Asher Genoot, CEO of Hut 8, one of North America’s largest bitcoin miners, emphasized the company’s commitment to empowering next-generation technologies with its dual focus on bitcoin and AI. As bitcoin trades above $100,000 again amidst surging institutional interest, Asher…
Travis Ford, co-founder and head trader of Wolf Capital, has pleaded guilty to charges of wire fraud conspiracy after orchestrating a scheme that defrauded investors out of $9.4 million. The U.S. Department of Justice (DOJ) announced the plea on January…
Bitcoin’s price was $94,372 on Jan. 11, 2025, with a market cap of $1.86 trillion. Daily trading volume reached $52.92 billion, with intraday fluctuations between $92,275 and $95,798. The daily chart illustrates a prevailing bearish tone after a sharp retreat…
Bitcoin miner manufacturer Canaan has introduced the Avalon Mini 3 and Nano 3S, rigs that mine crypto while also doubling as home heaters. Canaan, a tech company known for its ASIC chip design and development, is taking another shot at…
MicroStrategy Incorporated (Nasdaq: MSTR), a business intelligence software company, has continued its active Bitcoin acquisition strategy, acquiring 1,070 BTC for $101 million at $94,004 per bitcoin. In a filing the firm states it has achieved BTC yield of 48.0% in…
Kenya’s Treasury Cabinet Secretary John Mbadi has said the country is preparing legislation to legalize cryptocurrencies, a shift from the government’s previous warnings against the industry. “The emergence and growth of Virtual Assets (VAs) and Virtual Asset Service Providers (VASPs)…
Non-fungible token (NFT) sales climbed 10.7% over the past week, amassing $155.6 million in sales within a seven-day window. According to data from cryptoslam.io, while overall NFT sales increased, the number of buyers dropped by a staggering 85.1% compared to…
The 2024 bitcoin mining industry reached historic milestones while grappling with significant obstacles, according to an extensive report sponsored by Nicehash and authored by Digital Mining Solutions and Bitcoinminingstock.io. The comprehensive study sheds light on unprecedented network expansion, advancements in…
JAN3, the team behind the popular Bitcoin wallet AQUA, has raised $5 million in seed funding to enhance the development of its Bitcoin-focused superapp. The funding round, announced on January 3, coinciding with Bitcoin’s Genesis Block anniversary, was led by…
Three Russian nationals tied to operating sanctioned crypto mixing services Blender.io and Sinbad.io have been charged with money laundering by a federal grand jury in Georgia, the U.S. Department of Justice said in a statement on Friday. Roman Vitalyevich Ostapenko…