The company sold 685 bitcoin for $43 million, cutting its holdings to 275 BTC, citing liquidity needs to fund its Michigan data centre expansion and
Category: Bitcoin
Bitcoin and Ethereum ETFs Turn Red Amid Mixed Net Flows
Bitcoin and Ethereum exchange-traded funds (ETFs) faced net outflows in recent trading days, with Bitcoin ETFs recording significantly larger withdrawals than their Ethereum counterparts. Bitcoin
Will Bitcoin End August Bearish?
Bitcoin could confirm an August bear-market bottom, though rising Treasury yields could force the Fed to raise rates in September, according to 10x Research. According
American Bitcoin Reports Record-Qtr Bitcoin Production, Revenue Growth Amid Net Loss
Q2 saw American Bitcoin, a Nasdaq-listed mining company co-founded by Eric Trump and Donald Trump Jr., report record production of 932 Bitcoin. This contributed to
SEC Cancels Crypto Rules Meeting After Senate Recess
The US Securities and Exchange Commission (SEC) canceled an open meeting scheduled for Friday regarding new cryptocurrency rules due to a “scheduling issue” after the
Policy: Clarity Act Survives (For Now)
The Digital Asset Market Clarity Act, aimed at regulating digital assets, failed to pass during the Senate’s August recess but will likely be reconsidered when
Boltz Suspends Swap After Repeated AI-Driven Attacks
August 3 Boltz, a Bitcoin swap service that uses non-custodial design to protect customer funds, has suspended its operations after experiencing increased and sophisticated attacks
MUFG Explores Onchain Japanese Government Bond Repo Transactions
Four MUFG companies, including Mitsubishi UFJ Morgan Stanley Securities, Mitsubishi UFJ Trust and Banking, and MUFG Bank, are planning to conduct Japanese government bond repo
Bitcoin Elite Wallets Reach Six-Month High
Bitcoin’s elite wallets have rebounded to levels not seen in six months with 90 wallets now holding at least 10,000 BTC, according to analytics firm