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CryptoTigar
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#CryptoMarketDip Bitcoin miner Canaan rolls out mining rigs as home heaters at CES 2025 Bitcoin miner manufacturer Canaan has introduced the Avalon Mini 3 and Nano 3S, rigs that mine crypto while also doubling as home heaters. Canaan, a tech company known for its ASIC chip design and development, is taking another shot at something other mining companies have experimented with: making Bitcoin Bitcoin btc -5.5% Bitcoin mining rigs that double as heaters. At CES in Las Vegas, Canaan announced two new Bitcoin mining devices: the Avalon Mini 3 and Avalon Nano 3S. The rigs are designed to make crypto mining more accessible and to help turn home heating into a byproduct of mining, the company said in a press release on Jan. 8. The Avalon Mini 3 has a hashrate of 37.5Th/s and is built to mine Bitcoin while also providing heat for a home. Canaan claims the device “quiet design” as well as “energy-efficient solution for mining newcomers and enthusiasts.” The Avalon Nano 3S, which has a hashrate of 6Th/s, is an upgraded, more affordable version aimed at beginners. It’s small and portable, making it suitable for those who want to start mining without a big setup, the company says. Canaan founder NG Zhang says the main goal with the latest devices is to make Bitcoin mining “accessible to everyone,” adding that the company is trying to reimagine “how technology can create value while minimizing environmental waste.” Canaan is offering a preorder deal until the end of February. The Avalon Nano 3S is priced at $249, and the Avalon Mini 3 is priced at $899 while supplies last. This isn’t the first time mining hardware companies have tried turning crypto rigs into household devices. Companies like Heatbit and D-Central have introduced heaters that also mine cryptocurrency. While the concept is intriguing, it appears that these devices haven’t gained much traction due to high costs, noise, and crypto market volatility, keeping them in a niche market for now.$BTC
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$BNB Bitcoin ETF inflows slump as BTC falls over 5% amid macroeconomic pressures Spot Bitcoin exchange-traded funds experienced a sharp drop in inflows on Jan. 7 as Bitcoin fell 5%, driven by rising expectations of a more hawkish approach from the Federal Reserve. Bitcoin, the world’s largest cryptocurrency, surged past $102,000 yesterday, sparking renewed optimism among investors anticipating a market rally ahead of President-elect Donald Trump’s upcoming inauguration. However, the gains were short-lived as Bitcoin dropped by 5.7% within 24 hours, weighed down by rising U.S. bond yields and investor caution ahead of key economic updates, including the Federal Reserve’s meeting minutes and nonfarm payroll data. The increase in bond yields has fueled expectations of a more hawkish stance from the Federal Reserve. Officials have already signaled plans for only two interest rate cuts in 2025, fewer than previously anticipated. Investors are now awaiting the Fed’s meeting minutes, set to be released on Wednesday,Jan. 8, for more clarity on policymakers’ deliberations. Further pressure on Bitcoin came from a U.S. Labor Department report revealing job vacancies had climbed to a six-month high, driven by growing demand in the services sector. It precedes the crucial nonfarm payroll report scheduled for Friday. A stronger-than-expected jobs report could solidify expectations of prolonged Fed tightening, as a resilient labor market may continue to fuel inflationary pressures. Bitcoin ETF inflows plunge by 94% The falling Bitcoin price resulted in inflows of just $52.9 million across the 12 Bitcoin ETFs on Jan. 7, as expectations of a hawkish stance from the Federal Reserve dampened risk-on sentiment among investors. Notably, this figure represents a 94% drop compared to the $987 million inflows recorded the previous day. According to data from SoSoValue, BlackRock’s IBIT was the only BTC ETF to record an inflow on Tuesday. The asset manager’s spot Bitcoin ETF drew in $596.11 million of inflows managing to offset the collective outflows.
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#BTC100KTrumpEffect Trader turns $2K into $3.2M in 10 hours on metaverse token The savvy trader made an over 1,500-fold return on investment despite the broader crypto market slump. A trader generated over $3.2 million in profit despite a slump in the broader crypto markets, which are still recovering from a lack of liquidity during the holiday season. The unidentified trader turned an initial investment of $2,137 into over $3.2 million by trading the newly launched Hyperfy (HYPER) token. The return equates to more than 1,500 times the initial investment in just 10 hours, according to blockchain analytics platform Lookonchain, which detailed the feat in a Jan. 6 post on X: “Turned $2,137 into $3.24M in just 10 hours—a 1,515x return… Since then, the trader has been taking profits, selling a total of 17.88M HYPER for 10,286 SOL($2.21M) and still holding 4.12M HYPER ($1.03M).” The Hyper token rose to an all-time high of $0.26 at 12:30 pm UTC before falling to $0.19 at 2:15 pm. Its market capitalization currently exceeds $198 million, according to Raydium data. Some traders win millions despite crypto market corrections Some crypto traders have been making millions even during the current crypto market slump, which saw Bitcoin BTC tickers down $100,853 trading under the $100,000 mark since Dec. 19, Cointelegraph Markets Pro data shows. At the end of December, another trader made over $1.1 million in unrealized profit within two days on his 5x leveraged Ether ETH tickers down $3,639.95 short position. Short-selling involves borrowing the underlying cryptocurrency, selling it at the current price, and later repurchasing it at a lower price, allowing traders to capitalize on declining market trends. Other traders are benefiting from the volatility of memecoins despite their intrinsic lack of utility. On Dec. 14, a crypto trader turned $27 into $52 million by capitalizing on the Pepe PEPE tickers down $0.00002033 memecoin rally. The unknown trader has held his initial investment for over 600 days.
