Musicians are exploring Bitcoin's blockchain to address industry challenges, offering transparent, immutable ownership and rights protection. With tools like Ordinals and Audionals, artists reclaim control over their work and revenue in a decentralized framework. The post Musicians Explain How the Bitcoin Blockchain Can Fix the Music Industry appeared first on Cryptonews.
BitMEX co-founder Arthur Hayes opined that the upcoming presidential election is just a distraction from Bitcoin‘s (CRYPTO: BTC) long-term bullish trend. What Happened: Cited by pseudonymous trader ‘Arndxt' on X on Monday, Hayes predicts that a wave of liquidity from global central banks to fuel the next surge in cryptocurrency markets He suggests that Bitcoin's superior liquidity makes it a safer choice over altcoins, especially as China's potential monetary easing could further boost crypto markets.
Bitcoin struggles to reclaim $70,000 ahead of the US election, but analysts agree that volatility will be present before and after the election result is announced.
Some Bitcoin analysts see the BTC price heading above $80,000 immediately if Donald Trump beats Kamala Harris.
British pension specialist has guided the U.K.'s first pension to make an allocation into bitcoin.
This move may accelerate institutional crypto adoption, influencing global investment strategies and potentially reshaping traditional portfolios. The post First UK pension fund invests 3% of assets to Bitcoin appeared first on Crypto Briefing.
Bitcoin price trades below $70,000 as traders derisk ahead of the election. Will altcoins follow this trend or take advantage of BTC's consolidation?
Bitcoin investors have become very happy if they remained patient.
EigenLayer kicked off programmatic EIGEN token incentives for restakers in October.
Anthony Scaramucci, SkyBridge Capital's founder and a well-known voice in financial circles, has a bold perspective on the U.S. debt landscape and Bitcoin's potential trajectory. As the nation heads toward a pivotal election on Nov. 5, discussions around debt sustainability and economic strategies have intensified.
Alex Fazel, Chief Partnership Officer at Swissborg, sees Bitcoin (CRYPTO: BTC) well-positioned, regardless of the outcome of this week's presidential election. What Happened: Fazel highlighted on X on Monday that a Trump win might give crypto a stronger boost but even with a Harris win, the sector would likely perform well, though with slower growth.
Bitcoin dipped below $69,000, causing $350M in liquidations. Trump's declining odds coincide with Bitcoin's price drop.
Investors are fast throwing cash at new Bitcoin ETFs as the U.S. election nears, even amid growing volatility.
The U.S. elections draw near, market analysts are closely monitoring the potential repercussions for the cryptocurrency and stock markets. In a recent analysis, cryptocurrency expert Jason Pizzino delves into how the electoral clash between Donald Trump and Kamala Harris could shape financial market dynamics, particularly for Bitcoin.
At the same time, crypto investors are looking to reduce risk ahead of the U.S. election, driving bitcoin's crypto-market dominance to a cycle high.
The value of the ARK 21Shares Bitcoin ETF shares held by the state's pension fund increased by roughly $1 million since being reported.
A new research paper claims that Bitcoin mining bans could have unintended consequences for the environment.
As the US presidential election approaches, the Bitcoin price has found a stable support range between $68,000 and $69,000, just shy of its all-time high earlier this year. While the cryptocurrency has struggled to surpass this significant milestone, investor sentiment remains cautiously optimistic, with expectations for further price increases tempered by anticipated market volatility in the upcoming hours.
Bitcoin's recent rally meets resistance amidst U.S. election uncertainty, while altcoins face challenges. Market dynamics are influenced by economic resilience and evolving crypto regulations.
Deutsche Telekom and Bankhaus Metzler's pilot project converts surplus renewable energy into Bitcoin mining, enhancing grid stability and financial innovation.
Bitcoin's price is set for major volatility as the U.S. election approaches, with traders anticipating sharp moves based on whether Donald Trump or Kamala Harris wins the presidency. Market Watch: Bitcoin's Volatile Path Amid Trump-Harris Election With the U.S.
Bitcoin miners have explored several ways to raise cash and continue mining operations despite the growing hashrate surge.
Bernstein analysts predict a price target of $200,000 by the end of 2025 regardless of the US election outcome on Tuesday.
Buyers are back in the game at the beginning of the week, according to CoinStats.
Jeremie Davinci, an early Bitcoin investor and an important figure in the crypto community, has taken to his account on social media platform X (widely famous as Twitter in the past) to publish a tweet that shows his strong unfading belief in BTC.
Riot Platforms reports a significant increase in Bitcoin production and hash rate deployment for October 2024, highlighting operational efficiency and expansion plans.
Riot Platforms reported a 23% increase in total Bitcoin mined in October. The Bitcoin (BTC) mining and digital infrastructure firm, whose operation is one of the largest in the industry, announced on Nov.
