Tagged: bitcoin

April 19, 2024 @ 1:08 pm By Omar Faridi  |  

Riot Platforms, Inc. (NASDAQ: RIOT), an industry enabler of  vertically integrated Bitcoin (BTC) mining, announced that it has successfully energized the substation at the Company’s Corsicana Facility. Jason Les, CEO of Riot said: “Two years ago, we purchased 265 acres of land in Navarro County,… Read More

April 19, 2024 @ 9:53 am By Omar Faridi  |  

The upcoming Bitcoin halving is expected to make a significant impact on cryptocurrency trading markets while a maturing digital assets ecosystem sees Ethereum (ETH) facing considerable competition from other smart contract platforms. A lot has changed since the BTC halving of 2020. In an environment… Read More

April 19, 2024 @ 9:12 am By Omar Faridi  |  

Marathon Digital Holdings, Inc. (NASDAQ:MARA), which claims to be one of the world’s largest publicly traded Bitcoin miners and a key player focused on supporting and securing the Bitcoin ecosystem, announced the appointment of Manoj Narender Madnani as Managing Director for the EMEA Region, where… Read More

April 18, 2024 @ 7:13 pm By Omar Faridi  |  

After a strong 2023 Q4, the total crypto market cap continued rallying by +64.5% in 2024 Q1, reaching a high of $2.9 trillion on March 13, 2024, the team at CoinGecko noted in a new research report. CoinGecko has explained that in absolute terms, “the… Read More

April 16, 2024 @ 6:13 pm By JD Alois  |  

Predictions about Bitcoin’s future price span the spectrum. The most recent bull run has fueled speculation that Bitcoin is poised to move even higher. The upward price expectations are due in part to the launch of regulated Bitcoin spot ETFs in the United States and… Read More

April 14, 2024 @ 6:36 pm By Omar Faridi  |  

Real Bedford Football Club (RBFC) owner Peter McCormack announced that Winklevoss Capital, the investment firm owned by Gemini founders Cameron and Tyler Winklevoss, has made a $4.5M bitcoin investment into the football club. The investment is the largest ever made “into a football club in… Read More

April 12, 2024 @ 9:27 am By Omar Faridi  |  

Binance Labs, the venture capital and incubation arm of Binance has invested in BounceBit, a Bitcoin restaking and CeDeFi protocol to expand the capabilities of Bitcoin beyond traditional storage of value. BounceBit transforms BTC from a passive asset into “a dynamic force within the ecosystem… Read More

April 11, 2024 @ 3:49 pm By Omar Faridi  |  

Following the approval of multiple spot Bitcoin ETFs and resulting rising Bitcoin prices, Norman Wooding, CEO of SCRYPT, has shared his perspective on the increased institutional demand for Bitcoin. Norman Wooding from SCRYPT, a Swiss-licensed company offering a range of crypto asset services, has commented… Read More

April 10, 2024 @ 9:07 am By Omar Faridi  |  

Uphold, the global web3 financial platform, announces bitcoin as the next asset that can be deposited into Vault – an assisted self-custody wallet that strips away the complexities in securing digital assets. Originally, Vault supported XRP, but this addition “transitions Vault into the early stages… Read More

April 9, 2024 @ 11:25 pm By Omar Faridi  |  

Bitcoin experienced a solid rally of 67.0% during the quarter, marking as one of its most impressive first quarters to date, the team at NYDIG noted in a new report. This surge was primarily fueled by “the overwhelming demand for the recently introduced spot bitcoin… Read More

April 8, 2024 @ 8:09 am By Omar Faridi  |  

Ripple CEO Brad Garlinghouse recently stated that he thinks the combined value of the crypto-assets market may double this year. As reported by CNBC, the Ripple Chief Executive has cited the approval of the US spot bitcoin (BTC) exchange-traded fund (ETFs) as well as the… Read More

April 7, 2024 @ 8:08 pm By Omar Faridi  |  

In the latest Coin Metrics State of the Network, the researchers take a data-driven look at the most important events that impacted the digital assets industry in Q1 2024. The demand and strength of inflows into bitcoin exchange-traded products “have been unprecedented, catching many by… Read More

April 6, 2024 @ 2:14 pm By Omar Faridi  |  

OKX Ventures, the investment arm of Web3 technology company OKX, is pleased to announce its participation in the seed funding round of UTXO Stack, a modular BTC Layer 2 blockchain launch platform. The seed funding round was reportedly co-led by ABCDE and SNZ, with OKX… Read More

April 4, 2024 @ 12:52 pm By Omar Faridi  |  

Goldman Sachs (NYSE:GS) clients are not really interested in crypto-assets, according to recent statements from the firm’s Chief Investment Officer. As reported by the WSJ, even following the considerable surge in prices of Bitcoin (BTC) and cryptocurrencies as well as the involvement from other TradFi… Read More

April 4, 2024 @ 10:28 am By JD Alois  |  

A new report states that digital asset trading hit an all-time high in March. According to information provided CCData, Spot and derivatives trading volume on centralised exchanges rose 92.9% to a new all-time high. The report shares that trading topped $9.12 trillion in March. The… Read More

April 3, 2024 @ 9:05 am By Omar Faridi  |  

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

April 2, 2024 @ 9:46 am By Omar Faridi  |  

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

March 29, 2024 @ 8:17 am By Omar Faridi  |  

Eaglebrook, a digital asset investment platform that provides registered investment advisors (RIAs) with direct access to bitcoin and other digital assets, announces the launch of the Franklin Templeton Digital Asset Dynamic BTC/ETH separately managed account (SMA) strategy. This strategy, which is specifically designed for RIAs… Read More

March 26, 2024 @ 4:44 pm By JD Alois  |  

Republicans on the House Financial Services Committee and the House Committee on Agriculture are demanding that the Securities and Exchange Commission (SEC) clarify whether Ether (ETH—Ethereum) is a security or something else. In recent years, the SEC has publicly stated ETH is not a security…. Read More

March 25, 2024 @ 8:53 am By Omar Faridi  |  

Nubit, the Bitcoin-native data availability layer, is announcing their collaboration with Babylon, which emerges as the native Bitcoin staking and timestamping protocol, “poised to unlock 21 million Bitcoin to secure the decentralized economy.” This collaboration marks a milestone in their journey “to scale and secure… Read More