A new report from fintech and cryptocurrency research firm Rittenhouse Research cited Galaxy Digital's move from Bitcoin mining to artificial intelligence (AI) infrastructure as the primary reason for assigning the company a “strong buy” rating. Galaxy Digital's shift toward AI,…
The Bitcoin network hashrate increased by 2% during the first two weeks of May, reaching an average of 885 exahashes per second (EH/s), according to a research report from Wall Street bank JPMorgan (JPM) published on Friday. Hashrate represents the…
Canadian bitcoin mining company POW.RE Holdings Limited has announced its intention to acquire Swiss bitcoin liquidity protocol Block Green AG in a deal that includes shares, bitcoin and cash. POW.RE and Block Green Team Up to Integrate Mining and Financial…
Circle, the issuer of the world's second-largest stablecoin by market capitalization, USDC, has filed for an initial public offering (IPO) on the New York Stock Exchange (NYSE), RBC Crypto reports. The IPO will sell 24 million Class A shares, with…
When Mike Novogratz, CEO of Galaxy Digital (GLXY), acquired the Argos Helios data center in late 2022, in the midst of the post-FTX crypto slump, the company believed it was rescuing a desperate Bitcoin (BTC) miner that was on the…
On Saturday, at block height 897,120, Bitcoin mining difficulty increased by 2.13%, reaching 121.66 trillion and slightly increasing the computational load needed to find new blocks. Bitcoin Mining Difficulty Exceeds 121 Trillion Miners now face slightly higher odds of successfully…