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Coinshares Reports 4th Consecutive Week of Inflows Into Digital Asset Funds


The investment landscape for digital assets continues to brighten, with a fourth consecutive week of inflows totaling $185 million, pushing the total for May to an impressive $2 billion. The latest Coinshares inflow report shows the influx has propelled year-to-date investments beyond the...

Bitmain delivers Antminer L9 for Scrypt algorithm


Bitmain introduces Antminer L9, an application-specific integrated circuit (ASIC) miner customized for coins utilizing the Scrypt algorithm, like litecoin and dogecoin. This fresh prototype offers 16 gigahash per second (GH/s) regarding hashing ability, managing energy effectiveness to 210 joules...

GameStop meme coin witnesses an upward swing by a whopping 300%


The GameStop ($GME) meme coin is experiencing an astounding upward trend of 300%. Currently, the trade price is reaching $0.01366, with a market capitalization of almost $100 million. Added to that, the daily trade volume has seen an increase of 1,000%, going beyond the $178 million mark.  GameStop...

Why is Notcoin up 300% over the past week?


Notcoin became the fifth most-traded cryptocurrency on Monday, beating the trading volume of Circle’s USDC stablecoin, as social interest continues to drive its price action

Bitcoin miner balances drop under the 1.81 million BTC bracket


Bitcoin miner balances dropped below the 1.81 million BTC bracket following the halving, and the figure is the lowest for some time now. This signifies an economic struggle after the halving.  Bitcoin miner balances have been on a roller coaster ride for a while now. The balance pertaining to miner...

Illicit Bitcoin mining farm sealed in Paraguay; El Salvador debate on BTC


The authorities took action against a Bitcoin mining farm that hosted 2,738 Bitcoin miners and five electric transformers, which were confiscated by the authorities. Supervisory and control systems and AI-backed software helped detect these illegal Bitcoin mining farms. According to the report...

FTX CEO John Ray III sold its remaining Anthropic shares


The CEO of FTX Estate, John Ray III, sells its balance shares in Anthropic, amounting to 15 million, at a price of $30 per share. Through this, he managed to rake in the amount of $450 million. Incidentally, Anthropic is an AI startup that introduced its chatbot, Claude.  The FTX Estate has filed...

Australia’s First Spot Bitcoin ETF Launching Tomorrow


Australia-based Monochrome Asset Management is set to debut its spot bitcoin exchange-traded fund (ETF), IBTC, on the Cboe Australia exchange this Tuesday, June 4. This will be Australia’s first ETF to directly hold bitcoin. Previously, Australian investors were limited to indirect bitcoin...

Blockstream criticizes Coinbase for denying BTC processing


The CEO of Blockstream, Adam Back, has been criticizing Coinbase Exchange for not being willing to initiate BTC processing for donations meant for Trump’s presidential campaign. He has described the company as anti-bitcoin. It all began when Bitcoin Magazine revealed that Lightning Network...

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