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Visa and Coinbase have announced a partnership to enable instant cryptocurrency transactions for U.S. and EU cardholders. This integration, leveraging Visa Direct, aims to enhance the efficiency of crypto transactions by allowing real-time funding of Coinbase wallets directly from Visa debit cards. The collaboration is timely, coinciding with recent regulatory changes and the evolving landscape…
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Colorado-based Bitcoin mining firm Revolve Labs has unveiled plans for a new $60 million data center in Glencoe, Minnesota. The proposed facility will include AI data centers, extensive cooling systems, and backup generators, strategically designed to optimize Bitcoin transaction processing while addressing noise concerns raised in prior locations. The planned site spans 6.2 acres and…
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According to Asicminervalue.com, the Bitmain Antminer L9 (17.6Gh) has emerged as a leading performer. Released in May 2024, it offers a hashrate of 17.6 Gh/s and consumes 3,260 W of power, generating an estimated daily profit of $55.42. Another notable miner is the Bitmain Antminer L9 (16.2Gh), also launched in May 2024. With a hashrate…
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Ethiopian Electric Power (EEP) announced that it generated over $25 million in revenue during the 2023/2024 fiscal year from electricity supplied to companies involved in data mining. This substantial income is part of EEP’s strategy to increase foreign currency earnings by billing domestic customers in U.S. dollars rather than Ethiopian Birr. Minilik Getahun, Manager of…
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The ‘tracert’ command, short for ‘Trace Route,’ is a network diagnostic tool that tracks the path data packets take from your device to a specified IP address or domain. By listing each hop and measuring the time it takes to travel between them, ‘tracert’ helps identify delays or connection issues along the route. For instance,…
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Elon Musk has publicly endorsed Howard Lutnick, CEO of Cantor Fitzgerald, for the position of U.S. Treasury Secretary, highlighting Lutnick’s potential to “actually enact change.” Lutnick, a prominent figure in the financial sector, has been a vocal advocate for cryptocurrencies, particularly Bitcoin. Under his leadership, Cantor Fitzgerald has managed Tether’s Treasury portfolio since 2021 and…
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Ross Ulbricht, the founder of the Silk Road darknet marketplace, has expressed profound gratitude toward supporters who voted for President Donald Trump, trusting him to honor his commitment to commute Ulbricht’s sentence. Ulbricht, who has been incarcerated for over 11 years, conveyed his optimism about regaining freedom, stating he can “finally see the light of…
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In the realm of telecommunications, multi-band devices, such as dual-band, tri-band, quad-band, and penta-band, are engineered to operate across multiple radio frequency bands. This capability enhances connectivity and performance by allowing devices to communicate over various frequencies. Dual-Band Routers: An Overview Dual-band routers function on two distinct frequency bands: 2.4 GHz and 5 GHz. The…
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Pennsylvania’s House of Representatives has introduced the Pennsylvania Bitcoin Strategic Reserve Act, aiming to authorize the state treasury to allocate up to 10% of its $7 billion reserves into Bitcoin. Representative Mike Cabell, the bill’s sponsor, emphasized that integrating Bitcoin could protect the state from inflation and position Pennsylvania as a leader in financial innovation.…
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In a significant development, the defunct cryptocurrency exchange Mt. Gox has transferred 32,371 Bitcoin (BTC), valued at approximately $2.2 billion, to unmarked wallet addresses. Blockchain analytics firm Arkham Intelligence reported that on November 5, 2024, Mt. Gox moved 30,371 BTC to the wallet address “1FG2C…Rveoy” and an additional 2,000 BTC to another unmarked address. This…
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BitcoinVersus.Tech Editor’s Note: We volunteer daily to ensure the credibility of the information on this platform is Verifiably True. If you would like to support to help further secure the integrity of our research initiatives, please donate here “The banks are not interested in us as a people. They are interested in our money. And…
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Saudi Arabia is embarking on a transformative journey to establish itself as a global leader in artificial intelligence through a series of strategic initiatives and partnerships. The Public Investment Fund (PIF) has announced a collaboration with Google Cloud to develop an advanced AI hub near Dammam in the Eastern Province. The AI center is projected…
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As the demand for artificial intelligence (AI) and cloud computing continues to surge, U.S. technology companies are increasingly competing with bitcoin miners for energy resources. This competition has intensified as data centers drive the fastest U.S. power demand growth since the early 2000s, far outpacing the expansion of the power grid. Major companies like Amazon…
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Cash App tops iOS App Store’s finance category, surpassing PayPal and Coinbase.
