HIVE Digital Acquires 6500 ASIC Miners
HIVE Digital announced two major milestones, the building of a 100 megawatt mining plant in Paraguay and the purchase of 6,500 new Canaan Avalon A1566 ASIC miners. HIVE has bought 6,500 ASIC miners from Canaan Inc., which can produce 185 terahashes per second at a more energy-efficient pace than its previous equipment, according to a […]
Bitwise CIO Predicts BTC Could Hit $1M as it Surpasses $88k
Bitcoin reached $88,000 on November 11, with experts predicting it could hit $1 million due to limited supply and institutional interest. On November 11, the price of bitcoin reached a new all-time high of $88,000, which sparked discussions about the possible price of the cryptocurrency in the future. Bitwise CIO Asset Management, Matt Hougan, suggested […]
JPMorgan Sees Bitcoin and Crypto Potential Rise After Trump Win
Bitcoin reached a record high after Trump’s re-election, with major bank stocks also surging. JPMorgan’s Stefan Gratzer suggests Trump’s policies could significantly impact markets, especially in tax, deregulation, and crypto. Bitcoin experienced an all-time high on Tuesday as markets continued to respond to Trump’s re-election. Furthermore, a Quartz study indicated that the shares of JPMorgan […]
Sam Trabucco Surrenders Yacht and Apartments in FTX Settlement
Former Alameda Research co-CEO Sam Trabucco has agreed to transfer two San Francisco apartments worth $8.7 million and a luxury yacht to FTX debtors as part of a settlement. Sam Trabucco Surrenders Properties According to legal filings published on Monday, Sam Trabucco, the former co-CEO of Alameda Research, will pay FTX a portion of the […]
Pump Fun sells 43,000 SOL as Solana hits $220
Pump Fun has made over $263 million in revenue, selling a total of 793,243 SOL, despite selling off, its fee account still holds 220,865 SOL. As a result of the recent increase in the price of Solana to $220, the popular cryptocurrency launchpad Pump Fun has sold off a greater portion of its SOL holdings. […]