U.S.-based sports betting platform DraftKings has reached a settlement with the National Football League Players Association (NFLPA) over allegations of unpaid royalties for using NFL player likenesses in non-fungible tokens (NFTs). In a joint letter filed on January 27, DraftKings…
Bitcoin mining difficulty reached 110.45T after eight consecutive positive adjustments. Rising difficulty pushes miners to innovate with AI and alternative revenue strategies. Bitcoin’s hashrate remains strong at 775 EH/s, signaling resilience despite growing challenges. Bitcoin mining difficulty has soared to…
The US Senate has voted to confirm crypto advocate and billionaire hedge fund manager Scott Bessent as the Treasury Secretary. The vote ended with the majority of 68 in favor, confirming that Bessent will formally be joining Trump’s cabinet. Scott…
It's the 12th consecutive week the company has purchased bitcoin. Updated Jan 27, 2025, 5:37 p.m. UTCPublished Jan 27, 2025, 12:18 p.m. UTC What to know: MicroStrategy bought another 10,107 bitcoin. The firm announced a preferred stock offering to continue its bitcoin…
As bitcoin’s valuation experiences a notable upswing, miners are deriving substantial financial advantages from an elevated hashprice—the metric denoting daily revenue earned per petahash per second (PH/s) of computational power devoted to the Bitcoin network. BTC Mining Revenues Soar as…
Tuttle Capital Management has filed applications for ten cryptocurrency-based leveraged exchange-traded funds (ETFs), including funds tied to popular meme coins. Analysts suggest the filings are part of a broader strategy to test the boundaries of a Securities and Exchange Commission…