Analysts at Bernstein predict Bitcoin price in 2025 could reach $200,000, driven by factors like institutional adoption and demand.
If you buy the narrative that the current administration hates crypto then a Trump win is better for the asset.
The cryptocurrency market is reacting to the upcoming US Presidential election after more than $288M was liquidated within 24 hours per Coinglass. Out of these liquidations, $142M were long, while $86M were short.
As the Fed meeting and elections loom, could Bitcoin finally surge past $70k, or are bearish forces too strong to let BTC rise? BTC teeters on the edge With the U.S.
As the U.S. faces the most consequential election of our lifetime, the Trump administration offers an unprecedented opportunity for the Bitcoin community.
According to data provided by CoinWarz, Bitcoin mining difficulty, a metric that shows how many hashes have to be generated to solve the next block, is on track to surpass 100 trillion this week.
The world is sitting up to watch the verdict of the American people with markets on suspense for the day as last minute preparations are in effect for what some suspect will be an all nighter for the election.
In a recent press release, Florida's Chief Financial Officer (CFO) Jimmy Patronis officially requested that the State Board of Administration (SBA) explore the feasibility, risks, and potential advantages of investing a portion of Florida's state retirement funds into cryptocurrency, with a specific focus on Bitcoin.
TL;DR Deutsche Telekom and Bankhaus Metzler launch a pilot Bitcoin mining project in Germany using surplus renewable energy. The project aims to stabilize the power grid during fluctuations by using Bitcoin mining as a “flexible load.” The initiative, called “Digital Monetary Photosynthesis,” converts excess energy into digital value, providing data for future energy applications.
The project, "Digital Monetary Photosynthesis," aims to utilize electricity from renewable sources that would otherwise remain unused.
Despite the market downturn and bearish sentiment across the cryptocurrency landscape, a wealth management firm has made a bold prediction for Bitcoin (BTC) ahead of the U.S. presidential election.
Deutsche Telekom's subsidiary MMS has partnered with Bankhaus Metzler to pilot a Bitcoin mining project in Germany, utilizing surplus renewable energy to stabilize the energy grid and convert excess power into digital assets. The post Deutsche Telekom Subsidiary Partners with Bankhaus Metzler for Green Bitcoin Mining Initiative appeared first on Cryptonews.
TL;DR Last week, digital asset investment products saw inflows of US$2.2 billion, bringing the total to US$29.2 billion so far this year. Euphoria surrounding a possible Republican victory in the US elections drove these flows, although small outflows were seen on Friday as polls changed.
Bitcoin emerged as the primary beneficiary, receiving $2.2 billion in inflows, while Ethereum and altcoins attracted significantly smaller investments.
Bitcoin spot exchange-traded funds (ETFs) registered a net inflow of $2.22 billion from October 28 to November 1. This surge marks the third-largest weekly inflow in the history of U.S. spot Bitcoin ETFs, highlighting a renewed wave of institutional interest in Bitcoin as market dynamics shift ahead of the upcoming presidential elections.
Prominent on-chain data tracker Whale Alert, which monitors large cryptocurrency transactions, has spotted a massive amount of Bitcoin withdrawn from Bybit. This whale currently holds a mammoth $3,569,790,542 worth of BTC.
MMS, a subsidiary of German telecommunications giant Deutsche Telekom, has entered a partnership with financial services firm Bankhaus Metzler, which will mine Bitcoin using its surplus energy. The pilot project will see both companies use excess renewable energy that would otherwise have gone to waste to mine BTC.
Deutsche Telekom, through its subsidiary MMS, is joining forces with Bankhaus Metzler to pilot the use of surplus renewable energy to mine Bitcoin (BTC). The collaboration, announced in a press release on Nov. 4, aims at a Bitcoin mining infrastructure operation that taps into renewable energy sources that would otherwise remain unused.
As Bitcoin hovers near $69,000, investors eagerly await the Fed's rate decision and U.S. election results, which could spark major price shifts. The post Bitcoin Price Analysis: BTC Nears $69,000 as Market Awaits Fed Rate Decision & U.S. Election appeared first on Cryptonews.
MMS, part of German telecom giant Deutsche Telekom, has launched a trial Bitcoin (BTC) mining project with Bankhaus Metzler. The mission of the project is to create a system for mining BTC that will use excess energy produced by renewable sources such as solar and wind and, as a result, help stabilize the country's power grid by using excess renewable energy.
CryptoQuant founder and CEO Ki Young Ju, on Monday highlighted that demand for Bitcoin spot ETFs has been robust, with significant net inflows at price levels above $61,000. What Happened: According to Young Ju, the sustainability of this trend hinges on Bitcoin (CRYPTO: BTC) maintaining its price above this key threshold.