Nayib Bukele, the President of El Salvador, who has continued to push forward with bitcoin policies in his country, announced that he aims to profit from the potential DOJ sales of bitcoin seized as part of the Silk Road market takedown. El Salvador Hints at Purchasing Silk Road-Seized Bitcoin, Presses Ahead With New BTC Acquisitions […]
Gain insights into investor sentiment on Bitcoin mining stocks through institutional ownership trends. Institutions favored hybrid miners with major HPC/AI deals: $ CORZ, $ WULF, $ IREN, and $ HUT recorded the largest increases in institutional ownership. Institutional Investment Shifts in Bitcoin Mining: Major Players and Emerging Trends in 2024 The …
On Thursday, bitcoin, the leading cryptocurrency, descended to an intraday low of $ 91,215, reflecting a decline exceeding 3% against the U.S. dollar. The collective valuation of the crypto economy contracted by 2.5% in the past 24 hours, settling at $ 3.22 trillion. Bitcoin Battles to Stay Afloat as Market Faces South Korean …
It’s not clear if all derivative assets that require bitcoin as collateral are fully backed as many assume. Is the Bitcoin Derivative Asset Market Built on a House of Cards? Some bitcoin (BTC) derivatives that claim to be fully backed by the cryptocurrency could be on shaky ground, according to a blog post by Bitcoin […]
A look at Bitdeer’s operational update revealed a drop in its mining output in Dec. 2024, although its bitcoin holding remains healthy. Bitdeer Repays $ 10 Million Principal Balance on Senior Notes Despite Drop in BTC Production Bitdeer’s latest mining and operational update showed that its self-mining output in Dec. 2024 was 145 BTC, …