A man from Nebraska, Charles O. Parks III, pleaded guilty to running a large cryptojacking operation. He was arrested in April for not paying a $3.5 million bill for cloud computing services, which he used to mine about $970,000 worth of cryptocurrency. Parks, known as “CP3O,” created fake accounts under different names to access powerful ...
Bitcoin’s recent surge past the $100,000 mark has sparked lively debates among analysts about future Market trends. While some indicators suggest that more gains are possible, others warn of potential pitfalls. For instance, VanEck’s Matthew Sigel mentions low MVRV Z-Scores and steady Market dominance as reasons to stay optimistic, despite rising funding rates. Conversely, Glassnode’s ...
Bitcoin’s recent surge past the $100,000 mark has sparked debate among analysts regarding the Market‘s future. While some signals, like a low MVRV Z-Score and stable BTC Market dominance, suggest potential price increases, other indicators point to caution. A report by Glassnode highlights that over 90% of Bitcoin’s supply is currently profitable, indicating a high ...
Jim Cramer, the well-known CNBC host, recently shared his insights on the impressive rise of bitcoin, which has surpassed the $100,000 mark. While he endorses bitcoin as a strong investment and a viable alternative to gold, he stresses the importance of having a diversified portfolio that includes traditional stocks. Cramer emphasizes that a balanced approach ...
Crypto stocks experienced a brief surge before declining on Thursday after Bitcoin soared to a record high of over $100,000. This rise was influenced by President-elect Donald Trump’s decision to nominate Paul Atkins, a pro-crypto advocate, to lead the SEC. Although Bitcoin peaked at $103,500, it later fell below the $100,000 mark. Stocks of major ...
Bitcoin experienced a significant dip on December 5, 2024, after reaching an all-time high of $103,679. The cryptocurrency fell back to around $90,300 during a day of high volatility and was trading at $95,500 when reported. The abrupt price changes led to liquidations totaling approximately $885.61 million, affecting nearly 203,000 traders worldwide. Bitcoin accounted for ...
Haliey “Hawk Tuah Girl” Welch, a viral influencer and podcast host, has faced backlash after her new cryptocurrency, Hawkcoin, launched and subsequently crashed within hours. Initially valued at $490 million, the coin’s worth plummeted nearly 95%, drawing accusations of a pump and dump scheme. Welch denied these allegations, attributing the crash to “snipers,” or investors ...
Solana’s recent price action shows it has settled around $245, down 9% from its all-time high of $264 last week. Over the past week, investors have unstaked 2.2 million SOL, suggesting a trend of profit-taking among key stakeholders. This coincides with Bitcoin’s surge past $100,000, which typically boosts altcoin markets, including Solana. However, the buying ...
DKbitex, based in Dubai, is leading the way in the Middle East’s cryptocurrency sector as the first advanced exchange in the region. It aims to transform how communities access and invest in digital assets, providing a safe, user-friendly trading platform. As the crypto Market experiences a resurgence, driven by rising Bitcoin prices, DKbitex is positioned ...
Chinese tech company Meitu recently sold all its cryptocurrency holdings, which included 940 Bitcoin and 31,000 Ethereum, for a total of $180 million. This decision came just before Bitcoin’s price soared to over $100,000. The company plans to distribute 80% of the profits from this sale as a special dividend to its shareholders. Initially, Meitu ...
