Month: December 2024

Paul is a longtime Litecoiner and co-founder of Edge Wallet. We will discuss Wrapped Litecoin and how he believed it can integrate in DeFi as well as his experience as a crypto veteran....

Once criticized for its environmental footprint, Bitcoin mining is finding a role in supporting energy systems and sustainability. At the Benzinga Future of Digital Assets conference, industry leaders detailed how mining operations integrate with renewable energy and adapt to modern challenges. Stabilizing Energy Grids Bitcoin mining’s ability to adjust...

In a landmark case, Frank Richard Ahlgren III, an early Bitcoin (CRYPTO: BTC) investor from Austin, Texas, has been sentenced to two years in prison for underreporting millions in cryptocurrency gains. The case represents the United States’ first criminal prosecution solely focused on tax evasion involving digital assets, marking...

Bitcoin‘s scarcity is growing remarkably in the market as small and large-scale investors continue to accumulate a substantial portion of the available coins, which could bolster BTC’s value in light of recent upside price momentum, signaling a potential extension of the uptrend. A Significant Decline In Bitcoin Supply Ratio...

Bitcoin mining company Riot Platforms (NASDAQ:RIOT) on Friday announced the acquisition of 5,117 Bitcoin (CRYPTO: BTC) for $510 million. The purchase, funded through the net proceeds of the company’s recent $525 million, 0.75% coupon convertible bond issuance, was made at an average price of $99,669 per Bitcoin, inclusive of...

Solana’s (CRYPTO: SOL) price has decreased 3.57% over the past 24 hours to $224.01, continuing its downward trend over the past week of -6.0%, moving from $238.11 to its current price. The chart below compares the price movement and volatility for Solana over the past 24 hours (left) to...

Bitcoin (CRYPTO: BTC) is on track to hit $160,000 by 2025, according to a new Matrixport report. The projection is underpinned by sustained demand for Bitcoin exchange-traded funds (ETFs), a favorable macroeconomic environment, and the continued expansion of the global liquidity pool. The report highlights that Bitcoin’s institutional adoption...

Fartcoin (CRYPTO: FARTCOIN), a meme-based cryptocurrency with unconventional origins, has hit an all-time high market capitalization of $763.9 million. The Solana (CRYPTO: SOL)-based token’s meteoric rise, reaching a preliminary all-time high of $764 million on Friday per DexScreener data, has been driven by a mix of online speculation and...

At the Benzinga Future of Digital Assets conference, a panel discussion spotlighted Bitcoin‘s (CRYPTO: BTC) growing influence in global economic strategies and its potential as a hedge against sanctions. Moderated by CNBC‘s MacKenzie Sigalos, the panel featured Anthony Pompliano, founder and CEO of Professional Capital Management, who provided a...

Bitcoin (CRYPTO: BTC) is on track to hit $160,000 by 2025, according to a new Matrixport report. The projection is underpinned by sustained demand for Bitcoin exchange-traded funds (ETFs), a favorable macroeconomic environment, and the continued expansion of the global liquidity pool. The report highlights that Bitcoin’s institutional adoption...