➀ Bitcoin has reached a new milestone, nearing the $100,000 mark after a significant price rally from $80,000 to $90,000; ➁ The rise has been linked to the election of President Trump, with a 30% increase since he was elected; ➂ The price of Bitcoin isn't the only cryptocurrency-related thing rising in value, as shares of the cryptocurrency exchange Coinbase increased by approximately 75%.
Recent #Cryptocurrency news in the semiconductor industry
1. Bitcoin and Ethereum have significantly diverged in performance since mid-summer; 2. Ethereum lost most of its gains while Bitcoin continued to rally; 3. The Bitcoin to Ethereum ratio has widened to nearly 27, indicating Bitcoin's recent dominance.
1. MARA Holdings' shift to Kaspa mining has not led to sustained profitability due to increased mining difficulty and a 25% drop in KAS price; 2. Bitcoin mining remains challenging with profitability near historic lows; 3. MARA's strategy of borrowing to buy Bitcoin has increased its BTC holdings but at higher interest rates than competitors.
➀ A man identified as the creator of Bitcoin denies his involvement; ➁ HBO's documentary suggests Peter Todd as the creator; ➂ The accused believes the documentary is a marketing ploy.
1. I am bullish on Robinhood for 2025 due to new products, financial turnaround, and potential expansion into institutional investors; 2. Robinhood's product development, including the Gold Card and advanced trading features, positions it as a comprehensive financial service provider; 3. International expansion, particularly in Europe with crypto transfers, offers significant growth potential despite regulatory challenges.
1. Bitcoin's price surged to over $60,000, marking a 37% increase year-to-date; 2. Ether's price drifted higher, ending above $2,300, with a year-to-date decrease of ~0.5%; 3. The SEC approved spot bitcoin ETFs from issuers like GBTC, IBIT, FBTC, ARKB, BITB, BRRR on January 10th.
➀ Chinese AI engineers are finding ways to access advanced computing power despite restrictions on blockchain and cryptocurrency technologies. ➁ The ban has led to a shift in focus towards legal and compliant methods of obtaining computational resources. ➂ Collaboration with international tech companies and leveraging existing AI frameworks are key strategies being employed.
1. The S&P 500 ended the week nearly 1% lower, primarily due to a selloff in technology stocks. 2. President Biden abandoned his re-election bid, endorsing Vice President Kamala Harris as the new presidential nominee. 3. Spot ether ETFs were launched following SEC approval, but their first trading session concluded lower.
1. Upbit, a digital asset exchange, has revamped its staking service to improve user convenience. 2. The update includes intuitive user experience (UX) and user interface (UI) designs, allowing users to visualize their asset status and view real-time returns in Korean Won. 3. Features such as 'Today's Reward' and detailed staking status tracking have been added to enhance transparency and ease of use.
1. MetaBora Singapore announced that its blockchain token BORA will be listed on the Japanese cryptocurrency exchange Zaif. 2. BORA passed the white list review by the Japan Virtual Currency Exchange Association (JVCEA) and received trading approval from the Japanese Financial Services Agency (FSA). 3. Trading is scheduled to start on June 26, aiming to enhance BORA's presence in the Japanese market and strengthen local service bases for upcoming projects.
1. A $2.4 million Texas property with no bedrooms but a 5786 sq ft built-in data center; 2. The data center features a full liquid cooling immersion system; 3. The property was previously used as a crypto mining base and is now being marketed for AI services, cloud hosting, traditional data centers, servers, or Bitcoin mining.
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