Bitcoin

Biden Halts CleanSpark’s $19M Bitcoin Mining Deal

CleanSpark (CLSK), an American bitcoin mining company, found itself entangled in the U.S.-China political tensions after acquiring mining sites in Wyoming, near a U.S....

Bitwise CIO Matt Hougan Celebrates Success of Bitcoin ETFs

Bitwise Chief Investment Officer Matt Hougan has lauded the success of spot Bitcoin ETFs, following the latest 13F filings. These filings disclosed the substantial...

Vanguard New CEO Salim Ramji Plans No Spot Bitcoin ETF

Salim Ramji, newly appointed CEO of Vanguard and former leader of BlackRock’s global ETF business, has reaffirmed the company's stance against launching a spot...

Millennium Management’s $2 Billion Foray into Bitcoin ETFs

During the initial quarter of the fiscal year, Millennium Management, led by noted Wall Street figure Israel Englander, made a significant foray into the...

Bitcoin’s Recent Surge to $66K Driven by Inflation Data

Bitcoin recently saw a significant price surge, reaching over $66,000, fueled by encouraging inflation data from the United States and keen market observation of...

El Salvador Mines 474 Bitcoins Using Volcanic Energy

Since 2021, El Salvador has successfully mined approximately 474 bitcoins using a geothermal power plant driven by volcanic energy, as revealed by official sources...

El Salvador Ups Transparency with Bitcoin Reserve Monitoring Portal

El Salvador recently launched a groundbreaking proof-of-reserves website, providing real-time insights into the country’s Bitcoin holdings through on-chain data analysis. The new online platform...

Hong Kong’s Bitcoin and Ether ETFs Experience Major Setbacks

In a striking financial reversal, Hong Kong's Bitcoin and Ether exchange-traded funds (ETFs) faced a severe blow on Monday, May 13, with a record...

North Korean Hackers Target Crypto Firms with ‘Durian’ Malware

North Korean state-backed hackers are using a new malware variant called "Durian" to attack South Korean cryptocurrency firms. The hacking group known as Kimsuky...

Mysterious Bitcoin Whale Wallets Reactivate After Ten Years

Two long-dormant Bitcoin wallets have reactivated, transferring a total of 1,000 Bitcoins, now valued at $61 million. These wallets, which had been inactive since...

Bitcoin’s Hashrate and Onchain Fees See Decline Post-Halving

The Bitcoin network is experiencing a substantial decrease in hashrate, showing a 19.7% drop from last month's peak. The three-day simple moving average (SMA)...

JPMorgan Chase Enters Bitcoin Market with ETF Investments

JPMorgan Chase, the largest bank in the U.S., has taken a significant step into the cryptocurrency market by investing in spot Bitcoin ETFs. This...