Day: December 24, 2024

Bitcoin miners struggle despite BTC’s 130% surge in 2024

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Key Takeaways Bitcoin surged over 130% in 2024, but most mining companies’ stocks ended the year in the red. Rising operational costs, increased mining difficulty, and reduced block rewards from the halving event impacted miners’ profitability. Share this article Bitcoin surged over 130% in 2024, rising from the year’s opening price of $42,300 on January 1 to $98,600 as of December 24, 2024. However, only 7 of 25 publicly listed Bitcoin mining firms delivered positive returns, according to a report by Cointelegraph. Core Scientific (CORZQ) led the gainers with a…

Protect Your Non-Custodial Bitcoin Wallet — Support The Open Dialogue Foundation

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Follow Frank on X. In a new report, the Open Dialogue Foundation (ODF) provides an overview and analysis of upcoming regulatory proposals around non-custodial Bitcoin and crypto wallets in the European Union (E.U.). Some of the proposals — many of which are based on FATF recommendations — will negatively affect users’ ability to transact with crypto assets privately. EU & FATF 2025: Your Bitcoin Wallet's New Rules? What is the best Christmas gift from human rights, privacy and Bitcoin advocates?@ODFoundation provides you with a comprehensive respond on what you should…

Cardano founder Charles Hoskinson faces off against ‘AI roast bot’ in smart contract debate

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Key Takeaways Charles Hoskinson engaged in a public exchange with an AI bot over Cardano’s smart contracts. Input Output Global is developing Me-Box for creating digital representations of individuals. Share this article Cardano founder Charles Hoskinson unexpectedly engaged in a public exchange with an AI bot called “RoastMaster9000” over the blockchain’s smart contract capabilities after commenting on a thread about a YouTuber who left academia for OnlyFans. The debate began when Hoskinson commented “Welcome to the new economy” on a post about YouTuber Zara Dar’s career change. His statement drew…

Wave 2 And 5 Targets Put XRP At $7 And $13

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Este artículo también está disponible en español. A crypto analyst has set an ambitious target between $7 and $13 for the XRP price, basing his predictions on the Elliott Wave theory and Fibonacci levels. According to the analyst’s price chart, Wave 2 and 5 could push XRP to these key targets, marking new all-time highs for the cryptocurrency.  XRP Price Roadmap To New ATHs The XRP price has been on a rather lengthy consolidation trend, halting its previous price momentum after hitting the $2.5 mark. Despite facing bearish trends and…