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Bitcoin News: Revolutionizing Cryptocurrency Mining with BitconeMine

Bitcoin News: Revolutionizing Cryptocurrency Mining with BitconeMine

Published:
2025-01-17 17:51:27
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Discover how BitconeMine is transforming the cryptocurrency mining landscape, enabling users to earn over $1,000 daily through innovative cloud mining solutions.

Lazy Mining: Earn Over $1,000 Daily with BitconeMine

BitconeMine, established in 2017, offers a revolutionary approach to cryptocurrency mining, allowing individuals to earn passive income exceeding $1,000 daily without the need for upfront investments or direct management of mining hardware and software. By renting mining machines and signing contracts with BitconeMine, users can remotely monitor their mining income in real-time using just a smartphone. This cloud mining service eliminates the traditional barriers of high costs, technical expertise, and significant electricity consumption associated with cryptocurrency mining.

How Will Markets React to $2.8B Crypto Options Expiring Today?

Approximately 21,600 Bitcoin options contracts are set to expire on Friday, Jan. 17, with a notional value of around $2.2 billion. This week’s expiry event is slightly larger than last week’s, but it is unlikely to have a major impact on crypto markets. Bitcoin has recovered from its dip to $90,000 and is trading back in six-figure territory. The put/call ratio for this week’s batch of Bitcoin options contracts is 0.94, indicating a balanced market with similar numbers of long (call) and short (put) contracts expiring. Open interest is highest at the $120,000 strike price, with an increase of $1.8 billion in OI, according to Deribit. Additionally, there is over $1.3 billion in OI at the $110,000 strike price.

Bitcoin's 'Coinbase Premium' muted amid reports Trump plans to designate crypto a national policy

Bloomberg reported late Thursday that President-elect Donald Trump may announce crypto as a national policy priority, potentially issuing an executive order to designate it as a national imperative. This could include the creation of a crypto advisory to advocate for the digital asset industry's policy goals. Despite this potentially positive development for the crypto industry in the U.S., the Coinbase premium for Bitcoin (BTC) remains muted, indicating a lack of excitement among U.S. investors. This is in contrast to the premium's significant increase during the November-December price rally.

Institutional Bitcoin Accumulation Surges on Coinbase as BTC Taps 10-Day High

Bitcoin is experiencing a surge in institutional accumulation, with its price increasing by over 3% on Friday, reaching a 10-day high of $102,000. CryptoQuant has reported significant Bitcoin inflows to Coinbase Prime, indicating a rise in over-the-counter (OTC) trading activity. This trend reflects growing interest from US institutions, which prefer OTC trades for large-scale Bitcoin accumulation to avoid market disruption. The inflow value has surpassed the alert threshold of $8 billion, currently standing at over $14 billion, demonstrating strong institutional interest. OTC trading, which involves direct transactions between buyers and sellers off-exchange, plays a crucial role in facilitating these large transactions.

Robinhood Stock Rises 15% in 2025: Should You Buy HOOD Now?

Robinhood stock has surged a record 15% in 2025, going from a low of $39 to a high of $46 in two weeks. The 15% surge has made HOOD among the top-performing assets in the broader US stock market this year. The leading trading platform in the U.S. boasts over 11 million active users with $152 billion in assets under custody. A handful of younger investors are being drawn towards Robinhood for its easy-to-access user interface. Robinhood offers both stock and cryptocurrency trading to its users, and the price rise is attributed to Bitcoin’s ascension. Bitcoin’s climb above $100,000 has attracted traders to take an entry position in the cryptocurrency. An influx of investors began taking long positions in cryptos after Trump reclaimed the White House.

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