Bitcoin miner Hive Digital is upgrading its infrastructure as it begins construction of facilities in Paraguay, the fourth country it will operate in. The Nasdaq-listed Canadian miner has purchased 6,500 Canaan Avalon A1566 application-specific integrated circuits (ASICs) for delivery from December through March 2025. Hive Digital revs up The first 500 new ASICs were delivered…
Este artículo también está disponible en español. The Bitcoin price trajectory has been nothing short of impressive since the beginning of November. Notably, Bitcoin has been up by about 20.8% from its November low of $67,690, which has allowed it to break into new all-time highs successively. Interestingly, technical analysis of the Bitcoin price suggests…
Bitcoin (BTC) took daily gains to 4.5% on Nov. 11 as an unlikely weekend of upside held firmly in place. BTC/USD 1-hour chart. Source: TradingView BTC price knocks on $85,000 Data from Cointelegraph Markets Pro and TradingView showed BTC price momentum passing $84,000 after the Wall Street open. Now up nearly 25% in the past…
Cointelegraph has announced that Rooch Network, a blockchain project building a native application layer for the Bitcoin ecosystem, has joined the Cointelegraph Accelerator program. Bitcoin (BTC) was conceived as an alternative payment system, a digital cash. With a gigantic increase in value over the years, BTC rapidly became an appealing investment vehicle. Thus, the original…
While some investors hold back from buying Bitcoin when it reaches new highs, MicroStrategy has doubled down, demonstrating a strong commitment to the cryptocurrency. In a Nov. 11 announcement, the business intelligence firm turned Bitcoin (BTC) investor said it bought 27,200 Bitcoin for about $2.03 billion in cash. MicroStrategy purchased the coins between Oct. 31…
Bitcoin is trading in uncharted territory, potentially approaching the six-figure price tag for the first time in history. The Bitcoin (BTC) price broke above a new high of $82,410 at 10:19 am UTC on Nov. 11, Bitstamp data shows. BTC/USD, 1-month chart. Source: TradingView However, this may only be a pitstop for the Bitcoin price,…
Dogecoin (DOGE), the largest memecoin by market capitalization, has rallied more than 23% in the past 24 hours, emerging as the best crypto market performer amid anticipation surrounding Elon Musk’s support of the memecoin in the Trump administration. Currently trading at $0.2771, DOGE has reached its highest value since Oct. 2021, marking an 86% climb…
Este artículo también está disponible en español. A meme coin developer is pushing for an ambitious plan of establishing a new American metropolis, similar to Silicon Valley, that is designed solely for the blockchain industry. Shiba Inu creator Shytoshi Kusama is urging the Donald Trump administration to consider the idea of a hub devoted to…
Dogecoin started a fresh surge above the $0.220 resistance against the US Dollar. DOGE is up over 50% and is showing signs of more upsides. DOGE price started a fresh rally like Bitcoin and climbed above the $0.220 resistance level. The price is trading above the $0.2800 level and the 100-hourly simple moving average. There…
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance…
