On Monday, BlackRock’s spot Bitcoin exchange-traded fund (ETF) saw its largest single-day inflow in over 35 days. The iShares Bitcoin Trust (IBIT) took in $224 million in net inflows. NEW: 🇺🇸 While others are selling, BlackRock’s #Bitcoin ETF saw $224…
Category: Crypto Flash News
Bitwise Brings The Bitcoin Ethos To Wall Street
Company Name: Bitwise Asset Management Founders: Hong Kim and Hunter Horsley Date Founded: December 2016 Location of Headquarters: San Francisco, CA and New York, NY Amount of Bitcoin Held in Treasury: Undisclosed Number of Employees: 65 Website: https://bitwiseinvestments.com/ Public or…
The Other Satoshis: Bitcoin’s Most Important Early Contributors
This article is featured in Bitcoin Magazine’s “The Halving Issue”. Click here to get your copy. If, in 2021, the identity of Satoshi Nakamoto remains a mystery, so too does the two-year period from 2008 to 2010 when Bitcoin’s creator…
Australian Spot Bitcoin ETF Keeps on Buying
Australia’s two spot Bitcoin ETFs—the VanEck Bitcoin ETF and Monochrome’s IBTC—have steadily accumulated Bitcoin holdings since launching earlier this year. The sustained inflows highlight growing Bitcoin demand in the region. The VanEck Bitcoin ETF debuted on the Australian Securities Exchange…
Leading Bitcoin Miner GDA Plans Mining Expansion to 400 MV Leveraging Renewables
Genesis Digital Assets (GDA), one of the world’s largest Bitcoin mining companies, has announced plans to expand its recently launched Texas data centre to 400 megawatts. The ambitious phase two scaling highlights GDA’s commitment to Texas as a mining hub,…
The New Mission Critical Facilities: Bitcoin Mining Farms
Life embodies evolution, change, adaptation, and the willingness to thrive. Throughout history, we have experienced numerous changes that have forced society to evolve, adapt, and grow. From the inception of trading to the COVID-19 pandemic and beyond, we have witnessed…
The Fight for Bitcoin Privacy Has Truly Begun
This article is featured in Bitcoin Magazine’s “The Privacy Issue”. Subscribe to receive your copy. First they ignore you, then they laugh at you, then they fight you, then you win.The quote—commonly misattributed to Mahatma Gandhi—has been overused to the…
BlackRock’s Bitcoin ETF Saw Outflow For the First Time Since May
BlackRock’s spot Bitcoin exchange-traded fund (ETF), the iShares Bitcoin Trust, experienced an outflow of $13.5 million on Thursday. This was IBIT’s first outflow since May 1st. Thursday’s outflow was the second ever for the iShares Bitcoin Trust since its launch…
The Impact of Institutional Investors on Bitcoin
For years, Bitcoin enthusiasts have been expecting a significant change in the value due to the involvement of institutional investors. The concept was simple: as companies and large financial entities invest in Bitcoin, the market would experience explosive growth and…
Solo Bitcoin Miner Earns $199,098 After Successfully Mining Block
A solo Bitcoin miner has made headlines by successfully mining block number 858,978 on the Bitcoin blockchain, earning a reward of 3.275 BTC, valued at $199,098 at the time. The block, mined earlier today, contained 2,391 transactions, according to blockchain data.…