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9 Spot Bitcoin ETFs Break All-Time Daily Volume Record

9 Spot Bitcoin ETFs Break All-Time Daily Volume RecordNine recently launched spot bitcoin exchange-traded funds (ETFs) broke their all-time daily volume record on Monday as the price of bitcoin soared. “It’s official…the new nine bitcoin ETFs have broken all-time volume record today with $2.4b,” said a Bloomberg ETF analyst, noting that Blackrock’s Ishares Bitcoin Trust (IBIT) “went wild,” breaking its record by about […]

Coinbase faces new lawsuit over alleged investor deception

London Stock Exchange’s LCH SA to Clear Bitcoin Futures and Options on GFO-X Through New Service

London Stock Exchange’s LCH SA to Clear Bitcoin Futures and Options on GFO-X Through New ServiceOn April 13, 2023, the London Stock Exchange’s LCH division, a clearing house group serving major international exchanges and a wide range of over-the-counter (OTC) markets, announced its plans to offer clearing of bitcoin index futures and options contracts traded on GFO-X. Frank Soussan, the business lead at LCH Digital Asset Clear, stated during the […]

Coinbase faces new lawsuit over alleged investor deception

Cleanspark Purchases 45,000 Bitcoin Mining Devices, Adding 6.3 EH/s to Current Fleet

Cleanspark Purchases 45,000 Bitcoin Mining Devices, Adding 6.3 EH/s to Current FleetOn Tuesday, the bitcoin mining company Cleanspark announced that it had purchased 45,000 Antminer S19 XP bitcoin mining devices for a total price of $144.9 million. Cleanspark stated that the new fleet would add 6.3 exahash per second (EH/s) of computational power to the company’s current 6.7 EH/s. Cleanspark Acquires 45,000 Bitmain Antminers for $144.9 […]

Coinbase faces new lawsuit over alleged investor deception

Mawson Infrastructure Group Launches Bitcoin Mining Operation in Pennsylvania, Exits Australia

Mawson Infrastructure Group Launches Bitcoin Mining Operation in Pennsylvania, Exits AustraliaThe bitcoin mining operation, Mawson Infrastructure Group, Inc., announced that the firm has broken ground at a new site in Sharon, Pennsylvania. Reports detail that Mawson has delivered six modular production units capable of housing 3,528 application-specific integrated circuit (ASIC) bitcoin miners, or approximately 12 megawatts (MW) of capacity. The new Mawson site is capable […]

Coinbase faces new lawsuit over alleged investor deception

Bankrupt Celsius Aims to Raise $14.4 Million From Bitcoin Mining Rig Credits and Coupons

Bankrupt Celsius Aims to Raise .4 Million From Bitcoin Mining Rig Credits and CouponsDefunct cryptocurrency lender Celsius aims to secure more than $14 million from credits and coupons backed by Bitmain, according to an interim CEO Christopher Ferraro in a bankruptcy court filing dated Feb. 9, 2023. Ferraro stated in the filing that the “coupons currently provide no utility to the debtors’ mining business.” Celsius Interim CEO Outlines […]

Coinbase faces new lawsuit over alleged investor deception

Bitcoin’s Rising Correlation With Gold Indicates Investors See It as a Safe-Haven, Says Bank of America Market Strategists

Bitcoin’s Rising Correlation With Gold Indicates Investors See It as a Safe-Haven, Says Bank of America Market StrategistsAmid the economic uncertainty affecting a myriad of countries worldwide, Bank of America Securities market strategists explained in a note this week that the leading crypto asset bitcoin has been correlated with the well known precious metal gold. Bank of America analysts Alkesh Shah and Andrew Moss noted “that investors may view bitcoin as a […]

Coinbase faces new lawsuit over alleged investor deception

Historical Bitcoin Price Trends Are Traditionally Bearish in September, While BTC Market Revivals Follow in October

Historical Bitcoin Price Trends Are Traditionally Bearish in September, While BTC Market Revivals Follow in OctoberHalf of September has passed and bitcoin traders are curious about where the price is headed next, as September is traditionally a bearish month for crypto prices. Furthermore, October is known to be a bullish month as bitcoin has been profitable in October more than 77% of the time. Data shows the leading crypto asset’s […]

Coinbase faces new lawsuit over alleged investor deception

As BTC Slides Toward Resistance, the Chance of a Rare Triple Top Formation Comes Into Play

As BTC Slides Toward Resistance, the Chance of a Rare Triple Top Formation Comes Into PlayThe cryptocurrency economy has shed a lot of value during the last six months dropping 48.70% from $3.08 trillion to today’s $1.58 trillion. While crypto markets looks extremely bearish these days, a few crypto advocates have theorized the bear market will be less harsh this time around. Furthermore, there’s also the rare scenario that bitcoin’s […]

Coinbase faces new lawsuit over alleged investor deception

Bitcoin Price Smashes $61.7K High — Leading Crypto Asset Needs to Gain Over 5% to Reach ATH

Bitcoin Price Smashes .7K High — Leading Crypto Asset Needs to Gain Over 5% to Reach ATHThe price of bitcoin has continued to push toward higher prices as the leading crypto asset has tapped a high of $61,749 per unit on Friday. The crypto asset came awfully close (around 5.3% away) from tapping the all-time price high reached six months ago on April 14. Bitcoin’s Bull Market Rampage Continues Bitcoin (BTC) […]

Coinbase faces new lawsuit over alleged investor deception

October’s Historical Bitcoin Price Trend Extends Hope for a Renewed Bull Run to End the Year

October’s Historical Bitcoin Price Trend Extends Hope for a Renewed Bull Run to End the YearBitcoin logged price losses once again for the crypto asset’s fifth consecutive September in its lifetime, but as soon as the month ended, billions of dollars came back into the crypto economy. Metrics show that while September has consistently been a bad month for bitcoin, October, on the other hand, has traditionally been a good […]

Coinbase faces new lawsuit over alleged investor deception