Crypto miners are increasingly adopting a Bitcoin accumulation strategy, similar to MicroStrategy, to cope with profitability challenges. Factors like the April reward halving, which reduced Bitcoin earnings per block, and a rising network hashrate are intensifying competition in mining. Instead of selling off their Bitcoin to cover expenses, many miners are choosing to hold onto ...
XRP, the cryptocurrency from Ripple, is generating excitement in the Market after a remarkable price increase from $0.50 to $2.41, marking a 292.55% rise this year. Analysts are optimistic about XRP’s future, predicting it could reach $4 following a brief Market correction. Ripple’s recent approval of the RLUSD stablecoin demonstrates its commitment to expanding in ...
XRP, the digital token connected to Ripple, is gaining significant attention in the cryptocurrency Market after a remarkable increase in value from $0.50 to $2.41, representing a 292.55% rise this year. Analysts suggest that, following a brief Market correction, XRP could reach potential highs of $4 or even $48 in the future. Ripple’s recent approval ...
Cryptocurrency supporters are excited about President-elect Donald Trump’s focus on digital currencies. Bitcoin recently surpassed $100,000 again, driven by hopes that Trump’s administration will create a friendly environment for the crypto industry. Trump has appointed crypto advocates to key positions and expressed his desire to make the U.S. a “crypto capital.” This shift could lead ...
An Arizona man, Nuruhussein Hussein, was arrested for allegedly stealing over $200,000 in cryptocurrency while pretending to be an Uber driver. Police say he lured unsuspecting passengers at a Scottsdale hotel, asking them to use their phones to look up directions or connect to the app. During this time, he transferred cryptocurrency from their digital ...
In today’s crypto news, traditional institutions that once dismissed cryptocurrency are now starting to invest in Bitcoin, which recently surged into six-figure territory. Even Ethereum is gaining attention from these investors, with a remarkable 428 million dollars flowing into ETH ETFs in a single day. Significant predictions suggest Bitcoin could see explosive growth by 2025, ...
Mastercard is leading the way in transforming the payments landscape, aiming to make online transactions easier and more secure by 2030 through innovations like tokenization and biometric authentication. With digital wallets becoming essential, especially in developing markets, Mastercard is revolutionizing how consumers make payments without physical cards. Emerging technologies such as generative AI are being ...
MicroStrategy, primarily known for its enterprise software and data analytics, has transformed into a Bitcoin-focused investment under the leadership of co-founder Michael Saylor. Since 2020, the company has converted most of its cash reserves into Bitcoin, amassing around 423,650 coins, valued at roughly $42.4 billion. This represents nearly half of MicroStrategy’s total Market cap of ...
Steven Cress is the Vice President of Quantitative Strategy and Market Data at Seeking Alpha. He created the platform’s quantitative stock rating system and various analytical tools to help investors. His work simplifies investment research, providing daily updated stock trading recommendations. Before joining Seeking Alpha, he founded CressCap Investment Research and led Cress Capital Management, ...
The cryptocurrency Market is booming, fueled by Trump’s recent election victory. The total value of all cryptocurrencies reached an astounding $3.8 trillion, with major coins like XRP rising 362%, Dogecoin up 139%, and Bitcoin climbing 41%. Investors are optimistic about a friendlier regulatory environment under the new administration, especially with pro-crypto appointments like Paul Atkins ...
