#rise

Bitcoin mining remains highly lucrative, with profitability on the rise, as noted in JPMorgan’s latest report. The network’s hash rate, an indicator of overall computational power for BTC mining, has grown by 5% since November 2024, pointing to increasing interest and competition in the sector.

XRP’s meteoric rise caused a stir in the crypto community. The cryptocurrency surpassed major players like Solana and Tether, even briefly securing the third spot in market capitalization. What’s driving this growth?

On November 14, Solidion Technology, a key supplier of battery materials, announced a strategic shift towards Bitcoin by reallocating a portion of its cash reserves to the cryptocurrency. This move comes amid the rise of pro-crypto leadership in the U.S., following Donald Trump’s presidential victory.

Lawmakers in the European Union are weighing the option of calculating fines for X by factoring in the revenue streams from Elon Musk’s other enterprises, such as SpaceX and Neuralink. This could lead to a steep rise in potential financial penalties for Musk over breaches in content moderation.

Google Trends data shows that searches for "Bitcoin" have dropped to a 12-month low, scoring just 27 out of 100. The search interest peaked (100 points) in March 2024.

South Korean filmmakers are bringing the controversial rise and fall of Do Kwon and his Terra/LUNA empire to cinemas in a gripping new film.

Eric Schmidt, once at the helm of Google, asserts that U.S. defense strategy would be more effective by replacing tanks with AI drones.

BlackRock CEO Larry Fink made some intriguing remarks about the crypto industry during a Q3 earnings call, as shared on X by Bloomberg senior ETF analyst Eric Balchunas.

As of October 11, 2024, BlackRock, one of the largest U.S. investment firms, crossed a historic threshold with its assets under management surpassing $11.5 trillion for the first time. This was fueled by a surge in crypto-ETF inflows and a sharp rise in the company's stock.

Amanda Pritchard, the Chief Executive Officer of NHS England, has noted a significant rise in the number of people seeking help for issues related to cryptocurrency betting and trading.