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Nalezeno "Bitcoin News": 10984

Bitcoin Miner Riot Platforms Smart Energy Strategy Yields $31 Million in Savings

7.9.2023
Prominent Bitcoin (BTC) mining firm Riot Platforms has reported significant cost savings and operational achievements due to an innovative energy strategy that saved the firm around $31 million in August alone. In a press release from Wednesday, CEO Jason Les announced that Riot achieved a...

Genesis Global Capital files a lawsuit against Digital Currency Group

7.9.2023
Genesis Global Capital has filed a lawsuit against Digital Capital Group for defaulting on exorbitantly large amounts of loans. Genesis Global Capital has not received the agreed-upon funds back as of May 2023, per the terms and conditions stipulated by the two corporations. Genesis has hired...

Biggest Crypto Gainers Today on DEXTools – XELON, PMR, EMOTI

6.9.2023
Bitcoin is up against increasing bearish sentiments this week, just days after attempting to push past $30,000. Crucial technical markers are signaling further downside potential for the cryptocurrency over the near and medium terms. With this in mind, what are the biggest crypto gainers today...

Bitcoin Miners Consider Hedging Options for Revenue Stability

6.9.2023
Bitcoin (BTC) miners are considering hedging options to protect their revenue stability amidst the volatility of the cryptocurrency market. GSR, a leading firm in the trading and market-making space, is pitching hedging products that would provide miners with a more predictable income.... Read...

Grayscale Urges SEC to Greenlight Spot Bitcoin ETF ‘As Quickly As Possible’

6.9.2023
Crypto asset manager Grayscale’s legal team has sent a letter to the US Securities Exchange Commission (SEC) asking the agency to move ahead with its proposed Spot Bitcoin BTF and meet its staff as soon as practical. Law firms Davis Polk and Munger Tolles & Olson, representing Grayscale, sent...

Crypto Exchange Bitfinex Diversifies, Adds Bitcoin to Balance Sheet

5.9.2023
Bitfinex, one of the oldest crypto exchanges still operating today, reportedly holds Bitcoin (BTC) on its balance sheet. The news that the veteran crypto exchange is investing profits into Bitcoin was reported on Monday by crypto news outlet The Block, which cited “a source with direct knowledge...

On-Chain Data: Short-Term Bitcoin Holders Face Losses Amid Price Decline – Here's the Latest

5.9.2023
The Short-Term Holder Spent Output Profit Ratio (STH-SOPR) for Bitcoin (BTC) has decreased from 1 to 0.9809, indicating less favorable conditions for short-term Bitcoin holders due to recent price declines. The STH-SOPR measures the profitability of Bitcoin trades involving coins held for less...

Bitcoin Spot ETF – Is Gary Gensler the Putin of Finance? This Top Lawyer Thinks So, BlackRock and Fidelity Approvals Closer Now

4.9.2023
The Bitcoin Spot ETF delay leads one prominent New York corporate regulatory lawyer, and a Special Professor of Law at Hofstra Law School, to say, “Gary Gensler reminds me a little bit of Putin” in his attitude to crypto. US Securities and Exchange Commission (SEC) Chair Gary Gensler stands...

Cambridge University's Bitcoin Mining Index Gets an Upgrade for Precise Power Consumption Analysis – Here's the Latest

4.9.2023
The Bitcoin Electricity Consumption Index (CBECI), developed by researchers at Cambridge University’s Centre for Alternative Finance (CCAF), has been upgraded to reveal new information about Bitcoin mining’s global energy consumption. Following the upgrade, the new estimate of all global energy...

Grayscale ETF victory proves bullish for Bitcoin and Bitcoin Spark

4.9.2023
Grayscale recently scored a major victory against the U.S. Securities and Exchange Commission in its efforts to get a Bitcoin ETF. And while this has proven bullish for Bitcoin (BTC), other cryptocurrencies have also benefited, including Bitcoin Spark (BTCS). What is Grayscale? Grayscale is...

JPMorgan Anticipates SEC Approval of Spot Bitcoin ETFs After Grayscale's Victory

4.9.2023
The US Securities and Exchange Commission (SEC) will likely be forced to approve multiple spot Bitcoin (BTC) exchange-traded fund (ETF) applications following the recent Grayscale victory. ... Read More: JPMorgan Anticipates SEC Approval of Spot Bitcoin ETFs After Grayscale's Victory

Oliver Velez backs Bitcoin, calls it a soon-to-be-rare asset

4.9.2023
Oliver Velez has backed the purchase of Bitcoin, represented with the symbol – BTC. Oliver hails from the trading backyard that spans 30 years, along with being an author. Oliver’s post on X, formerly Twitter, has stated that BTC will go rare by the end of next year, making it one of...

5 Sectors gaining advantages from Bitcoin’s evolution

4.9.2023
Bitcoin, the leading cryptocurrency in the sphere of digital assets, continues to go a long way toward revolutionizing the financial realm extraordinarily. As a burgeoning digit asset, the use of Bitcoin can be easily witnessed in a variety of industries, leveraging them phenomenally. Whether it...

No Internet, No Problem: This New Crypto Startup Brings Bitcoin to Local Mesh Networks

1.9.2023
In a world increasingly reliant on internet connectivity, a Florida-based startup is breaking new ground by enabling Bitcoin (BTC) Lightning Network transactions even when there's no access to the web. The company, called LNMesh, leverages local "mesh networks" to facilitate Bitcoin payments...

Bitcoin's Decline Continues for Second Month Despite Grayscale Ruling

1.9.2023
The price of Bitcoin (BTC) ended down for the second consecutive month yesterday, despite bullish news that a spot Bitcoin exchange-traded fund (ETF) could be coming soon. For August as a whole, the BTC price ended down just over 11%, from around $29,200 at the beginning of the month to 25,900...

Oprah and The Rock Accept Bitcoin Donations For Maui Fire Victims – Here’s the Latest

1.9.2023
The People’s Fund of Maui, a charity organization rolled out by celebrities Oprah Winfrey and Dwayne “The Rock” Johnson to aid victims of wildfires in Maui accepts Bitcoin (BTC) and other cryptocurrencies. The fund launched to provide direct financial support to the community has seen the crypto...

SEC delays on approving applications for spot Bitcoin ETF

1.9.2023
The US Securities and Exchange Commission has decided to further the timeframe for coming to any conclusion regarding the applications it has received from Invesco, Wisdom Tree, and Valkyrie. The matter is related to spot bitcoin trading exchange trading funds. The decision has been extended for...

US Bitcoiner Moves to El Salvador in Anticipation of ‘Bitcoin City’

1.9.2023
El Salvador’s Bitcoin City has reportedly attracted its first international “resident,” with an American bitcoiner moving to the area where the city is being constructed. Per the government-aligned newspaper Diario El Salvador, the man’s name is Corbin Keegan. He was described as “an American...

6 Bitcoin ETF Applications Delayed So Far, BlackRock Rumored to Be Next—Fidelity, WisdomTree, Valkyrie, VanEck, Bitwise, Invesco

31.8.2023
Today, the U.S. Securities and Exchange Commission (SEC) announced delays in its decisions regarding Bitcoin ETF applications from six companies out of seven—Fidelity, WisdomTree, Valkyrie, VanEck, Bitwise, and Invesco. The regulatory body stated it would need at least 45 more days to review...