logo
Okalio Mining revolutionizes cloud mining: no equipment required, steady earnings of BTC and DOGE!

Okalio Mining revolutionizes cloud mining: no equipment required, steady earnings of BTC and DOGE!

Business Upturn13-07-2025
By GlobeNewswire Published on July 13, 2025, 20:00 IST
Hertfordshire, England, July 13, 2025 (GLOBE NEWSWIRE) — With Bitcoin breaking through $118,000 and Dogecoin regaining its upward momentum, the cryptocurrency market is welcoming a new round of retail investment enthusiasm. Okalio Mining seized the opportunity and officially announced the launch of its next-generation cloud mining solution, which allows users to earn mainstream cryptocurrencies such as BTC and DOGE on a daily basis without any technical setup or hardware investment.
Unlike speculative trading, cloud mining is becoming a safer and more stable way for cryptocurrency novices and experienced investors to earn passive income. With Okalio Mining's artificial intelligence infrastructure and real-time smart contract optimization, users can conduct high-yield cloud mining anytime, anywhere with just their mobile devices.
Why now: The surge in cryptocurrencies requires smarter strategies
The recent rebound in the global cryptocurrency market has opened a golden window for investors. As prices rise, simply holding cryptocurrencies is no longer the most effective strategy. Cloud mining allows you to turn your cryptocurrency savings or stablecoins into continuous returns.
'You don't need to be a technical expert to earn daily income with Bitcoin or Dogecoin,' said a company spokesperson. 'We make cryptocurrency mining accessible, secure, and profitable for everyone.'
Key Features of Okalio Mining
No Hardware Required: Mine BTC and DOGE remotely from any device – no equipment, no noise, no electricity bills.
Daily Rewards: The smart contract pays out mining revenue every 24 hours.
$10 Signup Bonus: New users receive a $10 bonus to activate their first mining plan for free.
Safe Operations: Funds are stored in multiple layers of cold wallet protection and monitored by a 24/7 risk control system.
ESG Compliant Mining: Okalio Mining uses sustainable energy in its global data centers.
How to Get Started with Okalio Mining
Sign up at okaliomining.com with your email address and get an instant $10 bonus.
Choose your mining contract (BTC or DOGE) – starting at $10.
Activate your plan – Okalio Mining's AI system will allocate computing power and start generating income.
Withdraw at any time – daily income, no lock-up period.
Real contract example (BTC/DOGE)Contract amount Term Daily income Total income $100 2 days $3.3 $106.6 $500 5 days $6.5 $532.5 $1,000 10 days $13.48 $1,134.8 $3,100 21 days $45.4 $4,053.4
$5,000 30 days $75.5 $7,265
These benefits reflect the power of automated, efficient cloud mining without the risk of market timing or equipment failure.
About Okalio Mining
Founded in 2017 and headquartered in the UK, globally trusted cloud mining platform serving users in over 100 countries. The company is committed to transparency, environmental sustainability, and financial inclusion, and continues to innovate in the decentralized income space.
Start mining today at Okaliomining.com and profit from the next wave of cryptocurrency in a smart, stable way.
Disclaimer: The information provided in this press release does not constitute an investment solicitation, nor does it constitute investment advice, financial advice, or trading recommendations. Cryptocurrency mining and staking involve risks. There is a possibility of financial loss. You are advised to perform due diligence before investing or trading in cryptocurrencies and securities, including consulting a professional financial advisor.
Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same.
Ahmedabad Plane Crash
GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Bitcoin Creator Satoshi Nakamoto Statue Recovered from Lake Lugano After Vandalism
Bitcoin Creator Satoshi Nakamoto Statue Recovered from Lake Lugano After Vandalism

Yahoo

timean hour ago

  • Yahoo

Bitcoin Creator Satoshi Nakamoto Statue Recovered from Lake Lugano After Vandalism

