Bitcoin
-
Cryptocurrency
MicroStrategy to Enter Nasdaq 100 Following Success of Bitcoin Strategy
MicroStrategy, a leading software company renowned for its audacious Bitcoin strategy, is poised for a significant milestone: inclusion in the esteemed Nasdaq 100 Index. This index comprises the largest non-financial entities and, with MicroStrategy’s potential entry, may soon see a reshuffling that could replace underperforming companies like Moderna. Industry analysts anticipate an official announcement this week, with the inclusion expected to take effect on December 23. MicroStrategy’s Bitcoin Bet Pays…
Read More » -
Cryptocurrency
MicroStrategy to Enter Nasdaq 100 Following Successful Bitcoin Strategy
MicroStrategy, a leading software company renowned for its audacious Bitcoin strategy, is poised for a significant milestone: potential inclusion in the prestigious Nasdaq 100 Index. This index, which features the largest non-financial companies, may soon welcome MicroStrategy, possibly replacing less performing firms like Moderna. According to Bloomberg analysts, the official announcement is anticipated this week, with the inclusion expected by December 23. MicroStrategy’s Bitcoin Bet Pays Off MicroStrategy’s remarkable rise…
Read More » -
Cryptocurrency
Bitwise’s Ten Daring Forecasts for 2025: The Golden Age of Crypto
In a recent social media update, Bitwise has expressed a highly optimistic outlook for the cryptocurrency market, particularly as we move into 2025. Reflecting on the developments of 2024, Bitwise anticipates a golden era for digital currencies, driven by the momentum that has been building over the past year. Crypto: The Real Winner! The year 2024 proved to be monumental for the cryptocurrency sector. Bitcoin, the flagship digital currency, reached…
Read More » -
Cryptocurrency
Bitwise’s 10 Daring Forecasts for 2025: Crypto’s Golden Age
In a recent statement that has sent ripples through the cryptocurrency community, Bitwise has laid out a highly optimistic vision for the crypto market. Emphasizing that 2024 was a pivotal year, the company anticipates that 2025 will usher in unprecedented growth and the dawn of a new golden era for digital currencies. Crypto: The Real Winner! The year 2024 marked a monumental period for cryptocurrency, with Bitcoin surging to a…
Read More » -
Cryptocurrency
Considering Buying Bitcoin? MARA Invests $1.1 Billion in BTC
In a notable move within the cryptocurrency sector, Marathon Digital Holdings (MARA), a leading Bitcoin (BTC) mining firm, has significantly boosted its Bitcoin holdings. The company has acquired an impressive 11,774 BTC for a staggering $1.1 billion. This strategic acquisition took place during a market downturn, allowing them to purchase Bitcoin at an average cost of $96,000 each. MARA’s Expanding Bitcoin Holdings With this substantial acquisition, Marathon Digital Holdings has…
Read More » -
Cryptocurrency
Considering Buying Bitcoin? MARA Purchases $1.1 Billion Worth
In a bold move within the cryptocurrency industry, Marathon Digital Holdings (MARA), a prominent Bitcoin (BTC) mining company, has strategically acquired 11,774 Bitcoins, investing a staggering $1.1 billion. This acquisition comes amidst a market downturn, with MARA seizing the opportunity to purchase BTC at an attractive average price of $96,000 per coin. MARA’s Expanding Bitcoin Portfolio The recent acquisition significantly boosts MARA’s total Bitcoin holdings to an impressive 40,435 BTC.…
Read More » -
Cryptocurrency
Eric Trump Predicts Bitcoin Value to Reach $1 Million
Eric Trump recently took center stage at the Bitcoin MENA conference, underlining the Trump family’s deepening involvement in the cryptocurrency realm. This event is significant as it reflects a pivotal moment in their journey, aligning with former President Donald Trump’s evolving view of digital currencies. Initially a skeptic, Donald Trump has become more supportive of cryptocurrencies, a shift that became more pronounced after his 2024 election victory. A Shift in…
Read More » -
Cryptocurrency
Eric Trump Predicts Bitcoin Valuation to Reach $1 Million
Eric Trump recently took a significant step into the world of cryptocurrency by addressing attendees at the Bitcoin MENA conference. His presence at the event underscores the Trump family’s increasing engagement with digital currencies. This comes at a pivotal time, reflecting a notable evolution in attitude, especially with his father, Donald Trump, transitioning from initial skepticism to a more favorable view of cryptocurrencies. This shift became particularly evident following Donald…
Read More » -
Cryptocurrency
Does Quantum Computing Pose a Risk to Bitcoin’s Security?
In the rapidly evolving world of cryptocurrency, Elliptic Curve Cryptography (ECC) serves as the foundational security mechanism for Bitcoin. If this cryptographic backbone is ever compromised, the entire Bitcoin system faces the risk of collapse. Breaking Bitcoin’s ECC is no simple task; it requires approximately 2,500 logical qubits. However, the looming advancement of quantum computing suggests that this might become a reality within the next 5 to 15 years. Is…
Read More » -
Cryptocurrency
Is Bitcoin’s Security at Risk from Quantum Computing?
Elliptic Curve Cryptography (ECC) serves as the foundational security mechanism for Bitcoin. Yet, if ECC were to be compromised, the entire Bitcoin ecosystem could potentially face catastrophic failure. Current estimates suggest that around 2,500 logical qubits would be required to breach Bitcoin’s ECC. The pressing concern is that quantum computing might reach this capability within the next 5 to 15 years. Charles Edwards, the founder of Capriole Investments, has recently…
Read More »
