Cryptocurrency

Bitcoin miners are currently going through a difficult period following the halving of rewards. To stay afloat, some are exploring alternative solutions, including developing AI data centers. This strategic pivot could transform the bitcoin mining industry and offer unprecedented opportunities. Let’s dive into this new trend and see how miners envision their future. The Challenge […]

While several nations have approved the listing of cryptocurrency-based exchange-traded funds, Singapore, a key financial hub in Asia, is apparently not ready. Singapore Exchange (SGX) CEO Loh Boon Chye said so in a conference hosted by Reuters on July 9, stating that SGX is currently not open to crypto listings. “The ecosystem, I feel, at […]

MicroStrategy, the largest corporate holder of bitcoin, announced a 10-for-1 stock split on Thursday. The company said the shares will be split into class A common stock and class B common stock “to make MicroStrategy’s stock more accessible to investors and employees.” The move comes amid a lull for the price of bitcoin, which has been […]

Over the course of nearly 20 hours, the German government has sold 9,736 BTC valued at $564.3 million. The government’s BTC wallet currently holds 13,110 BTC worth $767 million. German Government’s Swift Bitcoin Sales Could Soon Lead to Total Reserve Depletion At 1:16 p.m. EDT on July 9, Bitcoin.com News reported on Germany’s bitcoin transfers after the country moved more than $220 million worth of […]

Bitcoin (BTC) miners are attractive partners to help build artificial intelligence (AI) data centers, due to their available power supplies and operating capabilities, broker Bernstein said in a research report on Tuesday. Recent AI deals including Core Scientific’s (CORZ) 12-year agreement with CoreWeave and Coatue Management’s $150 million investment in Hut 8 (HUT) have become key catalysts for the sector, the […]

Bitcoin experiences the “deepest correction” in 24 months, impacting the short-term holders (STHs) with unrealized losses, according to onchain data from Glassnode. Data from Cointelegraph Markets Pro and TradingView reveals that in the latest drawdown, the price of Bitcoin dropped by more than 16.5% from a high of $63,801 on July 1 to set a swing low at $63,499 […]

Bitcoin (BTC) miner TeraWulf announced it has fully satisfied its debt obligations and plans to scale up its operations. On July 9, the firm said its final debt payment amounted to $77.5 million, including pre-payment fees and accrued interest. TeraWulf completed the repayment ahead of schedule and has no outstanding debt. Scaling up TeraWulf said the payment […]

Bitcoin has three months to go until the bull market resumes — but it can still see 300% gains by 2026. Those are some of the conclusions of fresh BTC price analysis from the pseudonymous engineer known as Apsk32. BTC price “acceleration” not due for at least three months In a post on X on July 9, […]

For weeks now, Germany’s government has been selling hundreds of millions of dollars worth of bitcoin — and it’s been a key factor behind the cryptocurrency’s intense sell-off. Last month, the German government began selling bitcoin from a wallet operated by the country’s Federal Criminal Police Office, referred to locally as the Bundeskriminalamt, or BKA. […]

Bitcoin (BTC) fell on Monday afternoon in Europe as the German government transferred over $900 million worth of assets from its bitcoin holdings, blockchain data shows. According to blockchain data platform Arkham Intelligence, Bitcoin wallets labeled as belonging to the German government moved a total of roughly 16,309 BTC in several batches to external addresses, including to crypto […]