BTC

May 14, 2024

Bitcoin hash rate dips as miners turn off unprofitable ASICs post-halving

The hash rate of Bitcoin witnessed a decline as mining firms began shutting down unprofitable mining rigs following the fourth Bitcoin halving.   On May 10, […]
May 13, 2024

El Salvador launches $360M Bitcoin treasury monitoring website

El Salvador has launched a proof-of-reserves website to provide transparency regarding its Bitcoin holdings, offering various tools for monitoring using on-chain data.   The online Bitcoin […]

Bitcoin whale wallets move $61M in BTC after a decade of dormancy

Two Bitcoin wallets, dormant for a decade, recently sprung to life, transferring a combined 1,000 Bitcoin valued at $61 million at current prices.   Unprecedented Activity […]
May 11, 2024

JPMorgan reports holding shares of several spot Bitcoin ETFs

United States-based financial institution JPMorgan Chase has disclosed investments in Bitcoin exchange-traded funds (ETFs) offered by Grayscale, ProShares, Bitwise, BlackRock, and Fidelity.   Details of Holdings: […]
May 10, 2024

Jack Dorsey says Bitcoin will be worth ‘at least a million’ by 2030

Twitter co-founder Jack Dorsey has expressed a bullish outlook on the long-term price trajectory of Bitcoin, suggesting that its value could soar to at least $1 […]

Marathon Digital misses Q1 estimates on bad weather, utility failures

Bitcoin miner Marathon Digital faced a revenue shortfall in its first quarter 2024 results, attributing it to adverse weather conditions and equipment failures. Despite a significant […]
May 09, 2024

Core Scientific sees revenue surge in 1Q24 after emerging from bankruptcy

Core Scientific, a prominent Bitcoin mining firm, has showcased robust financial results for the first quarter following its emergence from bankruptcy. During this period, the company […]
May 07, 2024

Bitcoin miner Marathon Digital to join S&P SmallCap 600, shares jump 18%

Marathon Digital, recognized as the world’s largest Bitcoin (BTC) miner by market cap, experienced an 18% surge in its shares following confirmation of its inclusion in […]

Bitcoin ‘as strong as ever’ with record high 200-day moving average

Bitcoin’s 200-Day Moving Average Hits Record High The Bitcoin 200-day moving average has reached an all-time high of $50,178, marking a significant milestone in predicting long-term […]

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