Municipal workers in Lugano, Switzerland, retrieved the pieces of the city's famous Satoshi Nakamoto statue from Lake Lugano on Monday after Bitcoin's most recognizable public monument was stolen and vandalized over the weekend. The optical illusion artwork, which appears to fade into digital code when viewed from certain angles, was discovered on Monday, broken into several pieces both in the lake and along its banks. The statue had been ripped from its mounting points in Parco Ciani, a popular lakefront park, by unknown vandals who then threw the remnants into the water. Created by Italian artist and Bitcoin advocate Valentina Picozzi, the statue has become a symbol of Bitcoin's decentralized philosophy and the mystery surrounding its pseudonymous creator. Picozzi, who has been working as an activist artist since discovering Bitcoin in 2012, operates under Satoshigallery, a copyrighted artistic project aimed at 'connecting people to Bitcoin culture through art and iconography.' The theft was first reported Saturday by social media users who noticed the empty base where the faceless figure once sat. Satoshigallery immediately offered a reward of 0.1 BTC, worth over $11,000, for information leading to the statue's recovery. "You can steal our symbol, but you will never be able to steal our souls," Satoshigallery said in their response to the vandalism, declaring their commitment to install similar statues in 21 locations worldwide. Some observers, including pseudonymous Bitcoin advocate Gritto, theorized that intoxicated revelers celebrating Swiss National Day may have been responsible for the destruction. A petition urges city officials to restore the statue, with organizers pledging to cover the costs. The statue, crafted from 304 stainless steel and corten blocks, was unveiled in October 2024 during the Plan B Forum, a blockchain conference co-hosted by Lugano and stablecoin issuer Tether. The artwork took 21 months to plan and construct, according to Picozzi. The Lugano installation is part of a growing global movement to create physical tributes to Bitcoin and its mysterious founder. Bitcoin IRL: Here Are All the Real-Life Tributes to Satoshi Nakamoto's Invention Other notable monuments include a mirrored-face bust in Budapest's Graphisoft Park, where viewers see themselves reflected as Satoshi; a giant inflatable "Bitcoin rat" placed outside the Federal Reserve in New York City in 2018; and the world's first Bitcoin monument, erected in Slovenia in 2018. Satoshigallery's third statue was unveiled in Tokyo in April. With an estimated 1.096 million BTC holdings worth over $125 billion at current prices, Bitcoin's anonymous creator ranks among the world's wealthiest individuals, though those coins have never moved from their original wallets, adding to the enduring mystery.

What Determines the Price of Bitcoin? (Hint: It's Not Just Whales and Elon)
What Determines the Price of Bitcoin? (Hint: It's Not Just Whales and Elon)

Yahoo

timean hour ago

  • Yahoo

What Determines the Price of Bitcoin? (Hint: It's Not Just Whales and Elon)

