Bitcoin Investment bank Jefferies said in a research report published on Tuesday that BTC mining profits of $106,546.31 in April declined as the network’s hashrate increased. “BTC mining profitability fell by 6.6% in April, driven by a 6.7% increase in…
The capital management company Grayscale suggested that cryptocurrencies could become one of the tools for the development of artificial intelligence (AI) technologies. The analytical department of Grayscale Research also published the top 20 AI tokens, which, in their opinion, form…
On May 27, the International Monetary Fund (IMF) announced that it would continue to work to ensure that the number of bitcoins in all government wallets in El Salvador remains unchanged. This position contradicts President Nayib Bukele’s continued support for…
Riot Platforms, Inc. (NASDAQ: RIOT), a well-known American Bitcoin (BTC) mining company, announced that it has increased its existing credit line from $100 million to $200 million from Coinbase Credit. To do this, Riot Platforms used a portion of its…
Australian regulator initiates legal proceedings against former CEO of crypto exchange ACX for misuse of client funds Chamomile Shumba | Edited by Parikshit Mishra , May 28, 2025, 1:00 PM. Allan Goh, the former director of the closely held Blockchain…
Auradine Inc., a U.S.-based Bitcoin mining hardware manufacturer, today announced an expanded range of mining products at the Bitcoin 2025 conference in Las Vegas. The portfolio includes high-performance ASIC chips, specialized cooling systems, and fully integrated modular containers designed for…
Nebraska lawmakers just approved House Bill 526 (LB526), which while not explicitly anti-Bitcoin, could have far-reaching implications that leave no room for neutrality. By a unanimous 49-0 vote, the legislature sent the bill to Governor Jim Pillen, who is expected…
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. While Galaxy Digital was once…
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. The upcoming purchase, which is expected to be finalized within 90…