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CleanSpark’s Bitcoin stash climbs to 9,952 BTC as hashrate grows
Bitcoin mining company CleanSpark has increased its BTC holdings and hashrate efficiency in a year that saw major capacity upgrades.
Mining company MARA lent out 7,377 BTC to third parties in 2024
Mining company MARA revealed it lent out 7,377 Bitcoin in order to generate a yield to offset the costs incurred through its mining business.
Bitcoin hashrate taps all-time high
The Bitcoin network’s hashrate — the total computing power securing the Bitcoin network — reached a new all-time high on Jan. 3 of over 1,000 exahashes per second.
Kyrgyzstan cryptocurrency mining tax collection falls 50% YoY in 2024
Crypto mining tax revenue fell by over 50% for Kyrgyzstan, netting just over $535,000 for the country's budget.
How to get involved in crypto mining without expensive hardware
Get into crypto mining without big investments: Learn about crypto mining without hardware and how to keep costs low.
Russia bans crypto mining for 6 years in 10 regions
The Russian government has completely banned cryptocurrency mining in 10 Russian regions and territories for a period of six years.
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.