Bitcoins dips below $40k amid BTC ETF selloffs Bitcoin experienced a decline below the $40,000 mark as a result of sell-offs in GBTC from the insolvent crypto exchange FTX and the withdrawal of BTC deposits on Coinbase initiated by the spot BTC ETF issuer Grayscale. On January 22, Bitcoin (BTC) witnessed a nearly 9% decrease, […] Source The post Bitcoin experiences a drop below the $40,000 threshold amidst sell-offs of BTC ETFs. appeared first on A Trusted ASIC Miner Supplier ..read more

In 2024, a transformative period for digital assets, particularly Bitcoin, is underway. The recent approval by the U.S. Securities and Exchange Commission (SEC) of a spot Bitcoin ETF and the approaching halving event in April promise substantial shifts in both supply and demand. Grasping these transformations is crucial for understanding the evolving role of digital … What attributes designate 2024 as the pivotal year for Bitcoin? Read More » Source The post What attributes designate 2024 as the pivotal year for Bitcoin? appeared first on A Trusted ASIC Miner Supplier ..read more

Following the approval of Bitcoin Spot ETFs, a downward trend has emerged, leading many analysts to view this as a “sell the news” scenario. Today, BTC witnessed a nearly 10% decline, reaching the $41,500 mark. The cryptocurrency market experienced a substantial liquidation, totaling $93 million in the last hour. Long positions accounted for $86.81 million, … Bitcoin’s Value Slides to $41,500 as Scaramucci Offers Insights on the Decline and Predicts a Conclusion Date for the Downturn. Read More » Source The post Bitcoin’s Value Slides to $41,500 as Scaramucci Offers Insights on the Decline and ..read more

On January 10, the United States Securities and Exchange Commission (SEC) granted its approval for numerous spot Bitcoin exchange-traded funds (ETFs). As per an official filing by the SEC, these spot Bitcoin ETFs have received clearance for inclusion on all accredited national exchanges in the United States, including the Nasdaq, NYSE, and CBOE, concluding a … SEC grants speedy approval for spot Bitcoin ETF Read More » Source The post SEC grants speedy approval for spot Bitcoin ETF appeared first on A Trusted ASIC Miner Supplier ..read more

An unidentified group of hackers took control of the United States Securities and Exchange Commission (SEC) X account, where they posted a fabricated announcement indicating approval for a spot Bitcoin ETF. On January 9, SEC Chair Gary Gensler refuted the misleading message, asserting that no spot Bitcoin ETF approvals had been granted. Gensler clarified the … Bitcoin experiences a 3% decline in value due to a fabricated approval claim for a spot Bitcoin ETF by the SEC. Read More » Source The post Bitcoin experiences a 3% decline in value due to a fabricated approval claim for a spot Bitcoin E ..read more

Bitcoin has surged to $47,000, marking its first ascent to this level in over two decades. Numerous reports suggest that approval for a Bitcoin exchange-traded fund (ETF) is imminent, potentially occurring within the current week. Just hours ago, Bitcoin attained $45,000, its highest valuation since May 2022 when the market experienced a downturn following the crash of Terraform Lab’s UST and LUNA. Nevertheless, Bitcoin’s upward momentum persists, reaching $47,000 as of the latest update and reflecting an impressive 6% surge within a 24-hour period. Simultaneously, the trading volume of BTC ..read more

Bitcoin Price Today In the dynamic and constantly evolving realm of cryptocurrency, Bitcoin is grabbing attention as its current trading value hits $44,244, reflecting a nearly 0.50% increase on Saturday. Within the cryptocurrency community, anticipation is high as various deadlines for the approval of US spot Bitcoin ETFs approach. This pivotal moment holds the potential to usher in a transformative period for Bitcoin, with potential approvals potentially sparking a significant surge in its value. Further heightening the excitement is the surge in whale activity in the Bitcoin market, r ..read more

SEC will reject all Bitcoin ETFs in January, says Matrixport Matrixport analysts are anticipating the U.S. Securities and Exchange Commission (SEC) to decline all Bitcoin (BTC) spot ETFs in January. In the most recent Matrixport publication, titled “Anticipating the SEC’s Denial of Bitcoin Spot ETFs,” analysts project that approval for spot Bitcoin ETF applications might materialize in the second quarter of 2024. Consequently, BTC’s value is predicted to dip to the range of $36,000-$38,000 in January, prompting the suggestion for investors to consider put options or even liquidate their Bi ..read more

Bitcoin has surpassed the $45,000 mark for the first time in almost two years, reflecting the anticipation surrounding the likely endorsement of the inaugural spot Bitcoin ETF in the United States. The cryptocurrency’s value has surged, rising over 6% in the past 24 hours and 170% over the past year, starting from $42,000 on January 1, according to data from CoinMarketCap. This recent upswing positions Bitcoin at a level unseen in 2023, establishing a noteworthy peak just two days into 2024. This surge occurs in the midst of market speculation regarding the potential approval by the SE ..read more

Cryptocurrency mining has become a cornerstone of blockchain networks, ensuring their security and functionality. Kadena, a blockchain platform known for its scalability and efficiency, requires powerful miners to maintain the integrity of its network. In this article, we will delve into the world of Kadena mining, exploring the features of the most potent miners available and providing insights for individuals seeking to enhance their mining capabilities. Antminer KA3 (166Th) from Bitmain mining Kadena algorithm with a maximum hashrate of 166Th/s for a ..read more