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💰 Greenpeace's Anti-Bitcoin "Mining for Power" Report Receives Fierce Backlash on X“Mining for Power,” an anti-Bitcoin r...
03/22/2024

💰 Greenpeace's Anti-Bitcoin "Mining for Power" Report Receives Fierce Backlash on X

“Mining for Power,” an anti-Bitcoin report by Greenpeace USA that explains the links between the bitcoin mining industry and fossil fuel companies, has faced a backlash in social media due to its inaccurate portraits of the mining activity. Using community notes, social network users detailed the report contained “many factual errors,” including outdated information.

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💰 MicroStrategy now holds over 1% of bitcoin's total supply after latest purchaseMichael Saylor's MicroStrategy acquired...
03/20/2024

💰 MicroStrategy now holds over 1% of bitcoin's total supply after latest purchase

Michael Saylor's MicroStrategy acquired 9,245 more bitcoins for $623 million in cash, increasing its total bitcoin holdings to 214,246 BTC. With this latest purchase, the company now holds over 1% of the total bitcoin supply, comprising 21 million coins. MicroStrategy's latest acquisition took place between Mar. 11 and Mar. 18 at an average price of $67,382 per bitcoin, including fees and expenses, the business software company said Tuesday.

🇸🇻 El Salvador Has More Bitcoin Than Public Estimates With Multiple BTC Revenue Sources, President Bukele IndicatesPresi...
03/13/2024

🇸🇻 El Salvador Has More Bitcoin Than Public Estimates With Multiple BTC Revenue Sources, President Bukele Indicates

President Nayib Bukele of El Salvador has indicated that his country’s bitcoin holdings may exceed public estimates. He revealed that El Salvador has been generating bitcoin-related revenue from various sources in addition to the capital gains from bitcoin purchased since its legalization as a legal tender in the country.
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🇺🇸 Biden’s 2025 budget targets crypto tax loopholes, expands digital asset oversightThe Biden administration released it...
03/12/2024

🇺🇸 Biden’s 2025 budget targets crypto tax loopholes, expands digital asset oversight

The Biden administration released its proposed budget for 2025 on March 11, which includes provisions to implement a series of regulatory measures targeting digital assets. The proposed rules are expected to generate nearly $10 billion in additional tax revenue by 2025.

Bitcoin Is Now 8th Asset by Market Cap 🔥💰
03/12/2024

Bitcoin Is Now 8th Asset by Market Cap 🔥💰

💰 Bitcoin holders rejoice as value breaks unprecedented $71,000 milestone marking new ATHBitcoin’s price is trading abov...
03/11/2024

💰 Bitcoin holders rejoice as value breaks unprecedented $71,000 milestone marking new ATH

Bitcoin’s price is trading above $71,000 for the first time in its history after increasing by more than 2% during the past day. Over the weekend, Bitcoin largely hovered around the $68,000 mark. However, during the early Asian trading hours today, it surpassed the $70,000 threshold and quickly surged to above $71,500. This rapid ascent places all Bitcoin holders in profit, according to IntoTheBlock data. BTC was trading at $71,551 as of press time, according to CryptoSlate’s data.

💰 Bitcoin transaction volume skyrockets as the halving approaches and miners cash inBitcoin finally broke above its for...
03/10/2024

💰 Bitcoin transaction volume skyrockets as the halving approaches and miners cash in

Bitcoin finally broke above its former all-time high price this past week, breaching $69,000 before mildly retreating. The run-up in price has led transaction volume to skyrocket on the network, and miners are cashing in on the increased activity. According to data from The Block, the seven-day moving average of transaction volume on the Bitcoin network has reached its highest level since September 2022, 18 months ago.

💰 Spot bitcoin ETF holdings on track to surpass GBTC todayThe nine recently approved spot bitcoin exchange-traded funds ...
03/09/2024

💰 Spot bitcoin ETF holdings on track to surpass GBTC today

The nine recently approved spot bitcoin exchange-traded funds in the United States are on track to surpass the Grayscale Bitcoin Trust's holdings today. According to K33 Research senior analyst Vetle Lunde, GBTC held 400,186 bitcoins as of yesterday, while the "newborn nine" U.S. spot bitcoin ETFs held 397,847 coins. They also noted that yesterday's net inflow was 6,965 bitcoins. If this continues, they will outgrow GBTC.

💰 Bitcoin sees violent volatility after hitting new ATH second time in a weekBitcoin hit a new all-time high for the sec...
03/09/2024

💰 Bitcoin sees violent volatility after hitting new ATH second time in a week

Bitcoin hit a new all-time high for the second time this week and once again experienced a violent sell-off that erased its gains and stirred memories of past volatilities in the crypto space. However, the jubilation was short-lived as a wave of sell pressure engulfed the market, driving the price down by more than 3% to a low of $66,500 in less than an hour. The wider crypto market experienced similar volatility.

💰 Arizona Senate To Add Bitcoin ETFs to Retirement PortfolioThe Arizona State Senate has approved a resolution to explor...
03/09/2024

💰 Arizona Senate To Add Bitcoin ETFs to Retirement Portfolio

The Arizona State Senate has approved a resolution to explore the inclusion of Bitcoin ETFs in the Arizona State Pension. This resolution will prompt state pension fund managers and treasuries to assess the potential of incorporating Bitcoin ETFs. With state pension funds in the USA collectively managing over $5.5 trillion in assets, a significant portion of which are dealing with funding deficits, this action is perceived as a strategic move to bolster portfolio diversification and mitigate investment risks.

Top Gainers in January 2024 🔥Discover the best performing projects of the month.
02/03/2024

Top Gainers in January 2024 🔥

Discover the best performing projects of the month.

By energizing 2,100 additional miners and ending our underclocking of existing miners, we expect to add 250 PH/s, increa...
05/16/2023

By energizing 2,100 additional miners and ending our underclocking of existing miners, we expect to add 250 PH/s, increasing our total hashrate to 5 EH/s.

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