Compass Mining Energizes 3,000 Bitcoin Mining Rigs at Iowa Facility
Compass Mining has powered up 3,000 bitcoin mining machines at its newly partnered hosting facility in Iowa. The company also...
Bitcoin
Nigeria to ramp up crackdown on unregistered crypto exchanges
Nigeria’s Securities and Exchange Commission (SEC) is preparing to ramp up enforcement actions against crypto exchanges and other businesses operating...
Exploring the Rise and Impact of Restaking
In 2024, restaking rapidly transformed from a nascent concept into a cornerstone of the DeFi ecosystem, driven by its potential...
Bitcoin ETFs Suffer $706 Million In Outflows – Should Investors Be Paranoid?
Mainstream Bitcoin ETFs are having a bad time lately, as $706 million of outflows were recorded. This makes it one...
Russia mined over $3 billion in Bitcoin last year, boosting tax revenue amid sanctions
Russian lawmakers pass bill legalizing Bitcoin mining, crypto payments for international trade Adoption 1 month agoThe bill, which was first...
Central Bank of Brazil Reveals New Use Cases to Be Tested in Its Drex CBDC Second Pilot Phase
The Central Bank of Brazil disclosed a new set of use cases that will be part of the second phase...
Bitcoin’s Hashrate Reaches 692 EH/s, Nearing 700 EH/s Milestone
After breaking the July 25, 2024 record on Saturday, Sept. 7, Bitcoin’s hashrate has kept climbing, now reaching an impressive...
How Bitcoin Adoption Boosted El Salvador’s Profile in 3 Years
Three years ago today, El Salvador made history as the first nation to adopt Bitcoin as legal tender. This move...
BitMEX co-founder Arthur Hayes believes Bitcoin (BTC) will tap $50K
Arthur Hayes predicts Bitcoin (BTC) could fall below $50K amid market turmoil. Bitcoin’s price drop has led to $36.71M in...
A Complete Guide to Ethereum in 2024
One blockchain is at the heart of the modern web3 landscape – Ethereum.As the first blockchain to support smart contracts,...
Thoma Bravo founder says firm permanently exits crypto post-FTX fiasco
Key Takeaways Thoma Bravo has withdrawn from crypto investments after its FTX bet fell flat. The company's founder maintains a...
Venezuelan Opposition Leader Proposes Bitcoin as National Reserve Asset
María Corina Machado, a leading figure in Venezuela’s opposition, has proposed a plan to adopt Bitcoin (BTC) as a national...
Is Bitcoin (BTC) Demand Drying Up? Top Analyst Shares Details
Bitcoin (BTC) is at a crucial level after a sharp 15% retrace from recent local highs. While traders and enthusiasts...
Altcoin Season Kicks Off: Bitcoin Weakness Fuels Speculation
Analysts are focusing on altcoins as Bitcoin (BTC) experiences a price decline, with hopes of a potential altseason. This phase,...
VanEck to close its Ethereum futures ETF in September, a year after launch
VanEck is closing its Ethereum Futures ETF (EFUT) by September 16, 2024. The EFUT saw low asset accumulation as compared...
Bitcoin Miner Iris Energy Increases Mining Output by 10%
Iris Energy has reported a 10% increase in bitcoin production during August 2024, with the company mining 245 bitcoin. The...
Crypto Misuse By Hamas? US Treasury Letter Urges Increased Vigilance – Details
The US Treasury Department is intensifying its efforts to regulate crypto transactions linked to terrorist organizations, notably Hamas, as it...
Bitcoin inflows surge to $543 million after Powell’s dovish comments
Key Takeaways Digital asset investment products saw $533m inflows, the largest in five weeks. New Ethereum ETFs have seen $3.1bn...
MicroStrategy boosts BTC holdings with $805M acquisition in Q2
Key Takeaways MicroStrategy acquired 12,222 bitcoins at an average price of $65,882 each during Q2. The company reported a net...
Bitfarms Hits Back at Riot Platforms’ Alleged Misleading Claims
Bitcoin mining firm Bitfarms has responded to Riot Platforms’ allegedly misleading statements about a special meeting and potential acquisition. Bitfarms...
Cardano Founder Charles Hoskinson on Chang Hard Fork Achievements: ‘This Dwarfs Bitcoin’
Charles Hoskinson, founder of the Cardano cryptocurrency and CEO of IOHK, has shared his perspective on on the state of...
Marathon Digital hints at AI pivot following Bitcoin production slowdown in August
Marathon Digital is showing interest in artificial intelligence (AI) as its Bitcoin production slowed in August.On Sept. 5, the BTC...