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BitcoinVersus.Tech Editor’s Note: We volunteer daily to ensure the credibility of the information on this platform is Verifiably True. If you would like to support to help further secure the integrity of our research initiatives, please donate here Michael Saylor, co-founder and executive chairman of MicroStrategy, has unofficially proposed distributing Bitcoin dividends to shareholders, aligning…
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BitcoinVersus.Tech Editor’s Note: We volunteer daily to ensure the credibility of the information on this platform is Verifiably True.If you would like to support to help further secure the integrity of our research initiatives, please donate here Siemens Digital Industries Software has unveiled a significant advancement in electronic systems design by integrating artificial intelligence (AI)…
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Renowned author Stephen King announced his departure from X (formerly Twitter) after 11 years, reflecting on the platform’s drastic transformation. King shared on Threads, “I quit Twitter. Eleven years, man. It really changed. Grew dark,” capturing a sentiment felt by many as X faces criticism over its shifting environment. King’s exit follows a series of…
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BitcoinVersus.Tech Editor’s Note: We volunteer daily to ensure the credibility of the information on this platform is Verifiably True.If you would like to support to help further secure the integrity of our research initiatives, please donate here Screven County, Georgia, has made history by becoming the first U.S. county to utilize the Bitcoin blockchain to…
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Cathie Wood, CEO of ARK Investment Management, has criticized SEC Chair Gary Gensler’s approach to cryptocurrency regulation, labeling him a “menace” to the digital assets sector. Wood argues that Gensler’s stringent policies have stifled innovation and driven talent abroad. Under Gensler’s leadership, the SEC has intensified enforcement actions against crypto firms, initiating 46 crypto-related cases…
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Cipher Mining has announced the acquisition of a new 300-megawatt (MW) data center site in West Texas, a move aimed at significantly scaling up its Bitcoin mining operations in the region. The company has agreed to purchase the site for $67.5 million, with an additional variable fee of $3 per megawatt-hour (MWh) for the first…
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Amazon has intensified its investment in artificial intelligence (AI) chip development, aiming to challenge Nvidia’s dominance in the sector. Through its subsidiary, Annapurna Labs, Amazon is advancing its custom AI chips, including the Trainium 2, designed to enhance the training of large AI models. Companies such as Anthropic, Databricks, Deutsche Telekom, and Ricoh are currently…
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The ipconfig command in Windows OS provides essential network configuration details, helping users view IP addresses, subnet masks, and default gateways, vital for resolving connectivity issues. Running ipconfig /all offers extended data such as DNS servers, DHCP settings, and MAC addresses. This command is commonly used in troubleshooting scenarios where network connectivity is interrupted or…
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BitcoinVersus.Tech Editor’s Note: We volunteer daily to ensure the credibility of the information on this platform is Verifiably True. If you would like to support to help further secure the integrity of our research initiatives, please donate here NBA legend Scottie Pippen recently declared his support for Bitcoin, joining forces with MicroStrategy’s co-founder Michael Saylor…
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In a candid post, Crypto Analyst Benjamin Cowen of highlighted the unpredictable dynamics of the crypto market. Addressing the disparity between planned investment strategies and the spontaneity of social media-driven buys, Cowen noted how some traders, without extensive planning, can outperform seasoned investors by simply jumping on trending memecoins. The statement reflects the challenge and…
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BitcoinVersus.Tech Editor’s Note: We volunteer daily to ensure the credibility of the information on this platform is Verifiably True.If you would like to support to help further secure the integrity of our research initiatives, please donate here Photo Credit: @AtibaJefferson In 2001, SLAM magazine’s 54th issue featured Shaquille O’Neal on the cover, but its true…
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Core Scientific, Inc. (NASDAQ: CORZ), a leader in digital infrastructure for bitcoin mining and high-performance computing (HPC), reported a net loss of $455.3 million for the fiscal third quarter of 2024, primarily due to a $408.5 million non-cash mark-to-market adjustment related to warrants and other contingent value rights. The company generated an operating loss of…
