Chinese Miners Short BTC Markets to Hedge Against Falling Prices

The price of bitcoin core (BTC) has dropped considerably over the past few months, significantly affecting individuals and organizations that mine the cryptocurrency. According to recent reports, many miners...

Bitcoin Miner Says Photo voltaic Power Cuts Mining Prices By 75%

Market situations and electrical energy prices have considerably lowered cryptocurrency mining profitability. Because of this, huge and small-scale cryptocurrency miners are compelled to show to renewable power to cut...

Crypto Euphoria: Digital Asset Funds Sees $2.4 Billion Inflows

CoinShares, a crypto asset management firm, has recently reported that there has been a notable surge in weekly inflows into crypto asset investment products, reaching a record high of...

Fund Providers Insist There’s Enough Market Liquidity for a Bitcoin ETF

For years, bitcoin exchange traded funds (ETFs) have been struggling to get off the ground and receive approval from the U.S. Securities and Exchange Commission (SEC). Passive fund providers are...

Regulated Bitcoin ETPs Skyrocket, Coinshares Cites ‘Unprecedented Interest from Institutional Investors’

The Sweden-based XBT provider Coinshares saw roughly $202 million in XBT certificates swap hands on the market’s first day of trading in 2021. Meanwhile, on the same day, the...

Report: Bitcoin Mining Doesn’t Fuel Climate Change, It Benefits the Global Economy

The majority of bitcoin miners — about 78 percent — use renewable energy to power their mining operations, while preventing surplus electricity from going to waste in countries such...

Elon Musk’s ‘50% Clean Energy’ Bitcoin Mining Goal Will Be Complicated To Verify

On Sunday, Tesla’s CEO Elon Musk tweeted that when there’s “confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla will resume allowing Bitcoin transactions.”...

How Have Bitcoin Futures Performed One Year On?

This time last year, the market was abuzz with excitement as CBOE’s XBT futures contracts and CME Group’s bitcoin derivatives products launched for the first time. There is no...

Cryptocurrencies Fund Inflows Skyrocket To $1.76 Billion, Fear/Greed Index At Pinnacle

In the world of digital assets, 2023 has seen a noticeable comeback for cryptocurrencies like Ethereum and Bitcoin. This rebound has not only signaled a turnaround but has also...
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