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Bitcoin miners earned just 3.6% of record $2T market cap — Analysis
Bitcoin miner revenue provides "tremendous" value to users of the network, says Glassnode.
Energy from gas-flaring a $16 billion opportunity — PermianChain exec
PermianChain CEO Mohemed El-Masri says that demand for recaptured natural gas from gas flaring could represent a $16 billion opportunity.
Bitcoin ASIC maker Bitmain expands production line into US
Bitcoin hardware firm Bitmain has expanded its production line into the US amid escalating trade tensions with China.
Bitcoin Miner Balance Sees 85,503 BTC Drop in 48 Hours
Bitcoin (BTC) miners have recorded a significant drop in the total BTC held in wallets associated with miners. In a post on X, Santiment, an on-chain analytics platform, highlighted the shift in Bitcoin’s mining balance. There was a drop of 85,503 BTC within 48 hours.
BIT Mining saw 3X profits mining DOGE, LTC instead of just Bitcoin
Bitcoin miner BIT Mining said its focus on Dogecoin and Litecoin mining has made it nearly three times more profitable.
Bitcoin Miner Foundry Cuts Jobs, Focuses on Core Business
Foundry denied rumors of shutting down its hardware and ASIC repair business lines, stating that it is simply deprioritizing this line.
Bitcoin miner Foundry lays off staff amid restructuring
Foundry, the world’s largest Bitcoin mining pool, has laid off 27% of its staff amid a planned restructuring that includes spinning off its self-mining business.
Bitcoin miner Hut 8 argues to toss ‘short and distort’ shareholder suit
Bitcoin miner Hut 8 has filed a motion to dismiss a shareholder class-action lawsuit on the grounds that a short-seller engaged in a “short and distort” scheme.
Bitcoin finds a new purpose in DeFi through new mining-backed model
This project bridges Bitcoin and DeFi to provide investors with an innovative way to utilize their BTC holdings in a system backed by mining operations
PowerDime launching tokenized renewable energy platform with Chintai
Energy finance company PowerDime is launching a renewable energy trading platform on the compliance-focused Chintai blockchain network.
Bitcoin Miners Raised Over $5 Billion in 2024 With $3.6 Billion Spent on Machines and Infrastructure
Bitcoin mining companies channeled a significant portion of their fund raises into machine and infrastructure upgrades.
Bitcoin weekly RSI sparks 'intermediate' $85K BTC price target
BTC price strength is bringing back upside targets which now include $85,000 per bitcoin.
Gold hits new all-time high as Bitcoin rallies to September high above $64K
Gold is trading at a record high, while Bitcoin has reached its highest level in four weeks.
Australia to require crypto firms to hold financial services licenses
Australian regulators are preparing a new guidance to require crypto exchanges to obtain financial services licenses, according to ASIC commissioner Alan Kirkland.
TON-based wallet to support crypto assets on Tron
MyTonWallet founder Alexander Zinchuk believes that managing assets across different networks is becoming "increasingly vital" for users.
BlackRock Bitcoin ETF demands 12-hour BTC withdrawals from Coinbase
BlackRock's Bitcoin ETF now demands 12-hour onchain withdrawals from Coinbase, following investor concerns about its custodial practices that could suppress BTC price.
Coinbase’s cbBTC wrapped Bitcoin coming to Solana — Breakpoint 2024
Coinbase’s cbBTC — a tokenized version of Bitcoin — is coming to the Solana ecosystem, according to Coinbase executive Hassan Ahmed.
African economies show high potential for digital asset adoption
South Africa is solidifying its position as a digital asset hub with new regulations and platforms like VALR driving institutional adoption.
BTC Miners Increase Earnings With Fractal Bitcoin Mining
According to the latest data, the blockchain network Fractal Bitcoin continues to capture around 226 EH/s of Bitcoin’s hashrate.
SEC asks court for four months to produce documents for Coinbase
As part of its enforcement action filed against Coinbase in June 2023, the SEC has requested additional time to satisfy a motion to compel discovery.
Germany seizes 47 crypto exchanges tied to ‘underground economy’
The German government has shut down nearly 47 cryptocurrency exchanges that it claims failed to implement sufficient identity and KYC to prevent criminal activity.
Tether’s transparency and business structure raises $118B FTX-like concerns
Tether’s transparency and business structure have raised a $118 billion, FTX-like concern, with crypto investors still recovering from the FTX collapse.
Bitcoin miner wallets awaken after over 15 years — Is this Satoshi?
Community members speculated about who could own the Bitcoin, with some saying it may be Satoshi Nakamoto and others thinking it was someone who found their old hard drive.
Hashgraph Association to explore digital asset use cases with Qatar stakeholders
The Hashgraph Association revealed plans to explore consumer engagement and loyalty programs as part of its digital asset use case exploration initiative with stakeholders in Qatar.
Silvergate Capital files for Chapter 11 bankruptcy in Delaware
Silvergate Capital Corporation files for Chapter 11 bankruptcy in the US Bankruptcy Court for the District of Delaware.