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Michael Saylor, Executive Chairman of MicroStrategy, has reiterated his belief that Bitcoin will surpass gold as a premier store of value. He stated, “Bitcoin is going to eat gold. It’s got all the great attributes of gold and none of the defects of gold.” MicroStrategy has significantly increased its Bitcoin holdings. As of September 20,…
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President Donald Trump is reportedly considering utilizing a recess appointment to replace Securities and Exchange Commission (SEC) Chair Gary Gensler, aiming to bypass the traditional Senate confirmation process. This strategy would allow the President to install a new SEC leader during a Senate recess, enabling immediate implementation of his regulatory agenda. The President’s intent to…
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ARK Invest, led by Cathie Wood, made headlines on August 27, 2024, by selling a significant portion of its Bitcoin holdings. The sale involved 1,717 Bitcoin, marking the largest single dump from ARK’s Bitcoin fund. This move has sparked considerable discussion in the cryptocurrency community, as it comes at a time when Bitcoin is under…
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Federal agents conducted a raid on the Manhattan residence of Polymarket CEO Shayne Coplan, seizing his phone and electronic devices. The action followed Polymarket’s accurate prediction of Donald Trump’s victory in the 2024 presidential election. The FBI has not publicly disclosed the reasons for the raid. However, sources suggest potential allegations of market manipulation and…
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A recent HBO documentary, Money Electric: The Bitcoin Mystery, has sparked controversy by suggesting that Bitcoin Core developer Peter Todd is the elusive Satoshi Nakamoto, the creator of Bitcoin. The film, directed by Cullen Hoback, points to Todd’s early involvement in the Bitcoin community and his cryptographic expertise as circumstantial evidence linking him to Nakamoto.…
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Norway’s central bank, Norges Bank, and the Swiss National Bank (SNB) have both strategically invested in MicroStrategy (MSTR), a company renowned for its substantial Bitcoin holdings. With an investment of 1,578,900 shares, Norway’s Norges Bank demonstrates its approach to gain indirect exposure to the cryptocurrency sector by leveraging MicroStrategy’s aggressive Bitcoin acquisition strategy. Through this…
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President-elect Donald Trump is reportedly set to appoint Senator Marco Rubio of Florida as Secretary of State, marking the first time a Latino would hold this position. The New York Times reported on that Trump appeared to have settled on Rubio for the role, though the decision is not yet final. Rubio, who has served…
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TIAA, a prominent financial services organization managing approximately $1.3 trillion in assets, has disclosed holdings of $51,921 in Bitcoin exchange-traded funds (ETFs) through recent SEC filings. The SEC’s approval of spot Bitcoin ETFs in January 2024 marked a significant milestone, enabling investors to gain direct exposure to Bitcoin through regulated financial products. This regulatory advancement…
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BitcoinVersus.Tech Editor’s Note: We volunteer daily to ensure the credibility of the information on this platform is True, Valid, and Verified. If you would like to support to help further secure the integrity of our research initiatives, please donate here: https://gofund.me/013a04eb All photos in this article belong to @trendkraft In a recent analysis, the 52Pi…
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The Kingdom of Bhutan has reportedly amassed a Bitcoin reserve exceeding $1 billion, positioning it among the world’s leading state-level cryptocurrency holders. Blockchain analytics firm Arkham Intelligence disclosed that Bhutan’s government, through its investment arm Druk Holding & Investments (DHI), holds approximately 12,568 BTC, valued at over $1 billion as of November 11, 2024. Bhutan’s…
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President-elect Donald Trump has unveiled the Department of Government Efficiency (DOGE), a bold initiative focused on streamlining federal operations and reducing wasteful spending. The department will be led by tech mogul Elon Musk and entrepreneur Vivek Ramaswamy, who have committed to transforming the structure of government through intensive cost-cutting. To accomplish this, DOGE is actively…
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Elon Musk has announced that all activities of the newly established Department of Government Efficiency (DOGE) will be publicly accessible online to ensure maximum transparency. This initiative aims to provide citizens with real-time insights into the department’s operations and decisions. The DOGE, co-chaired by Musk and entrepreneur Vivek Ramaswamy, was recently formed to streamline federal…
