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Russia Implements Seasonal Ban on Cryptocurrency Mining in Siberian Regions

November 22, 2024 by Arnold Potts

In response to potential energy shortages during the winter months, Russia has implemented measures to limit cryptocurrency mining in specific regions. The government commission overseeing the country’s energy management has announced a seasonal ban on mining activities in several Siberian regions known …

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Tags Bitcoin, Cryptocurrency

Hashlabs Revolutionizes Heating in Finland with Bitcoin Mining Technology

November 22, 2024 by Arnold Potts

Hashlabs, a mining company co-founded by Jaran Mellerud, has embarked on an innovative project in Finland that is revolutionizing the way heat is generated and utilized. The company has found a unique solution to the excess heat produced by Bitcoin mining machines, …

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Bitcoin ETFs Surpass $100 Billion in Assets Amid Crypto Surge

November 22, 2024 by Arnold Potts

Bitcoin ETFs Officially Surpass $100 Billion in Assets as BTC Hits All-Time High In a significant milestone for the cryptocurrency market, Spot Bitcoin ETFs have officially surpassed $100 billion in assets as Bitcoin soared to a new all-time high of $98,000. This …

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Crypto Advocate Howard Lutnick Expected to Head US Department of Commerce in Trump Administration

November 21, 2024 by Arnold Potts

Howard Lutnick, the CEO of asset management firm Cantor Fitzgerald and a prominent supporter of crypto initiatives, is reportedly set to be nominated by President-elect Donald Trump to head the US Department of Commerce (DOC). This news has sparked speculation about Lutnick’s …

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How Bitcoin Emerged as a ‘Lifeboat Asset’ During the Ukraine-Russia Conflict

November 21, 2024 by Arnold Potts

Bitcoin has emerged as a “lifeboat asset” amid the escalating tensions between Ukraine and Russia, showcasing its resilience and ability to serve as a hedge against geopolitical risks. The digital gold reached an all-time high of $94,000 with a market cap of …

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MicroStrategy Bolsters Bitcoin Holdings with $4.6 Billion Acquisition of 51,780 BTC

November 20, 2024 by Arnold Potts

MicroStrategy, a leading business intelligence firm, has made headlines once again with its latest move in the cryptocurrency market. The company has announced the acquisition of 51,780 Bitcoins for a staggering $4.6 billion, at an average price of $88,627 per Bitcoin. This …

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Metaplanet Announces $11.3m Bond Issuance to Buy More Bitcoin

November 19, 2024 by Arnold Potts

Metaplanet, a Japanese investment adviser, has made headlines with its recent announcement to issue ¥1.7 billion in one-year 0.36% bonds in order to purchase more Bitcoin. This move comes as the company looks to double down on its Bitcoin strategy, with the …

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Delhi Police Detain Suspect Linked to WazirX Crypto Heist: $235 Million Hack

November 17, 2024 by Arnold Potts

In a significant development in the ongoing WazirX crypto heist case, Delhi Police have detained a man suspected of being involved in the $235 million hack that left millions of investors at a loss. The arrest of SK Masud Alam, a resident …

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Donald Trump Nominates Bitcoin Advocate Matt Gaetz as Attorney General in Pro-Crypto Administration

November 16, 2024 by Arnold Potts

In a surprising move that has sent shockwaves through the political world, President-elect Donald Trump has proposed Bitcoin advocate Matt Gaetz to be his Attorney General in his upcoming second term. This decision marks a significant shift towards a more pro-crypto administration, …

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Apple CEO Tim Cook Reveals 3 Years of Personal Crypto Holdings

November 15, 2024 by Arnold Potts

Apple CEO Tim Cook has made headlines after revealing that he has personally invested in cryptocurrency for the past three years. In a recent interview with DealBook, Cook shared his belief in supporting and investing in crypto as a way to diversify …

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Tags Bitcoin, Cryptocurrency
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