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Tokyo’s Metaplanet Grows Its Bitcoin War Chest to $45 Million

Metaplanet, a company listed on the Tokyo Stock Exchange, has bolstered its bitcoin (BTC) holdings with the purchase of an additional 108.99 BTC. Following this recent acquisition, the Japanese investment…

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New Twist in Mt Gox Repayments: Creditors to Wait Until 2025

Nobuaki Kobayashi, the trustee in charge of overseeing Mt Gox’s remaining assets, has pushed back the deadline for creditor repayments by a year, now set for Oct. 31, 2025. Mt…

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Looming Bitcoin Crash? Peter Brandt Sounds the Alarm on Potential 75% BTC Price Drop

Veteran commodity trader Peter Brandt has suggested that the price of Bitcoin (BTC) could drop by as much as 75%. The 77-year-old based his warning on the observation that in…

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Heavy Sell-Off Pushes Bitcoin to $58.8K, Cautious Buying Fuels Modest Recovery

The price of bitcoin dipped to $58,867 on Thursday, around 2 p.m. Eastern Time, but by 8:50 p.m. it had climbed back above $60,000. The initial drop reflected heavy selling…

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Bitcoin Shatters All-Time Hashrate Record at 698 EH/s as Miners Defy Market Challenges

According to the latest network data, bitcoin’s computational power hit an all-time peak today on Oct. 10, 2024, reaching 698 exahash per second (EH/s). This new record surpasses the previous…

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Bitmain Rolls out New High-Efficiency Bitcoin Mining Machines, Topping 319 TH/s

Bitcoin mining rig manufacturer Bitmain has just rolled out two new rigs, boasting a hashrate of up to 216 terahash per second (TH/s) for their air-cooled model and 319 TH/s…

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