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NBA Hall of Famer Scottie Pippen recently drew a parallel between Bitcoin’s current trajectory and the Chicago Bulls’ emergence in 1991, suggesting a new era of dominance for the cryptocurrency. Pippen’s comparison underscores the growing mainstream acceptance of digital assets. Pippen’s engagement with the cryptocurrency community has been evident through his social media activity. In…
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Bitcoin’s price took a notable dip near the close of trading on Wall Street, dropping to approximately $87,000. After opening the day at about $91,772, Bitcoin’s value fluctuated as the market reacted to a mixture of economic indicators and investor sentiment. By the end of the day, the cryptocurrency had settled around $87,500 signaling potential…
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Following the German government’s decision to sell approximately 50,000 Bitcoin at $54,000 per coin, recent market dynamics have shown the potential financial impact of holding versus selling digital assets. With Bitcoin now trading at around $87,161, Germany’s early liquidation led to $1.1 billion in missed profits. The strategic decision, initially seen as a prudent way…
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The Plan ₿ Initiative, a collaboration between Tether and the city of Lugano, Switzerland, has introduced a remarkable statue honoring Bitcoin’s creator, Satoshi Nakamoto. Revealed during the 3rd Annual Plan ₿ Forum, this statue features a disappearing effect designed to symbolize Nakamoto’s mystery and anonymity in the cryptocurrency world. Located at Villa Ciani in Lugano,…
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NBA legend Scottie Pippen has once again grabbed attention in both the sports and cryptocurrency worlds. In a recent tweet to his 670,400 followers, Pippen shared a vivid dream in which Bitcoin’s mysterious creator, Satoshi Nakamoto, predicted a monumental shift for Bitcoin. According to Pippen, the real Bitcoin bull run will begin on November 15,…
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Linux distributions, commonly known as distros, offer a variety of options tailored to different user needs and preferences. Each distro combines the Linux kernel with specific software packages, resulting in unique features and functionalities. Ubuntu stands out for its user-friendly interface and strong community support, making it an excellent choice for beginners and general desktop…
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On November 13, 2024, Bitcoin’s price surged to an unprecedented $91,000, marking a significant milestone in the cryptocurrency market. The rise of Bitcoin has been attributed to a combination of factors, including increased institutional investment and favorable regulatory developments. Former NBA star Scottie Pippen drew parallels between Bitcoin’s achievement and the Chicago Bulls’ 1991 championship…
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Lockheed Martin has unveiled its vision for a sustainable lunar presence with its water-based lunar architecture, which aims to revolutionize how humanity approaches space exploration. The architecture is designed to support long-term missions on the Moon, focusing on utilizing water as a key resource for both human habitation and operational needs. This new approach is…
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President-elect Donald Trump has announced the formation of the Department of Government Efficiency (DOGE), appointing Elon Musk and Vivek Ramaswamy as its leaders. The initiative aims to streamline federal operations by reducing bureaucracy, eliminating excessive regulations, and cutting wasteful expenditures. Elon Musk, CEO of Tesla and SpaceX, along with entrepreneur and former presidential candidate Vivek…
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Russell Okung, a former NFL offensive tackle, made headlines in 2020 when he converted $6.5 million—half of his $13 million contract with the Carolina Panthers—into Bitcoin. His move, initially seen as unconventional, has turned out to be a lucrative investment as Bitcoin has surged in value. Today, Okung’s Bitcoin holdings are worth around $20 million,…
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MicroStrategy Inc., led by Michael Saylor, has achieved a new all-time high in its stock price, reflecting the company’s strategic investments in Bitcoin. The stock’s surge aligns with Bitcoin’s recent ascent to unprecedented levels, surpassing $90,000. The company’s substantial Bitcoin holdings, totaling approximately 279,420 BTC, have significantly contributed to its stock performance. A recent acquisition…
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Former U.S. President Donald Trump has officially announced his plan to establish a government efficiency commission if he wins the 2024 presidential election. This initiative will focus on reducing federal waste, and tech billionaire Elon Musk is set to lead the commission. Trump emphasized the importance of conducting a complete audit of federal agencies, stating…
