7 Nov 24 - ⚡️ Hut 8 boosts Bitcoin mining with 31,145 BITMAIN Antminer S21+ ASICs, aiming for a 66% increase in self-mining hashrate by Q1 2025. This upgrade cuts energy use by 37% and sets Hut 8’s path to 24 EH/s, backed by a $150M investment into AI and high-performance computing.
7 Nov 24 - 🚨 81 arrested in South Korea after Bitcoin mining scammers accidentally targeted a detective. The officer played along, leading to a major bust. The scammers promised “guaranteed profits” via fake mining rigs, swindling $1.6M from victims in “free trials.”
7 Nov 24 - 📈 BlackRock’s iShares Bitcoin Trust (IBIT) hit a record $4.1B trading volume after Trump’s win, as Bitcoin surged past $75K. Total Bitcoin ETF volume topped $6B, with IBIT leading. Analyst views Trump’s pro-crypto stance as a potential “golden age” for BTC.
6 Nov 24 - 🇺🇸 Historic moment for crypto: Over 219 pro-crypto lawmakers elected to U.S. House and Senate, per Coinbase CEO Brian Armstrong. With Trump winning, Bitcoin surged to $75.3K as market eyes his pro-crypto agenda, projecting BTC could hit $120K soon.
6 Nov 24 - 🚀 Bitcoin now ranks 9th in global market cap, surpassing Meta with a $1.46T valuation as it reaches $73,800 per BTC. Optimism on Trump’s potential crypto-friendly win fuels this rally, setting BTC up to climb further if bullish momentum holds into 2025.
6 Nov 24 - 📈 Bitcoin hit a new high of $75K, wiping out $180M in short positions as traders bet big on spot demand. Analysts note it’s spot-driven, meaning lasting growth. A Trump win could fuel further gains, with some predicting a potential $100K BTC by Q1 2025.
Review of MicroBT Whatsminer M30Sat https://youtu.be/8fUv0J4ut8o
6 Nov 24 - 🚀 Bitcoin hits record highs over $75K as Trump leads election polls. Pro-crypto stance from Trump, including a national Bitcoin reserve and SEC shakeup, fuels optimism. Market eyes $100K as regulatory support and BTC’s 4-year cycle align for a potential breakout.
6 Nov 24 - 📈 Bitcoin briefly soared past $75K, hitting a new high as Trump leads over Harris in the U.S. election. Trump’s pro-crypto stance, including pledges to hold Bitcoin in a national reserve, has fueled BTC’s rally, marking a shift from Biden’s regulatory crackdown.
6 Nov 24 - 📊 Bitcoin mining difficulty hit a record 101.65T on Nov 5, signaling strong miner activity as BTC trades near $69K. With U.S. election results pending, BTC’s implied volatility is low, while traders adopt a “wait-and-see” approach, per Bitfinex analysts.
6 Nov 24 - 📊 Bitcoin may never dip below $60K, says economist Alex Krüger, marking a new “fair value” threshold. Long-term indicators, including the 200-week moving average, hint BTC’s floor is around $40K. Bitfinex analysts predict a rally to $80K by end of 2024.
6 Nov 24 - 📉 Bitcoin long-term holders sold 177,617 BTC recently, hinting at a trend shift as prices rise. Mining restrictions in eco-friendly areas may push miners to higher-emission regions, raising global carbon output, signaling a need for balanced regulation.
6 Nov 24 - 🥋 Former MMA fighter Ben Askren has become a strong Bitcoin advocate, using social media to promote financial empowerment. Since 2019, he’s pushed Bitcoin and Litecoin as tools for independence, merging his fight for autonomy in sports with crypto advocacy.
6 Nov 24 - 📊 Semler Scientific boosts its Bitcoin holdings to 1,058 BTC, adding 47 BTC for $3M. Total spent on BTC now at $71M, worth $71.4M at $67.5K per BTC. Chairman Eric Semler plans further BTC buys, funded by operations and sales from its $50M stock program.
6 Nov 24 - 📈 Bitcoin surges past $70K as U.S. election unfolds. Bitcoin gains momentum amid Trump’s pro-crypto stance, with promises to make the U.S. a “crypto capital.” Analysts see BTC tied to election outcomes.
6 Nov 24 - 💸 Mt. Gox moves $2.19B in Bitcoin—32,371 BTC split into two wallets, fueling creditor repayment hopes. Following a 500 BTC transfer days earlier, the exchange continues restructuring as the repayment deadline extends to Oct. 31, 2025, per Arkham Intelligence.
Review of SafePal S1 Hardware Wallet at https://youtu.be/Qoufm9JZ4bE
5 Nov 24 - 📈 U.S. election tomorrow – experts predict Trump win could push Bitcoin to $90K-$125K, while a Harris victory may dip BTC to $50K. Despite short-term swings, analysts like Bernstein see BTC hitting $200K by 2025, driven by global macro factors.
5 Nov 24 - 🌍 Russia’s Sovereign Wealth Fund backs BTC mining across BRICS, aiming to bolster trade with Bitcoin. This could boost BTC’s global acceptance but risks network centralization. With BRICS expansion, some predict BTC could reach $3M by 2050 if adoption grows.
5 Nov 24 - 📉 Bitcoin addresses with over 1 BTC fell from 1.024M to 1.013M in 2024, showing slight selling or distribution. Despite this, 99% of BTC holders are in profit, fueled by institutional interest and ETF approvals, pushing Bitcoin close to record highs at $69,608.