Ethiopia’s $250 Million Tech Expansion In Bitcoin And AI

Photo by Getty Images Getty Images Ethiopia plans to establish a $250 million bitcoin mining and AI data center, led by the Russian bitcoin mining company BitCluster, The project is a milestone in the country’s journey towards integrating cutting-edge technologies such as bitcoin and artificial intelligence into its economic infrastructure. Aiming to become a global […]

Historic Bitcoin Stashes Mobilize Amid Rising Market Valuations

With bitcoin’s value rising past the $51,000 mark, numerous long-dormant bitcoin hoards have begun to mobilize unspent transaction outputs (UTXOs) that have remained untouched for an extended period. Although instances involving ‘sleeping bitcoins’ from the years 2009, 2010, and 2011 are considerably scarce, there’s been a noticeable resurgence of older coin batches from 2012, 2013, […]

Altcoins Poised for Growth Amidst Bitcoin’s Dominance in 2024

Despite Bitcoin’s dominance marking a significant milestone with a market cap surpassing $1 trillion, the altcoins are not left in the shadows. An event that signals Bitcoin’s established reign, it does not hinder the potential growth of other cryptocurrencies. In fact, this development illuminates the intriguing possibility of exponential growth for altcoins ready to carve […]

Coinbase Contributes $3.6M to Boost Bitcoin Developer Funding via Brink

Brink’s mission is to strengthen the Bitcoin protocol by fostering innovation. A commitment of 5% of VanEck’s spot BTC ETF earnings were made to Brink in Jan 2024. Coinbase is contributing $3.6 million to Bitcoin supporting non-profit Brink as it closes GiveCrypto, an organization that distributed cryptocurrency to those in need. The campaign was announced […]

VanEck Agrees to $1.75M Fine by SEC Over ETF Promotion Violation

A civil penalty was levied on the investment advisor by the U.S SEC. The financial watchdog did not specifically identify the influencer. In order to settle U.S SEC accusations related to the 2021 launch of an exchange-traded fund (ETF) centered on social media, VanEck agreed to pay a fine of $1.75 million. A civil penalty […]

Historic Bitcoin Stashes Mobilize Amid Rising Market Valuations

With bitcoin’s value rising past the $51,000 mark, numerous long-dormant bitcoin hoards have begun to mobilize unspent transaction outputs (UTXOs) that have remained untouched for an extended period. Although instances involving ‘sleeping bitcoins’ from the years 2009, 2010, and 2011 are considerably scarce, there’s been a noticeable resurgence of older coin batches from 2012, 2013, […]

Cardano’s Meteoric Rise: TVL Surges 166%, Could ADA Price Reach $8 by 2025?

The post Cardano’s Meteoric Rise: TVL Surges 166%, Could ADA Price Reach $8 by 2025? appeared first on Coinpedia Fintech News According to analyst Altcoin Daily, Bitcoin’s recent surge to $52,000 has sparked speculation of further growth, possibly reaching $69,000. This upward momentum is attributed to strong demand in the US market. Historically, Bitcoin’s surpassing […]

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