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Incredible developments have emerged for MicroStrategy ($MSTR), which saw a 26% rally today. Despite this surge, the NAV multiple, a measure reflecting MicroStrategy’s market cap relative to its Bitcoin holdings (Net Asset Value), dropped to 3.1x from 3.4x last Friday. This lagging NAV multiple suggests that MicroStrategy may be undervalued relative to its Bitcoin holdings,…
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Coinbase, one of the world’s largest cryptocurrency exchanges and custodial platforms, showcases an undeniable preference for Bitcoin among its users, as reflected in the sheer volume of Bitcoin under its custodial care. With a total holding of $112.66 billion in assets, Coinbase’s portfolio is significantly shaped by Bitcoin, which alone accounts for $86.61 billion, translating…
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Tesla’s strategic investment in Bitcoin has once again surpassed the $1 billion mark, reflecting the cryptocurrency’s recent surge. In early 2021, Tesla acquired $1.5 billion worth of Bitcoin, aiming to diversify its cash holdings and maximize returns. Following the initial purchase, Tesla briefly accepted Bitcoin as payment for its vehicles but suspended the practice due…
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SpaceX’s Starship rocket, experienced a dramatic series of events that impacted the ionosphere. Four minutes after liftoff, the Super Heavy booster exploded at an altitude of approximately 56 miles, shortly after separating from the second stage. The remaining part of the spacecraft, continuing its flight, reached about 93 miles before combusting as well. These incidents,…
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The re-election of President Donald Trump has impacted the financial standings of the world’s wealthiest individuals. Collectively, the top ten billionaires experienced a remarkable increase in their net worth, totaling $64 billion. Elon Musk, CEO of Tesla and SpaceX, emerged as the most substantial beneficiary. His net worth soared by $26.5 billion, reaching approximately $290…
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The Federal Reserve has reduced its benchmark interest rate by 25 basis points, adjusting the federal funds rate to a target range of 4.50% to 4.75%. This decision follows a previous 50 basis point cut in September, reflecting the central bank’s ongoing efforts to balance economic growth with inflation control. Recent economic indicators suggest a…
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In the recent Mercer CFA Institute Global Pension Index, the U.S. retirement system received a C+ rating, highlighting its vulnerabilities and need for improvements to ensure retirees’ future security. This evaluation placed the United States 22nd out of 47 countries, aligning its performance with nations like Kazakhstan, Colombia, and Spain. Experts in the report point…
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The recent surge in Bitcoin’s value has led to a significant increase in the number of crypto millionaires. According to the latest data, the number of Bitcoin millionaires has more than doubled over the past year, rising by 111% to reach 85,400 individuals. This dramatic growth has been fueled by Bitcoin’s rally, which has seen…
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El Salvador‘s strategic investment in Bitcoin has yielded substantial returns, with the nation’s holdings now generating a profit exceeding $120 million. President Nayib Bukele’s administration began accumulating Bitcoin in 2021, aiming to integrate cryptocurrency into the country’s financial system. Recent surges in Bitcoin’s value have significantly enhanced the value of El Salvador’s digital assets. The…
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In July 2024, the German government sold approximately 50,000 Bitcoin at an average price of $54,000 per coin, totaling around $2.7 billion. By November 12, 2024, Bitcoin’s price had surged to approximately $88,000, significantly higher than the sale price. Had the government retained its holdings until November, the value would have been approximately $4.4 billion,…
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El Salvador’s strategic investment in Bitcoin has reportedly generated profits exceeding $525 million. President Nayib Bukele’s administration began purchasing Bitcoin in September 2021, aiming to integrate cryptocurrency into the national economy. The country’s adoption of Bitcoin as legal tender marked a pioneering move in the global financial landscape. Despite initial volatility and skepticism, the investment…
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Bitcoin’s price is approaching the $90,000 mark, driven by optimism surrounding President-elect Donald Trump’s pro-cryptocurrency stance. Since the election on November 5, Bitcoin has surged over 25%, reaching $89,637 in Asian trading sessions. Trump’s campaign promises to make the United States the “crypto capital of the planet” have fueled investor enthusiasm. This sentiment has also…
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Alliance Bernstein has projected Bitcoin’s price could surge to $200,000 by the end of 2025. Analysts point to the increasing interest from institutional investors and the limited supply of Bitcoin as key driving factors behind this forecast. The growing adoption by larger financial entities is anticipated to propel Bitcoin’s value significantly higher as competition for…
