Tagged: btc

Bitcoin Price Returned 3,230% Gains On Average within One Year After Each Halving – Report

On average, Bitcoin price returned 3,230% gains within one year after each halving, the team at CoinGecko noted in an extensive report. However, that is misleading moving forward, “considering Bitcoin’s novelty in its early years, lack of market maturity, and the case of diminishing returns.”… Read More

Bitcoin Futures Open Interest Reaches New High, BTC Mining Revenue Sets All-Time High – Report

Open interest for Bitcoin futures, as indicated by recent activity on centralized crypto exchanges, has recorded a new high, a trend that points to a boost in overall trading volumes across the largest cryptocurrency in terms of market cap and global adoption. CoinGlass data reveals… Read More

Bitcoin Mining Firm Marathon Digital Introduces Solution to Enhance Data Center Operations

Marathon Digital Holdings, Inc. (NASDAQ:MARA), one of the world’s largest publicly traded Bitcoin miners and a key player focused on supporting and securing the Bitcoin ecosystem, announced MARA 2PIC700, a two-phase immersion cooling system built to transform data center operations with power, density, and efficiency…. Read More

Marathon Digital Holdings to Acquire Another Bitcoin (BTC) Mining Data Center

Marathon Digital Holdings, Inc. (NASDAQ:MARA), which claims to be one of the largest publicly traded Bitcoin miners and a leader in supporting and securing the Bitcoin ecosystem, has entered into a definitive purchase agreement to acquire Applied Digital Corporation’s Bitcoin mining data center in Garden… Read More

Bitcoin Mining Firm Riot Acquires 31,500 BTC Miners from MicroBT to Enhance Operations at Rockdale Facility

Riot Platforms, Inc. (NASDAQ: RIOT), an industry enabler of vertically integrated Bitcoin (BTC) mining, announced that it has entered into a new purchase agreement with Shenzhen MicroBT Electronics Technology Co., LTD, “through its manufacturing subsidiaries, (MicroBT) a prominent manufacturer of Bitcoin miners.” Under the Agreement,… Read More

Bitcoin Mining Firm Riot Platforms, an Enabler of Vertically Integrated BTC Miners, Shares Latest Peformance Updates

Riot Platforms, Inc. (NASDAQ: RIOT), an industry enabler of vertically integrated Bitcoin (“BTC”) mining, reports financial results for the full year ended December 31, 2023. The audited financial statements are available on Riot’s website and here. Jason Les, CEO of Riot, said: “I am pleased… Read More

Marathon Digital Launches Slipstream, a Direct Bitcoin Transaction Submission Service

Marathon Digital Holdings, Inc. (NASDAQ:MARA), a firm focused on supporting and securing the Bitcoin ecosystem, has launched Slipstream, a direct Bitcoin transaction submission service designed to streamline confirmations of large or non-standard Bitcoin transactions. By default, Bitcoin nodes frequently “exclude large and non-standard transactions from… Read More

US Claims Over 80% of Spot Bitcoin ETF Market, Surpassing Canada – Report

The US has reportedly captured 83% of the Spot Bitcoin ETF market, overtaking Canada. This, according to an update from CoinGecko. Spot Bitcoin exchange-traded funds (ETFs) are “incorporated in 11 countries worldwide and traded in just 6 geographical markets,” the team at CoinGecko noted. CoinGecko… Read More

Bitcoin and Crypto Market Movements Align with Pre-Halving Rally, A Trend Observed in Previous BTC Cycles – Analysis

With Bitcoin (BTC), the flagship cryptocurrency, finally surging past the $52,000 mark at the time of writing, a pre-halving rally reminiscent of previous cycles seems to be unfolding. This is according to an update shared by the analysts at Bitfinex. To shed light on this… Read More

OKX Ventures Invests in Bitmap Tech to Support Growth of Bitcoin Ecosystem

OKX Ventures, the investment arm of leading crypto exchange and Web3 technology company OKX, is pleased to announce its investment partnership with Bitmap Tech, the team behind Merlin Chain, a native Bitcoin Layer 2. Bitmap Tech currently boasts an overall market cap “that exceeds US$500… Read More

Digital Assets Survey Reveals Bitcoin and Ethereum Have Most Compelling Growth Outlook

James Butterfill, Head Of Research at CoinShares, has shared the results of the latest digital asset fund manager survey. As noted in the update, 75% of all respondents believe Bitcoin and Ethereum have “the most compelling growth outlook.” As mentioned in the report, digital assets… Read More

Bitcoin Mining Focused Marathon Digital Announces Agreement with Affiliates of Hut8 Mining Corp.

