What are Bitcoin miners as energy buyers? Bitcoin miners can work as dynamic energy buyers with the flexibility to adjust consumption according to energy supply and demand using sophisticated energy management strategies. First things first, you need to understand the Bitcoin mining basics. To secure the Bitcoin blockchain network, process transactions, and mint new coins, computers need…
Ethereum liquid restaking protocols saw their total value locked (TVL) increase by almost 6,000% in 2024 as demand for staked asset utility grew significantly. According to data from decentralized finance (DeFi) aggregator DefiLlama, liquid restaking TVL on the Ethereum network was approximately $284 million on Jan. 1. By Dec. 15, that figure had climbed nearly 60-fold,…
Bitcoin’s price rallied nearly 5% in a day to set a new all-time high above $106,000 on Dec. 15 as speculation of it becoming a United States reserve asset continues to grow. Bitcoin topped out at $106,554 but has since fallen slightly to $106,000, TradingView data shows. Its previous high was $104,000, which was set on…
Ether could surpass its previous all-time high during the first quarter of 2025, according to market analysts. Ether has been unable to remain above the key $4,000 psychological threshold despite Bitcoin breaching the record $100,000 high on Dec. 6 for the first time in crypto history. However, Ether may soon start catching up to Bitcoin’s gains following…
Hong Kong has rapidly become a cryptocurrency hub, positioning itself as a center for financial innovation alongside the United Arab Emirates (UAE) and Singapore. Ivan Ivanov, global CEO of WOW Summit, said this innovation was fostered by a mixture of strong regulatory policy and Hong Kong’s status as a special economic region. Ivanov told Cointelegraph…
Nasdaq has announced that Bitcoin bull Michael Saylor’s company, MicroStrategy (MSTR), will be added to the Nasdaq-100 Index starting Dec. 23. MicroStrategy is one of three companies to be added to the index alongside Palantir Technologies Inc. (PLTR), and Axon Enterprise, Inc. (AXON), according to a Dec. 13 statement published by Nasdaq. MSTR now among Nasdaq’s 100…
Decentralized identity explained Decentralized identity refers to a system of identity management that is not controlled by any central authority such as governments, corporations or identity providers. Traditional identity systems often involve intermediaries that store and manage personal information, which can lead to privacy concerns, data breaches and dependency on centralized entities. In contrast, decentralized…
VanEck expects the cryptocurrency bull market to hit a “medium-term peak” in the first quarter of 2025 before surging to all-time highs by the end of the year, the asset manager said in a Dec. 13 blog post. “At the cycle’s apex, we project Bitcoin (BTC) to be valued at around $180,000, with Ethereum (ETH)…
United States representative French Hill recently appeared on CNBC and said that the US desperately needs a crypto market structure bill, which he described as a “top priority” for the Republican Party. According to Representative Hill, GOP majority leader Steve Scalise aims to introduce a comprehensive crypto market structure bill within the first 100 days…
Understanding crypto wallets Crypto wallets are essential tools for anyone looking to buy, sell or store cryptocurrencies. Imagine you are about to dive into the world of cryptocurrencies. You have your eyes on Bitcoin or even a few altcoins, but there’s one problem: Where do you keep them? Enter the crypto wallet, your digital safe…