Tag: Bitcoin
Claims can now be made for the Bitcoin Restaking Chain BounceBit Airdrop
With its CeFi + DeFi framework, BounceBit sets itself apart and enables Bitcoin holders to generate income from many sources. The infrastructure it suggests is built around the asset-driven value…
As it promotes itself as Asia’s MicroStrategy, Metaplanet increases its Bitcoin reserves
Additional Bitcoin has been bought by Japan-based Metaplanet, as per a disclosure statement posted on social media platform X on May 10. The company disclosed that on April 23, it…
According to a filing, Wells Fargo Banks has invested $143 million in bitcoin
The great majority of those funds were invested in shares of the Grayscale Bitcoin Trust (GBTC), a Bitcoin spot exchange-traded fund (ETF) whose shares are intended to mirror the spot…
US Bancorp and the Rothschild firm report purchasing about $20 million worth of Bitcoin ETFs on the spot in Q1
According to the corporation, it paid around $5.4 million for 87,744 shares of Fidelity’s FBTC, $2.9 million for 46,011 shares of Grayscale’s GBTC, and $7.2 million for 178,567 shares of…
Marathon Digital saw an 184% increase in profit in Q1 while mining $176 million in bitcoin
According to an earnings statement, Marathon Digital stated that it mined 2,811 bitcoin in the first quarter of this year, or around $176 million at current prices. Marathon Digital’s profits…
Ledn’s First-quarter loans set a record of $690 million as the lending market recovers
For cryptocurrency lending firm Ledn, the first quarter witnessed the processing of almost $690 million in loans, making it the company’s most successful quarter since its establishment in 2018. That…
According to Glassnode executives, Bitcoin may shortly “BLOW higher” on a bullish candle hammer
A “bullish candle hammer” that has shown on the weekly price chart of Bitcoin, which is currently trading at $62,811, is being cited by traders as a potential sign of…
$7 million is raised by Multicoin Capital, the platform for applications built on Bitcoin, Arch
In a seed investment round, Arch Labs, the group behind the Bitcoin native application platform Arch, has raised $7 million. For the venture capital firm, Multicoin Capital led the round…
Argentina’s Power Company Closes a New Bitcoin Mining Agreement
A new energy provider in Argentina has signed a deal to mine bitcoins YPF is the third-biggest oil producer in South America. In Patagonia, it is engaged in multiple exploratory…
$1.3 billion in spot Bitcoin ETF investments are disclosed by Susquehanna
In a May 7 13F filing, Susquehanna International Group revealed $1.3 billion in investments in spot Bitcoin ETFs. For a total investment of $1.1 billion, the business disclosed owning 17.3…
Market value of bitcoin miner Marathon increases by $800 million as shares soar by 18%
Marathon Digital’s shares increased by 18% on Monday, following S&P Global’s announcement that the bitcoin miner would be included in a small-cap stock index. This increase increased the company’s market…
For the first time in ten years, a Bitcoin whale shifted $43 million in BTC
The whale was given 687.33 Bitcoins (BTC) on January 12, 2014, according to Lookonchain statistics. At the time, BTC was trading for $917, which is almost $630,000. Ten years later,…
The 7RCC Spot Bitcoin and Carbon Credit Futures ETF decision has been postponed by the SEC
The Securities and Exchange Commission stated that deliberations over the next course of action for a proposed exchange-traded fund that focuses on bitcoin and carbon credit futures contracts will take…
OpenSats receives $21 million from Jack Dorsey’s “start small” effort to advance Bitcoin development
In a blog post published on May 4, the foundation revealed Dorsey’s donation and said the money would be used to support open-source initiatives, giving entrepreneurs all over the world…
Logos signs the biggest Bitcoin block ever with its manifesto
The largest-ever Bitcoin BTC block mined in history was engraved with the manifesto document of Logos, a decentralized and privacy-focused technological stack. The 3.99 MB inscription was written ahead of…
Following losses, the Grayscale Bitcoin ETF saw its first inflow
This occurs after the fund had withdrawals totaling $1.6 billion prior to the Bitcoin halving. GBTC reported a net inflow of $63 million on May 3, based on information provided…
Eight hundred weeks after its birth, Bitcoin has processed more than one billion transactions
The world’s most valuable cryptocurrency, Bitcoin BTC +1.35%, has processed more than one billion transactions in the eight hundred weeks and one day since its launch on January 3, 2009,…
$63 million inflow into Grayscale’s GBTC spot bitcoin ETF ends a 78-day outflow trend
After 78 days of nonstop withdrawals, Grayscale’s GBTC spot bitcoin exchange-traded fund saw its first-ever daily net inflows on Friday since it was converted. By May 2, GBTC had lost…
Address poisoning assault allegedly costs the victim over $71 million in Bitcoin
A person appears to have lost more than $71 million in wrapped bitcoin (WBTC) due to an address poisoning assault. The Etherscan blockchain explorer shows that the victim sent 1,155…
Standard Chartered Fears a $50K Drop in Bitcoin Prices
Bitcoin Could Plunge to a Range of $50,000–$52,000 According to Standard Chartered Bank, the recent decline in Bitcoin’s value below $60,000 may be an indication of further difficulties to come….