Marathon Digital Holdings, Inc. (NASDAQ:MARA) , a key industry participant focused on supporting and securing the Bitcoin ecosystem, has entered into an agreement with affiliates of Hut8 Mining Corp. in order to remove Hut8 as the operator of two Bitcoin mining sites recently acquired by… Read More

OKX Ventures Invests in Stablecoin Protocol Focused on the Bitcoin (BTC) Ecosystem

OKX Ventures, the investment arm of crypto exchange and Web3 technology company OKX, announced that it has invested in bitSmiley, a stablecoin protocol in the Bitcoin ecosystem. bitSmiley is a company that “provides comprehensive Bitcoin DeFi solutions, aiming to fill the gap of stablecoins and… Read More

Crypto Analyst Examines Investment and Trading Strategies Related to Bitcoin and Altcoin Performance in Bull Markets

Dan Morehead, the Founder and Managing Partner of Pantera Capital, recently looked into whether altcoins can outperform Bitcoin during this bull cycle. Dan Morehead noted that this is a question they often hear from digital assets and blockchain industry participants. His colleagues Cosmo Jiang and… Read More

Digital Assets Market Poised for Mainstream Adoption, Anticipated Launch of a Spot ETF Stands as Milestone in Bitcoin’s History – Report

Kyle Waters and Tanay Ved from Coin Metrics noted that digital assets rebounded sharply in 2023 as market conditions “improved across the board and institutional interest accelerated alongside the impending launch of a spot Bitcoin ETF.” Looking to 2024, there are a number of important… Read More

Receipts Depositary Corporation Announces Bitcoin Depositary Receipts for Qualified Institutional Buyers

Receipts Depositary Corporation (RDC) announced the launch of the first ever Bitcoin depositary receipt (BTC DR). RDC expects to issue the first BTC DRs in transactions exempt “from registration under the Securities Act of 1933 to Qualified Institutional Buyers (QIBs) in the coming weeks. BTC… Read More

$100K Bitcoin (BTC) Price Target Not Far-Fetched Even Within Next Six Months, According to Analyst

Most Bitcoin rallies over the last decade share a theme, they “accelerate as they progress,” according to an update shared with CI. Trading.biz analyst Cory Mitchell notes that “Major rallies often start as a bowl shape, but then the price accelerates and the rally starts… Read More

Bitcoin Adoption: BRC-20 Token Standard Emerges as Key Contributor to Evolution of BTC Network and Ecosystem

Since its launch in March 2023, the BRC-20 token standard has swiftly garnered significant attention among investors and developers, “emerging as a key influencer in the evolution of the Bitcoin ecosystem,” according to an update from CertiK. CertiK has provided an initial overview of the… Read More

BTC Adoption: Blockstream Announces Series 2 Launch of Bitcoin denominated Investment Vehicle

Blockstream, the global firm focused on Bitcoin infrastructure technology, has  announced the upcoming Series 2 launch of its Bitcoin-denominated investment vehicle, the Blockstream ASIC (BASIC) Note. As stated in a blog post by Blockstream, here ar ethe Key Facts: Series 1 was oversubscribed, demonstrating strong… Read More

Financial Crime Report Reveals Bitcoin (BTC) Network’s Growing Role in Laundering of Stolen Crypto

The laundering of “ill-gotten” cryptocurrency exerts a multifaceted impact on global financial and security landscapes, “presenting challenges for businesses, governments, and individuals alike,” according to an update from CertiK. CertiK notes in a blog post that for businesses, particularly those operating within the fintech and… Read More

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