Bitcoin Miner Genesis Digital Assets Launches Heat Repurposing Project in Sweden
Genesis Digital Assets Limited (GDA) has embarked on a new project in Norsjö, Sweden, utilizing surplus heat from one of...
Bitcoin
Galaxy Research Warns of Sustainability Concerns for Bitcoin Layer-2 Rollups
A recent report by Galaxy Research has raised concerns about the long-term sustainability of Bitcoin Layer-2 (L2) scaling solutions, particularly...
This Is Why Bitcoin (BTC) Could Drop to $40K: CryptoQuant
Bitcoin tumbled more than 15% on Monday, briefly dipping below $50,000 amidst concerns of a US recession and growing geopolitical...
Australia Flags Over 2,000 Compromised Crypto Wallets
More than 2,000 compromised cryptocurrency wallets belonging to Australians were recently uncovered during a global operation targeting cryptocurrency scammers. The...
Xapo Bank Enters UK Market, Offers Interest-Bearing USD and Bitcoin Account
Xapo Bank has entered the UK market, becoming the only licensed banking group to offer a combined interest-bearing USD and...
Bitcoin funds see $400 million outflows amid recession fears
Key Takeaways Digital asset investment products saw $528 million in outflows, the first decline in 4 weeks. Ethereum products faced...
Bitcoin tumbles, tests $49,000, amid major crypto selloff
Bitcoin briefly tests $49k before rebounding to $51k amid a $270 billion crypto market selloff. Concerns over the US recession...
Paraguay’s Power Chief: No Cryptocurrency Mining Company Has Left Yet
Felix Sosa, president of the National Power Administration of Paraguay (ANDE), has disregarded reports indicating that a mass exodus of...
Where Kamala Harris’ Potential VP Picks Stand on Bitcoin and Crypto
In brief Kamala Harris’ choice of running mate could indicate how she plans to govern if elected, and leading contenders...
OKX Founder Raises Red Flags
Star Xu, the founder of the major crypto exchange OKX, raises alarms about the frequent sell-offs of newly listed altcoins....
Pan-African Tech Firm Cassava Technologies Launches AI Unit
Africa-focused technology and data services firm Cassava Technologies has created a separate business unit to oversee its artificial intelligence (AI)...
Coinzoom Operations Suspended in Ohio Following Regulatory Examination
The Ohio Department of Commerce has ordered crypto exchange Coinzoom to cease operations in the state effective Aug. 1 following...
Morgan Stanley’s 15,000 Financial Advisors Can Start Pitching Bitcoin ETFs to Clients Next Week: Report
Morgan Stanley is set to offer spot bitcoin exchange-traded funds (ETFs) to select clients through its 15,000 financial advisors starting...
MicroStrategy Selling $2 Billion in Shares for Bitcoin
MicroStrategy aims to sell up to $2 billion of its class A shares to invest in Bitcoin and for other...
Trump speech at Bitcoin 2024 triggers $24M in long liquidations amid market volatility
Trump speaking at Bitcoin 2024. Source: Bitcoin Magazine Livestream. Key Takeaways Trump's speech at Bitcoin 2024 led to a sharp...
Historic Drop in Bitcoin Revenue Leaves Miners Struggling
After peaking at 677 exahash per second (EH/s) on July 25, Bitcoin’s network hashrate declined to 629 EH/s as of...
Study: Surge in Popularity of Liquid Restaking Token Protocols Driven by Growing User Trust
The surge in the total value locked and adoption of liquid restaking tokens increased from approximately $164.3 million in January...
This is Why Bitcoin Could See Less Selling Pressure From Miners: CryptoQuant
Bitcoin (BTC) could be seeing less selling pressure from miners in the near term due to an increase in the...
US Senators Flooded With 2,200 Letters Advocating Bitcoin as Strategic Reserve
U.S. senators received over 2,200 letters within 48 hours advocating for Senator Cynthia Lummis’ bill to make bitcoin a strategic...
Grayscale’s ETHE Hemorrhages $2 Billion in Just 9 Trading Days
On Friday, U.S. spot ethereum exchange-traded funds (ETFs) faced $54.27 million in outflows, a stark contrast to Thursday’s net inflow...
Ethereum ETF launch propels crypto fund inflows to record $20.5 billion
Key Takeaways New Ethereum ETFs attracted $2.2bn in inflows, while Grayscale's trust saw $1.5bn in outflows. Digital asset investment products...
Bitcoin Mining Squeeze: July Revenue Hits Lowest Monthly Intake of the Year
In July, bitcoin miners earned $951.11 million, marking the lowest monthly revenue of the year. Out of this total, $24.9...
