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Hut 8 to raise up to $500M to buy Bitcoin as a strategic reserve asset

5.12.2024
Hut 8 stock surged almost 8% following the announcement of the stock repurchase program

BIT Mining Acquires Ethiopian Data Centers and Mining Machines

5.12.2024
BIT Mining (NYSE: BTCM) has agreed to acquire 51-megawatt crypto mining data centers and 17,869 bitcoin mining machines in Ethiopia for $14.28 million. The consideration comprises a cash payment of $2.265 million and the issuance of Class A ordinary shares of the Company with a par value...

Bitcoin miner Hut 8 argues to toss ‘short and distort’ shareholder suit

4.12.2024
Hut 8 has argued a lawsuit from its shareholders arose “from a short seller’s attempt to obtain a monetary gain on its short position” in the crypto miner

Revealed: new data on Steam ‘wishlist conversions’ & the hit-driven market

3.12.2024
Also: a 'high hook' announce and the most-streamed Nov. games

Trump’s inauguration could mark local top for crypto, research shows

2.12.2024
Historically, markets outperform after presidential elections and then stall once the President-elect takes office, data shows

Bitcoin price weakens, but BTC derivatives remain healthy

2.12.2024
Bitcoin derivatives reflect traders' confidence in the market and suggest the current price action is just a consolidation phase

NFTs hit $562M in monthly sales volumes, recording six-month high

1.12.2024
NFTs had a monthly sales volume of over $562 million in November, surpassing October’s record of $356 million

Spot ETH ETFs clocks highest daily inflow day: ‘Alt rotation has begun’

30.11.2024
Spot Ether ETFs in the United States have hit a record high in daily inflows, surpassing spot Bitcoin ETFs inflows on the same day by around $2.9 million

Since September, 507,000 BTC Sold by Long-Term Holders, Glassnode Data Reveals

29.11.2024
Bitcoin’s price surge toward $100,000 has triggered record-breaking profit realization and intensified distribution activity among long-term holders, according to Glassnode and its researchers, Ukuria OC and Cryptovizart. Glassnode Insights: Bitcoin’s Rally Reveals a Record $2 Billion...

Data Analytics and AI Firm Raises $5 Billion, Has No Plans for an Imminent IPO

28.11.2024
Databricks, a data and AI company, is reportedly raising $5 billion in its latest funding round, aiming for a total of $8 billion, which could be the largest this year. Prioritizing Growth Over IPO Databricks, a San Francisco-based data analytics and artificial intelligence (AI) company,...

Cryptoquant Data Points to Potential Bitcoin Surge Beyond $146K

27.11.2024
Bitcoin’s record-breaking rise to $99,800, followed by a slight correction, has analysts at Cryptoquant signaling that the bull market is far from over, with onchain metrics suggesting potential for further gains beyond $100,000. Cryptoquant Analysis Indicates Bitcoin Bull Cycle Is Far From...

Institutions won't embrace Web3 without privacy options — Web3 exec

27.11.2024
Paradoxically, one of crypto's biggest selling points keeps institutions from embracing Web3 and distributed ledger technologies

Bitcoin Miner IREN Surges on Renewed AI Interest, Possible BTC Dividend Payment

27.11.2024
IREN is seeing a resurgence of interest from tech data centers to host their AI-related computing machines.Company executives also see the potential to pay a dividend in 2025.The shares rose nearly 30% after the earnings conference call, outperforming peers

WordPress Multi-Multisite: A Case Study

27.11.2024
What's it look like to create a dashboard within the WordPress admin for analyzing Google Analytics data across 900 blogs across 25 multisite instances? It involves designing a user-friendly interface, leveraging the WordPress REST API, implementing a plugin for data retrieval, and addressing...

BTC Miner Cipher Expands Texas Operations With 100 MW Data Center

27.11.2024
Cipher Mining Inc., a bitcoin mining company listed on Nasdaq, has announced the acquisition of a 250-acre site in West Texas. Cipher Mining Secures Strategic Site for Bitcoin Mining Expansion According to Cipher Mining’s (Nasdaq: CIFR) announcement, the new facility, known as the Stingray...

Stablecoins Hit Record $190B Market Cap, Surpassing Pre-Terra Crash Peak: CCData

27.11.2024
Stablecoin market capitalization rose to $190 billion this month, surpassing the pre-crypto winter peak of April 2022, CCData reported.The crypto rally this year and particularly since the U.S. presidential election fueled demand for stablecoins, which are widely used for trading. The emergence...

Think Ethereum’s ETH is Dead? Surging Metrics Show Otherwise

27.11.2024
Cumulative open interest in perpetual and standard futures contracts has surged to a record 6.32 million ETH, worth over $27 billion. Activity in the ether options market listed on Deribit is also picking up, with over 2 million contracts active or open at press time, the highest since late June....