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#BinanceMegadropSolv Bitcoin gurus see these BTC price levels hitting next as $100K holds Bitcoin is shifting traders' expectations by holding six figures as bullish BTC price patterns return to the radar. Bitcoin continued to trade above $100,000 on Jan. 7 after a choppy Wall Street trading session. Where will its price go next? Traders and other market commentators shared their short-term Bitcoin BTC tickers down $100,830 price predictions as data from Cointelegraph Markets Pro and TradingView confirmed 4% daily gains. Bitcoin “head and shoulders” ripe for failure Bitcoin bulls beating a path back to six figures means that some bearish chart signals may no longer be valid. Among them is the “head and shoulders” pattern on daily timeframes that had been playing out through December. Here, an uptrend traditionally reverses in three local peaks, two lower “shoulders” with a higher “head” between them. In Bitcoin’s case, the current all-time high of $108,000 marked the head. For trader and analyst Aksel Kibar, there is cause to consider that the head and shoulders reversal may fail. “$BTCUSD On daily scale formed a similar H&S top. Price is now challenging the high of the possible right shoulder,” he reported in a dedicated X thread on the topic. Bitcoin continued to trade above $100,000 on Jan. 7 after a choppy Wall Street trading session. Where will its price go next? Bitcoin “head and shoulders” ripe for failure Bitcoin bulls beating a path back to six figures means that some bearish chart signals may no longer be valid. Among them is the “head and shoulders” pattern on daily timeframes that had been playing out through December. Here, an uptrend traditionally reverses in three local peaks, two lower “shoulders” with a higher “head” between them. In Bitcoin’s case, the current all-time high of $108,000 marked the head. For trader and analyst Aksel Kibar, there is cause to consider that the head and shoulders reversal may fail.
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#BTC100KTrumpEffect Bitcoin Traders Eye $109K as Trump Anticipation Builds, BTC ETFs Rake in Nearly $1B A technical correction and reversal is close to being complete and could trigger a full-blown bullish move, some traders say. What to know: The asset is up 10% in the past week, reversing nearly all losses from early December after retaking the $102,000 level late Monday. The surge comes as spot bitcoin exchange-traded funds (ETFs) offered in the U.S. raked in $987 million on Monday, their highest since Nov. 21, data from SoSoValue shows. As such, market volatility is expected to stay low until the U.S. Nonfarm payrolls (NFP) report on Friday, which some believe will kick-start the new trading year A return to markets after the holidays and anticipation of Donald Trump’s inauguration as U.S. president is building bullish sentiment for bitcoin and the broader crypto market. The asset is up 10% in the past week, retaking the $102,000 level late Monday and reversing nearly all losses from early December. It fell from a peak of nearly $109,000 on Dec. 17 to a local low of just below $92,000 on Dec. 30, which momentarily sparked fears of a deeper downturn. The surge comes as U.S.-listed spot bitcoin exchange-traded funds (ETFs) raked in $987 million on Monday, their highest since Nov. 21, data from SoSoValue shows. Fidelity’s FBTC led inflows with $370 million pouring in, followed by BlackRock’s IBIT with $209 million and Ark Invest’s ARKB with $71 million. Nine of the 12 ETFs recorded inflows, with none showing outflows in a standout day for the cohort. Trump’s expected crypto policies and broader economic plans have brought back positive sentiment among traders — bumping up BTC prices in a usual precursor to an altcoin rally. “We believe that the demand for bitcoin is manifesting itself after a downbeat Fed outlook in late December put the brakes on a Santa Claus rally,” Jeff Mei, COO at crypto exchange BTSE, told CoinDesk in a Telegram message Tuesday.
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Ultime notizie
BNB Drops Below 680 USDT with a 1.21% Decrease in 24 Hours
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Ethereum(ETH) Drops Below 3,200 USDT with a 2.59% Decrease in 24 Hours
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Bitcoin(BTC) Drops Below 93,000 USDT with a 0.68% Decrease in 24 Hours
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BNB Drops Below 690 USDT with a Narrowed 0.29% Increase in 24 Hours
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USDC Treasury Issues 250 Million USDC on Solana
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