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Key takeawaysLibyaâs cheap, subsidized electricity made it profitable to run even older, inefficient Bitcoin miners.At its peak, Libya is estimated to have generated around 0.6% of the global Bitcoin hash rate.Mining operates in a legal grey zone, with hardware imports banned but no clear law governâŚ
Bitcoin treasury company Strategy (formerly MicroStrategy) acquired more than 10,000 BTC for the second week in a row, adding another 10,645 BTC to its treasury for approximately $980.3 million at an average price of $92,098 per bitcoin between Dec. 8 and Dec. 14, according to an 8-K filing with theâŚ
Bitcoin treasury company Strategy (formerly MicroStrategy) acquired an additional 8,178 BTC for approximately $835.6 million at an average price of $102,171 per bitcoin between Nov. 10 and Nov. 16, according to an 8-K filing with the Securities and Exchange Commission on Monday.Strategy now holds a âŚ
The Federal Reserve has bent its knee to President Donald Trumpâs request, amid the ongoing United States Government shutdown, which has lasted nearly 30 days. On Wednesday, October 29, the Fed reduced its federal funds rate by a quarter percentage point to between 3.75% and 4%. The Fed noted that iâŚ
Dogecoin (DOGE) is back in the spotlight after a sharp rebound from support, rallying roughly 15% to trade around $0.25â$0.26. The move coincides with heavy whale accumulation, over 30 million DOGE scooped up in 24 hours, and notable exchange outflows topping $25 million, signaling coins moving to câŚ
Bitcoin has reclaimed key levels above the $118,000 mark, shifting momentum back in favor of the bulls after weeks of uncertainty. The breakout has reinvigorated sentiment across the market, with traders increasingly confident that BTC could be on the verge of a major move. Historically, October hasâŚ
The time-travel millionaire myth Itâs almost an irresistible daydream: step into a time machine, buy a pile of Bitcoin for pennies in 2010 and return to the present to find millions sitting in your account.In March 2010, the first recorded Bitcoin exchange price was about $0.003 per Bitcoin , and âŚ
Bitcoin snapped a three-year streak of negative summer average returns, but it now enters its worst month, known as âred September.âSeptember carries the dreaded nickname because it has delivered the lowest monthly returns for Bitcoin (BTC), averaging â3.77% across 12 years from 2013. It is also theâŚ
Key takeaways:Dormant whale buys $28M in ETH as price drops 13%, signaling accumulation.Whales, BitMine, and ETFs add billions in ETH, reinforcing bullish demand.âV-shapedâ recovery pattern emerges, with analysts eyeing $7.5Kâ$20K targets.An Ethereum whale wallet has resurfaced after four years of sâŚ
By Barbara KollmeyerUBS Wealth sees global gold demand reaching highest since 2011All that's glittering is still gold, says UBS Global Wealth Management, whose strategists have a shiny new price target.Stocks may be in for a struggle until Jay Powell steps up to the Jackson Hole podium on Friday. AlâŚ
The United States Securities and Exchange Commission (SEC) has announced a countrywide initiative to meet with more crypto stakeholders. The SEC announced on Monday that its Crypto Task Force, led by Commissioner Hester Peirce, will host a series of roundtables, with small firms in different cities.âŚ
By Elsa Ohlen and Adam ClarkBitcoin and other cryptocurrencies were in the green to start the week as a U.S.-European Union trade deal settled nerves around global economic uncertainty.The price of Bitcoin rose 0.6% over the past 24 hours to $118,823, according to CoinDesk data.Ether rose 1.5% whileâŚ