Genesis Digital Assets Limited (GDA) is expanding its Bitcoin (BTC) mining operations in West Texas, increasing the capacity of its facilities in Pyote and Vernon by 50 megawatts (MW). GDA is a privately held organization with offices in the United…
Shares of leading publicly traded Bitcoin (BTC) miners fell this week as the oldest cryptocurrency continued its slide, falling below the important $90,000 mark. Widening net losses and increased competition saw the worst-performing stocks lose nearly 30% in a single…
Updated March 3, 2025, 17:17 UTC Published March 3, 2025, 16:06 UTC The U.S. Securities and Exchange Commission (SEC) has agreed to drop an ongoing lawsuit against U.S. cryptocurrency exchange Kraken, the company said Monday. The SEC filed a lawsuit…
Updated March 3, 2025, 15:23 UTC Published March 3, 2025, 13:30 UTC While the situation is becoming clearer following the recent dismissal of the enforcement case, Coinbase is pushing the US Securities and Exchange Commission to provide an accounting of…
Shares of Singapore-based bitcoin miner Bitdeer fell on Tuesday after the company posted a $532 million loss for the fourth quarter amid efforts to develop its own mining chips. By Tuesday morning New York time, the company’s shares had fallen…
Updated Mar 3, 2025 4:58 AM UTC Published Mar 3, 2025 1:00 AM UTC The US Senate is set to vote this week to repeal an Internal Revenue Service (IRS) rule that the crypto industry poses a serious threat to…
Updated March 4, 2025, 14:34 UTC Published March 4, 2025, 08:50 UTC A closely watched gap in CME Bitcoin (BTC) futures closed completely a day after a record opening and closing price jump, potentially setting the stage for another rally.…
Major events in the industry are planned for the first month of spring, including blockchain project launches, network updates, conferences and economic decisions that could affect the digital asset market, writes RBC Crypto. March 5 Ethereum to Test Pectra Upgrade…
Anyone who follows the public Bitcoin mining markets is aware that artificial intelligence (AI) and the move to high-performance computing (HPC) have become major trends among Bitcoin miners. What started as a slow trend last year has suddenly become a…
Updated Mar 1, 2025 16:17 UTC Published Mar 1, 2025 2:31 UTC The White House has confirmed that US President Donald Trump will host a cryptocurrency summit on March 7. A press release issued late Friday said the meeting would…