Over the past year, leading manufacturers of application-specific integrated circuit (ASIC) bitcoin mining rigs have introduced a range of cutting-edge devices. Many of these rigs are quickly snapped up by major mining enterprises, often disappearing from shelves shortly after release.…
Mudrex, an Indian crypto investment platform, has suddenly halted its withdrawals on Saturday, attracting more criticism from the community. The exchange later announced that it was due to an effort to upgrade the compliance suite to avoid bad actors. Mudrex’s…
Grayscale Investments announced adjustments to its Digital Large Cap Fund (GDLC) allocation on Wednesday, with Bitcoin (BTC) and Ethereum (ETH) now comprising nearly 90% of the portfolio. As of 1/6/2025, GSCPxE’s Fund Components were a basket of the following assets…
Singapore has blocked crypto-based prediction market Polymarket as part of its ongoing crackdown on unlicensed gambling platforms. On Jan. 12, users reported being unable to access the site. Alex Zuo, vice president of investment and custody at Cobo Global, shared…
Oklahoma Senator Dusty Deevers has introduced the Bitcoin Freedom Act (SB325), aiming to integrate Bitcoin into the state’s economy. The bill proposes allowing employees and vendors to conduct transactions in Bitcoin, presenting it as an alternative to the inflation-weakened U.S.…
Crypto mining hardware sales have tripled in Russia year-on-year, one of the nation’s top Bitcoin mining experts has claimed. Speaking to the Russian news outlet Prime, Sergey Bezdelov, the head of the Industrial Mining Association said that “in the fourth…
As of Sunday, Jan. 12, 2024, the cryptocurrency sphere is nothing short of turbulent, with the total crypto economy resting at $3.31 trillion. To round off the weekend, theta fuel (TFUEL) emerged as the top performer, climbing 12.29% against the…
U.S.-based entities now control 65% more Bitcoin reserves than their non-U.S. counterparts, according to data from CryptoQuant. CryptoQuant CEO Ki Young Ju shared on X that this ratio measures Bitcoin holdings of prominent U.S. entities, such as MicroStrategy, exchange-traded funds…
Bitcoin miner manufacturer Canaan has announced that it will integrate Bitcoin mining into everyday life by unveiling the Avalon Mini 3 and Avalon Nano 3S home miners at CES 2025 in Las Vegas. The two new rigs promise to mine…
While Bitcoin battles to hold $100,000, an analyst cautions an impending “new wave” of corporate adoption as the roster of companies approving Bitcoin reserves grows. Bitcoin’s 2025 price projections have received a vote of confidence from KULR Technology Group, becoming…