Category: Bitcoin
Rebar, a bitcoin firm, raises $2.9 million to develop MEV goods
Rebar, a business that develops analytics software for Bitcoin, revealed on Thursday that it has raised $2.9 million in seed money to develop what it calls the first-ever Bitcoin-based MEV…
GRIID, a Bitcoin miner, is acquired by CleanSpark for $155 million
A deal has been reached for the Bitcoin mining company GRIID Infrastructure to be acquired by cryptocurrency miner CleanSpark. As per the release from CleanSpark, the agreement will see CleanSpark…
Within the first five months, Galaxy Digital anticipates up to $7.5 billion coming into ETH ETFs
Exchange-traded funds that track Ethereum’s native token, according to Galaxy Digital, have the potential to grow into a multi-billion dollar industry shortly after being approved. According to a report released…
The BlackRock Bitcoin ETF saw a $1.1 billion trading volume today, rising sharply!
The BlackRock Bitcoin ETF reportedly saw $1.1 billion in trading volume, shocking the financial markets. It supported investors’ faith in ETFs based on cryptocurrencies and their soaring popularity. Institutional and…
The ZK rollups service is launched by the Bitcoin Virtual Machine team in order to expand and grow BTC.
BitZK, a zero-knowledge proofs service that improves Bitcoin’s scalability by enabling users to create rollups and move applications from Ethereum to Bitcoin, was introduced last week by the team behind…
Backed by Warren Buffet Nubank expands its Lightning Network clientele to 100 million
Brazilian neobank Nubank today revealed a collaboration with Lightspark to include the Bitcoin Lightning Network into its cryptocurrency offerings, with the goal of improving scalability and transaction speed for more…
HIVE Digital concludes the fiscal year with $141 million in bitcoin and 8% more revenue
On Tuesday, HIVE Digital Technologies revealed 8% revenue increase over the previous year, totaling $114.5 million, exceeding analysts’ projections by roughly $2.7 million. HIVE’s gross operating margin for the fiscal…
The sentiment index for bitcoin falls to “fear,” its lowest level in eighteen months
The market mood for Bitcoin BTC tickers down $60,987 and the broader cryptocurrency industry is measured by the Crypto Fear and Greed Index, which has plummeted to its lowest score…
An analyst notes that the price of bitcoin declines as speculators “sell the news” of Mt. Gox’s reimbursement announcement
The price of bitcoin fell on Monday, falling more than 5% in a single trading day after Mt. Gox declared that it will begin repaying $9 billion in bitcoin and…
Leader of Argentina Javier Milei supports Bitcoin as part of a plan to overhaul currency
Javier Milei, the president of Argentina, has reiterated his support for Bitcoin as a way to strengthen the national economy. On June 19, Milei said on X that Argentina would…
MicroStrategy spends $786 million purchasing an extra 11,931 bitcoin
According to a report on Thursday, business intelligence company and corporate bitcoin holder MicroStrategy purchased an extra 11,931 BTC -0.79% for roughly $786 million, or an average price of $65,883…
An expert claims that spot ETF basis trades are responsible for an 80% increase in CME bitcoin futures open interest
Because institutional investors are using spot bitcoin exchange-traded funds (ETFs) and the CME bitcoin futures market for basis trades, open interest has surged dramatically. According to Gabriel Selby, principal research…
The ETC Group reports a recent decline in the exposure of crypto hedge funds to bitcoin
According to data from ETC Group, the exposure of crypto hedge funds to the bitcoin market has decreased to levels not seen since October 2020. Hedge funds specialising in cryptocurrency…
Bernstein thinks that spot Bitcoin ETFs will soon be approved by major wirehouses and keeps the $200,000 target until the end of 2025
Analysts at research and brokerage firm Bernstein said that although proponents of bitcoin bears contend that the spot Bitcoin exchange-traded fund trade is complete, they are omitting two important details….
CleanSpark pays $25.6 million to purchase bitcoin mining facilities
For a cash payment of $25.8 million, CleanSpark has acquired five turnkey bitcoin mining operations located in Georgia. The firm released a press release stating that the purchase is expected…
Bitcoin drops below a crucial level of support, possibly leading to an 8%–12% correction: Crypto Quant
As the price crosses it to the downside, Bitcoin has broken through a price support level that may indicate an 8%–12% correction, according to a research released on Tuesday by…
A new ETF that would own both spot Ethereum and Bitcoin is proposed by Hashdex
The cryptocurrency asset management company Hashdex intends to introduce an exchange-traded fund that would directly own Ether and Bitcoin Spot. ETF specialists argue that Nasdaq’s proposal for the Hashdex Nasdaq…
NFT Holders Can Now Participate in Closed Beta Testing on HYTOPIA
The major objective of this beta test is to guarantee hardware compatibility and improve the gaming experience for future players, even if the game is still in production and attempts…
Nigeria drops tax accusations against its executives, much to Binance’s “relief”
Cryptocurrency trading After learning that Nigerian authorities had withdrawn tax charges against its executives Tigran Gambaryan and Nadeem Anjarwalla, Binance declared that it was “relieved” and that Binance was now…
The Value of Bitcoin Layer 2 TVL Exceeds $2 Billion
The total value locked (TVL) of the bitcoin scaling solutions market has increased by 105% over the last 30 days. In the past month, Bitlayer’s iTVL has increased 720% to…