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Marathon Digital Unveils Bitcoin Layer 2 Anduro for Miners
Crypto mining firm Marathon Digital introduced Anduro, a new Bitcoin layer-2 platform focused on supporting sidechain development while allowing miners to earn extra income.
Crypto mining firm Marathon Digital introduced Anduro, a new Bitcoin layer-2 platform focused on supporting sidechain development while allowing miners to earn extra income.
Coinbase suffered tech problems like zero balances as Bitcoin hit $64K then dropped 4% in minutes; exchange said aware of errors amid high traffic.
Renowned economist Peter Schiff has sparked controversy after calling Bitcoin “digital anti-gold,” rejecting the idea that it is digital gold. He argues Bitcoin is a bet against gold and inflation hedge, not a store of value. The crypto community strongly disagrees.
A 40-year market veteran predicts Bitcoin could surge to $305,000 by 2025, nearing gold’s $6 trillion monetary value, as BTC taps $86,000 again on its way to surpass its former $93,000 record price.
Rising Bitcoin prices are attracting speculators back to the market, with short-term holders and institutions driving up exchange activity and open futures interest.
JPMorgan believes Bitcoin halving and Ethereum upgrade are priced in, sees only 50% chance of SEC approving spot Ethereum ETFs in May.
Bitcoin has climbed above $55,000, extending its 2024 bull run amid positive developments like Trump softening his stance and MicroStrategy acquiring more BTC.
The price of Bitcoin abruptly shot up over $2,500 to exceed $53K for the first time since December 2021, sparking a rally for altcoins as Ethereum rose above $3,150 and Binance Coin neared $400.
Satoshi Nakamoto’s emails unveil the reasoning behind capping Bitcoin at 21 million tokens, addressing scalability, pricing alignment with traditional currencies, investment, energy consumption, and anonymity concerns.
The Supreme People’s Procuratorate of China is intensifying efforts to combat cybercrimes by targeting criminals using blockchain and metaverse projects, who are increasingly employing cryptocurrencies for money laundering.