Category: Bitcoin
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Bitcoin Miner CleanSpark (CLSK) Buys Out GRIID In $155 Million Stock Transaction
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CleanSpark (CLSK) — one of the largest publicly traded Bitcoin mining companies — announced Thursday that it has acquired one of its smaller rivals, GRIID Infrastructure, in an all-stock deal. The $155 million deal immediately brings 20 megawatts of additional power to CleanSpark to boost its mining operations, and another…
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Bitcoin Miner CleanSpark (CLSK) Buys Out GRIID In $155 Million Stock Transaction
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CleanSpark (CLSK) — one of the largest publicly traded Bitcoin mining companies — announced Thursday that it has acquired one of its smaller rivals, GRIID Infrastructure, in an all-stock deal. The $155 million deal immediately brings 20 megawatts of additional power to CleanSpark to boost its mining operations, and another…
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Bitcoin Season Two Proposals Facing Early Headwinds
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If you haven’t been around for a while, it’s hard to fully appreciate how quickly narratives in this industry can change, especially when you’re trying to catch up. Trends get old, memes get boring, and it’s fair to say that this year’s frenzy is currently feeling the pressure of Bitcoin’s…
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Bitcoin Season Two Proposals Facing Early Headwinds
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If you haven’t been around for a while, it’s hard to fully appreciate how quickly narratives in this industry can change, especially when you’re trying to catch up. Trends get old, memes get boring, and it’s fair to say that this year’s frenzy is currently feeling the pressure of Bitcoin’s…
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Exploring Bitcoin L2s: Possibilities Beyond Lightning
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Bitcoin’s secondary layers are often overlooked despite their undoubted ability to enhance Bitcoin’s potential for more advanced functionality. Much of the focus is directed at the Lightning Network and its ability to handle microtransactions at high speeds. However, Secondary layers (or Layer 2) can effectively interface with smart contracts, leverage…
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Exploring Bitcoin L2s: Possibilities Beyond Lightning
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Bitcoin’s secondary layers are often overlooked despite their undoubted ability to enhance Bitcoin’s potential for more advanced functionality. Much of the focus is directed at the Lightning Network and its ability to handle microtransactions at high speeds. However, Secondary layers (or Layer 2) can effectively interface with smart contracts, leverage…
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Why Is The Bitcoin Price Down Today?
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Bitcoin price fell again, after seeing some recovery on Wednesday due to a shift in net spot Bitcoin ETF flows. However, after just one day, the leading cryptocurrency appears to have resumed the downtrend and this post-recovery decline has started a worrying trend. So, what are the factors leading to…
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Why Is The Bitcoin Price Down Today?
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Bitcoin price fell again, after seeing some recovery on Wednesday due to a shift in net spot Bitcoin ETF flows. However, after just one day, the leading cryptocurrency appears to have resumed the downtrend and this post-recovery decline has started a worrying trend. So, what are the factors leading to…
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Hang Tight! Robert Kiyosaki Says Bitcoin Is Taking Off Into The Banana Zone
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In advice to his wide range of followers, Robert Kiyosaki, the famous financial guru and author, said, urge Investors should hang in as Bitcoin prepares for what he described as a trip into “banana territory.” This phrase refers to the sharp and sudden rise in the price of Bitcoin, which…
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Hang Tight! Robert Kiyosaki Says Bitcoin Is Taking Off Into The Banana Zone
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In advice to his wide range of followers, Robert Kiyosaki, the famous financial guru and author, said, urge Investors should hang in as Bitcoin prepares for what he described as a trip into “banana territory.” This phrase refers to the sharp and sudden rise in the price of Bitcoin, which…
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US Government Moves Millions in Bitcoin to Coinbase
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On June 26, the US government sent 3,940 bitcoins to Coinbase Prime, Coinbase’s institutional trading platform. Blockchain analytics company Arkham Intelligence Mark the deal. Just in: ?? US government sends 3,940 #Bitcoin Valued at $241 million to Coinbase ? pic.twitter.com/m14HpdeJ0s — Bitcoin Magazine (@BitcoinMagazine) June 26, 2024 The Bitcoin originally…
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German Government Moves Millions in Bitcoin to Exchanges
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The German government transferred millions of seized bitcoins to major bitcoin and cryptocurrency exchanges Kraken and Coinbase, according to blockchain analysis firm Arkham. The transfers originated from a wallet linked to the German Federal Criminal Police Office (BKA). In 2013, the BKA seized nearly 50,000 bitcoins from a movie piracy…
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German Government Moves Millions in Bitcoin to Exchanges
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The German government transferred millions of seized bitcoins to major bitcoin and cryptocurrency exchanges Kraken and Coinbase, according to blockchain analysis firm Arkham. The transfers originated from a wallet linked to the German Federal Criminal Police Office (BKA). In 2013, the BKA seized nearly 50,000 bitcoins from a movie piracy…
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U.S. moves $240m Silk Road Bitcoin to Coinbase
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Bitcoin fell 2% after the US government transferred 3,940 bitcoins seized from a Silk Road vendor. Bitcoin (BTC) has come under selling pressure after the US government transferred $240 million worth of cryptocurrencies to a Coinbase Prime address. Arkham Intelligence said the 3,940 BTC sent to Coinbase were originally seized…
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Somebody Sent Julian Assange $500,000 In Bitcoin
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Julian Assange’s Bitcoin wallet received $500,000 worth of Bitcoin from a mystery donor on Tuesday, on-chain data showed. The donation comes after the whistleblower was released from Belmarsh maximum security prison in the UK on Monday, after reaching a deal with US authorities after five years behind bars. Bitcoin brings…
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Palestinian Taxi Driver Uses Bitcoin To Save Civilians In Gaza
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Countless lives changed on October 7, 2023, and Youssef Mahmoud’s was no different. Even before the war, the Palestinian taxi driver could not bear the role of passive observer of unemployment and hunger, both of which are widespread in daily life in Gaza. In 2022 and early 2023, More than…
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Palestinian Taxi Driver Uses Bitcoin To Save Civilians In Gaza
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Countless lives changed on October 7, 2023, and Youssef Mahmoud’s was no different. Even before the war, the Palestinian taxi driver could not bear the role of passive observer of unemployment and hunger, both of which are widespread in daily life in Gaza. In 2022 and early 2023, More than…
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Bitcoin Recovery In Sight? Analyst Foresees BTC Revisiting $72,000 Soon
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Cryptocurrency expert and famous trader Javon Marks has made a bold move Climate prediction This goes against the current mood of the Bitcoin market, and the cryptocurrency asset is expected to make a significant return to the pivotal level of $72,000. These bullish predictions are made despite Bitcoin’s recent struggles,…
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Bitcoin Recovery In Sight? Analyst Foresees BTC Revisiting $72,000 Soon
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Cryptocurrency expert and famous trader Javon Marks has made a bold move Climate prediction This goes against the current mood of the Bitcoin market, and the cryptocurrency asset is expected to make a significant return to the pivotal level of $72,000. These bullish predictions are made despite Bitcoin’s recent struggles,…
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Anonymous Donor Pays $500,000 in Bitcoin for Julian Assange’s Freedom Flight
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An anonymous Bitcoin donor has paid more than $500,000 in bitcoin to cover WikiLeaks founder Julian Assange’s expenses on his return trip to Australia. Assange is now a free man after pleading guilty in a US court under a deal that ended his 14-year legal battle. just in: #Bitcoin Pioneer…