Crypto News
Jack Dorsey’s Block Bets Big on Bitcoin Mining
Block, Inc. has outlined a strategic pivot to expand its presence in bitcoin mining, signaling a commitment to the cryptocurrency sector and its infrastructure needs, according to its recent third-quarter shareholder letter. Block’s New Investment Focus on Bitcoin Mining Infrastructure In a letter to shareholders, Block identifies bitcoin mining as a key growth path, drivenSource link
Bitcoin Skyrockets to Historic $77K – BTC Short Sellers Take a $24M Hit
At precisely 2:30 p.m. ET on Friday, bitcoin reached a fresh all-time high on Bitstamp, hitting $77,112 per coin. This latest peak redefined bitcoin’s USD value once again. Trading in the mid-$76,500 range, bitcoin gained about 1% over the past 24 hours. Over the week, BTC has climbed 10.7%, showing a 14.8% rise over theSource link
‘Nifty Island’ Ends Play-to-Airdrop Push—Here’s When to Expect the ISLAND Token
Ethereum metaverse game Nifty Island just wrapped its play-to-airdrop push after several months. Here's what comes next, including the token.Source link
Bitcoin’s Path to the Top: What It Will Take to Dethrone Silver, Apple, Nvidia, and Gold
At press time, with bitcoin floating comfortably above $76,000, the flagship cryptocurrency holds its ground as the ninth largest asset worldwide by market capitalization. Bitcoin Overtakes Meta, Sets Sights on Silver in the Global Asset Race On Fri., Nov. 8, 2024, bitcoin (BTC) officially takes its place as the ninth largest asset globally, overtaking Meta’sSource link
BlackRock’s Bitcoin ETF Is Now Bigger Than Its Gold Fund
After a monster week bolstered by Donald Trump’s re-election, BlackRock's iShares Bitcoin ETF is smashing records.Source link