Tagged: bitcoin

MicroStrategy Buys 18,300 Bitcoin, Company Now Holds 244,800 BTC

MicroStrategy (NASDAQ:MSTR) has acquired an additional 18,300 Bitcoin. The company now reports holding 244,800 BTC. MicroStrategy is reportedly the largest corporate holder of Bitcoin in the world. MicroStrategy CDEO Michael Saylor is on record predicting that in coming years, Bitcoin will soar to millions of… Read More

Bitcoin Mining Insights: Hash Price Considered a Key Metric BTC Miners Use to Measure Current, Potential Revenue

Konrad Fitzpatrick, a mining analyst at Compass Mining, notes that hash price is a critical metric that bitcoin miners use to measure their current and potential revenue. Compass Mining explains in a blog post that hash price is the “amount of bitcoin a miner can… Read More

Bitcoin Mining Firm MARA Holdings Releases Latest Business Update

MARA Holdings, Inc. (NASDAQ: MARA), which claims to be one of the world’s largest publicly traded bitcoin (BTC) miners and a leader in supporting and securing the Bitcoin ecosystem, recently released unaudited BTC production and miner installation updates for August 2024. Fred Thiel, MARA’s chairman… Read More

Anchorage Digital Announces Custody Support for Bitcoin L2 Stacks

Anchorage Digital, home to the only federally chartered digital asset bank in the US, has announced its custody support for Stacks, a Bitcoin Layer 2 solution. Stacks is the first Bitcoin L2 supported by Anchorage Digital, “marking a significant step for institutional involvement in the… Read More

NCR Atleos Launches LibertyX Bitcoin to Cash Feature

NCR Atleos Corporation (NYSE: NATL) announced the launch of a new LibertyX Bitcoin Cashout feature whereby enrolled LibertyX customers can sell Bitcoin, picking up their cash conveniently at ATMs across the United States at thousands of merchant locations with a transaction point within five miles… Read More

Bitcoin (BTC) Will Increasingly Be Adopted By Publicly-Listed Firms, Research Study Claims

  Bitcoin will be increasingly used as a reserve asset on the balance sheets of publicly listed companies underlining its growing acceptance as an asset class, according to new global research by London-based Nickel Digital Asset Management, Europe’s regulated and award-winning digital assets hedge fund… Read More

CME Group to Offer Bitcoin (BTC) Friday Futures Starting on Sept 30

CME Group said it will further expand its cryptocurrency derivatives offerings by introducing Bitcoin Friday futures (BFF) on September 30, pending regulatory review. Sized at one-fiftieth of one bitcoin, these new weekly futures contracts “will be cash-settled to the CME CF Bitcoin Reference Rate New… Read More

Bitso Releases Crypto Report focused on Latin America, Highlighting Evolution of Bitcoin and Cryptocurrency Adoption in Mexico

After a first semester of major events in the crypto world (Bitcoin halving , approval of ETH and BTC exchange-traded funds or ETFs, etc.), Bitso —the crypto-driven financial services company in Latin America— released the second edition of its report Crypto Panorama in Latin America:… Read More

Italy’s Banca Sella Is Providing Bitcoin Services via its Banking Platform

Italian Banca Sella now provides Bitcoin (BTC) trading. Established back in 1886, Banca Sella is one of the most well-known banking institutions in Italy. Its mobile banking platform, known as Hype, now also includes a Bitcoin trading service as it operates with more than 1.2… Read More

Coinshares Comments on 13F Filings and Bitcoin ETF Holdings

CoinShares Head of Research James Butterfill has shared some insight into institutional holdings of crypto ETFs – Bitcoin based funds. Butterfill has reviewed all of the all the Bitcoin ETF filing data and looked at prior filings in March to see how positions have changed…. Read More

NASDAQ Withdraws Proposal to Trade Bitcoin Options

The Securities and Exchange Commission has posted a Notice of Withdrawal of Proposed Rule Change to Amend ISE Options. Specifically, the NASDAQ has pulled its request to allow the exchange to list and trade options on units that represent interests in a trust that holds… Read More

Bitcoin Mining Report: Global Hash Rate Reached All-Time-High on July 23 As BTC Mining Difficulty Declined in Past Month

Compass Mining has shared the latest updates in a Bitcoin Mining Industry Report for the month of July 2024, focused on key operational developments. As noted in a blog post by Compass Mining, the Bitcoin price closed the month of July “at $64,619 increasing by… Read More

Bitcoin Sidechains: CertiK Shares Insights on Clarity Smart Contracts which Are Utilized By Stacks Chain

CertiK notes that during the past few months, their team has conducted extensive research on the Bitcoin ecosystem and its developments. CertiK also audited several Bitcoin projects and smart contracts based “on different languages, including OKX’s BRC-20 wallet and MVC DAO’s sCrypt smart contract implementation.”… Read More

Core Foundation, Contributors to Core, a Bitcoin-powered Blockchain Unlocking EMV-Compatible BTCfi, Partners with Copper

Copper.co, a provider of digital asset custody, collateral management and prime services, today announced it has entered into a partnership with the Core Foundation, contributors to Core, a Bitcoin-powered blockchain unlocking EMV-Compatible BTCfi beginning with the first ever implementation of Non-Custodial BTC Staking, Copper will… Read More

Bitcoin Mining Firm Marathon Digital Holdings Announces Proposed Private Offering of $250M of Convertible Senior Notes

Marathon Digital Holdings (NASDAQ: MARA) has announced that it intends to offer, subject to market conditions and other factors, $250 million aggregate principal amount of convertible senior notes due 2031 in a private offering “to persons reasonably believed to be qualified institutional buyers in reliance on… Read More

Bitcoin and Ethereum ETFs Mark Key Milestone in Landscape of Crypto Investment Sector According to Blockchain Industry Participants

The Securities and Exchange Commission’s (SEC) approval of spot Bitcoin exchange-traded funds (ETFs) on January 10, 2024, “marked a significant milestone in the landscape of crypto investment in the United States.” This, according to insights from Chainalysis. Bitcoin ETFs provide a scalable bridge “from traditional… Read More

Nexio Secures $2.2 Million in Pre-Seed Funding to Advance Bitcoin Scaling Technology

Bitcoin scaling solutions provider Nexio has raised $2.2 million in pre-seed funding from a diverse group of industry investors, according to an announcement. The pre-seed funding round was led by Lattice and included investments from HTX Ventures, Artichoke Capital, Morningstar Ventures, Sharding Capital, SNZ Holding,… Read More

Cerus Markets CEO Brescia Argues Against Bitcoin as a Treasury Asset

Bitcoin’s recent struggles speak against the notion of it being held as an asset by the United States Treasury, argues the co-founder and CEO of Cerus Markets, a cryptocurrency exchange. Michael Brescia made the comments as Bitcoin shed nearly 18% of its value in one… Read More

Digital Asset Trading Sees First Rise in Four Months: Report

In the month of July, crypto trading on spot and derivatives centralised exchanges rose 19.0% to $4.94 trillion, according to report distributed by CCData. This is said to be the first increase in four months. The rise in trading is being attributed to the new… Read More

The Bitcoin Act: Bill Introduced to Establish a Strategic Bitcoin Reserve in the US

Legislation has been introduced in the US Senate to establish a strategic Bitcoin reserve. Submitted by Senator Cynthia Lummis, well known for her support of digital assets, S.4912, the Bitcoin Act, officially entitled, Boosting Innovation, Technology and Competitiveness through Optimized Investment Nationwide (BITCOIN) Act was sent… Read More

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