Is your gaming PC capable of mining crypto? As of May 2025, Bitcoin mining is looking attractive again. With Bitcoin (BTC) trading around $95,000 and transaction fees hitting new highs after the 2024 halving, mining rewards — though smaller — are worth chasing. From home setups to industrial-scale farms, the question of whether Bitcoin mining is profitable is back in the spotlight. And if you’re a gamer, chances are you’ve looked at your rig and wondered: Can a gaming PC […]
Update May 1, 2025, 5:10 am UTC: This article has been updated to include comments from a Binance spokesperson. An elderly US individual is reportedly the victim of a devastating $330 million Bitcoin heist, now ranked as the fifth-largest crypto hack in history. The attacker used advanced social engineering tactics to gain access to the victim’s wallet, onchain investigator ZachXBT said in an April 30 update on X. The hack took place on April 28, 2025, when ZachXBT flagged a […]
Onchain sleuth ZachXBT has flagged a suspicious transfer involving 3,520 Bitcoin (BTC), valued at $330.7 million, that may indicate a major theft. The transaction, reported on April 28, saw funds moved from a potential victim’s wallet to the address bc1qcry…vz55g. Following the transfer, the stolen stash was quickly laundered through over six instant exchanges and swapped into privacy-focused cryptocurrency Monero (XMR). The large-scale conversion led to a 50% spike in XMR’s price with the token reaching an intraday high of […]
Key points: Bitcoin price is stuck below $109,588, but the pullback has not altered its bullish chart structure. A bullish weekly open from Bitcoin could extend gains in HYPE, XMR, AAVE, and WLD. Bitcoin (BTC) remains stuck below the $109,588 level during a quiet weekend, but analysts remain bullish. Material Indicators co-founder Keith Alan said in a post on X that Bitcoin remains positive as long as it trades above the yearly open level of about $93,500. Bitcoin’s demand is […]
Key points: Bitcoin’s rally to $105,980 has traders predicting new all-time highs this week. Traders lift their end-of-year Bitcoin price targets to $200,000 based on technical factors and institutional investor adoption. Bitcoin (BTC) has been stuck in a narrow range for the past few days, but the rally above $105,500 on May 18 increases the possibility of an upside breakout. Popular trader Alan said in a post on X that Bitcoin could soar to $116,000 early next week. Another bullish […]
Bitcoin (BTC) witnessed solid buying over the weekend as US President Donald Trump announced that Bitcoin, Ether (ETH), XRP (XRP), Solana (SOL) and Cardano (ADA) would be included in a crypto strategic reserve. The announcement massively pumped the chosen coins, which made it risky for a fresh entry after the rally. The coins in this article have been selected for their technical setups rather than the Trump-based pump. Apart from the crypto strategic reserve, in a sign that could create […]
Bitcoin (BTC) slipped below $95,500 on Feb. 23 after failing to rise above the $100,000 level on Feb. 21. The longer the price stays below $100,000, the greater the possibility of a drop to the crucial $90,000 support. Analysts remain divided on Bitcoin’s next trending move. While some anticipate a new high as early as next month, others expect a drop to $85,000 before the uptrend resumes. Bitcoin’s uncertain near-term price action could have increased traders’ interest in altcoins. CryptoQuant […]
Bitcoin (BTC) fell below the $100,000 level on Feb. 2 after US President Donald Trump imposed tariffs on goods imported from China, Canada, and Mexico on Feb. 1. Increased import tariffs could boost inflation, risking higher interest rates. That could, in turn, result in a risk-off sentiment, hurting cryptocurrency prices. Bitget Research chief analyst Ryan Lee expects Bitcoin to correct to $95,000, which is a critical support according to him. Some analysts view the current dip as a potential bear trap. […]
The motivation behind cryptocurrency mining It’s the money, of course. Cryptocurrency mining is the process of validating transactions on a proof-of-work blockchain network, like Bitcoin or Ethereum Classic. Miners play a crucial role in securing the network and, in return, are rewarded with newly minted coins. Mining began in 2009 when Bitcoin’s creator, Satoshi Nakamoto, mined the very first block using a standard computer. At the time, it was a niche activity accessible to tech-savvy hobbyists. Today, it has transformed […]
Bitcoin (BTC) has risen above $95,000, indicating that the bulls have maintained the buying pressure. Grayscale head of research Zach Pandl told Cointelegraph that Bitcoin is being “held back by strength in the US dollar,” but he expects the setback to be short-lived as the US presidential inauguration is right around the corner. Pandl sees a “structurally bullish outlook for crypto valuations.” One of the closely watched bullish events is the possibility of establishing a strategic Bitcoin reserve in the […]