HIVE Digital achieves 23 EH/s milestone using Bitcoin output to fuel AI growth
TL;DR HIVE Digital Technologies surpassed 23 EH/s in Bitcoin mining, a 283% increase, generating revenue to fund its expansion. The company expanded its Grand Falls, New
bitcoin (Latest Publications)
Bitcoin (BTC) is a digital currency created in 2009 by an unknown person using the alias Satoshi Nakamoto. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer Bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a publicly distributed ledger called a blockchain
Bitcoin Falls Below $108K as Spot ETFs See Outflows and Analysts Note Altcoin Setup
TL;DR Bitcoin and Ethereum spot ETFs experienced consecutive outflows, totaling nearly $290 million, signaling short-term caution among investors. Bitcoin spot ETFs led by BlackRock saw $192
Gold and Crypto Trends Align in Price Movement But Diverge in Underlying Causes
Gold and cryptocurrencies have recently shown parallel price movements, but for very different reasons, according to Michael Cuggino, president and portfolio manager at Permanent Portfolio Funds.
October Data Shows Miners Transferring 210,000 BTC to Exchanges
TL;DR Miners moved 210,000 BTC to exchanges during October, while retaining a reserve of 1.89M BTC. Binance received the largest portion, reflecting increased miner activity and
Retail Investors Missing in Action as Crypto Cycle Momentum Weakens
Retail activity in the Bitcoin market has slowed dramatically, according to data from Binance, the world’s largest crypto exchange. Since early 2023, the 90-day moving average
Why Gold Is Falling and the Crypto Market Is Poised to Rise
TL;DR The Federal Reserve changes its interest rate and liquidity policy. Capital could move from gold to risk assets. The price of Bitcoin is on a
Bybit reserves show sharp decline in Bitcoin and Ethereum holdings
TL:DR Bitcoin holdings on Bybit fell by 3.13% and Ethereum holdings by 5% in the last month. In contrast, balances of the stablecoin USDT increased by
Is Quantum Computing an Immediate Threat to Bitcoin?
TL;DR Quantum computing could pose a threat to Bitcoin and other blockchains in the coming years, forcing the industry to develop solutions. Initiatives such as SUI
Steak ‘n Shake Creates a Bitcoin Reserve and Launches a BTC Cashback Promotion
TL;DR Steak ‘n Shake and Fold launched a campaign across 400 U.S. locations offering $5 in Bitcoin for every meal purchase. The chain created a crypto
Japan Emerges as 11th Nation to Back Bitcoin Mining With Government Support
TL;DR Japan has officially joined the list of countries supporting Bitcoin mining with government involvement, becoming the 11th nation globally. A significant 4.5 MW order from
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