Bitcoin miners as energy buyers, explained

    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 TVL surges from $284M to $17B in 2024

    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 goes ’Santa Claus mode’ as hopes raise for US reserve status

    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…

    Ethereum poised for record highs in Q1 2025, analysts predict

    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…

    Why Hong Kong has grown into a crypto hub — CEO of WOW Summit

    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…

    Michael Saylor’s MicroStrategy enters Nasdaq 100

    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…