Bitcoin mining difficulty has recorded its first decline in four months, marking the end of a streak that saw it rise eight consecutive times. According to data from Cloverpool, the mining difficulty fell 2.12% in its latest adjustment on January…
Grayscale Investments launched the Grayscale Bitcoin Miners exchange-traded fund (MNRS) on NYSE Arca on Thursday, providing investors with another way to gain exposure to Bitcoin mining firms. Introducing the Grayscale Bitcoin Miners ETF (ticker: $MNRS) ⛏ $MNRS offers investors targeted,…
The U.S. has added Sophgo Technologies, the AI chip firm owned by Bitmain co-founder Zhan Ketuan, to its trade blacklist. The U.S. has blacklisted Sophgo Technologies, the AI chip company founded by Bitmain co-founder Zhan Ketuan, over concerns its chips…
Liquidity in the cryptocurrency market has surged, with the total market capitalization of stablecoins recently surpassing $200 billion. This increase has historically preceded price rallies. When the liquidity impulse grows, a rally usually follows. USDT’s 30D market cap just turned…
Bitcoin (BTC) miners Bitdeer Technologies (BTDR), CleanSpark (CLSK) and Core Scientific (CORZ) were initiated with an outperform rating by KBW, the investment bank said in a report Monday. The three bitcoin mining companies offer varying degrees of exposure to the…
Errol Musk, father of billionaire entrepreneur Elon Musk, has become the latest figure to jump into the meme coin frenzy. Following in the footsteps of former U.S. President Donald Trump and First Lady Melania Trump, who recently launched their own…
The publicly listed miner from Wall Street, Argo Blockchain (LSE: ARB, NASDAQ: ARBK) has secured a hosting arrangement with Merkle Standard LLC for its mining equipment in Memphis, Tennessee, while allocating additional units to its Quebec facility. Wall Street Bitcoin…
Seven members of a UK gang have been sentenced to lengthy prison terms for kidnapping, torturing, and extorting a cryptocurrency investor. The group targeted their victim over several months, forcing him to transfer approximately £100,000 ($124,152) in crypto before law…
Jan 30, 2025, 10:48 p.m. UTC Coinbase Derivatives, a subsidiary of the crypto exchange, has filed documents with the Commodity Futures Trading Commission (CFTC) to list Solana (SOL) and Hedera (HBAR) futures. The exchange plans to launch the product on Feb…
Rosseti, Russia’s largest power grid operator, is exploring crypto mining operations at its underutilized power centers and aims to become a coordinator for mining infrastructure deployment across the country, according to state news agency TASS. “The Rosseti Group is the…