Cryptocurrency News
- Bitcoin is ‘memetic’ and won’t stay down around $100K for long: Analyst
- Bitcoin dominance bounces back to 57% as BTC punches to $104K
- Hawk Tuah memecoin dumps 90% amid backlash over controversial launch
- Australian Fortlake Asset Management Taps Chainlink, Backed, and Sonic for Inaugural Fund Tokenization
- BIT Mining saw 3X profits mining DOGE, LTC instead of just Bitcoin
- Bitcoin hits $100K: Why BTC price hit a new all-time high
- Cryptocurrency Pioneer Bitcoin Taps $100,000
- Bitcoin Miner Foundry Cuts Jobs, Focuses on Core Business
- Australian Regulator Seeks Public Input on Crypto-Asset Regulations
- Putin Declares Bitcoin Unstoppable Amid Dollar’s Waning Global Grip
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Bitcoin is ‘memetic’ and won’t stay down around $100K for long: Analyst
Cointelegraph.com News - 5 December 2024, 5:50 amA crypto analyst predicts that Bitcoin won’t linger long around the $100,000 level now that the “psychological” barrier has been broken, as the moment will gain widespread attention. Bitcoin has hit $100,000 for the first time, but analysts say it won’t stay there long as breaking the psychological price barrier is expected to attract more…Read More
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Bitcoin dominance bounces back to 57% as BTC punches to $104K
Cointelegraph.com News - 5 December 2024, 5:48 amCalls for altseason are a little quieter as Bitcoin dominance recovered after surging past $100,000 for the first time in history. Bitcoin dominance — a measure of how much of the crypto market’s total value belongs to BTC — has rebounded as the asset hit a six-figure all-time high on Dec. 5, while most altcoins…Read More
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Hawk Tuah memecoin dumps 90% amid backlash over controversial launch
Cointelegraph.com News - 5 December 2024, 5:37 amHaliey Welch’s memecoin “HAWK” has plunged 90% since launch, though Welch has denied any insider sales from herself or her team. The launch of viral influencer Haliey Welch’s Hawk Tuah memecoin (HAWK) sparked outrage across social media as the token briefly pumped and then dumped rapidly following a controversial deployment involving alleged snipers and insider…Read More
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Australian Fortlake Asset Management Taps Chainlink, Backed, and Sonic for Inaugural Fund Tokenization
Bitcoin News - 5 December 2024, 5:30 amThe three crypto firms are gearing up to tokenize Fortlake’s Sigma Opportunities Fund. Chainlink, Backed, and Sonic To Collaborate With Australian Fortlake for Fund Tokenization Australian investment firm Fortlake Asset Management is seeking to enter the digital asset space by recruiting three crypto firms – Chainlink, Backed, and Sonic (formerly Fantom) – to tokenize its…Read More
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BIT Mining saw 3X profits mining DOGE, LTC instead of just Bitcoin
Cointelegraph.com News - 5 December 2024, 5:16 amBIT Mining attributed its widened profit margins from DOGE and LTC to specialized LD3 mining machines it acquired from Bee Computing in 2021. Crypto mining company BIT Mining says its move to mine proof-of-work coins Dogecoin and Litecoin has been far more profitable than mining only Bitcoin. BIT Mining, which previously only mined Bitcoin (BTC),…Read More
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Bitcoin hits $100K: Why BTC price hit a new all-time high
Cointelegraph.com News - 5 December 2024, 5:00 amBitcoin has set a new all-time high of $104,000 on Coinbase, setting the cryptocurrency loose into price discovery — so where is it heading next? Bitcoin has surged past the critical $100,000 level, marking a psychological milestone for crypto traders and vindication for hodlers and true believers. The price has been surging skywards ever since…Read More
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Cryptocurrency Pioneer Bitcoin Taps $100,000
Bitcoin News - 5 December 2024, 4:55 amBitcoin (BTC), the first and leading cryptocurrency, has crossed the $100,000 threshold, marking a pivotal moment in its 15-year history. From Pennies to $100,000: Bitcoin’s Remarkable Evolution Since its inception in 2009, bitcoin has seen dramatic price fluctuations and a steady rise in adoption. Initially traded for less than a penny, bitcoin’s value journey has…Read More
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Bitcoin Miner Foundry Cuts Jobs, Focuses on Core Business
Bitcoin News - 5 December 2024, 4:30 amFoundry, a leading bitcoin mining company, has laid off nearly a third of its workforce as part of a broader restructuring effort. Foundry Spins off AI Arm, Cuts Jobs Bitcoin miner Foundry has laid off nearly a third (27%) of its employees, with more than half of those affected based in the U.S. According to…Read More
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Australian Regulator Seeks Public Input on Crypto-Asset Regulations
Bitcoin News - 5 December 2024, 3:30 amThe Australian Securities and Investments Commission (ASIC) is seeking public input on various issues, including the application of existing regulations to digital assets. A Well-Regulated Financial System for All The ASIC has released a consultation paper proposing updates to Information Sheet (INFO) 225 on crypto-assets. The regulator said the evolving digital asset market necessitates updating…Read More
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Putin Declares Bitcoin Unstoppable Amid Dollar’s Waning Global Grip
Bitcoin News - 5 December 2024, 2:30 amPutin declared bitcoin unstoppable, calling cryptocurrency the future of global finance as nations move away from the declining U.S. dollar’s dominance. Who Can Ban Bitcoin? Putin Highlights Crypto’s Unstoppable Evolution Russian President Vladimir Putin, speaking at the VTB forum “Russia Calling!” on Wednesday, highlighted the inevitability of advancements in financial technologies, citing cryptocurrencies as a…Read More