Bitcoin Hashrate Records New ATH Surpassing 740 EH/s
The Bitcoin network hash rate reached a new all-time high on September 3rd, surpassing 740 exahashes per second (EH/s). This comes even as Bitcoin prices trade below $60,000. A higher…
BlackRock’s Bitcoin ETF Saw Outflow For the First Time Since May
BlackRock’s spot Bitcoin exchange-traded fund (ETF), the iShares Bitcoin Trust, experienced an outflow of $13.5 million on Thursday. This was IBIT’s first outflow since May 1st. Thursday’s outflow was the…
Australian Spot Bitcoin ETF Keeps on Buying
Australia’s two spot Bitcoin ETFs—the VanEck Bitcoin ETF and Monochrome’s IBTC—have steadily accumulated Bitcoin holdings since launching earlier this year. The sustained inflows highlight growing Bitcoin demand in the region.…
Leading Bitcoin Miner GDA Plans Mining Expansion to 400 MV Leveraging Renewables
Genesis Digital Assets (GDA), one of the world’s largest Bitcoin mining companies, has announced plans to expand its recently launched Texas data centre to 400 megawatts. The ambitious phase two…
Bitwise Brings The Bitcoin Ethos To Wall Street
Company Name: Bitwise Asset Management Founders: Hong Kim and Hunter Horsley Date Founded: December 2016 Location of Headquarters: San Francisco, CA and New York, NY Amount of Bitcoin Held in…
Bitcoin ETFs Saw the Largest Outflow in Over Three Weeks
U.S. spot Bitcoin exchange-traded funds (ETFs) recorded $127 million in net outflows on Tuesday, marking the largest single-day withdrawal since Aug. 6. The outflow ended an eight-day streak of positive…
Hilbert Group Partners with Xapo Bank to Launch $200 Million Bitcoin Hedge Fund
Hilbert Capital, a division of Hilbert Group AB, has entered into a significant partnership with Xapo Bank to manage a new Bitcoin hedge fund, according to a press release sent…
4,500 Companies Now Pay Their Employees in Bitcoin Using Bitwage
As Bitwage celebrated its 10-year anniversary today, the company highlighted its growth in enabling Bitcoin and crypto payroll solutions. Since 2014, Bitwage has focused on bringing transparency and efficiency to…
US Bitcoin ETFs Saw the Sixth Consecutive Day of Inflows
US spot Bitcoin exchange-traded funds recorded their sixth straight day of net inflows on August 23rd, totalling around $65 million. The sustained run of positive flows highlights the growing institutional…
Tim Draper Invests in Ark Labs to Make Bitcoin Payments Easier
Bitcoin scaling proposal Ark is getting closer to reality. After a year of research focused on refining the reference implementation, Ark Labs announced today the completion of a $2.5 million…