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Bitcoin's price doesn't follow traditional logic. There are no earnings reports, balance sheets, or CEO forecasts to guide the market. Instead, its value lives and breathes through one of the oldest forces in finance: supply and demand. When demand outpaces available supply, Bitcoin soars. When demand wanes or holders rush to sell, the price can fall just as dramatically. That's why Bitcoin's price often swings with far more volatility than traditional investments — sometimes shifting by double-digit percentages in a single week. Still, over the last decade, Bitcoin has proven itself as one of the best-performing assets on earth, rising from pennies to over $117,000 at its peak. So it's clear that Bitcoin isn't just surviving; it's establishing itself as a long-term fixture in modern finance. But to understand why Bitcoin moves the way it does, you need to understand what actually drives its price day to day — and why it remains so difficult to predict. Scarcity and Speculation Bitcoin is often compared to commodities like gold and silver, and for good reason. Unlike a company stock, it doesn't produce anything. It doesn't generate revenue. Its value is derived almost entirely from what people believe it's worth — and what they're willing to pay for it. But it's not just a popularity contest. Like gold, Bitcoin is scarce. There will only ever be 21 million coins, and more than 19 million have already been mined. That built-in scarcity means that as demand increases, the price almost always follows. Bitcoin's supply schedule is hard-coded into its protocol: roughly every 10 minutes, 6.25 new Bitcoins are minted — a number that will halve again in 2025, making the asset even more scarce. Combine that with growing global demand, and you start to see why Bitcoin can climb so quickly — and crash just as fast when sentiment flips. Don't Miss: New to crypto? Get up to $400 in rewards for successfully completing short educational courses and making your first qualifying trade on Coinbase. A must-have for all crypto enthusiasts: Sign up for the Gemini Credit Card today and earn rewards on Bitcoin Ether, or 60+ other tokens, with every purchase. Market Supply: What's Actually Available to Buy Supply, in the Bitcoin world, is more complicated than it looks. While 19 million coins may be in existence, not all of them are up for sale. Some are being held long-term. Others are permanently lost — sent to wallets that haven't moved in over five years. Research from Chainalysis suggests that up to 20% of all Bitcoin could be lost forever, which significantly reduces the actual circulating supply. So when people talk about Bitcoin's scarcity, they're not just referring to its eventual 21 million cap — they're referring to how little of it is actively being traded at any given moment. That limited float means that when big buy orders come in, prices can jump quickly. But it also means that when major holders — often called "whales" — decide to sell, the impact can be just as dramatic in the other direction. Market Demand: What Drives People to Buy Bitcoin If supply is relatively fixed, demand is where all the action happens. Demand can surge for dozens of reasons. Sometimes it's driven by macroeconomic fears, like inflation or currency devaluation. In countries experiencing runaway inflation, Bitcoin is seen as a lifeline — a way to escape the eroding value of the local currency. In other cases, it's driven by optimism: belief in Bitcoin as the future of finance, a hedge against central bank policies, or simply a better form of digital money. Media coverage plays a major role too. When Bitcoin makes headlines, people pile in. When prices rise, people don't want to miss out — and that FOMO (fear of missing out) can drive waves of new buyers into the market, further pushing prices up. But the same dynamic works in reverse. Negative headlines, regulatory crackdowns, or even a single tweet from a public figure can send prices tumbling as sentiment shifts. Miners and Selling Pressure Bitcoin miners play a unique role in the supply equation. They're the ones securing the network and earning newly minted Bitcoin in the process. But mining isn't free. It requires expensive hardware and massive electricity costs. That means miners often sell a portion of their Bitcoin to cover expenses, creating constant selling pressure in the market. When electricity costs are low and Bitcoin prices are high, miners may hold onto more coins. But when prices drop or energy becomes expensive, they tend to sell quickly — sometimes in large amounts. These sales don't just reflect supply and demand; they can help trigger broader market moves. And with the next Bitcoin halving coming in 