More

    Bitcoin

    Bitcoin Miner Riot Platforms Smart Energy Strategy Yields $31 Million in Savings

    Prominent Bitcoin (BTC) mining firm Riot Platforms has reported significant cost savings and operational achievements due to an innovative energy strategy that saved the firm around $31 million in August alone.

    Bitcoin ETF Approval: The SEC’s Regulatory Opportunity

    Approving a spot Bitcoin (BTC) exchange-traded fund (ETF) is an opportunity for the US Securities and Exchange Commission (SEC) to “bring crypto into line,” a Bloomberg editorial piece has argued.

    Bitcoin Miners Consider Hedging Options for Revenue Stability

    Bitcoin (BTC) miners are considering hedging options to protect their revenue stability amidst the volatility of the cryptocurrency market. 

    Grayscale Urges SEC to Greenlight Spot Bitcoin ETF ‘As Quickly As Possible’

    Crypto asset manager Grayscale’s legal team has sent a letter to the US Securities Exchange Commission (SEC) asking the agency to move ahead with its proposed Spot Bitcoin BTF and meet its staff as soon as practical. 

    Crypto Exchange Bitfinex Diversifies, Adds Bitcoin to Balance Sheet

    Bitfinex, one of the oldest crypto exchanges still operating today, reportedly holds Bitcoin (BTC) on its balance sheet.

    On-Chain Data: Short-Term Bitcoin Holders Face Losses Amid Price Decline – Here’s the Latest

    The Short-Term Holder Spent Output Profit Ratio (STH-SOPR) for Bitcoin (BTC) has decreased from 1 to 0.9809, indicating less favorable conditions for short-term Bitcoin holders due to recent price declines.

    Cambridge University’s Bitcoin Mining Index Gets an Upgrade for Precise Power Consumption Analysis – Here’s the Latest

    The Bitcoin Electricity Consumption Index (CBECI), developed by researchers at Cambridge University’s Centre for Alternative Finance (CCAF), has been upgraded to reveal new information about Bitcoin mining’s global energy consumption.

    Spot Bitcoin ETF – Is Gary Gensler the Putin of Finance? This Top Lawyer Thinks So, BlackRock and Fidelity Approvals Closer Now

    The Spot Bitcoin ETF delay leads one prominent New York corporate regulatory lawyer, and a Special Professor of Law at Hofstra Law School, to say, “Gary Gensler reminds me a little bit of Putin” in his attitude to crypto.

    JPMorgan Anticipates SEC Approval of Spot Bitcoin ETFs After Grayscale’s Victory

    The US Securities and Exchange Commission (SEC) will likely be forced to approve multiple spot Bitcoin (BTC) exchange-traded fund (ETF) applications following the recent Grayscale victory. 

    No Internet, No Problem: This New Crypto Startup Brings Bitcoin to Local Mesh Networks

    In a world increasingly reliant on internet connectivity, a Florida-based startup is breaking new ground by enabling Bitcoin (BTC) Lightning Network transactions even when there's no access to the web.

    Oprah and The Rock Accept Bitcoin Donations For Maui Fire Victims – Here’s the Latest

    The People’s Fund of Maui, a charity organization rolled out by celebrities Oprah Winfrey and Dwayne “The Rock” Johnson to aid victims of wildfires in Maui accepts Bitcoin (BTC) and other cryptocurrencies.

    Bitcoin’s Decline Continues for Second Month Despite Grayscale Ruling

    The price of Bitcoin (BTC) ended down for the second consecutive month yesterday, despite bullish news that a spot Bitcoin exchange-traded fund (ETF) could be coming soon.

    US Bitcoiner Moves to El Salvador in Anticipation of ‘Bitcoin City’

    El Salvador’s Bitcoin City has reportedly attracted its first international “resident,” with an American bitcoiner moving to the area where the city is being constructed.

    6 Bitcoin ETF Applications Delayed So Far, BlackRock Rumored to Be Next—Fidelity, WisdomTree, Valkyrie, VanEck, Bitwise, Invesco

    Today, the U.S. Securities and Exchange Commission (SEC) announced delays in its decisions regarding Bitcoin ETF applications from six companies out of seven—Fidelity, WisdomTree, Valkyrie, VanEck, Bitwise, and Invesco. 

    On-Chain Data: The Amount Of Bitcoin on Centralized Exchanges Plunges to 2 Million – What’s Going On?

    Bitcoin (BTC) holdings in centralized digital asset exchanges have plunged 4% to 2 million signaling both positive and market-worsening concerns.

    Pro-Bitcoin Presidential Candidate Vivek Ramaswamy Praises Grayscale’s Victory for Bitcoin and Blockchain Innovation in the US

    Vivek Ramaswamy, a Republican Presidential candidate, commended Grayscale's recent legal victory against the federal securities regulator, stating that the decision would play a role in retaining Bitcoin and blockchain innovation within the United States rather than abroad.