Cryptocurrency

Call it a diabolical new twist on an old scam: ATM fraudsters are turning to bitcoin. Data the Federal Trade Commission provided to NBC News show the amount of money consumers have reported losing to scams involving Bitcoin ATMS rose nearly tenfold since 2020, topping $110 million in 2023. And older people are getting roped […]

Rhodium Encore LLC, a bankrupt bitcoin mining company, has received court approval for a unique debtor-in-possession financing plan that allows borrowing in either U.S. dollars or bitcoin. Galaxy Digital Holdings Ltd., a blockchain firm led by Mike Novogratz, has offered to provide Rhodium with a loan of either $30 million in dollars or 500 bitcoin. […]

A new peer-reviewed scientific paper, titled An integrated landfill gas-to-energy and Bitcoin mining framework, appearing in the Aug. 29 edition of the Journal of Cleaner Production, demonstrated how Bitcoin mining could reduce methane emissions. The research paper detailed how Bitcoin miners are uniquely positioned to leverage “Landfill Gas to Energy” (LFGTE) systems that capture and convert methane gas from […]

As bitcoin continues to trade in a range-bound fashion this summer, analysts are looking ahead to a volatile end to 2024. Roundtable anchor Rob Nelson recently discussed price targets with experts, including George Tung, host of CryptosRUs. George confidently stated that there’s “a really good shot” Bitcoin could break $100,000 by year’s end. Gav Blaxberg, […]

Bitcoin has repeatedly failed to close above the $62,000 level since Aug. 3 and is currently down 11% over the past 30 days. More notably, the cryptocurrency has decoupled from the S&P 500 index, which is up 1% in the same period and only 1% below its all-time high. Bitcoin price in USD (right) vs. […]

Another solo Bitcoin miner has just hit the Bitcoin mining jackpot, successfully processing a Bitcoin block against all odds and netting themselves a payday of just under $200,000. The miner processed block number 858,978 at 4:21 pm UTC, according to data from the Bitcoin block explorer Mempool.space. The block contained 2,391 transactions, and the miner received […]

Nayib Bukele, El Salvador’s pro-Bitcoin (BTC) president, said his plan to make the country a hotbed for the largest and oldest cryptocurrency has been “net positive” but adoption has fallen short of his expectations. “Bitcoin hasn’t had the widespread adoption we hoped for,” Bukele said in an interview with TIME Magazine. “I feel that it could have worked better, […]

Dell Technologies doesn’t look like it ended up putting any Bitcoin on its balance sheet in the second quarter of the year, despite the CEO’s recent cryptic crypto-themed posts. In the Aug. 29 filing, the company revealed strong earnings based on growing AI demand, though it did not mention Bitcoin in its earnings call or results filing. Source: Michael […]

TeraWulf, the world’s sixth-largest Bitcoin mining firm, is set to launch a new Bitcoin mining facility at the end of September, along with a potential partnership with a Magnificent Seven company. The new Bitcoin mining facility is set to go live at the beginning of September, according to Nazar Khan, co-founder and chief operating officer […]

MicroStrategy (MSTR) continues its aggressive investment in bitcoin (BTC-USD), regardless of market highs or lows, with executive chairman Michael Saylor telling Yahoo Finance, “we’re buying all the time.” Defiance ETFs CEO & CIO Sylvia Jablonski joins Catalysts to share her outlook on MicroStrategy’s stock moving forward. Jablonski highlights the company’s continued profitability, noting that Saylor is […]