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Cleanspark Bolsters Bitcoin Mining Might With 60,000 S21 Rig Acquisition From Bitmain
9.1.2024
The bitcoin mining firm Cleanspark, listed on Nasdaq, recently revealed the acquisition of 60,000 S21 miners produced by Bitmain. Scheduled for delivery in the next quarter, this purchase represents approximately 12 exahash per second (EH/s) of hashing power. Moreover, Cleanspark has secured...
Bitcoin Decouples from Nasdaq, 40-Day Correlation Now Stands at Zero
9.1.2024
Source: Adobe/vinnstock Bitcoin (BTC) has broken free from its historical correlation with Nasdaq (NDX), with the 40-day correlation dropping to zero. For most of the past four years, BTC had been moving in sync with the tech-heavy equity index on Wall Street. However, according to data analyzed...
Bitcoin Decouples From Nasdaq Amid ETF Speculation
9.1.2024
The 40-day correlation between the two has declined to zero
Nasdaq-Listed Bitcoin Miner Cleanspark to Launch in-House Trading Desk, CEO States It ‘Makes Financial Sense’
6.1.2024
Cleanspark, a Nasdaq-listed Bitcoin mining company, has announced that it will launch an in-house trading desk to maximize the return on its cryptocurrency holdings. Cleanspark CEO Zachary Bradford explained that organizing their trading desk made “financial sense,” given the high...
SEC meets with NYSE, NASDAQ, and others for Bitcoin ETF
5.1.2024
The Bitcoin ETF discussion has picked up pace with the SEC meeting with various exchanges. The commission recently met with NASDAQ, NYSE, and CBOE exchanges to discuss the spot Bitcoin ETF. In the past two days alone, names like VanEck, Fidelity, and Grayscale have also filed for a Bitcoin ETF....
Cipher Mining Bolsters Operations With 16,700 Bitcoin Miners From Canaan
5.1.2024
The Nasdaq-traded mining company Cipher Mining unveiled plans to expand its Bear LLC and Chief Mountain LLC projects, revealing the acquisition of 2.5 exahash per second (EH/s) of Canaan-crafted application-specific integrated circuit (ASIC) bitcoin mining machines. The enterprise will procure...
Michael Saylor Selling $216 Million of Microstrategy’s Shares, Plans to Buy More Bitcoin
4.1.2024
Microstrategy’s executive chairman, Michael Saylor, is selling $216 million of his company’s shares, according to a filing with the U.S. Securities and Exchange Commission (SEC). The pro-bitcoin executive intends to use some of the proceeds to acquire additional bitcoin for...
SEC To Finalize Comments On Spot Bitcoin ETFs With Nasdaq, NYSE
3.1.2024
Source: DALL·E The U.S. Securities and Exchange Commission (SEC) will reportedly hold meetings with the nation’s largest stock exchanges on Wednesday, refining all details related to a suite of Bitcoin ETF applications. “The SEC is holding meetings today with the exchanges (Nasdaq, CBOE, NYSE)...
Coinbase ‘Extensively Prepared’ for Spot Bitcoin ETF Approval
1.1.2024
Crypto exchange Coinbase says that it has “extensively prepared” for spot bitcoin exchange-traded fund (ETF) approvals by the U.S. Securities and Exchange Commission (SEC). Most spot bitcoin ETF applicants have named the Nasdaq-listed crypto platform as the custodian for their...
Publicly Listed Bitcoin Miners Soar in 2023 — Marathon Leads With 767% Surge
28.12.2023
Since the year began, both bitcoin and the broader crypto economy have risen a great deal in value, with bitcoin climbing over 150% since Jan. 1, 2023. Yet, an impressive 11 out of 13 bitcoin mining firms listed on Nasdaq have seen even more substantial triple-digit increases this year. Topping...
Microstrategy Acquires More Bitcoin, Raising Total Holdings to 189,150 BTC
27.12.2023
Nasdaq-listed Microstrategy has bought 14,620 more bitcoin for approximately $615.7 million. The latest purchase raised the company’s cryptocurrency holdings to 189,150 bitcoin, acquired for about $5.9 billion at an average price of $31,168 per coin. Microstrategy’s executive...
Coinbase Fires Back at Senator Elizabeth Warren — Says Accusations Are Unfounded
26.12.2023
Nasdaq-listed crypto exchange Coinbase has responded to U.S. Senator Elizabeth Warren’s accusations that it hires national security veterans to oppose her legislation. “Your claim that Coinbase is attempting to undermine bipartisan legislation related to cryptocurrency is simply wrong....
Hive Amplifies Bitcoin Mining Might With 7,000 Bitmain S21 Units
24.12.2023
The publicly-listed company Hive Digital Technologies, based in Vancouver, has announced the acquisition of 7,000 new application-specific integrated circuit (ASIC) bitcoin mining rigs from Bitmain. The ordered Antminer S21 units are slated for arrival from January through June next year. Hive...
BlackRock Spot Bitcoin ETF Gains Momentum With Second SEC Meeting in December
20.12.2023
BlackRock and Nasdaq representatives met with the SEC for the second time in December on BlackRock’s proposal for a spot Bitcoin ETF. Image by 24K-Production, Adobe Stock. BlackRock, the world’s largest asset manager, is continuing to push forward with plans to launch a spot Bitcoin...
BlackRock, Nasdaq, SEC Met Regarding Bitcoin ETF
20.12.2023
This is the second meeting in a month between the parties about rule changes required to list the bitcoin ETF
Coinbase Ending ‘Givecrypto’ Initiative — ‘We Were Unable to Create a Lasting Impact’
19.12.2023
Crypto exchange Coinbase is winding down Givecrypto, a nonprofit set up to provide crypto to those in need. “Over the years, Givecrypto distributed cryptocurrency to thousands of individuals in need,” Coinbase said. However, the exchange admitted: “We were unable to create lasting change purely...
Cipher Scales BTC Mining Operation with 37,000 Bitmain Antminers Worth $100M
19.12.2023
Source: Adobe/Photocreo Bednarek NASDAQ-listed Bitcoin mining firm Cipher Mining Inc. has announced the purchase of 37,396 units of the latest Bitmain Antminer T21 series. Making the announcement in a press release, the company disclosed that this acquisition amounted to approximately $99.5...
Bitcoin Miner Hive Diversifies Into AI, Acquires 96 Nvidia GPUs to Boost High-Performance Computing Operations
15.12.2023
On Friday, Hive Digital, based in Vancouver and specializing in bitcoin mining and high-performance computing (HPC), announced its foray into artificial intelligence (AI) and HPC technologies. This strategic move involves acquiring 96 Nvidia H100 graphics processing units (GPUs). From Bitcoin...
Nasdaq to Utilize Technology Developed for Cryptocurrency to Power Carbon Markets
13.12.2023
Source: AdobeStock / JHVEPhoto Nasdaq is set to leverage the technology it developed for its cryptocurrency venture to expand into emerging markets. The renowned stock exchange operator, which recently abandoned its plans to launch a custodian business for digital assets in the United States, aims...
21Shares COO Departs, CEO Hany Rashwan Reassures Firm Has Transition Plan
7.12.2023
Source: Nasdaq / Instagram Switzerland-based exchange traded product (ETP) firm 21Shares has confirmed its chief operating officer Lucy Reynolds, has left the firm. Before joining 21Shares Reynolds was head of product management at WisdomTree and joined 21Shares in 2020 – Reynolds was unavailable...