Despite a market-wide price decline at the start of last week, the crypto market recovered as Bitcoin closed the week at $102,800. Bitcoin has now reached a new all-time high of $106,000. Meanwhile, US spot crypto ETFs continue to log…
Leading US publicly-listed Bitcoin (BTC) miners from Wall Street are strengthening their financial positions through significant capital raises as Bitcoin trades above $108,000. Industry heavyweights CleanSpark (NASDAQ: CLSK) and Bitfarms (NASDAQ: BITF) announced major financial moves to fuel their expansion…
Hut 8, a leading Bitcoin mining company in North America, has boosted its Bitcoin reserves to over $1 billion after acquiring 990 BTC for $100 million. Hut 8 Surpasses $1 Billion in Bitcoin Reserves. The acquisition was announced on December…
The 2024 bitcoin halving event sparked major changes in the mining scene, according to the latest “State of the Network” report by Coin Metrics and analyst Matías Andrade. Battle for Hashrate Dominance The April 2024 halving, which slashed block rewards…
The Digital Chamber is urging the United States Securities and Exchange Commission (SEC) to “reset” its relationship with the digital asset ahead of Donald Trump’s presidency following years of controversial crypto regulation under chair Gary Gensler, a December 18 statement…
The crypto mining sector witnessed significant economic improvements in December, with mining profitability reaching its highest levels in seven months. The hashprice, a key metric for daily profitability of the publicly listed Wall Street Bitcoin Miners, increased by 5% since…