News

GOP Presidential Candidate Former President Donald Trump Stops By A Crypto Currency Themed Bar In Manhattan

On October 21-23, BITMIAN participated in the AIM Summit 2024 and Blockchain Life 2024 in Dubai, showcasing a range of cutting-edge products under its ANTMINER brand.

Bitcoin faced Monday blues as the price of the cryptocurrency dropped over 2.2% after hitting a monthly high of $69,408 earlier in the day.

The altcoin market remained fairly calm with the top 99 altcoins recording modest gains throughout the day, with ATOM, MEW and POPCAT topping the charts.

For the first time since September 27, Ethereum has surged past the $2,700 mark and is showing strong signs of maintaining its upward momentum. About ten days ago, ETH dropped below $2,400, sparking speculation that the cryptocurrency might struggle to break out again.

The Bitcoin hash rate, a key indicator of the network’s security and efficiency, jumped to an all-time high (ATH) level of 791.62 million TH/s, according to Ycharts.

This new level also shows a remarkable 73.95% improvement on the particular metric from a year ago.

Cryptocurrency investment products recorded a major spike in inflows last week, reaching $2.2 billion, the highest inflow recorded since July.

Solana (SOL) has been showing impressive gains this week, trading around $154.59 after reaching an intra-day high of $156.43. The cryptocurrency market is experiencing a positive shift, with major cryptocurrencies reversing their downward trend. Bitcoin (BTC) remains strong above the $68K mark, while altcoins such as Ethereum (ETH), Solana (SOL), and XRP are also in the green. The global crypto market capitalization has risen by 0.8%, reaching $2.35 trillion.

Bitcoin’s bullish run continues, recently hitting a two-month high of $68,900. On October 20, 2024, Bitcoin (BTC) traded at $68,388, marking a 9% gain over the past week.

This surge has fueled optimism that Bitcoin could soon reach new all-time highs, driven by favorable factors such as the outcome of the U.S. election and growing inflows into spot Bitcoin ETFs.

Are you in possession of mining equipment that’s no longer meeting your needs? Are you looking to upgrade your mining setup without the hassle of dealing with outdated or underperforming miners? KeyeS Miner has a solution for you. With a commitment to staying current with the ever-evolving mining landscape, we offer a seamless way for you to exchange or sell your used mining equipment for newer, more efficient models.

Cryptocurrency mining, once a niche activity, has emerged as a thriving industry, with Bitcoin leading the charge as the flagship digital asset. As the global appetite for cryptocurrencies swells, so too does the competition for computational power, driving the demand for sophisticated mining equipment to unprecedented heights. Enter Keyes Miner, a veritable bastion of high-performance mining solutions, with a focus on Bitmain's iconic AnT Miners – the epitome of efficiency and reliability in the crypto mining landscape.