Bitcoin Mining Industry Faces Profitability Pressure Bitcoin miners are rethinking their strategies as market volatility and declining margins make traditional mining less sustainable. The recent price fluctuations and competitive mining environment have led many operators to diversify their income streams. Analysts estimate that miner profits fell by over 7% in September, underscoring the challenges faced…
Korea’s First Publicly Regulated Bitcoin Purchase Bitplanet Inc. has officially entered Bitcoin accumulation, purchasing 93 BTC as part of its new daily buy program. The KOSDAQ-listed firm becomes Korea’s first publicly traded company to execute a regulated Bitcoin acquisition. Executives say this move marks a pivotal shift in the nation’s corporate approach to digital assets.…
Bitcoin’s Liquid Supply Faces Unprecedented Decline Bitcoin may soon face one of the most significant liquidity crises in its history. According to Fidelity, up to 42% of Bitcoin’s circulating supply could become illiquid by 2032. This projection equates to roughly 8.3 million BTC locked away in wallets unlikely to re-enter the market. The growing adoption…
SEC Flags Illegal Bitcoin Investment Operations The Securities and Exchange Commission (SEC) in Butuan City has issued an urgent public warning about two unregistered investment operations preying on residents across the Caraga region. Officials identified a certain Christabel Arroyo and an entity known as De Guzman Consumer Goods Trading as operators of unauthorized investment solicitations.…
Dogecoin Rebounds Sharply as Market Sentiment Turns Positive Dogecoin (DOGE) is getting a lot of attention again after bouncing back strongly from lows of about $0.19 in early October. The meme coin, which has always been popular because of its community, has risen beyond $0.20 thanks to more trade and better feelings in the crypto…
BNB Consolidation Strengthens as Traders Watch for Breakout As traders get ready for what may be the next big step in Binance Coin’s (BNB) continuous ascent, it continues to get a lot of attention in the market. After weeks of moving sideways, experts now see signals that BNB may be getting ready for a bullish…
Litecoin Breaks Out After Years of Ethereum Dominance Litecoin (LTC) is making a big return after breaking above a long-standing resistance level on the LTC/ETH chart. This ends years of poor performance. The clear breakout has gotten the market’s attention, signifying a likely trend reversal as experts point out that the fundamentals and technical strength…
Kaspa: A Technological Powerhouse Still Flying Under the Radar Kaspa (KAS) is still not listed on any of the big exchanges, which has led to a lot of disagreement among crypto experts over how technically advanced it is as a Proof-of-Work (PoW) project. Kaspa has concentrated on substance instead of hype and finance. It has…
ADA Price Weakens Amid Market Pullback This week, Cardano (ADA) is under further selling pressure, and the price is dropping, approaching $0.62, as the overall mood in the crypto market gets worse. ADA is still in a consolidation period, even though it had a few little bounces earlier in October. It is having trouble gaining…
Shiba Inu Burn Rate Explodes But Price Fails to React This week, the Shiba Inu community saw one of the biggest token burns in its history. More than 920,000 SHIB tokens were permanently taken out of circulation. The burn rate shot up an incredible 836,955% in just 24 hours, showing that the community is strongly…
