Bitcoin

Bitcoin Miners May Boost Profits by $13.9B Annually With AI

Bitcoin miners have a chance to significantly boost their profitability by reallocating some of their energy capacity towards the growing sectors of artificial intelligence...

Marathon Digital Expands Bitcoin to 25,000 BTC

Marathon Digital, a leading Bitcoin mining company, has expanded its Bitcoin holdings by purchasing an additional $249 million worth of the cryptocurrency. This latest...

45% of Bitcoin Supply Remains Unmoved for Six Months

A significant portion of Bitcoin holders, often referred to as "hodlers," have kept their coins untouched for the past six months, regardless of market...

Bitcoin Slips Below $59K as Institutional Stablecoin Purchases Stall

Bitcoin's price has dropped below the $59,000 mark after institutional investors paused their stablecoin accumulation, a move that previously supported the cryptocurrency's recovery. On...

Bitcoin Miners Face Lowest Daily Revenue in 2024

Bitcoin miners recorded their lowest daily revenue of the year, with earnings dropping to $2.54 million on August 11. This marked a significant decline...

Former SEC Official Warns Morgan Stanley’s Bitcoin ETF Push

Morgan Stanley, the largest wealth manager in the U.S., is facing warnings from a former Securities and Exchange Commission (SEC) official over its decision...

Bitcoin Power Law Under Fire: Experts Clash Over Its Validity

The Bitcoin power law, a mathematical model that predicts the continued growth of Bitcoin's price, has ignited a fierce debate. Critics argue that the...

Bitcoin Reclaims $62K, Signals Possible Bullish Reversal

Bitcoin has surged past the $62,000 mark for the first time since August 3, leaving futures traders scrambling to adjust their positions. Bullish Patterns Emerge On...

Bitcoin Whale Transactions Surge Amid Crypto Market Dip

Bitcoin whale transactions reached their highest levels in four months during the crypto market downturn on August 5 and 6, according to on-chain data...

Bitcoin Volatility Hits 20-Month High

Volatility Index Reaches Record High Amid Uncertainty Bitcoin's volatility surged to its highest level in 20 months, as the cryptocurrency dipped below $50,000. This spike...

Capula Reveals $500 Million Investment in Bitcoin ETFs

Capula Management, Europe's fourth-largest hedge fund, recently disclosed a substantial investment in Bitcoin ETFs. According to a filing with the U.S. Securities and Exchange...

US Bitcoin and Ethereum ETFs Hit $6 Billion in Volume

On August 5, the United States saw a significant spike in trading volumes for Bitcoin and Ethereum ETFs, reaching nearly $6 billion as cryptocurrency...