Cleanspark, a publicly-listed bitcoin mining company, recently shared in its 10-Q report that it has acquired 26,000 units of Bitmain’s S21 XP immersion-cooled bitcoin mining machines. These types of cutting-edge immersion miners, known for their quieter operation and impressive hashrate performance, are gaining traction in the industry. Cleanspark to Acquire Next-Gen Immersion-Cooled Mining Rigs From …
Continue reading “Cleanspark Secures 26,000 Bitmain Immersion Miners in $167.7M Deal”
The Internet Computer Protocol (ICP) has integrated threshold-Schnorr signatures and onchain Bitcoin block headers as part of its Deuterium milestone. This development aims to expand the utility of Bitcoin within the decentralized economy, allowing for new applications previously hindered by Bitcoin’s lack of native smart contract support. ICP Introduces Threshold-Schnorr Signatures to Boost Bitcoin Compatibility …
Dogecoin (DOGE) is on the move, climbing 3% in the past 24 hours, and 7% in the past week, once again catching the eye of traders. But according to one top analyst, this recent rise might just be the start of an extended rally. Dogecoin Leaps After Rejecting Key $0.10 Level Dogecoin has had a …
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U.S.-based spot bitcoin and ethereum exchange-traded funds (ETFs) both enjoyed a lift on Monday, with ETH ETFs pulling in $4.93 million while BTC ETFs attracted $27.87 million during the day’s trading. Crypto ETFs Make a Positive Comeback On Aug. 12, 2024, both spot bitcoin (BTC) and ethereum (ETH) ETFs experienced inflows, marking a shift from …
Continue reading “Crypto ETF Market Sees Turnaround: Bitcoin and Ethereum Funds Net Inflows”
Indian crypto exchange Wazirx says it is close to completing the reversal of trades after the $230 million cyberattack. “We’re working with legal experts to help us formulate an effective method for enabling withdrawals,” the exchange stated. Additionally, Wazirx revealed that its bounty program has attracted 344 bounty hunters to help recover the stolen funds. …
Continue reading “Wazirx Update: Trade Reversals Near Completion, 344 Bounty Entries Received”
The Institute of Chartered Accountants in England and Wales (ICAEW) has partnered with the United Arab Emirates (UAE) Banks Federation to help businesses understand and adapt to the digital asset landscape. The partnership aims to support the UAE’s position as a global leader in digital finance. However, challenges such as the lack of standardized accounting …
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Veteran macro investor Luke Gromen warns holders of US Treasuries that their investments will likely turn out to be unprofitable. In a new interview with Nicole Shanahan, Robert F. Kennedy Jr.’s vice presidential running mate, Gromen says the United States’ lack of domestic manufacturing capacity is becoming a threat to national security. “We might have …
Tether chief executive Paolo Ardoino thinks geopolitical tensions and macroeconomic trends are going to increase the importance of scarce assets like Bitcoin (BTC) and gold. Ardoino says in a new interview with investor and venture capitalist Preston Pysh that he doesn’t think the globe is headed towards “a nicer period for humanity,” citing bubbling geopolitical issues …
Cardano (ADA) founder Charles Hoskinson is issuing a warning to the crypto industry as the 2024 US presidential election enters the final three months. Hoskinson says on the social media platform X that the administration of President Joe Biden and Vice President Kamala Harris continues to wage war on the crypto industry. According to the …
TLDR Grayscale Ethereum Trust (ETHE) posted its first day of zero outflows since conversion to spot ETF Ethereum and layer-2 networks saw increased activity recently ETH ETFs saw $5.0 million inflow, while Bitcoin ETFs had $27.8 million inflow on August 12 Overall, Ethereum ETFs have $401.4 million in total outflows since launch Digital asset investment …
Available exclusively via VIX 101: The fear index that’s shaping the market Andjela Radmilac · 1 day ago CryptoSlate’s latest market report dives deep into the VIX to explain its significance, historical context, recent trends, and implications for the crypto industry. Go to Source
Quick Take Bitcoin ETFs have garnered significant attention in 2024, amassing over $17 billion in net inflows. Senior Bloomberg ETF analyst Eric Balchunas suggests that without the success of Bitcoin ETFs, the digital assets’s price would hover around $20,000 instead of the current $60,000. He argues that ETF activity has been a key driver in …
Pro-Bitcoin Democrat House Representative and lawyer Ro Khanna expects the Biden administration to release a crypto regulation roadmap “in the coming weeks” following recent discussions between the White House and the industry leaders. In an Aug. 12 post on social media platform X, Khanna stated: “I’m hopeful that as a consequence of these meetings, the …
Available exclusively via VIX 101: The fear index that’s shaping the market Andjela Radmilac · 1 day ago CryptoSlate’s latest market report dives deep into the VIX to explain its significance, historical context, recent trends, and implications for the crypto industry. Go to Source
Blockchain firm Verofax has teamed up with climate tech startup Netgreen to enhance global reforestation efforts. The partnership aims to create a transparent and efficient way for individuals to support tree-planting initiatives. This collaboration will also help track and measure carbon capture, preventing double counting and ensuring compliance with environmental standards. Linking People to Verified …