US lawmaker accuses SEC of ‘enforcement abuse’ against crypto firms
Democratic and Republican lawmakers sparred at a hearing addressing claims of the SEC’s ‘politicized approach to digital assets.’
Donald Trump uses Bitcoin to buy burgers at NYC bar
NYC Bitcoin bar Pubkey reported that Republican presidential nominee Donald Trump purchased hamburgers using BTC on Sept. 18.
Fed rate cut may be politically motivated, will increase inflation — Arthur Hayes
BitMEX co-founder Arthur Hayes believes the Fed’s actions were a politically motivated move to push markets higher ahead of the US presidential election.
Puma partners with Web3 mobile game in ‘pivotal moment’ for mainstream adoption
Puma has partnered with UNKJD Web3 mobile soccer game, in a "pivotal moment" for mainstream crypto adoption and play-to-earn.
SC Ventures invests in One Trading for EU crypto perpetual futures
Ripple’s Chris Larsen spearheads a $10 million seed funding round for Yellow Network, addressing crypto liquidity fragmentation and scalability issues.
SC Ventures invests in One Trading for EU crypto perpetual futures
SC Ventures has invested in Bitpanda spinoff One Trading, enabling the launch of the first perpetual futures trading platform in the EU.
USDT on TON chain surpasses $1 billion: Token Terminal
USDT surpasses $1 billion on TON Chain, highlighting its dominance over rivals like USDC. Tether’s stablecoin gains traction in Telegram Mini Apps and crypto payments.
Circle integrates USDC with national payment systems of Brazil, Mexico
Circle has integrated its USD-pegged stablecoin USDC with Brazil and Mexico’s national real-time payment systems.
Bitcoin price can see $64K 'very quickly' on Fed rate cut — Research
BTC price analysis calls for $64,000 as Fed rate cut day sparks Bitcoin bull run optimism.
Kamala Harris presidency may push US crypto firms abroad: Nansen CEO
Alex Svanevik, CEO of Nansen, predicts that Trump's victory in the 2024 US election could be bullish for US crypto, while Harris may push crypto firms abroad.
BNB Chain introduces gasless stablecoin payments initiative
BNB Chain’s gasless transactions update enhances stablecoin transfers for USDT, USDC, and FDUSD, expanding access across CEXs and wallets.
Linux debuts decentralized foundation with Hedera and 100+ members
The Linux Foundation Decentralized Trust debuted with over 100 members, including Hedera, Hyperledger, and others. Hedera contributed its source code.
New tokens are more likely to win if they find institutional investors
Most of the new tokens launched in 2024 have fared poorly compared to their predecessors. However, institutional investment has helped some succeed.
Cathedra Bitcoin cools off mining to tap MicroStrategy playbook
Cathedra Bitcoin will shift its focus from Bitcoin mining to stacking as much Bitcoin as possible through capital markets.
Intel shares jump 6% after plan to spin off AI chip-making arm
Intel closed the day up 6.4% following an announcement that the firm would spin off its foundry business into a new entity capable of raising fresh funding.
Circle’s USDC stablecoin to launch on Sui network
USDC, the second-largest stablecoin by market cap, is coming to the Layer-1 blockchain Sui network, Circle CEO Jeremy Allaire announced.
Digital Chamber urges US crypto users to support new NFT bill
Blockchain advocacy group Digital Chamber urges U.S. crypto users to support the NFT Act, a bill that aims to classify some NFTs as consumer products.
Microsoft to open two AI centers in Abu Dhabi
Microsoft will establish two AI centers in Abu Dhabi, focusing on responsible AI practices, global AI accessibility and societal impact initiatives.
ETH falls 6% amid Trump assassination attempt, looming rate cuts, ‘FUD’ wave
Ethereum prices have fallen back to lows not seen since January as it continues to weaken against Bitcoin.
Base DeFi project disappears after rug pull
BaseBros Fi, a DeFi protocol on Base blockchain, vanishes after orchestrating a rug pull via an unaudited smart contract, stealing $130,000 of user funds.
Vitalik Buterin: Solo staking key to Ethereum’s security
Vitalik Buterin, co-founder of Ethereum, highlights solo staking’s crucial role in bolstering Ethereum’s security and decentralization at Ethereum Singapore 2024.
Miner Bitfarms accelerates 2.2 EH/s hosting agreement with Stronghold
Bitfarms has fast-tracked a 2.2 (EH/s) miner hosting agreement with Stronghold Digital Mining, which should be fully operational in October 2024.
Norway town campaigns to close Bitcoin mine, electricity costs jump 20%
Although many residents of Hadsel were initially pleased with the Bitcoin mine's closure, they have now found out that their electricity bills will rise to offset the power company's revenue loss.
Bitcoin 'ticking time bomb' setup targets $150K by 2025
Bitcoin's technical indicators signal an explosive move, with a classic "cup and handle" pattern suggesting targets between $100,000 and $150,000.
Binance Warns of Malware Targeting Crypto Addresses, Urges Users to Always Verify
Binance said it has implemented security measures and provided tips to users, including verifying app authenticity.