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In a significant development within the financial sector, BlackRock’s iShares Bitcoin Trust (IBIT) has surpassed its iShares Gold Trust (IAU) in assets under management (AUM), marking a pivotal shift in investor preferences. As of November 8, 2024, IBIT’s AUM reached approximately $33.1 billion, overtaking IAU’s $32.9 billion. Launched in January 2024, IBIT has experienced rapid…
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The median age of U.S. homebuyers has reached a Average U.S. Homebuyer Age Climbs to 56 Amid Rising Ownership Costs The average age of U.S. homebuyers has surged to 56, marking a six-year increase from 49 in 2023, according to the National Association of Realtors’ (NAR) annual report. This milestone represents a historic high, with…
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In a remarkable financial surge, Bitcoin has outperformed silver during the latest bull market, highlighting the growing dominance of Bitcoin over traditional commodities. As of November 12, 2024, Bitcoin’s price has soared to $85,327, marking a significant increase from previous levels. In contrast, silver’s price has experienced a modest decline, with the iShares Silver Trust…
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Nasdaq has officially filed with the U.S. Securities and Exchange Commission (SEC) to list and trade Bitcoin Index Options, marking a significant step toward expanding the cryptocurrency market. If approved, these options will allow institutional and retail investors to hedge their Bitcoin exposure and manage risks more effectively, following the CME CF Bitcoin Real-Time Index.…
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The cryptocurrency market is experiencing a surge in bullish sentiment as traders place substantial bets on Bitcoin surpassing the $90,000 mark. Recent data indicates that open interest in Bitcoin options contracts exceeding this price has risen to over $2.8 billion on the Deribit derivatives exchange, a leading platform for cryptocurrency futures trading. This significant investment…
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Jan van Eck, CEO of investment management firm VanEck, has expressed strong confidence in Bitcoin’s future performance, predicting that the cryptocurrency will continue to reach new all-time highs. In a recent interview, van Eck emphasized Bitcoin’s maturation and its growing acceptance as a store of value, stating, “Bitcoin is the obvious asset that’s growing up…
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On November 11, 2024, total spot Bitcoin exchange-traded fund (ETF) trading volume reached an unprecedented $6.9 billion, reflecting a surge in investor interest and market activity. This milestone underscores the growing acceptance of Bitcoin ETFs as a mainstream investment vehicle. BlackRock’s iShares Bitcoin Trust (IBIT) led the market, recording over $4.1 billion in daily trading…
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Florida’s Chief Financial Officer, Jimmy Patronis, has formally requested the State Board of Administration (SBA) to evaluate the feasibility of incorporating Bitcoin into the state’s pension fund investments. In a letter dated October 29, 2024, Patronis emphasized Bitcoin’s potential to diversify the state’s portfolio and act as a hedge against the volatility of traditional asset…
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TeraWulf Inc., a leader in Bitcoin Mining, announced the appointment of John Larkin as Senior Vice President and Director of Investor Relations. With over 25 years in capital markets, Larkin will report to CEO Paul Prager, leveraging his expertise to foster stronger institutional investor relations and enhance strategic communication for TeraWulf’s growing operations. His background…
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A recent analysis by the Bank of America Institute reveals that approximately 26% of U.S. households allocate over 95% of their income to essential expenses, leaving minimal funds for discretionary spending or savings. The study indicates a rise in paycheck-to-paycheck living across all income brackets since 2019. Notably, about 35% of households earning below $50,000…
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MicroStrategy, under the leadership of Executive Chairman Michael Saylor, has expanded its Bitcoin holdings by acquiring an additional 27,200 BTC for approximately $2.03 billion. This purchase, completed at an average price of $74,463 per Bitcoin, brings the company’s total holdings to 279,420 BTC, acquired at an aggregate cost of about $11.9 billion, averaging $42,692 per…
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Embarking on the journey to create my own Bitcoin mining data center has been an exciting endeavor, involving precise planning, careful equipment selection, and a focus on efficiency. Here’s a breakdown of the components I’m using and why each one is essential for achieving a streamlined mining operation. The cornerstone of my setup is the…
