Hive Blockchain Purchases 6400 Bitcoin Miners to Achieve Capacity Goal
The initial tranche will see 500 pieces of equipment delivered within May and June. Then each month 900 pieces of equipment would be delivered over the course of the year. In a bid to reach an estimated hash rate of 1000 PH/s, HIVE Blockchain Technologies...
Here’s why this crypto bull run may be different
Is there any doubt that we are in the early stages of a crypto bull run? Pick a metric, any metric, and chances are it points to that.For example, the total value locked in DeFi has never been higher. Equally, the total crypto market...
Bullish? Grayscale bought $500 million worth of Bitcoin in a single day
Grayscale purchased half a billion dollars worth of Bitcoin in the last 24 hours, according to Qiao Wang, an investor at DeFi Alliance.The massive increase in Bitcoin inflows into Grayscale merely a week after they reopened their products to new investors is indicative of...
Trezor Warns Users of a Malicious App on Google Play
The malicious Trezor app has been downloaded over 1000 times and may have already caused some serious problems to unsuspecting users.Leading hardware wallet Trezor has warned its users of a malicious app that has been uploaded on the Google play store. Through a tweet...
CoinShares to Float Bitcoin-backed ETP on SIX Swiss Exchange
The ETP product is set to complement CoinShares’ strategy in pushing Bitcoin into the mainstream cycle of adoption.
CoinShares, the world’s first digital asset investor to launch a regulated Bitcoin investment fund and the world’s first bitcoin-based securities on a regulated exchange is set to...
Grayscale Pours Another $600M in Bitcoin (BTC), JPMorgan Backs Inflows
Grayscale Bitcoin Trust pockets another 16,000 Bitcoins in a single day taking its net asset under management above $23 billion. The recent BTC purchase was 18x more than what Bitcoin miners added to the supply.Just a day after Coinspeaker reported that Grayscale raised $700...
Bitcoin Long Now Ranks as Most Crowded Trade, Overtaking ‘Long Tech’
Per the survey, a record number of investors expected higher inflation over the course of this year. Bitcoin trading, particularly a long position in the first-ever digital currency now ranks as the most crowded trade initiated in January. As reported by Reuters, the claim made...
Data shows Bitcoin mining difficulty flat despite near 300% gains in price
Today sees the Bitcoin bulls mounting a fightback following the weekend slide. Although the leading cryptocurrency is up a relatively modest 3%, it’s still welcome news considering the pain of last week’s sell-off.Despite recent turbulence, Bitcoin’s macro performance has been nothing short of remarkable...
Wen DIGG? BadgerDAO’s Bitcoin rebasing token appears on chain
Badger DAO has been one of the most-talked-about DeFi protocols over the past few months.The yield-farming protocol kicked off with a bang at the start of December when it distributed free BADGER tokens to thousands of DeFi users. Many sold it, though others held...
Thread calling Bitcoin a “giant smoldering Chernobyl” goes viral on Twitter
As Bitcoin’s price has grown, so has its energy consumption. To keep the network secure, miners are incentivized to run nodes, and are paid in BTC.While there are many confused by Bitcoin mining as a concept, it is a massive industry, consuming the power of...
