Ethiopia Emerges as Africa's Bitcoin Mining Powerhouse with Green Energy Revolution
Ethiopia has captured 2.5% of global Bitcoin mining hash rate through renewable energy initiatives, attracting over $1 billion in infrastructure investments. The nation's competitive electricity rates and hydroelectric power from the Grand Ethiopian Renaissance Dam are driving sustainable mining growth while supporting rural electrification.
Tesla Resumes Bitcoin Payments as Mining Goes Green
Tesla announces the return of Bitcoin payments for vehicle purchases as cryptocurrency mining surpasses 50% renewable energy usage. The milestone decision follows Elon Musk's previous suspension of Bitcoin transactions and reflects the industry's shift toward sustainable practices.
MicroStrategy Bolsters Bitcoin Portfolio with $209M Strategic Purchase
Business intelligence giant MicroStrategy expands its Bitcoin holdings to 446,400 BTC with a $209 million purchase at an average price of $97,837 per coin. The acquisition, funded through share sales, marks the company's eighth consecutive week of Bitcoin purchases under Michael Saylor's leadership.
Bitcoin's Real Value Hits $1.03T: New Metric Reveals True Investment Landscape
Bitcoin's stored value surges 85% to $1.03 trillion in 2024, according to CryptoQuant analysis combining on-chain and off-chain data. This new metric offers deeper insights into actual capital invested versus market cap, suggesting growing institutional confidence in Bitcoin as a store of value.
Education Giant Genius Group Expands Bitcoin Treasury to $30M in Bold Strategic Move
NYSE-listed Genius Group has ramped up its Bitcoin holdings by 50% to reach $30M, acquiring an additional $10M worth of BTC. The AI-powered education company aims to allocate 90% of reserves to Bitcoin with an ambitious $120M investment target.
Ethereum Surpasses Bitcoin in Long-Term Investor Loyalty Despite Lower Price Gains
Data from IntoTheBlock reveals Ethereum has retained more long-term holders than Bitcoin in 2024, maintaining 75% compared to Bitcoin's 62%. This shift comes despite Bitcoin's superior price performance, suggesting evolving market dynamics influenced by ETF approvals and platform upgrades.
Bitcoin Sentiment Cools as Price Retreats to $93K in Year-End Slump
Bitcoin's market sentiment indicator drops to 65 from November's peak of 94, reflecting waning investor confidence despite remaining in 'greed' territory. The leading cryptocurrency has declined 13.7% over 12 days as traders seek refuge in stablecoins amid technical predictions of continued price volatility.
Bitcoin to $350K: Kiyosaki Challenges BlackRock's ETF Strategy
Robert Kiyosaki, author of 'Rich Dad Poor Dad', reaffirms his bold Bitcoin price prediction while questioning BlackRock's ETF outflows. He suggests institutional manipulation may be enabling large investors to accumulate Bitcoin below $100K, emphasizing direct cryptocurrency ownership over ETF investments.
El Salvador's Bitcoin Treasury Surges Past 6,000 BTC, Marking Historic Milestone in Sovereign Digital Assets
El Salvador strengthens its position as the world's sixth-largest sovereign Bitcoin holder, accumulating over 6,000 BTC worth $569 million with a 108% return on investment. Despite IMF concerns, the nation remains committed to its cryptocurrency strategy, planning to accelerate Bitcoin acquisitions while celebrating its financial independence.
Bitcoin Social Media Buzz Hits Record High as Market Milestones Drive 65% Surge in X Conversations
Bitcoin discussions on X platform skyrocketed 65% in 2024, generating over 140 million posts amid major developments like spot ETF approvals and new price records. The surge reflects growing mainstream adoption as the cryptocurrency reached $108,000 while navigating institutional flows and market dynamics.