2025, those miner dynamics could shift again, altering the pace at which new coins enter the market and influencing how aggressively miners need to sell to stay afloat. Rising Competition From Other Cryptos Bitcoin may be the original cryptocurrency, but it's far from the only game in town. Today, investors have thousands of altcoins to choose from — each offering different technologies, use cases, and growth potential. As new tokens gain popularity, some investors sell Bitcoin to buy into the latest trend. Exchanges that allow direct swaps between altcoins and Bitcoin make that process seamless — but also create sell pressure for Bitcoin when those swaps occur. Even if Bitcoin is still seen as the most stable or "blue chip" crypto asset, the growing ecosystem means more competition for attention, capital, and demand. When capital flows toward newer, flashier altcoins, Bitcoin's price can temporarily stagnate or dip, especially during altcoin bull runs. Trending Now: This Jeff Bezos-backed startup will allow you to become a landlord in just 10 minutes, with minimum investments as low as $100. $100k+ in investable assets? Match with a fiduciary advisor for free to learn how you can maximize your retirement and save on taxes – no cost, no obligation. The Impact of Regulation and Institutional Sentiment Government policies can influence demand more than almost anything else. When regulators crack down on crypto, demand often plummets. But when countries embrace crypto innovation — or when financial giants like BlackRock, Fidelity, or PayPal get involved — it legitimizes the space and brings new money in. Regulation is a double-edged sword: it can deter retail investors worried about taxes or surveillance, but it can also open the door for large institutions that require legal clarity to get involved. As we've seen with spot Bitcoin ETFs and major corporate treasury allocations, a single regulatory green light can send prices soaring — just as quickly as a regulatory threat can drag them down. Who Actually Moves the Market? No single person controls Bitcoin's price — not even its pseudonymous creator, Satoshi Nakamoto, who holds over 1 million untouched coins. But the market is still highly influenced by a few big players. "Whales," or individuals and institutions holding tens of thousands of Bitcoin, can impact price dramatically when they make a move. That's why analysts pay attention to wallet flows, on-chain activity, and large exchange deposits. Even public figures like Elon Musk have sent Bitcoin prices surging or plummeting with a single tweet. Despite being decentralized, Bitcoin's market behavior still reflects human psychology — and when powerful voices speak, the crowd listens. Why Bitcoin Crashes (and Bounces Back) Bitcoin crashes are a feature, not a bug. Time and time again, the asset has dropped 80–90% during bear markets — only to come roaring back to new all-time highs later. These violent downturns are the result of overleveraged traders, panicked retail selling, and media-driven fear. But each crash clears out speculation and resets the market for long-term growth. The reason Bitcoin keeps bouncing back? Its core value proposition hasn't changed. It's still scarce, decentralized, and globally accessible. And as long as those fundamentals remain intact, the asset will continue to attract new believers — especially in times of economic uncertainty or distrust in traditional systems. Why Bitcoin Has Value at All At the end of the day, Bitcoin has value because people agree it does. That might sound flimsy — but it's no different than fiat currencies or even gold. The U.S. dollar isn't backed by gold or any physical asset. It has value because people trust it. Gold has value because we've collectively agreed it does. Bitcoin fits into that same mold — but with some modern advantages. It doesn't require storage space. It can be sent anywhere on earth instantly. And unlike any other commodity, it has a provably finite supply. No matter how high demand goes, there will never be more than 21 million Bitcoin. That built-in scarcity, combined with decentralization and global accessibility, is what many see as Bitcoin's greatest strength. It's why investors believe Bitcoin could one day rival — or even replace — gold as the world's dominant store of value. See Next: Grow your IRA or 401(k) with Crypto – unlock the power of alternative investments including a Crypto IRA within your retirement account. Trade crypto futures on Plus500 with up to $200 in bonuses — no wallets, just price speculation and free paper trading to practice different strategies. This article What Determines the Price of Bitcoin? (Hint: It's Not Just Whales and Elon) originally appeared on Sign in to access your portfolio

