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news-imageNovember 29, 2024

Major Bitcoin miners spent $3.6 billion on infrastructure

Bitcoin miners' major player has announced their third-quarter financial report, resulting in billions of dollars in funding and spending. According to TheMinerMag, on Nov. 28, key players in the cryptocurrency and Bitcoin mining industry published their financial reports.
Publisher: Crypto news
Sentiment: Neutral
BTC

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Positive
cover-imageCoinPedia
November 29, 2024

Switzerland Approves Bitcoin Mining Report

Switzerland's Bern canton parliament just gave the green light to a Bitcoin mining report, but not without stirring up some drama. The motion passed with 85 votes in favor and 46 against, despite opposition from the Government Council.

Negative
cover-imageTokenpost
November 29, 2024

Ex's Bitcoin Fortune ‘Accidentally Thrown Out': $569 Million Lost in Landfill Sparks Fiery Feud

A simple mix-up more than a decade ago has escalated into a multimillion-dollar nightmare, as a woman claims she accidentally disposed of her ex-partners hard drive containing access to his $569 million Bitcoin fortune. James Howells, a 39-year-old IT engineer from Newport, Wales, has been on a relentless mission to recover the lost drive, while his ex, Halfina Eddy-Evans, insists she isnt to blame.

Neutral
cover-imageCryptoSlate
November 29, 2024

US influence over Bitcoin grows with Trump victory

The United States has never been the largest market for Bitcoin or cryptocurrencies in terms of trading volume. Offshore exchanges, particularly in Asia, have consistently dominated global trading activity, with platforms like Binance and Huobi driving liquidity and volatility.

Positive
cover-imageBitcoin
November 29, 2024

Robert Kiyosaki Shares $500K Bitcoin Forecast — How It Compares to Other BTC Predictions

Robert Kiyosaki has highlighted AI's $500,000 bitcoin prediction for 2025, aligning with analysts citing institutional adoption, regulatory shifts, and growing demand. $500K Bitcoin in 2025? AI and Crypto Experts Share Bold Predictions Robert Kiyosaki, the renowned author of Rich Dad Poor Dad, has shared another striking forecast regarding bitcoin's future.

Negative
cover-imageBitcoinist
November 28, 2024

Peter Schiff Slams MicroStrategy's Bitcoin Bet: ‘It Will Crash'

A well-known gold advocate denounced MicroStrategy's investment plan to purchase more Bitcoin and build up its crypto reserve. Peter Schiff, a vocal critic of the firstborn cryptocurrency, also slammed the pro-crypto stance of President-elect Donald Trump, arguing that it is detrimental to the country.

Positive
cover-imageBeInCrypto
November 28, 2024

Here Is What Bitcoin (BTC) Price Needs to Reach $100,000

Bitcoin (BTC) is approaching a $2 trillion market cap, currently at $1.89 trillion, after rising 38% in the past month and breaking new all-time highs in November. Expectations remain high as BTC price nears the $100,000 milestone, a level it is less than 5% away from reaching.

Positive
cover-imageThe Currency Analytics
November 28, 2024

Bitcoin's Resilience: Why the Price Isn't Crashing Today

Bitcoin continues to defy bearish predictions, trading above the crucial $95,000 level and gaining over 3% in the last 24 hours. While the cryptocurrency market is known for its volatility, Bitcoin's resilience today is a testament to the factors supporting its bullish momentum.

Neutral
cover-imageCrypto news
November 28, 2024

Beyond Bitcoin: The next big trade and the real reason long-term holders are cashing out

Bitcoin (BTC) continues to face resistance at the psychologically important $100,000 threshold, and there has been a shift in investor focus from BTC to altcoins. Notably, tokens that rallied in the 2021 bull run and metaverse tokens like Decentraland (MANA) and Sandbox (SAND) have witnessed a resurgence in trade volume across centralized exchanges like Upbit.

Positive
cover-imageUToday
November 28, 2024

Swiss Canton Votes to Study Bitcoin Mining

The parliament of the Swiss canton of Bern has passed legislation to study Bitcoin mining, according to Samuel Kullmann, a Bitcoin-friendly member of the right-wing populist Federal Democratic Union of Switzerland (EDU) party.

Negative
cover-imageThe Currency Analytics
November 28, 2024

MicroStrategy's $30 Billion Wipeout: Is the Bitcoin Bet Too Risky

MicroStrategy, once hailed as a trailblazer for its audacious Bitcoin (BTC) investment strategy, is now under the microscope after a dramatic $30 billion loss in market capitalization within four days. This steep decline, triggered by Bitcoin's price correction, has reignited debates about the risks of the company's heavily leveraged crypto-centric approach.

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