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Get your cryptocurrency news & events at cryptogeni.us! Image used for post: Revealing the Tether Bitcoin Strategy: An Exceptional $1.1 Billion Profit from the Recent Price Upsurge

Revealing the Tether Bitcoin Strategy: An Exceptional $1.1 Billion Profit from the Recent Price Upsurge

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The Tether Bitcoin strategy profit has yielded a remarkable $1.1 billion in unrealized gains, following the recent price upswing of Bitcoin. The cryptocurrency briefly surpassed the $42,000 mark, marking a noteworthy 13.1% increase over the past week. This surge has resulted in substantial profits for Tether, given its substantial holding of 57,576 BTC, bought at an average price of $22,480 per Bitcoin. Of Tether’s total Bitcoin holdings, 53,492 BTC were set aside before March 2023, and a strate

Get your cryptocurrency news & events at cryptogeni.us! Image used for post: Bitcoin Mining Pool F2Pool: A Case Study on Transaction Filtering based on US Sanctions

Bitcoin Proof of Work: Unveiling the Prospects of Alternative Cryptocurrencies

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Bitcoin, renowned for its proof of work blockchain, has experienced significant progress, creating numerous millionaires. Yet, for small-scale crypto investors with limited purchasing power, Bitcoin’s growth potential appears constrained. This is why alternative cryptocurrencies, especially those employing the Bitcoin proof work process, are seen as more promising investment options. Altcoins such as Qubic (QUBIC), Nexa (NEXA), and Firo (FIRO) present intriguing possibilities for retail investor

Get your cryptocurrency news & events at cryptogeni.us! Image used for post: An In-depth Insight into Purchasing Bitcoin and Ether in the UK

An Insight into How to Buy Bitcoin and Ether in the UK

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This article provides an in-depth understanding of how to buy Bitcoin and Ether in the UK, considering the country’s legal framework, secure storage choices, and suitable cryptocurrency exchanges. Buying Bitcoin and Ether in the UK is perfectly legal, but it’s crucial to remember that these cryptocurrencies aren’t recognized as legal tender, like the British pound. The process to buy bitcoin UK involves picking a reliable crypto exchange, setting up a safe wallet, and making informed payment dec

Get your cryptocurrency news & events at cryptogeni.us! Image used for post: Bitcoin Mining Pool F2Pool: A Case Study on Transaction Filtering based on US Sanctions

Bitcoin Mining Pool F2Pool: A Case Study on Transaction Filtering based on US Sanctions

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Bitcoin is known for its anti-censorship nature and immunity against unwarranted regulations. Yet, a new study reveals that F2Pool, a leading Bitcoin mining pool, has been selectively filtering transactions in line with sanctions set by the US Office of Foreign Assets Control (OFAC). This is a stark contradiction to Bitcoin’s ethos that anyone can make transactions provided they can pay the network fees. The disclosure was made by an anonymous Bitcoin developer, 0xB10C, who discovered six transa

Get your cryptocurrency news & events at cryptogeni.us! Image used for post: Bitcoin's New Peak: Crypto Market Valuation Soars to $1.45 Trillion

Crypto Market Valuation Soars to $1.45 Trillion & Bitcoin Price Prediction hits $130,000

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Bitcoin, the leader in the world of cryptocurrencies, has set a ‘Bitcoin new record’ by witnessing a price increase to $38,400. This significant achievement can be attributed to various factors, including the expected approval of the BlackRock Bitcoin Spot exchange-traded fund (ETF) and rumours surrounding BlackRock’s impact on Bitcoin’s price through substantial buying pressure on Coinbase. This record-breaking achievement has not only elevated Bitcoin’s value but also led to a rise in other pr
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