Category: Bitcoin

29
Jul
2024
Posted in Bitcoin

Saylor of MicroStrategy claims that the nation that purchases Bitcoin first by issuing money ‘wins’

Michael Saylor, executive chairman of MicroStrategy, claimed that Bitcoin might assist in resolving half of the world’s economic issues, particularly for nations facing difficulties as a result of growing national…

29
Jul
2024
Posted in Bitcoin

Lummis proposes legislation to create a strategic reserve of one million Bitcoins for the United States

A new bill introduced by Senator Cynthia Lummis seeks to create a strategic reserve of at least one million Bitcoins (BTC) for the United States, which represents 5% of the…

29
Jul
2024
Posted in Bitcoin

Bitcoin2024 is dominated by Trump and “Bitcoin Season 2”

At the world’s largest Bitcoin conference, Coin2024, more than 20,000 enthusiasts have descended upon Nashville, Tennessee. As dapp developers and politicians prowl the hallways, it’s evident that the world’s largest…

29
Jul
2024
Posted in Bitcoin

Speaking at Bitcoin2024, Trump declares that Gary Gensler will be fired immediately

Donald Trump declared on the last day of Bitcoin2024 that he will remove Gary Gensler’s leadership at the Securities and Exchange Commission (SEC), a government organization that is well-known for…

29
Jul
2024
Posted in Bitcoin

Bitcoin’s 7-Day Hashrate Average Exceeds the Peak on May 25 and Breaks the Record with 677 EH/s

Bitcoin Hashrate Sets New Highs This week has seen new highs for Bitcoin’s hashrate, which has coincided with a rise in the price of the top cryptocurrency asset during the…

29
Jul
2024
Posted in Bitcoin

Ledger updates its product line and introduces its newest hardware wallet

Ledger, a crypto security company, made the announcement of Ledger Flex, its newest hardware product, live at the Bitcoin BTC +1.93% 2024 conference in Nashville, Tennessee. The new gadget, like…

29
Jul
2024
Posted in Bitcoin

Mezo, a Bitcoin scaling network, has raised an additional $7.5 million

The Bitcoin BTC +1.93% scaling network Mezo was developed by Thesis, a startup studio, and has raised $7.5 million in a strategic investment round led by Ledger Cathay Fund. Thesis…

29
Jul
2024
Posted in Bitcoin

CEO of Cantor Fitzgerald announces $2 billion Bitcoin financing program

At the Bitcoin 2024 conference in Nashville, Tennessee, on July 27, Howard Lutnick, the company’s chairman and CEO, made the announcement. With $13.2 billion in assets under management, Cantor is…

26
Jul
2024
Posted in Bitcoin

After the launch of the spot ETH ETF, $5.6 billion in Bitcoin and Ethereum options will expire

Today’s expiration of Bitcoin (BTC) and Ethereum (ETH) options is estimated to be worth $5.65 billion. It is expected that this big expiration will bring significant volatility, and investors and…

26
Jul
2024
Posted in Bitcoin

Zero-Knowledge Proof on the Mainnet is Verified by Bitcoin Rollup Protocol BOS

ZK Proof is Verified by BOS on Bitcoin Bitcoin.com News was informed by BOS, a system for interoperable and trustless Bitcoin rollups, that it has reached this milestone, potentially doing…

26
Jul
2024
Posted in Bitcoin

A venture fund focused on cryptocurrencies receives $113 million from Michael Novogratz’s Galaxy

In order to support Galaxy Ventures, a fund that invests in early-stage businesses in the fields of financialized applications, software infrastructure, and crypto protocols, Michael Novogratz’s Galaxy Asset Management has…

26
Jul
2024
Posted in Bitcoin

MARA buys bitcoin for $100 million; total holdings exceed 20,000 BTC

The bitcoin miner MARA, which changed its name from Marathon Digital recently, said on Thursday that it had added $100 million to its bitcoin holdings. According to a statement shared…

25
Jul
2024
Posted in Bitcoin

$78 million leaves US Bitcoin ETFs, snapping a 12-day trend of inflows

Blackrock’s IBIT Gains $71M, while Three Bitcoin ETFs See Outflows After record-breaking inflows for 12 straight days and a $533.57 million inflow on Monday, U.S. spot bitcoin ETFs saw a…

25
Jul
2024
Posted in Bitcoin

By July 25th, Bitstamp will distribute Mt. Gox Bitcoin

cryptocurrency trading Bitstamp verified that it has received Bitcoin, Bitcoin Cash, and Bitcoin BTC-3.08%. The goal of the Mt. Gox Truste’s Bitcoin Cash BCH -5.37% and Ethereum ETH -7.98% was…

25
Jul
2024
Posted in Bitcoin

Riot Platforms Expands to 2 GW Capacity and Acquires Block Mining for $92.5M

Riot Platforms just released a press release stating that $18.5 million in cash and $74 million in common stock were used to fund the purchase. By 2025, block mining might…

25
Jul
2024
Posted in Bitcoin

This Is Why BitcoinOS’s Recent Release of the First ZK Proof Is Important

ZK Proofs And Rollups Are Added To Bitcoin By BitcoinOS This accomplishment, made on Tuesday at Block 853626, represents a major advancement in the growth and improvement of Bitcoin’s functionality…

25
Jul
2024
Posted in Bitcoin

Self-custodial Bitcoin wallet unveiled by Proton Mail’s parent company

Proton, a privacy and security startup, released its open-source Proton Wallet on Wednesday with the goal of making using Bitcoin BTC -2.97% easier for users. Proton, which prioritizes privacy and…

24
Jul
2024
Posted in Bitcoin

With the help of Morgan Stanley and a GPU pilot, bitcoin miner IREN is stepping into AI

According to its July 23 Analyst & Investor Day presentation, bitcoin miner IREN (previously known as Iris Energy) is the newest cryptocurrency mining business hoping to capitalize on the artificial…

24
Jul
2024
Posted in Bitcoin

Franklin Templeton contributes $300 million to Bitlayer’s Bitcoin infrastructure

Bitlayer, a Bitcoin layer-2 network, has raised a total of $16 million, including $11 million in its Series A investment round, according to a statement shared with CryptoSlate on July…

23
Jul
2024
Posted in Bitcoin

Bulls in bitcoin aim for $72K following a 5-week high in the premium of BTC futures

On July 22, the price of Bitcoin (BTC) tickers down $66,860 reached an intraday peak of $68,518—its highest level in forty days. The 19.4% increases in ten days were driven…