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Hive Announces Plans to Move Into Paraguay Amidst Bitcoin Mining Power Hike Turmoil
26.7.2024
Hive Digital, a public green bitcoin mining company, announced plans to build a 100MW site in Paraguay, having connected with President Santiago Peña and his cabinet. Hive stated that stability in government fiscal policies, such as energy pricing and taxation, will be a key factor in the expansion...
US Bitcoin ETFs Draw $44.51M in Inflows; GBTC Sees Another Round of Outflows
25.7.2024
While U.S. spot ether exchange-traded funds (ETFs) experienced outflows on Wednesday, bitcoin ETFs saw inflows totaling $44.51 million. Blackrock’s IBIT led with gains of $65.99 million, followed by Ark Invest’s and 21shares’ ARKB with $3.29 million. While Blackrock Captures...
Wyoming Senator to Propose Bill for US Central Bank to Hold Bitcoin, Report Says
24.7.2024
Senator Cynthia Lummis of Wyoming is preparing to introduce new legislation that would require the Federal Reserve to hold bitcoin as a strategic reserve asset, as reported by Fox Business News. According to three anonymous individuals with knowledge of the matter, the bill is set to be announced...
US Bitcoin ETFs See $78M Outflow, Breaking 12-Day Inflow Streak
24.7.2024
U.S. spot bitcoin exchange-traded funds (ETFs) experienced a downturn on Tuesday, with $77.97 million exiting, breaking a streak of 12 consecutive days of inflows. In contrast, the newly launched spot ether ETF counterparts performed better. 3 Bitcoin ETFs Record Outflows as Blackrock’s IBIT...
BlackRock’s IBIT records biggest inflow day since March at $523M
23.7.2024
BlackRock’s Bitcoin ETF has witnessed over half a billion dollars of inflows on the same day a flurry of spot Ether ETFs got the nod to begin trading
Mt. Gox prepares for repayments on Bitstamp, executes test transactions
22.7.2024
Another wave of Bitcoin could be flooding the market as Mt. Gox prepares to continue creditor repayments. Will 99% of the Mt. Gox creditors really sell their Bitcoin?
Leading BTM Operator, Bitcoin Depot, Will Add Bitcoin to Its Treasury Reserves
19.7.2024
Bitcoin Depot, a company that operates more than 7,400 bitcoin ATMs in the U.S., has announced that it will allocate part of its cash reserves to build a bitcoin treasury, following the footsteps of companies like Microstrategy. According to its CEO, Brandon Mintz, this move will allow company...
Bitcoin traders forecast ‘splendid’ bullish price action now that BTC is above $65K
16.7.2024
Multiple Bitcoin price metrics point to an incredibly bullish “post-halving growth trajectory.”
Mt. Gox repayments will only cause Bitcoin sell pressure among ‘paper hands’ — Analyst
16.7.2024
Only the holders with the least conviction will be selling Bitcoin on the Mt. Gox repayment news, according to popular on-chain analyst ZachXBT
Trump reportedly 'in good spirits,’ will still attend Nashville BTC conference
14.7.2024
BTC Inc. CEO David Bailey says he spoke with the former president’s team in the wake of the July 13 assassination attempt
Trump reportedly 'in good spirits,’ will still attend Nashville BTC conference
14.7.2024
BTC Inc. CEO David Bailey says he spoke with the former president’s team in the wake of the July 13 assassination attempt
Bitcoin price faces major ‘summer of 2021’ style correction despite BTC whale buying
10.7.2024
Bitcoin whales have become accumulators again, but analysts say BTC is still at risk of another sharp correction
Bitcoin Miner Hut 8 Secures 205 MW Power Agreement in Texas
9.7.2024
Bitcoin miner Hut 8 Corp. has entered into a definitive power purchase agreement for a site in West Texas. The agreement provides Hut 8 with 205 megawatts of power capacity, marking the first conversion from its 1,100 megawatts development pipeline. Hut 8 Finalizes 205 MW Power Purchase Agreement...
German gov’t transfers another $900M in Bitcoin, adding to BTC’s selling pressure
8.7.2024
Repeated Bitcoin transfers to centralized exchanges suggest the German government plans to sell the remaining $1.3 billion in BTC holdings
CoinDesk 20 Down 7%, Bitcoin Sinks by 5% as Asia Trading Week Begins
8.7.2024
CoinDesk 20 Down 7%, Bitcoin Sinks by 5%, as Market Tumbles as Asia Trading Week Begins
Bitcoin Proponent Bruce Fenton Calls Out Jack Dorsey Over Censorship Allegations During Twitter Tenure
6.7.2024
Over the weekend, a prominent personality in the bitcoin and blockchain sector, Bruce Fenton, addressed Jack Dorsey, CEO of Block, Inc., through a post on the social media platform X. Fenton asserts that Dorsey owes an explanation, as Twitter’s senior leadership has faced accusations...
Bitcoin miners ‘near capitulation’ as profits dry up alongside BTC sell-off
5.7.2024
CryptoQuant analysts say Bitcoin miners are showing signs of “capitulation” as profit margins tighten in the post-halving climate and BTC price falls close to $50,000
Mt. Gox begins repayments in Bitcoin and Bitcoin Cash
5.7.2024
The collapsed exchange has started debt repayments to creditors via select crypto exchanges, following the Rehabilitation Plan
Bitcoin falls to $55K as crypto liquidations breach $580M
5.7.2024
Around $193 million in long Bitcoin positions were liquidated in the past 24 hours, with the price of BTC hitting its lowest point since February
Bitcoin’s Daily Mining Revenue Dollar Value Plummets to Historic Low
4.7.2024
Bitcoin’s hashprice, or the anticipated value of 1 petahash per second (PH/s) of hashing power per day, has plummeted to a historic low. According to Luxor’s hashprice index, at 6 a.m. EDT on July 4, 2024, the price per petahash dropped to $44.842 per PH/s. The dollar value of daily...