MicroStrategy Bitcoin holdings cross 400,000 BTC, more inside

The post MicroStrategy Bitcoin holdings cross 400,000 BTC, more inside appeared on BitcoinEthereumNews.com. MicroStrategy surpasses 400,000 BTC holdings, acquiring over 15,000 BTC in recent weeks. MARA Holdings adopts MicroStrategy’s strategy, purchasing 6,484 BTC, valued at $3.3 billion. MicroStrategy’s commitment to Bitcoin [BTC] acquisition remains unwavering, regardless of market conditions. As November closes and December begins, […]

AI-Driven Blockchain That Could Finally Dethrone Ethereum in December 2024

The post AI-Driven Blockchain That Could Finally Dethrone Ethereum in December 2024 appeared on BitcoinEthereumNews.com. Ethereum has long been the cornerstone of decentralized applications, dominating the DeFi, NFT, and smart contract spaces. However, as December 2024 progresses, a revolutionary contender has emerged: Lightchain AI. This blockchain integrates cutting-edge artificial intelligence with decentralized technology, positioning itself […]

DMM Bitcoin’s Closure Unfolds Amid Hack Investigation and Account Transfer to SBI VC Trade

The post DMM Bitcoin’s Closure Unfolds Amid Hack Investigation and Account Transfer to SBI VC Trade appeared on BitcoinEthereumNews.com. The Japanese crypto exchange DMM Bitcoin is set to cease operations following a massive $320 million hack that disrupted its services earlier this year. The exchange announced that customer accounts and assets would be transferred to […]

Cardano and Solana Traders Shift Attention to RCO Finance for a 33,000% ROI by 2025

The post Cardano and Solana Traders Shift Attention to RCO Finance for a 33,000% ROI by 2025 appeared on BitcoinEthereumNews.com. Cardano (ADA) and Solana (SOL) did well in November. However, as December rolls in, they’ve been re-investing profits into more promising projects. Most traders’ and investors’ #1 pick is RCO Finance (RCOF), a new SolidProof […]

Hut 8 Files Motion to Dismiss Shareholder Lawsuit Amid Short Seller Allegations and Stock Recovery

The post Hut 8 Files Motion to Dismiss Shareholder Lawsuit Amid Short Seller Allegations and Stock Recovery appeared on BitcoinEthereumNews.com. Hut 8 Corp confronts a shareholder lawsuit, asserting it stems from manipulative short-selling practices aimed at deflating the company’s stock value. The Bitcoin mining company alleges that the lawsuit reflects the tactics of short sellers […]

XRP, Bitcoin See Lack Of Euphoria: Why This Is Bullish

The post XRP, Bitcoin See Lack Of Euphoria: Why This Is Bullish appeared on BitcoinEthereumNews.com. Data shows social media users aren’t euphoric towards Bitcoin, XRP, and other top cryptocurrencies despite the market-wide surge, a sign that could be bullish for their prices. Positive Sentiment Vs. Negative Sentiment Ratio Remains Low For Top Coins According to […]

DCG’s Bitcoin Mining Giant Restructures

The post DCG’s Bitcoin Mining Giant Restructures appeared on BitcoinEthereumNews.com. Foundry, a major mining pool and a subsidiary of DCG, laid off 60% of its staff. These layoffs targeted the company’s non-core functions, including its entire hardware team and a possible future sale of mining site operations. However, DCG founder Barry Silbert is also launching […]

DCG-Backed Bitcoin Miner Foundry Cuts 60% of Workforce: Report

The post DCG-Backed Bitcoin Miner Foundry Cuts 60% of Workforce: Report appeared on BitcoinEthereumNews.com. Bitcoin mining firm Foundry has implemented a job cut that impacted as many as 60% of its workforce. According to a Blockspace report citing anonymous sources, the firm’s layoff exercise spanned staff in the United States and international offices. With a […]

Foundry’s Recent Layoffs Prompt Questions About Bitcoin Mining Pool’s Future Amid Industry Challenges

The post Foundry’s Recent Layoffs Prompt Questions About Bitcoin Mining Pool’s Future Amid Industry Challenges appeared on BitcoinEthereumNews.com. Foundry, the world’s largest Bitcoin mining pool, has made significant workforce reductions, laying off 60% of its staff as it pivots its strategy. The layoffs are seen as a move to streamline operations, aligning with Digital Currency […]

XRP Price Swings Wildly: Can It Resume Its Rally?

The post XRP Price Swings Wildly: Can It Resume Its Rally? appeared on BitcoinEthereumNews.com. XRP price saw a couple of swing moves from the $2.85 resistance. The price is consolidating near $2.50 and might aim for more gains above the $2.65 level. XRP price is struggling to gain pace for a move above the $2.80 […]