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Rhodium Enterprises, a prominent Bitcoin mining company, has officially filed for Chapter 11 bankruptcy in the Southern District of Texas. The filing includes six subsidiaries, citing liabilities between $50 million and $100 million. Despite these challenges, the company’s assets are estimated to be valued between $100 million and $500 million The bankruptcy comes as Rhodium…
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Riot Platforms Inc. is approaching the completion of Phase 1 of its Bitcoin mining facility in Corsicana, Texas, which will add 400 megawatts (MW) of capacity. Upon full development, the facility is expected to reach a total capacity of 1 gigawatt (GW), positioning it as one of the largest Bitcoin mining operations globally. The Corsicana…
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In a significant development for cryptocurrency mining technology, the BitAxe Gamma miner is now available with the Argon THRML 60 and Noctua NF-A6x25 cooling solutions, enhancing performance and efficiency. This integration pushes the boundaries of what’s possible in ASIC mining by providing optimal cooling capabilities that are crucial for overclocking scenarios, thus extending the machine’s…
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Ripple Labs CEO Brad Garlinghouse has expressed strong confidence in the future approval of an exchange-traded fund (ETF) for XRP, the cryptocurrency associated with his company. In a recent interview on Bloomberg Crypto, Garlinghouse stated that an XRP ETF is “just inevitable,” highlighting the growing demand from both institutional and retail investors for access to…
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Bodycam stands as a groundbreaking addition to the realm of multiplayer first-person shooter (FPS) video games. Developed by Luca and Leo, two passionate French developers aged 17 and 20, the game showcases an unprecedented level of photorealism using the next-gen capabilities of Unreal Engine 5. Their shared mission has been to redefine immersive gaming, offering…
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Recent research by the Exponential Science Foundation highlights a nuanced view of Bitcoin mining’s impact on global carbon emissions. While generally criticized for its energy consumption, the study points out that Bitcoin could actually support the expansion of renewable energy. By serving as a flexible load, Bitcoin mining can promote grid decarbonization. The study also…
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In a landmark development for the UK’s financial sector, an unnamed British pension fund has allocated 3% of its £50 million portfolio directly to Bitcoin. This strategic move, facilitated by pension advisory firm Cartwright, marks the first instance of a UK pension scheme investing in cryptocurrency. The decision followed a comprehensive due diligence process, addressing…
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Former President Trump’s push for Bitcoin to be “mined, minted, and made” in the U.S. is challenging the dominance of Chinese companies Bitmain, Canaan, and Whatsminer, which control the majority of the Bitcoin mining hardware market. Despite these efforts, Chinese firms continue to lead, while U.S. companies like Block, led by Jack Dorsey, are making…
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In a remarkable turn of events, Changpeng Zhao, known as CZ, the founder of Binance, has returned to the public eye after serving a four-month sentence in a U.S. federal prison for Anti-Money Laundering (AML) violations. Released on September 27, CZ’s brief incarceration marks him as the wealthiest person ever to serve time in a…
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Bitfarms Ltd. reported earning 236 BTC in October 2024, enhancing its total Bitcoin treasury to 1,188 BTC. This figure underlines the company’s robust mining activity across its 12 facilities spread across four countries. The expansion comes alongside an agreement with Stronghold Digital Mining, involving the hosting of 10,000 miners at the Panther Creek site in…
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Scientists at the U.S. Department of Energy’s Brookhaven National Laboratory have reached a new milestone with their development of the world’s highest voltage electron gun. This advancement is crucial to the Electron-Ion Collider (EIC), a groundbreaking project designed to explore the inner structures of atomic nuclei. Over a rigorous six-month test, the electron gun achieved…
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In April 2023, cryptocurrency analyst Benjamin Cowen forecasted that Cardano (ADA) would decline to 400 satoshis (sats) against Bitcoin (BTC). At that time, some Cardano supporters dismissed his analysis, with one individual reportedly taunting Cowen and subsequently blocking him on social media. As of October 2024, Cowen’s prediction has materialized, with ADA/BTC trading near 490…
