Miners' profits for December could amount to $1.4 billion
Bitcoin miners have already earned a total of 4,055 Bitcoins worth $170 million in December. Total revenue this month could reach $1.4 billion. These figures represent the mining earnings recorded in December 2021 during the peak of the previous bull market. In December 2023, the commissio ...
Bitcoin News and Forecast for December 20, 2023
The price of Bitcoin during yesterday's trading tested the level of $43,497, but then the Bitcoin rate corrected to its minimum for the day at $41,810. On the morning of Wednesday, December 20, the rate of the first cryptocurrency is $42,730 and minus 0.75% of the cost per day. ...
Michael Saylor: Bitcoin ETF is the most important event on Wall Street in 30 years
The CEO and founder of MicroStrategy, Michael Saylor, has expressed his belief that the long-awaited approval of a Bitcoin ETF in the United States will be a groundbreaking event for the American stock market. Saylor compared this potential development to the creation of the S&a ...
Jeremy Allaire: All investors should invest in Bitcoin now
In the current political climate, the CEO of American company Circle emphasizes the importance of investing in Bitcoin as an asset. Jeremy Allaire is confident in the lasting value of digital goods, with Bitcoin standing out as the largest digital commodity asset. Allaire insist ...
US raised $78 million to support crypto-friendly candidates
A group of US cryptocurrency industry leaders has come together to raise a substantial amount of money, totaling $78 million, to support presidential candidates who are willing to back and promote cryptocurrencies. The initiative, known as Fairshake, has garnered support and con ...
K33 Research: Bitcoin ETF approval will definitely happen in January 2024
In a groundbreaking report released by K33 Research, it has been revealed that the US Securities and Exchange Commission (SEC) is expected to approve spot bitcoin exchange-traded funds in January of next year. The analysts at K33 Research confidently state that this approval is ...
BlackRock and SEC agree on redemption model for future Bitcoin spot ETF
BlackRock and the SEC have recently clarified the language concerning the creation and redemption mechanism for a spot Bitcoin ETF. This mechanism will be utilized by the fund if it receives approval from the regulator.Updates to the S-1 filing have provided further inf ...
Michael Saylor: “Bitcoin will either fall to zero or skyrocket to $1 million”
Founder of MicroStrategy, Michael Saylor, has made a bold prediction for the future of Bitcoin, stating that it will either plummet to zero or skyrocket to $1 million and become a prominent asset for institutional investors. Saylor discussed the potential of Bitcoin on a recent ...
Bitcoin News and Forecast for December 19, 2023
After a mixed week the previous week, Bitcoin prices moved into local declines over the weekend due to reduced buyer activity.. As a result, Bitcoin was on the verge of forming a double top pattern. ...
The US national debt is already almost $34,000,000,000,000
The US national debt is currently at an astounding $34 trillion and growing. In just a few months, an additional $3 trillion has been added to the already overwhelming burden. According to data from the Congressional Budget Office, it is projected that the US government debt could exceed $50 tril ...