Profile: 6789a157...
BTC’s Climb Lifts Miner Revenue, Restoring Hashprice to June Levels.
As bitcoin’s price rises to new heights, miners are cashing in, with the value of 1 petahash per second (PH/s) of SHA256 hashrate reaching the highest peak in 152 days.
[Source](https://news.bitcoin.com/btcs-climb-lifts-miner-revenue-restoring-hashprice-to-june-levels/)
Bitcoin and Ethereum ETFs Rake in Nearly $1 Billion in a Single Day.
Tuesday saw a nice windfall for spot bitcoin (BTC) and ether (ETH) exchange-traded funds (ETFs), with nearly $1 billion flowing in, according to the latest data from sosovalue.com.
[Source](https://news.bitcoin.com/bitcoin-and-ethereum-etfs-rake-in-nearly-1-billion-in-a-single-day/)
Trump win sets path to $100K Bitcoin price — Copper head of research
Pro-crypto regulation under the incoming Trump administration could push Bitcoin toward $100,000 by early 2025 as institutions accelerate adoption.
[Source](https://cointelegraph.com/news/trump-win-bitcoin-100k-crypto-regulation-influence)
Bitcoin Frenzy Unleashed: Glassnode’s Study Shows 95% Supply in Profit.
Bitcoin has reached a new all-time high (ATH), driven by strong demand in spot markets and a wave of institutional investments, as detailed in a report from Glassnode researchers Cryptovizart and Ukuria OC.
[Source](https://news.bitcoin.com/bitcoin-frenzy-unleashed-glassnodes-study-shows-95-supply-in-profit/)
Bitfufu Secures $100 Million Credit Line From Antpool Technologies.
Singapore-based cloud mining service Bitfufu has obtained a $100 million credit line from Antpool Technologies, intended to reinforce its bitcoin holdings.
[Source](https://news.bitcoin.com/bitfufu-secures-100-million-credit-line-from-antpool-technologies/)
MARA Holdings falls 9% after-hours after Q3 revenue miss
Mara Holdings posted a net loss for Q3 and missed analyst revenue estimates despite mining more Bitcoin blocks and boosting its energized hashrate by 17%.
[Source](https://cointelegraph.com/news/bitcoin-miner-mara-falls-after-hours-q3-revenue-miss)
AI Firm Genius Group Adopts Bitcoin as Primary Treasury Asset; Shares Spike 50%
Shares are now trading at $0.70 after initially spiking up to $1.
Trump hints at pushing through SEC chair with recess appointment
The Republican promised to fire SEC Chair Gary Gensler “on day one,” but a tweet suggested he would also attempt to circumvent the Senate confirmation process for a replacement.
[Source](https://cointelegraph.com/news/donald-trump-sec-chair-senate-recess-appointment)
El Salvador and Bhutan see Bitcoin holdings surge amid market rally
El Salvador and Bhutan see major gains in Bitcoin holdings as BTC nears $90,000, increasing the value of their crypto assets by millions amid the latest market rally.
*Seven-day chart of El Salvador Government’s Bitcoin Holdings. Source: Arkham Intelligence*
[Source](https://cointelegraph.com/news/el-salvador-bhutan-bitcoin-holdings-surge)
Bitcoin ETFs rope in $2.6B investments amid weekly bull run
Investors increased exposure to Bitcoin and Ether ETFs as a strong price rally fueled unprecedented inflows.
[Source](https://cointelegraph.com/news/bitcoin-price-rally-spot-etfs-inflows-nov-2024)
Hive Digital buys 6,500 ASICs, starts Paraguay construction
Hive Digital converted some of its capacity to AI after the Ethereum Merger, and now it is upgrading its Bitcoin mining capacity.
[Source](https://cointelegraph.com/news/hive-digital-paraguay-bitcoin-mining-expansion)
Volmageddon' — Bitcoin ETFs, Coinbase, MicroStrategy trading vol hits $38B
The combined daily trading volume of shares in MicroStrategy, Coinbase and Bitcoin ETFs hit $38 billion as Bitcoin breached $89,000.
[Source](https://cointelegraph.com/news/bitcoin-etfs-crypto-stocks-record-trading-volumes)
Chinese microchip company says it’s now accepting Bitcoin as payment
Huangzhou-based crypto mining chip maker Nano Labs saw its share price rise slightly after announcing it will start accepting Bitcoin as payment.
[Source](https://cointelegraph.com/news/chinese-microchip-company-ccepting-bitcoin-as-payment)
Trump isn’t the only ‘story’ driving Bitcoin’s price higher, says exec
Donald Trump’s win in the United States presidential election may not be the “main story” driving the Bitcoin price rally, says Onramp Bitcoin co-founder Jesse Myers.
[Source](https://cointelegraph.com/news/post-halving-supply-shock-drive-bitcoin-prices-higher)
Trump’s 2nd term to start with trifecta as Republicans tipped to win House
The Republicans will have total control of the executive branch and all of Congress after the GOP was projected to keep a majority in the House.
[Source](https://cointelegraph.com/news/donald-trump-election-trifecta-republicans-win-house)
New record: Bitcoin surpasses $1.6 trillion market cap
With Bitcoin’s new all-time high exceeding $81,000, its market cap has surpassed $1.6 trillion, fueling crypto’s ongoing bull market.
[Source](https://cointelegraph.com/news/bitcoin-ath-market-cap-1-6-trillion)
Nansen scales analytics beyond Ethereum with Bitcoin L2 integration
By supporting Bitlayer, Nansen plans to build the foundation for deeper BTC L2 insights and more efficient decision-making.
[Source](https://cointelegraph.com/news/nansen-bitcoin-layer-2-bitlayer-analytics)
MicroStrategy buys $2B in Bitcoin, boosts holdings to $23B
MicroStrategy’s latest announcement shows that its Bitcoin holdings have reached 279,420 BTC, worth almost $23 billion.
[Source](https://cointelegraph.com/news/microstrategy-buys-2-billion-in-bitcoin)
MicroStrategy’s Bitcoin portfolio surpasses $20B, ROI now over 100%
The Bitcoin-stacking firm bought Bitcoin 42 times at a dollar cost average of $39,292, according to BitcoinTreasuries data.
[Source](https://cointelegraph.com/news/microstrategy-bitcoin-portfolio-surpass-20-billion)
Bitcoin to be ‘political imperative,’ owning none ‘a liability’ — NYDIG
NYDIG’s research head Greg Cipolaro said “there are no excuses” for investors to shirk Bitcoin after Donald Trump and the Republicans’ US elections sweep.
[Source](https://cointelegraph.com/news/bitcoin-political-imperative-no-exposure-liability-nydig)