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news-imageDecember 25, 2024

TeraWulf leases 70 MW for AI, raises the cost of Bitcoin mining

TeraWulf is moving into AI by leasing data center space to Core42. This deal will help the company provide over 70 MW of power at its Lake Mariner facility.
Publisher: Cryptopolitan
Sentiment: Negative
BTC

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Neutral
cover-imageCoinPedia
December 25, 2024

Russia Turns to Bitcoin to Fight Sanctions

Russia is shaking things up. Faced with mounting sanctions and struggling trade routes, the country is turning to Bitcoin and other digital currencies. This move isn't just about innovation—it's survival. With sanctions squeezing traditional payment systems, Russia wants to keep trade alive, no matter what.

Positive
cover-imageCointribune
December 25, 2024

Why Is Bitcoin Soaring This Christmas Day?

The crypto market experienced a genuine Christmas rally on December 25, 2024, with Bitcoin soaring to $98,000, resulting in an overall increase that added more than $100 billion to the market's total capitalization.

Positive
cover-imageCrypto Economy
December 25, 2024

AI Predicts Bitcoin's Price for 2025

TL;DR According to AI predictions, Bitcoin could reach values between $120,000 and $150,000 in 2025, driven by various global economic factors. The global economic environment favors BTC as a store of value, especially in contexts of inflation and low interest rates.

Negative
cover-imageCointribune
December 25, 2024

Bitcoin ETFs See Record Outflows Of $1.5 Billion

BlackRock's Bitcoin ETF is going through a tumultuous period marked by unprecedented capital outflows. The asset management giant recorded its largest daily outflow on December 24, contributing to a downward trend that has seen U.S. Bitcoin ETFs collectively lose over $1.5 billion in just four days.

Positive
cover-imageUToday
December 25, 2024

Economist Declares 'Santa Rally' on Bitcoin

Crypto enthusiasts have also embraced the idea of a Santa Rally; it is not just a concept found on traditional markets. Essentially, it describes an increase in asset prices in late December that is frequently driven by optimism, lower trading volumes and positive sentiment during the holidays.

Positive
cover-imageInvezz
December 25, 2024

Crypto today: FARTCOIN and iDEGEN steal the show as Bitcoin hits 99K

Cryptocurrencies witnessed a late Christmas rally as Bitcoin jumped from $93.6K to surpass $99K during Tuesday's late sessions. While the global crypto market capitalization soared 4.46% to 3.41 trillion, Fartcoin and iDEGEN dominated trends. FARTCOIN attracted attention with its explosive surges within the past 24 hours. The token soared from the lows of $0.

Positive
cover-imageCoinPedia
December 25, 2024

Matador Move to Bitcoin: What It Means for the Future

Matador Technologies has decided to bring Bitcoin into its treasury. This isn't some random gamble. The company is making a clear statement about where it sees the future heading. But why choose Bitcoin, and what does this mean for the broader financial world? Let's unpack it.

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