Jack Dorsey’s Block Bets Big on Bitcoin Mining 

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Block, Inc. has outlined a strategic pivot to expand its presence in bitcoin mining, signaling a commitment to the cryptocurrency sector and its infrastructure needs, according to its recent third-quarter shareholder letter. Block’s New Investment Focus on Bitcoin Mining Infrastructure In a letter to shareholders, Block identifies bitcoin mining as a key growth path, driven […]

Bitcoin Skyrockets to Historic $77K – BTC Short Sellers Take a $24M Hit

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At precisely 2:30 p.m. ET on Friday, bitcoin reached a fresh all-time high on Bitstamp, hitting $77,112 per coin. This latest peak redefined bitcoin’s USD value once again. Trading in the mid-$76,500 range, bitcoin gained about 1% over the past 24 hours. Over the week, BTC has climbed 10.7%, showing a 14.8% rise over the […]

Zimbabwe Imposes $50-$2,500 Licensing Fee on Whatsapp Admins to Curb Misinformation

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Zimbabwe’s government has introduced a licensing requirement for Whatsapp group administrators to curb misinformation and enhance accountability on social media platforms. The licensing fee ranges from $50 to $2,500, depending on the type of Whatsapp group. Administrators must provide personal information to obtain a license from the Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ). […]

Bitcoin’s Path to the Top: What It Will Take to Dethrone Silver, Apple, Nvidia, and Gold

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At press time, with bitcoin floating comfortably above $76,000, the flagship cryptocurrency holds its ground as the ninth largest asset worldwide by market capitalization. Bitcoin Overtakes Meta, Sets Sights on Silver in the Global Asset Race On Fri., Nov. 8, 2024, bitcoin (BTC) officially takes its place as the ninth largest asset globally, overtaking Meta’s […]