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SEC Implicitly Recognizes Ether as Commodity, Paving Way for ETF


Source: DALL·E An Ethereum (ETH) spot ETF is due to reach the U.S. market after a slew of Bitcoin (BTC) based equivalents are likely greenlighted next week, according to Bloomberg ETF analyst James Seyffart. During a private webinar with CryptoQuant on Thursday, the analyst argued that...

Bitcoin Price Prediction as BTC Recovers to $43,000 – Is $50,000 in Sight?


In the ever-evolving world of cryptocurrencies, Bitcoin (BTC/USD) stands out, marking significant strides in the global financial scene. As of January 5th, Bitcoin’s recovery is evident with its price soaring to an impressive $44,900, a notable 2.5% increase in just 24 hours. This remarkable...

Marathon Digital Mines Record 1,853 BTC in December, up 56% from November


Source: AdobeStock / Photocreo Bednarek Bitcoin mining company Marathon Digital has set a new production record by mining the highest amount of Bitcoin in a single month.  In a press release on January 4, the Florida-based firm announced that it successfully mined 1,853 Bitcoin during December...

Cipher Mining Bolsters Operations With 16,700 Bitcoin Miners From Canaan


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...

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