BIT Mining’s Expansion Into Dogecoin And Litecoin Yields Triple Profit Of Bitcoin Mining

BIT Mining's expansion into Dogecoin and Litecoin triples Bitcoin mining profit

Cryptocurrency mining company BIT Mining has reported substantial profits from expanding its operations to include Dogecoin (DOGE) and Litecoin (LTC). On December 4, 2024 the company revealed that the extraction of these Proof-of-work coins have proven to be almost three times more profitable than focusing solely on Bitcoin (BTC). Since launching DOGE and LTC mining … Read more

Key Factors Fueling The Surge

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This article is also available in Spanish. Bitcoin shattered previous records, surpassing the $100,000 mark for the first time and hitting an all-time high of $104,088 in New York on Wednesday. The flagship cryptocurrency had fallen to $94,587 on Wednesday, but staged a notable comeback. Several key factors contributed to this unprecedented surge: #1 Fed … Read more

Bitcoin Officially Hits $100,000 For The First Time Ever

Bitcoin Officially Hits $100,000 For The First Time Ever

Follow Nikolaus on 𝕏 Here for daily posts When Bitcoin was first launched by Satoshi Nakamoto, there was no price. It was literally worth $0. The price of bitcoin first surpassed $100 in April 2013 and was filmed reaching an all-time high of $111. In the same year, in December, BTC increased significantly, reaching a … Read more

WazirX, Binance Named In India’s $97 Million Crypto Tax Probe

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According to a statement by Finance Minister Pankaj Chaudhary in Parliament, Binance and WazirX have been named in India’s recent tax investigation into alleged tax evasion amounting to $97 million. The investigation arises from the Indian government’s stepped-up efforts to regulate and tax the cryptocurrency industry. In fact, India’s Directorate General of GST Intelligence (DGGI) … Read more

BNB Price Surge: Upbeat Momentum Builds After $724 Breakout

BNB Price Surge: Upbeat Momentum Builds After $724 Breakout

BNB attracted attention with a powerful rally, breaking above the critical resistance level of $724 and signaling the potential for more growth. This breakout triggered bullish momentum, sparking speculation that the token could be preparing for uncharted territory. With strong market sentiment and increased trading activity, BNB appears poised to extend its rally, leaving many … Read more

Is Bitcoin Self-Custody Under Threat in Europe?

Is Bitcoin Self-Custody Under Threat in Europe?

For centuries, self-custody has symbolized financial autonomy, allowing individuals to secure their wealth – from gold to cash – without intermediaries. Bitcoin extends this principle to the digital realm, offering a decentralized, censorship-resistant way to hold assets. However, upcoming European regulations under the Markets of Crypto-Assets Regulation (MiCA) and the Funds Transfer Regulation (TFR) threaten … Read more

Singapore’s Dtcpay Decides To Embrace Stablecoins, Phase Out Bitcoin, Ethereum

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Singaporean digital payments provider Dtcpay has announced its decision to exclusively support stablecoins for its payment services starting January 2025. Importantly, this strategic pivot involves phasing out support for .cwp-coin-chart svg path { stroke: ; stroke width: ; } Price Trading volume in 24 hours Last price movement 7 days Buy now! and SVG path … Read more

Bitcoin Could ‘Easily Double’ In A Short Time: Hedge Fund CEO

Bitcoin Could 'Easily Double' In A Short Time: Hedge Fund CEO

This article is also available in Spanish. In the latest episode of The Milk Road Show, Charles Edwards, founder of crypto hedge fund Capriole Investments, provided an in-depth analysis of Bitcoin’s current state, its future trajectory, and the potential conclusion of Bitcoin’s traditional four-year cycle. Edwards speculates that Bitcoin’s journey to $100,000 could be the … Read more