Trending News
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A sound engineer is getting ready to go live and mine Bitcoin at the same time by setting up a portable Bitcoin mining rig. The rig, which is mounted on a rack, uses free electricity from the venue. The setup involves several crucial components to ensure efficient mining during live events. The picture shown on…
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In a recent interview with “Scarce Assets,” Michael Saylor emphasized Bitcoin’s critical role in revitalizing struggling companies. During the discussion, Saylor argued that Bitcoin is the “universal merger partner” and a key solution for “zombie companies” in the Russell 2000. His recommendation? Recapitalize these businesses using Bitcoin to ensure their survival. According to Saylor, Bitcoin…
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Northwood Space, a startup led by CEO Bridgit Mendler, is making strides in the aerospace industry by developing scalable ground stations capable of quickly communicating with satellites. These stations, equipped with phased-array antennas, are designed for fast setup—within days—offering satellite operators rapid access to orbiting systems. Northwood’s innovation is centered on enabling seamless satellite communication…
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Gryphon Digital Mining has taken a significant step toward cementing its position as a low-cost operator by acquiring a Bitcoin mining operation powered by flare gas in Louisiana. The deal, valued at $1.5 million, involves up to 2.9 megawatts (MW) of operational capacity and includes 59 petahash per second (PH/s) of Bitcoin mining equipment. The…
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Microsoft is set to vote on a shareholder proposal related to Bitcoin at its upcoming annual meeting in December. The proposal, which will be decided during the meeting, is titled “Assessment of Investing in Bitcoin,” and was officially revealed in a recent SEC filing. This proposal reflects growing interest among shareholders regarding cryptocurrency, particularly Bitcoin,…
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According to Standard Chartered, Bitcoin may see a new all-time high of $74,000 before the U.S. presidential election in November 2024. Geoff Kendrick, the head of digital assets research at the bank, attributes this forecast to several key factors, including a steeper U.S. Treasury yield curve, growing interest in Bitcoin exchange-traded funds (ETFs), and the…
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Taiwan Semiconductor Manufacturing Company (TSMC) recently projected strong AI-driven demand that is expected to persist for ‘many years,’ in a report from yahoo finance. TSMC’s third-quarter earnings exceeded expectations, with net income surging over 50%. The company’s optimistic forecast indicates that AI-related sales could triple in 2024, accounting for 15% of its revenue. This announcement…
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Shohei Ohtani‘s historic 50/50 home run ball, marking his entry into the exclusive 50 home runs and 50 stolen bases club, was recently auctioned for a staggering $4.4 million. The Los Angeles Dodgers superstar hit the milestone ball on September 19, 2024, solidifying his legacy in Major League Baseball. The auction, managed by Goldin Auctions,…
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In the wake of strong reactions from key figures in the Bitcoin community, Michael Saylor has reaffirmed his stance on Bitcoin self-custody. Notably, Saylor faced backlash from prominent figures like Max Keiser, a senior Bitcoin advisor to El Salvador, and Ethereum founder Vitalik Buterin. The debate centers around Saylor’s views on how countries like El…
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After winning a bronze medal at the 2024 Paris Olympics, Nikola Jokic decided to reward his Serbian National teammates with an impressive gift. The Denver Nuggets superstar purchased 11 Rolex watches, spending a total of $375,500. Each watch is valued at $32,500. Jokic’s gesture was a way to celebrate the team’s achievement after defeating Germany…
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The FBI has arrested Eric Council Jr., a 25-year-old Alabama resident, for orchestrating the hack of the U.S. Securities and Exchange Commission’s (SEC) Twitter account, now known as X. The incident, which occurred in January 2024, resulted in a fraudulent tweet falsely claiming the SEC had approved a Bitcoin Exchange-Traded Fund (ETF), causing a temporary…
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Bitcoin continues to track global M2 money supply trends, and analysts are forecasting a potential surge in its price to $90,000 by the end of 2024. The M2 money supply, which measures cash and short-term bank deposits, has been a key indicator of Bitcoin’s performance in past cycles. As liquidity accelerates, Bitcoin is poised to…
