
5 Best Altcoins to Buy Now as Bitcoin Bounces
2024 seems set to go out with a sigh, rather than a bang. After a hectic two months during which $BTC saw record-setting, all-time highs and the crypto market cap surged dramatically, investors have settled down considerably. It was only September – barely four months ago – when investor confidence,...Bitcoinist
Fri, Dec 27
Bitcoin Price Forecast: BTC misses Santa rally even as on-chain metrics show signs of price recovery
Bitcoin (BTC) price hovers around $97,000 on Friday, erasing most of the gains from earlier this week, as the largest cryptocurrency missed the so-called Santa Claus rally, the increase in prices prior to and immediately following Christmas Day.Best Wallet Presale Raises $5.8M, Overrides ‘Decembear’ Doubts
The Best Wallet presale has raised over $5.8M. In the four days before Santa did his rounds, it garnered an additional $500K, easing any ‘Decembear’ doubts. Still, this month has presented unfavorable times for the broader crypto market. On December 17, $BTC was valued at a hefty $108K, but it’s dro...Bitcoinist
Fri, Dec 27
Bitcoin’s Realized Capitalization Surges To 2019 And March 2024 Level Amid Improving Market Sentiment
Following the recent upswing in Bitcoin’s price, old and new investors are beginning to demonstrate robust confidence in its long-term potential. This is evidenced by an increase in interest and accumulation of the digital asset as it draws closer to resistance levels that are crucial for its ...Bitcoinist
Fri, Dec 27
Dogecoin Price Gaining Another 179% in December Is Unlikely, But This DOGE Alternative Under $0.003 Will Hit $15 in the Next 3 Months
The rise of memecoins like Dogecoin (DOGE) has always been fueled by their potential for rapid, explosive gains. But as analysts grow doubtful of DOGE achieving another 179% price surge by December, investors are shifting their focus to a promising alternative Lightchain AI (LCAI). Currently priced under $0.003, LCAI is gaining momentum thanks to its […]Cryptopolitan
Fri, Dec 27
XRP tanks in South Korea, affecting global markets as lawmakers impeach acting president Han Duck-soo
South Korea’s ongoing political upheaval continues to derail its economy and crypto markets. XRP and the local currency, the Korean won (KRW), have experienced notable drops in market value amid the impeachment of acting President Han Duck-soo. Investors are now worried that market reactions will reverberate far beyond the country’s borders. As news of Han’s […]Cryptopolitan
Fri, Dec 27
Bitcoin set to finish an outstanding year steep in the red
Bitcoin is sliding into the year’s final days like a boxer on the ropes. After punching through records and shaking up financial markets, the apex crypto is now bleeding value. As of press time, Bitcoin was trading at $95,260, down 4% in 24 hours. After an incredible year, BTC looks dead set on finishing in […]Cryptopolitan
Fri, Dec 27
Bitcoin Could Crash To $70,000, Warn Leading Financial Analysts
The recent rejection at the $100,000 has prompted a wave of warnings from leading financial analysts, who caution that Bitcoin could be poised for a significant pullback toward the $70,000 region or, in some cases, even $60,000. Ali Martinez (@ali_charts), a crypto analyst, compiled the viewpoints o...NewsBTC
Fri, Dec 27
‘Crypto president’ Trump takes the spotlight away from Europe’s fancy MiCA regulation
Donald Trump’s crypto-friendly America is stealing Europe’s thunder, and it’s not even subtle. While the European Union spent years crafting its shiny new Markets in Crypto-Assets Regulation (MiCA), Trump came in swinging with promises to make the U.S. “the crypto capital of the planet.”Crypto Prices Today and Altcoins to Soar Tomorrow
The Fear & Greed Index shows the crypto market is indecisive (or cooling off after the pre-holiday rush). $BTC stands at $94K, $ETH at $3.3K, and $XRP at $2.14. Most tokens were in the red this week, but that doesn’t mean there’s no hope for a bullish turn. Seasoned traders know you ...Bitcoinist
Fri, Dec 27
Tether invests $2M in Arcanum Capital’s Web3 fund
Tether, the world’s largest stablecoin issuer, is looking to diversify its operations and broaden its influence in Web3 technology. The company has made a $2 million injection into Arcanum Capital’s Emerging Technologies Fund II, signaling its commitment to advancing Web3 projects. As reported by the Financial news portal Traders Union, Tether’s investment in Arcanum Capital’s […]Cryptopolitan
Fri, Dec 27
Bitcoin dominance collapses to zero on TradingView, debunked as glitch
Bitcoin faced significant price turbulence on December 26, disrupting the typically calm trading conditions seen during the holiday period. A glitch in TradingView’s chart erroneously displayed Bitcoin crypto market dominance as 0%, triggering panic among traders and market participants.South Korean stocks lean on Trump and AI amid political disaster
South Korea’s stock market is in free fall. It’s chaos out there, and no one knows where the bottom is. The Kospi, the nation’s flagship index, is on its longest losing streak since 2008, plummeting over 8% in 2024. Compare that to a global rally of 18%, and you’ve got a mess big enough to […]Cryptopolitan
Fri, Dec 27
