bitcoin

BlackRock’s IBIT has now surpassed Grayscale’s GBTC to become the nation’s largest spot Bitcoin ETF. This change occurred after a substantial inflow of $102 million into BlackRock’s ETF on Tuesday, propelling its bitcoin holdings to nearly…

Standard Chartered recently released a research report suggesting that the rising risk of U.S. fiscal dominance and the Federal Reserve’s monetization of government debt could bolster cryptocurrencies. The bank posits that as the government…

Bitcoin miners have recently found a silver lining in terms of revenue. Despite facing a significant reduction in block rewards due to the fourth Bitcoin halving event—which slashed rewards by 50%—miners are witnessing a notable upturn in…

Last week, the Bitcoin network experienced a halving event, leading to an initial surge in transaction fees. However, recent data from Mempool.space indicates a sharp decline in these costs. Currently, low-priority Bitcoin transactions cost…

El Salvador profits $85M from Bitcoin, showcasing President Bukele’s successful crypto strategy amid a price rally. El Salvador Bitcoin investment strategy, championed by President Nayib Bukele, has propelled the country into an $85…

Bitcoin hits a new high; millionaire wallet growth lags amid cautious investor sentiment and surging miner profits. Bitcoin, the leading cryptocurrency, has recently outperformed its previous highest price point, reaching a remarkable…

Thailand’s financial watchdog has revamped regulations, now green-lighting U.S.-based spot Bitcoin exchange-traded funds (ETFs) for the nation’s professional investors. Reports from the Bangkok Post unveil that the Securities and Exchange…

The U.S. Securities and Exchange Commission (SEC) has pushed back its decision on authorizing options for spot Bitcoin Exchange-Traded Funds (ETFs). This follows the approval of Bitcoin-backed funds by nine issuers, notably leaving out…

Hut 8, a leading entity in the Bitcoin mining industry, has made a significant move by shutting down its operations at the Drumheller location in Alberta, Canada. The announcement came on March 6, citing relentless issues with power supply…

Cathie Wood‘s Ark Invest has made significant portfolio adjustments. The firm sold Coinbase shares worth nearly $31 million. This move coincided with Bitcoin’s price surge, approaching a record high of $69,000 on March 4. Ark Invest…