Canaan will supply 4.5 megawatts of water-cooled Bitcoin mining ASICs to a Japanese engineering firm for real-time grid balancing and energy optimization.
Canaan will supply 4.5 megawatts of water-cooled Bitcoin mining ASICs to a Japanese engineering firm for real-time grid balancing and energy optimization.
Bitcoin has become a $2 trillion asset in the 17 years since Satoshi Nakamoto published the white paper, but it faces its first red October since 2018.
This month saw the first “Uptober” in seven years to finish with Bitcoin in the red. Meanwhile, BNB takes off thanks to memecoins.
Michael Saylor still foresees a $150,000 Bitcoin price by the end of the year, despite temporary concerns with import tariff escalations.
Bitcoin bulls defended the $107,000 level, but the net outflows from the spot Bitcoin ETFs increase the risk of a breakdown in the near term.
Borderless Capital’s Amit Mehra said quantum computing remains years away from threatening Bitcoin, though rapid advances could make post-quantum security urgent.
The lack of understanding about Bitcoin’s economic properties will result in a market dump at the first sign of trouble, Vineet Budki said.
The fast-food chain is also donating 210 sats from every Bitcoin meal toward open-source Bitcoin development.
Bitcoin has typically recorded its strongest month for gains in November, and there are certainly macro tailwinds to make it happen again.
EU’s ProtectEU mandates on-device scanning before encryption, creating a two-tier security system where states encrypt while citizens are surveilled. Digital feudalism codified.