Why Michael Saylor Calls Strategy's STRC Preferred Stock His Firm's 'iPhone Moment'
Why Michael Saylor Calls Strategy's STRC Preferred Stock His Firm's 'iPhone Moment'

Yahoo

time2 hours ago

  • Yahoo

Why Michael Saylor Calls Strategy's STRC Preferred Stock His Firm's 'iPhone Moment'

Strategy (MSTR), the bitcoin-focused corporate entity formerly known as MicroStrategy, launched its Perpetual Stretch Preferred Stock (STRC) late last month — an offering Executive Chairman Michael Saylor has described as the company's 'iPhone moment.' The STRC preferred stock has already raised $2.5 billion, and a newly opened $4.2 billion at-the-market (ATM) program could extend its scale even further — offering high-yield dividends backed by bitcoin and designed to appeal to yield-seeking investors. What is STRC, and how does it work? STRC (marketed as 'Stretch') is a variable-rate, perpetual preferred stock designed to deliver stable pricing, strong yield, and easy access for income-focused investors seeking indirect bitcoin exposure. The shares pay a monthly dividend—initially set at 9% annualized—based on a $100 par value. Strategy may adjust that dividend monthly, within rules meant to keep STRC trading close to its $100 target price. Each share of STRC is overcollateralized with bitcoin at a ratio of roughly 5-to-1, meaning that for every dollar of STRC issued, Strategy holds approximately five dollars' worth of BTC. The security sits senior to other preferred stocks like STRD, STRK, and the firm's common equity, but remains junior to debt and the STRF preferred series. Dividends are cumulative and compound if unpaid. Importantly, if any month's payment is missed, a dividend 'stopper' activates — preventing payouts to junior securities until STRC is made whole. The stock can be redeemed at the issuer's option once listed on Nasdaq (which it now is), and it includes a fundamental change put right at liquidation value plus any accrued dividends. The security is engineered to function like a high-yield savings instrument with bitcoin backing — without the volatility of direct crypto holdings or the duration risk of traditional preferreds. Strategy raises $2.5 billion in STRC IPO The company's IPO of STRC raised approximately $2.5 billion through the issuance of 28 million shares priced at $90 each. The offering was announced on July 21 and closed on July 29. Proceeds will be used for general corporate purposes, including further bitcoin purchases and working capital. The board of directors declared an initial monthly dividend of $0.80 per share, with payment scheduled for Aug. 31, 2025, to shareholders of record as of August 15. Saylor described STRC as a clean, scalable instrument that solves the constraints of previous capital tools like convertible bonds and complex long-duration preferred shares. The product was designed to appeal not only to institutional allocators but also to yield-seeking retail investors. Inside the $4.2 billion ATM program On July 31, Strategy announced a new sales agreement allowing the company to issue up to $4.2 billion worth of STRC shares through an at-the-market (ATM) offering. This gives Strategy the ability to tap liquidity gradually, adjusting issuance based on market conditions and pricing. Internal guidance suggests that Strategy intends to keep issuance within a narrow band — avoiding sales below $99 or above $101 (before fees), consistent with its target of maintaining a stable $100 trading price. The firm explicitly stated it does not plan to apply this discipline to its other preferred equity programs, reinforcing STRC's unique positioning. The ATM program allows Strategy to meet capital needs flexibly, support its dividend policy, and scale BTC acquisitions further while preserving shareholder alignment. Why Saylor calls STRC his 'iPhone moment' Michael Saylor sees STRC not just as another capital-raising tool — but as a turning point in corporate finance. During Strategy's Q2 2025 earnings call on July 31, he called the product his firm's 'iPhone moment,' comparing its potential to the kind of consumer breakthrough that redefined an entire industry. At the heart of Saylor's vision is STRC's accessibility. Unlike Strategy's earlier instruments — such as STRK, STRF, and STRD — which he praised as innovative but too complex or volatile for mass adoption, STRC is designed to function more like a yield-enhanced savings account. 'If I walk down the street and you ask a hundred people, 'Do you want a high-yield bank account?' 99 out of 100 say yes,' he said, underscoring the simplicity of the pitch. He believes STRC solves two core problems: it strips away long-term volatility by targeting short duration and low price fluctuation, and it offers a consistent premium over typical bank yields. 'We've stripped down to a one-month duration and it pays 500 basis points above your bank account,' he said, describing the instrument's 9% variable monthly dividend. Importantly, STRC is engineered to trade near par ($100), giving investors peace of mind — especially those sensitive to price swings. Saylor emphasized that previous products lost retail traction when their principal value fluctuated by 5–10%. In contrast, STRC's goal is to hold close to par even as bitcoin prices move, thanks to its heavy overcollateralization with BTC. 'If Stretch actually hits its par and it trades with low volatility, then you could, in theory, sell a hundred billion dollars of it, two hundred billion dollars of it,' he told analysts. That, he argued, would enable Strategy to massively scale its bitcoin holdings without selling any BTC — effectively using its treasury as collateral to monetize liquidity at retail scale. In Saylor's view, this combination — simplicity, stability, and yield — is what makes STRC transformational. Just as the iPhone reimagined how users interacted with mobile computing, STRC could redefine how companies tap capital markets in a bitcoin-native way. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store