Bitcoin

Bitcoin ETFs Reach $72 Billion in Holdings

As of late October, Bitcoin Exchange-Traded Funds (ETFs) have amassed more than 1 million BTC, valued at over $72 billion, underscoring the robust demand...

CleanSpark Moves Toward 400MW Bitcoin Mining Goal

CleanSpark, a U.S.-based Bitcoin mining firm, has finalized its acquisition of infrastructure company GRIID, bringing it closer to reaching its 400-megawatt (MW) mining capacity...

Florida CFO Pushes for Bitcoin in State Pension Funds

Florida's Chief Financial Officer Jimmy Patronis is advocating for Bitcoin investments within the state’s pension funds, urging the Florida State Board of Administration (SBA)...

Bitcoin Could Reach $200K Without USD Collapse, Says Bitwise Exec

Bitcoin could soar to a $200,000 valuation even if the U.S. dollar remains relatively strong, according to Bitwise's Chief Investment Officer, Matt Hougan. Hougan...

Bitcoin in Bullish Setup Ahead of U.S. Election, VanEck

Investment firm VanEck reports a “very bullish setup” for Bitcoin as the United States approaches the 2024 presidential election, with Bitcoin’s price already nearing...

Bitcoin Surges Past $70,000 as US ETF Inflows Reach New Highs

Bitcoin has soared past the $70,000 mark, hitting its highest level since June 10. This significant rise follows two strong weeks of investment inflows...

What’s Holding Bitcoin Back from Reaching $70,000?

Bitcoin's journey to the $70,000 mark faces hurdles, despite recent interest rate cuts sparking greater risk appetite among investors. The cryptocurrency’s ability to reach...

Microsoft Shareholders to Vote on Bitcoin Investment Proposal

Microsoft shareholders will decide in December whether the tech giant should formally explore investing in Bitcoin, according to a recent filing with the U.S....

Tesla Likely Still Holds $780M in Bitcoin Despite Major Transfers

Recent movements of Tesla’s Bitcoin holdings, which initially caused panic about a potential sell-off, appear to be routine transactions with the assets still under...

BlackRock’s Bitcoin ETF Sees $329M Inflows

Investors in BlackRock’s iShares Bitcoin Trust (IBIT) seized the opportunity to "buy the dip," pouring $329 million into the fund on October 21 after...

Former Mine Digital CEO Charged with $1.5M Bitcoin Fraud

The ex-CEO of the now-defunct Australian cryptocurrency exchange, Mine Digital, has been charged with fraud for allegedly stealing $1.47 million (2.2 million AUD) from...

Bitcoin Hashrate Reaches All-Time High

The Bitcoin hashrate has surged to a record high, reinforcing the security of the world’s largest blockchain. On October 21, the Bitcoin network’s hashrate—representing...