Browsing Category
News
‘Not a Store of Value’ — Vanguard CEO Labels Bitcoin Too Speculative for Long-Term Portfolios
After the U.S. investment advisor Vanguard chose not to offer spot bitcoin exchange-traded funds (ETFs), its CEO Tim Buckley, in a recent discussion, described bitcoin as a speculative asset, unfit for inclusion in long-term investment…
Read More...
Read More...
Top 10 Bitcoin Mining Rigs of 2024: Leading the Charge in Crypto Earnings
Over the past month, the valuation of bitcoin has seen a notable increase, leading to significantly enhanced profits for today’s most sophisticated application-specific integrated circuit (ASIC) bitcoin mining devices. As of March…
Read More...
Read More...
BNB Chain Launches Rollup-as-a-Service to Bolster L2 Blockchain Development
On Thursday, the team behind BNB Chain introduced a novel Rollup-as-a-Service (RaaS) offering for the development of layer two blockchains (L2s) atop the BNB Chain. The team detailed that the service equips sizable decentralized…
Read More...
Read More...
Russia Regulates Use of Digital Assets for International Settlements
Russia has integrated the use of digital assets as payment for international transactions in its legislation. President Vladimir Putin signed into law a document that describes using these assets as payment for international settlements,…
Read More...
Read More...
Leading Equities Firm Says Bitcoin Price Will Hit $280,000
JMP Securities projects an unprecedented surge in Bitcoin’s value, potentially reaching $280,000.
This prediction comes from the firm’s latest research report. It forecasts a substantial $220 billion influx into spot Bitcoin…
Read More...
Read More...
Marathon to Acquire Applied Digital’s 200 MW Texas Bitcoin Mining Site
The Nasdaq-listed mining enterprise Applied Digital has concluded a definitive pact for selling its 200-megawatt (MW) mining facility in Garden City, Texas. Applied Digital disclosed that the transaction involves Marathon Digital…
Read More...
Read More...
Bitfrost and Stacks Foundation Team up to Enhance Bitcoin Utility
In a recent development, the Bitfrost Foundation has allied with the Stacks Foundation to explore new opportunities within the Bitcoin ecosystem. This partnership is dedicated to harnessing Bitcoin’s potential by introducing…
Read More...
Read More...
Thai Rule Change Allows Asset Management Funds to Invest in Bitcoin ETFs
Thailand-based asset management funds can now launch private funds for investing in U.S. spot bitcoin exchange-traded funds (ETFs), according to the country’s securities regulator. The approval of bitcoin ETFs by U.S. regulators has…
Read More...
Read More...
Peter Schiff Admits That He Wishes He Had Bought Bitcoin
Diehard gold bug and notorious crypto critic Peter Schiff has finally admitted that he regrets not buying Bitcoin (BTC).
“Of course – I’m not an idiot,” said Schiff during an interview published on Tuesday, when asked if…
Read More...
Read More...
Bitcoin Mining Hits Record Difficulty as Countdown to 2024 Halving Begins
On Thursday, Bitcoin’s network difficulty escalated by 5.79% at block height 834,624, signaling the year’s fourth rising adjustment. The mining difficulty now stands at an unprecedented peak of 83.95 trillion, with the…
Read More...
Read More...