Tagged: bitcoin

Bitcoin Hits New All Time High

Is it the Bitcoin ETFs? The Halving? The debt debacle in the US? Whatever it is, Bitcoin has hit a new all-time high. According to Coinbase, Bitcoin briefly breached $69,000 – the highest valuation ever. Currently trading at around $68,000 some prognosticators are predicting that… Read More

Bitcoin Mining Firm Riot Acquires 31,500 BTC Miners from MicroBT to Enhance Operations at Rockdale Facility

Riot Platforms, Inc. (NASDAQ: RIOT), an industry enabler of vertically integrated Bitcoin (BTC) mining, announced that it has entered into a new purchase agreement with Shenzhen MicroBT Electronics Technology Co., LTD, “through its manufacturing subsidiaries, (MicroBT) a prominent manufacturer of Bitcoin miners.” Under the Agreement,… Read More

Coinbase Shares Rise as Bitcoin Nears New Highs

Coinbase (NASDAQ:COIN), the largest crypto exchange in the US, saw its shares rocket higher almost 17% yesterday, nearing 52-week highs. The rally is poised to continue today as in pre-market trading, shares are up by almost 7% – which means Coinbase may open at over… Read More

Lumerin Integrates with Portal DEX for Decentralized Bitcoin Mining and Cross-Chain Hashpower Trading

Lumerin, a “decentralized” Hashpower Marketplace built on Arbitrum that has built technology to make Bitcoin hashrate a liquid asset allowing for global access to peer-to-peer, decentralized hashrate trading, announced a new integration with Portal, the “trust-minimized,” cross-chain swaps that involve no bridges, custody or wrapping…. Read More

Digital Assets: Bakkt and Swan Bitcoin Enable BTC Trading Across 49 US States

Bakkt Holdings, Inc.  (NYSE: BKKT), which has been struggling to maintain operations due to a shortage of cash reserves but has acquired financial resources to keep running operations for now, and Swan Bitcoin announced that the companies have enabled Bitcoin trading across 49 U.S. states… Read More

Texas Blockchain Council, Riot Platforms Initiate Legal Proceedings Against US Dept of Energy’s Energy Information Administration

The Texas Blockchain Council (TBC) alongside one of its members, Riot Platforms, initiated legal proceedings against the U.S. Department of Energy’s Energy Information Administration (EIA), challenging “an alleged unprecedented and illegal data collection demand against the bitcoin mining industry.” This legal action underscores the TBC’s… Read More

Bitcoin Mining Firm Riot Platforms, an Enabler of Vertically Integrated BTC Miners, Shares Latest Peformance Updates

Riot Platforms, Inc. (NASDAQ: RIOT), an industry enabler of vertically integrated Bitcoin (“BTC”) mining, reports financial results for the full year ended December 31, 2023. The audited financial statements are available on Riot’s website and here. Jason Les, CEO of Riot, said: “I am pleased… Read More

Marathon Digital Launches Slipstream, a Direct Bitcoin Transaction Submission Service

Marathon Digital Holdings, Inc. (NASDAQ:MARA), a firm focused on supporting and securing the Bitcoin ecosystem, has launched Slipstream, a direct Bitcoin transaction submission service designed to streamline confirmations of large or non-standard Bitcoin transactions. By default, Bitcoin nodes frequently “exclude large and non-standard transactions from… Read More

Bitcoin Not Suitable as a Way to Pay or as an Investment: European Central Bank

The European Central Bank (ECB) has published a critical report on Bitcoin. The report follows the approval of Bitcoin ETFs in January by the US Securities and Exchange Commission. In a blog post by Ulrich Bindeil, DG of Market Infrastructure & Payments at the ECB,… Read More

US Claims Over 80% of Spot Bitcoin ETF Market, Surpassing Canada – Report

The US has reportedly captured 83% of the Spot Bitcoin ETF market, overtaking Canada. This, according to an update from CoinGecko. Spot Bitcoin exchange-traded funds (ETFs) are “incorporated in 11 countries worldwide and traded in just 6 geographical markets,” the team at CoinGecko noted. CoinGecko… Read More

