Category: Bitcoin
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Haruko Integrates Stacks to Deliver Institutional Asset Management on Bitcoin L2
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Bitcoin’s growing layer 2 ecosystem has gained a boost with the integration of Stacks into institutional digital asset provider Haruko’s framework. The move will make it easier for institutions to learn about Bitcoin assets and DeFi products, which can be traded at a scalable L2 level in Stacks. Heaps It…
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Bitcoin Miner Core Scientific Partners With AI Firm, Forecasts $3.5 Billion in Revenue
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Core Scientific, a major player in the digital infrastructure industry in North America, announced a strategic partnership that includes a series of long-term contracts spanning 12 years with CoreWeave, an AI hyperscaler company. Under the agreement, Core Scientific will supply approximately 200 MW of infrastructure to support CoreWeave’s high-performance computing…
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Why Joe Biden Hates Bitcoin
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Over the past four years, President Joe Biden has shown a clear reluctance to support the bitcoin and cryptocurrency industry, as evidenced most recently by his vetoes of important legislation and his administration’s broader stance. On May 31, Biden vetoed a pivotal bill that would have allowed highly trusted financial…
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Bitcoin Price In June Eyeing $80,000 Milestone As Open Interest For Bitcoin In June Reaches 19B
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The cryptocurrency market has been full of excitement as Bitcoin (BTC) continues to push the limits of its price performance. After breaching the $70,000 mark, traders and analysts are now eagerly anticipating the possibility of Bitcoin price in June 2024 reaching the highly coveted $80,000 level. This renewed bullish momentum…
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Bitcoin ETFs see inflows despite crypto market fluctuation
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U.S. Bitcoin (BTC) exchange-traded funds (ETFs) saw an inflow of $131 million on June 7, marking 19 consecutive days of positive inflows. This happened even as the ARK 21Shares Bitcoin ETF (ARKB) saw net outflows totaling 1,364 worth about $96.84 million, leaving its total holdings at 48,939 BTC, or $3.47…
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Bitcoin ETFs see inflows despite crypto market fluctuation
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U.S. Bitcoin (BTC) exchange-traded funds (ETFs) saw an inflow of $131 million on June 7, marking 19 consecutive days of positive inflows. This happened even as the ARK 21Shares Bitcoin ETF (ARKB) saw net outflows totaling 1,364 worth about $96.84 million, leaving its total holdings at 48,939 BTC, or $3.47…
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Is It Time To Buy Bitcoin And Altcoins? Crypto Millionaire Arthur Hayes Has The Answers
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Arthur Hayesa cryptocurrency millionaire and co-founder of cryptocurrency exchange BitMEX, encouraged cryptocurrency investors to… Go long on Bitcoin And other promising alternative currencies in the market. He encouraged investors to prepare for the imminent rise of Bitcoin this season. Arthur Hayes: Buy Bitcoin and Altcoins at recent days Blog post…
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Why Donald Trump Loves Bitcoin
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President Donald Trump has made a calculated pivot to embrace Bitcoin and cryptocurrencies, sensing a strategic advantage against incumbent President Joe Biden in the 2024 election. While Biden has shown hostility toward Bitcoin, Trump is directly appealing to the growing pro-Bitcoin voter bloc. In recent months, Trump has begun accepting…
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Proof-Of-Stake On Bitcoin? Discussing Botanix’s Spiderchains
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In a recent interview with Bitcoin Magazine, Shinobi sat down with Willem Schroé of Botanix Labs to discuss the progress and vision behind Spiderchains, an innovative scaling solution that will soon be released to the public. Despite the wave of interest surrounding other layered solutions like BitVM and blockchains, the…
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Proof-Of-Stake On Bitcoin? Discussing Botanix’s Spiderchains
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In a recent interview with Bitcoin Magazine, Shinobi sat down with Willem Schroé of Botanix Labs to discuss the progress and vision behind Spiderchains, an innovative scaling solution that will soon be released to the public. Despite the wave of interest surrounding other layered solutions like BitVM and blockchains, the…
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GameStop Should Buy Bitcoin Says Scaramucci, RoaringKitty Streams For the First Time in years
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GameStop and its stock price have been a talking point for many traditional cryptocurrency-focused finance communities over the past few days — and not without reason. The price of GME saw huge swings this week, rising 130% and falling 55% shortly after. Many financial experts have shared opinions, one of…
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VC Lists 2 Reasons Why Bitcoin Is Still Trending Below $100,000
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Bitcoin traders are optimistic, confident that the bulls have more legs to push prices above the all-time high of $72,000. While the excitement about what lies ahead is primarily due to the mass influx into Bitcoin exchange-traded funds (ETFs), Capriole Investments founder Charles Edwards has singled out multiple factors that…
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VC Lists 2 Reasons Why Bitcoin Is Still Trending Below $100,000
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Bitcoin traders are optimistic, confident that the bulls have more legs to push prices above the all-time high of $72,000. While the excitement about what lies ahead is primarily due to the mass influx into Bitcoin exchange-traded funds (ETFs), Capriole Investments founder Charles Edwards has singled out multiple factors that…
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Stablecoin Giant USDT (Tether) Solidifies Foothold In Bitcoin Mining With 25% Stake In Bitdeer
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In an exciting development, the issuer of the stablecoin USDT, pregnancy, made a strategic investment by acquiring a significant 25% stake in prominent Bitcoin mining company, Bitdeer. The move, as confirmed by a recent SEC filing, places Tether as Bitdeer’s second-largest shareholder, after Victory Courage Ltd., a company linked to…
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Semler Scientific To Raise $150M To Buy More Bitcoin
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Medical device manufacturer Semler Scientific (NASDAQ: SMLR) Announce It acquired an additional 247 BTC for $17 million in cash, bringing its total holdings to 828 BTC. The company also plans to raise $150 million to expand its Bitcoin reserves. JUST IN: Black Rock Spot #Bitcoin ETF IBIT received $347.1 million…
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Will ECB Rate Cut Fuel Bitcoin Rally?
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Bitcoin prices are set to rise following the European Central Bank’s (ECB) decision to initiate its first decision Reducing the interest rate In five years yesterday. A unanimous vote by all 20 national representatives resulted in a 0.25% cut in interest rates, marking a major shift in monetary policy for…
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Bitcoin to Hit $150,000 if Trump Wins Presidency, Predicts Standard Chartered
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In a bold prediction, Jeff Kendrick, head of digital assets research at Standard Chartered Bank, said this is what… And he expected Bitcoin may rise to $150,000 if Donald Trump wins the upcoming US presidential elections. “As we approach the US elections, I expect to reach $100,000 and then $150,000…
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Bitcoin to Hit $150,000 if Trump Wins Presidency, Predicts Standard Chartered
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In a bold prediction, Jeff Kendrick, head of digital assets research at Standard Chartered Bank, said this is what… And he expected Bitcoin may rise to $150,000 if Donald Trump wins the upcoming US presidential elections. “As we approach the US elections, I expect to reach $100,000 and then $150,000…
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Oslo Freedom Forum Witnesses Global Momentum For Bitcoin And Activism
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On Wednesday, socially minded Bitcoin supporters from Kenya to Canada to Russia gathered for the last day of 2024. Oslo Freedom Forum As part of the Financial Freedom Pathway event to offer their insights on how Bitcoin can be a tool for those who need it most around the world.…