Cryptocurrency

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 […]

U.S. technology companies are pursuing energy assets held by bitcoin miners as they race to secure a shrinking supply of electricity for their rapidly expanding artificial intelligence and cloud computing data centers. Those data centers are driving the fastest U.S. power demand growth since the start of the millennium, outpacing grid expansions and leaving giant technology companies, like Amazon (AMZN.O), opens new […]

Bitcoin {{BTC}} tumbled below $62,000 during U.S. morning trading Tuesday as the crypto market halted its bounce from early August lows. The largest crypto fell to as low as $61,500, now down more than 5% since its swift rally to $65,000 following Federal Reserve Chair Jerome Powell’s dovish speech at Jackson Hole on Friday. It’s […]

Billionaire Michael Saylor famously pioneered large-scale corporate purchases of bitcoin (BTC), using borrowed money to turn his publicly traded software developer MicroStrategy (MSTR) into one of the world’s largest holders of the cryptocurrency. Now, another company – a surprising one – is following a similar strategy. It’s a bitcoin miner, a company that can theoretically snag […]

Toncoin (TON) has trimmed some of its losses as the blockchain restarted after a nearly five-hour downtime. Though the downtime was partially blamed on the popularity of the DOGS airdrop, part of the Ton Foundation’s way to raise awareness of what it believes is the unjust arrest of Pavel Durov, it wasn’t a ‘dog day afternoon’ for the protocol’s native […]

In a bid to block a regulatory order to close its Finger Lakes power plant used for bitcoin mining, Greenidge Generation LLC has filed suit against the state Department of Environmental Conservation. The DEC gave the company an early September deadline to shut down the Greenidge Generating Station in the town of Torrey, Yates County, […]

Bitcoin’s price is struggling to maintain bullish momentum despite moving above $62,000 for the first time in August. However, one analyst believes BTC is approaching a potential breakout that will result in six-figure prices. “Steepest kind of ascent” awaits Bitcoin in Q4 Gert van Lagen, an independent technical analyst, appears confident that the current price […]

The population of crypto millionaires in the world soared 95% over the past year, as bitcoin ETFs and other crypto assets climbed, according to a new report. There are now 172,300 individuals worldwide holding over $1 million in crypto assets, up from 88,200 last year, according to a report from New World Wealth and Henley […]