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Day: December 5, 2024

Pudgy Penguins Soar
Web3

Pudgy Penguins Soar to $62K High

ByAnshul December 5, 2024December 5, 2024

Ethereum-based NFT collection Pudgy Penguins has seen a dramatic price surge, with its floor price climbing over 40% this week to reach a new all-time high of $62,000. This milestone…

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Dogecoin Mining Outshines Bitcoin for BIT Mining
Cryptocurrency

Dogecoin Mining Outshines Bitcoin for BIT Mining

Bybennysteele December 5, 2024December 5, 2024

Bitcoin miner BIT Mining (NYSE: BTCM) has revealed that Dogecoin and Litecoin mining has proven far more profitable than Bitcoin mining. The Ohio-based company announced Wednesday that diversifying its operations…

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Trump claims credit
Featured Article | Web3

Trump Claims Credit for Bitcoin’s $100K Milestone

ByAnshul December 5, 2024December 5, 2024

President-elect Donald Trump took to Truth Social on Wednesday to celebrate Bitcoin’s groundbreaking surge past $100,000, claiming partial credit for the milestone. “Congratulations Bitcoiners,” Trump wrote. “$100,000!!! You’re welcome!!! Together,…

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Mt. Gox wallet moves
Featured Article | Web3

Mt. Gox Wallet Moves $2.8 Billion in Bitcoin

ByGlitch December 5, 2024December 5, 2024

A wallet associated with Mt. Gox moved 27,871 Bitcoin, valued at $2.8 billion, late Wednesday evening, coinciding with Bitcoin’s historic rise above $100,000. Despite the significant transfer, the market remained…

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Blackrock's Bitcoin ETF
Uncategorized

BlackRock’s Bitcoin ETF Hits $50 Billion Milestone

Bybennysteele December 5, 2024December 5, 2024

BlackRock’s iShares Bitcoin Trust (IBIT) has surpassed $50 billion in assets under management (AUM) in just 228 days, marking the fastest growth ever for an exchange-traded fund (ETF). For comparison,…

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Bitcoin hits $100K
Uncategorized

Bitcoin Hits $100K: A Milestone Moment

Bybennysteele December 5, 2024December 5, 2024

Bitcoin has finally crossed the long-anticipated $100,000 mark, hitting $101,000 late Wednesday evening, according to Coinbase data. This historic moment comes more than 15 years after Satoshi Nakamoto mined the…

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