Bitcoin

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Bitcoin Network Adjusts to Lower Fees and Reduced Hashrate After Latest Halving

Based on the three-day simple moving average, Bitcoin’s hashrate has continued its downward trend, registering at about 550 exahash per second (EH/s). Following the...

Bitcoin Miner Cleanspark’s Net Income Tops $126.7 Million in ‘Record-Breaking’ Quarter

In the first quarter of 2024, Cleanspark, a U.S. bitcoin mining company listed on the stock market, reported revenues exceeding $111.8 million. The company’s...

Wells Fargo Holds Spot Bitcoin ETFs, Reveals SEC Filing of Grayscale Shares

Wells Fargo, a major US banking entity, is now storing a spot bitcoin ETF for its customers, as revealed in a new SEC filing,...

Senate Urged to Swiftly Overturn SEC’s ‘Misguided’ Crypto Rules

Following the U.S. House of Representatives passing a resolution to overturn the SEC’s Staff Accounting Bulletin 121 (SAB 121), Senator Cynthia Lummis has urged...

Lightning Labs CTO Conducts First Mainnet Multi-Hop Asset Payment via Taproot Asset Channels

Olaoluwa Osuntokun, co-founder and CTO of Lightning Labs, recently executed the first successful mainnet multi-hop asset payment using Taproot Asset channels, marking a new...

GBTC’s Heavy Withdrawals Result in Net $11.3M Outflow in US Bitcoin ETFs

The U.S. spot bitcoin exchange-traded funds (ETFs) witnessed an outflow of $11.3 million during Thursday’s trading sessions, following an inflow of $11.5 million on...

Private Jet Charter Service Candy Jets Now Accepts Bitcoin Payments

Candy Jets, a premier private jet charter service, has partnered with CoinCorner, a prominent Bitcoin services provider, to accept payments in Bitcoin for their luxury...

Bitcoin Advocate Says ASIC Devices’ Inflexibility Makes AI Involvement Unlikely for Bitcoin Miners

According to Joe Downie, the chief marketing officer at Nicehash, bitcoin miners struggling to stay afloat after the halving are unlikely to support or...

Jack Dorsey Forecasts Bitcoin to Reach $1 Million by 2030

Twitter co-founder Jack Dorsey predicts that the price of Bitcoin could hit at least $1 million by 2030, suggesting its value may grow even...
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