Bitcoin and Crypto Market Movements Align with Pre-Halving Rally, A Trend Observed in Previous BTC Cycles – Analysis

With Bitcoin (BTC), the flagship cryptocurrency, finally surging past the $52,000 mark at the time of writing, a pre-halving rally reminiscent of previous cycles seems to be unfolding. This is according to an update shared by the analysts at Bitfinex. To shed light on this… Read More

Paystand, a Blockchain-enabled Commercial Payments Platform, Introduces Paystand.org

Paystand, the blockchain-enabled commercial payments platform, announces the launch of Paystand.org. Paystand.org is the corporate social responsibility (CSR) arm of the financial technology company. The organization will harness the power of “the blockchain and emerging bitcoin circular economies to create financial opportunities within vulnerable and… Read More

Bitcoin at $50,000

Bitcoin (BTC) traded above $50,000 today for the first time in a long time. Not since the end of 2021 has Bitcoin traded above this key mark – topping $64000 – its all time high. Bitcoin is the most popular crypto and the only one… Read More

Bitso Releases Data on Crypto Usage with Update on Digital Asset Landscape in Latin America

Bitso —the financial services company powered by crypto in Latin America— released the first edition of its Crypto Landscape in Latin America: Report H2 2023, in which it reveals the importance that “the use of blockchain and crypto assets have gained, both in the region… Read More

OKX Ventures Invests in Bitmap Tech to Support Growth of Bitcoin Ecosystem

OKX Ventures, the investment arm of leading crypto exchange and Web3 technology company OKX, is pleased to announce its investment partnership with Bitmap Tech, the team behind Merlin Chain, a native Bitcoin Layer 2. Bitmap Tech currently boasts an overall market cap “that exceeds US$500… Read More

BitGo to Serve as Digital Asset Custodian for Valkyrie Bitcoin ETF

Digital asset financial instruments require regulated custodians to secure the underlying assets. BitGo’s support underscores the growing industry-wide call “for institutional-grade custody-first solutions.” BitGo has been a long-time collaborator with Valkyrie Investments, a global crypto-focused asset manager with $220 million in AUM. BitGo is the… Read More

Digital Assets Survey Reveals Bitcoin and Ethereum Have Most Compelling Growth Outlook

James Butterfill, Head Of Research at CoinShares, has shared the results of the latest digital asset fund manager survey. As noted in the update, 75% of all respondents believe Bitcoin and Ethereum have “the most compelling growth outlook.” As mentioned in the report, digital assets… Read More

Digital Assets: SIX Reference Rate, Real-Time Crypto Indices to Cover Bitcoin and Ethereum Markets

thought-catalog unsplash Bitcoin Ethereum Cryptocurrency

The new SIX Reference Rate Crypto Indices and SIX Real-Time Crypto Indices cover the major crypto assets Bitcoin (BTC) and Ethereum (ETH), giving a comprehensive snapshot of the market and its performance. Built on a transparent rules-based methodology, the indices aim to “foster clarity and… Read More

Bitcoin Academy, Founder Charged with Fraud by SEC

The Securities and Exchange Commission has filed fraud charges against American Bitcoin Academy operated by Rockwell Capital Management and founder Brian Sewel. The company and Sewel have agreed to settle the charges without admitting or denying the allegations. Rockwell Capital Management has also agreed to… Read More

Bitcoin Mining Focused Marathon Digital Announces Agreement with Affiliates of Hut8 Mining Corp.

Marathon Digital Holdings, Inc. (NASDAQ:MARA) , a key industry participant focused on supporting and securing the Bitcoin ecosystem, has entered into an agreement with affiliates of Hut8 Mining Corp. in order to remove Hut8 as the operator of two Bitcoin mining sites recently acquired by… Read More

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