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Emory University has made headlines with its investment of approximately $15.8 million in the Grayscale Bitcoin Mini Trust (BTC). This significant move places Emory among the pioneering higher education institutions to include Bitcoin ETF holdings in their endowment strategies. The university’s recent SEC filing highlights ownership of about 2.7 million shares in the trust, showcasing…
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Mawson Infrastructure Group has announced its expansion into Ohio, aiming to bolster its AI and high-performance computing (HPC) infrastructure. This strategic move is expected to increase the company’s total operational capacity from 129 megawatts (MW) to approximately 153 MW. The expansion will add 24 MW of capacity and extend their footprint within the PJM market,…
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Democratic Representative Nancy Pelosi has secured reelection to the U.S. House, representing California’s 11th Congressional District, as reported by the Associated Press on November 6, 2024. Associated Press Pelosi, who has served in Congress since 1987, continues her tenure as a prominent figure in American politics. The 84-year-old former House Speaker has been a pivotal…
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Bitcoin surged to a new all-time high of $77,000 on Friday, reflecting heightened investor enthusiasm following Donald Trump‘s recent election victory and his commitment to fostering a more cryptocurrency-friendly administration. The influx of capital into spot Bitcoin exchange-traded funds (ETFs) on Wednesday and Thursday significantly contributed to this price escalation. These ETFs, which directly hold…
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Asian private wealth managers are increasingly embracing cryptocurrencies, with 76% of family offices and high-net-worth individuals (HNWIs) already investing in digital assets. A recent report by Aspen Digital highlights a surge in crypto adoption across Asia, driven by the region’s growing recognition of digital assets as a strategic investment. Among these investors, 31% expect Bitcoin…
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Bitcoin mining operations in Texas using natural gas have gained traction as a profitable alternative for oil and gas producers dealing with stranded gas or limited market access. Recent data highlights that in Texas, selling natural gas through traditional pipelines often yields less than $2 per thousand cubic feet (mcf) due to market dynamics. By…
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The reason I had to change the color of the cursor was simply because I kept having a recurring issue with the cursor “disappearing” on different platforms. Changing your mouse color on Windows can improve cursor visibility, making it easier to locate on a complex screen and reducing eye strain. It also adds a personal…
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Federal Reserve Chair Jerome Powell has firmly stated that he cannot be dismissed or demoted by the President without cause, emphasizing the legal protections afforded to his position. During a recent press conference, Powell responded to inquiries about potential presidential interference by asserting, “Not permitted under the law.” This declaration underscores the Federal Reserve’s independence,…
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CRISPR Therapeutics has earned a place on TIME‘s “Best Inventions of 2024” list, celebrated for transformative gene-editing therapies that tackle complex genetic disorders. CRISPR’s revolutionary CASGEVY treatment, designed for sickle cell disease (SCD) and transfusion-dependent beta thalassemia (TDT), is the first FDA-approved CRISPR-based therapy. It harnesses CRISPR/Cas9 gene-editing to promote fetal hemoglobin production, significantly easing…
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Researchers from the Royal Melbourne Institute of Technology (RMIT) and Riga Technical University (RTU) have introduced an innovative method to generate electricity from polystyrene, a widely used but environmentally persistent material. This plastic-based foam, known for its resilience, often takes up to 500 years to decompose and accumulates significantly in landfills, with global production at…
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Printers are an essential part of many computing environments, and understanding how they work, as well as their maintenance and troubleshooting, is vital for the CompTIA A+ certification. There are several types of printers commonly found in workplaces and homes, each with unique characteristics. Laser printers, for instance, use a process involving a laser beam…
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BlackRock recently increased its holdings in the iShares Bitcoin Trust (IBIT), now owning 32,000 shares.
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The Bitaxe mining device has shown a unique performance pattern at startup, achieving hash rates up to 3 TH/s before stabilizing to a lower average of 300 – 400 GH/s. This surge in efficiency upon startup highlights the initial calibration and thermal conditions affecting mining hardware performance. Temperature Plays a Role in Efficiency Temperature plays…
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