Focuses exclusively on news and developments pertaining to Bitcoin, the first and most prominent cryptocurrency.
CleanSpark is set to acquire five Bitcoin mining sites in rural Georgia for $25.8M, boosting its hashrate to 3.7 EH/s. CEO Zach Bradford aims for a mid-year target of 20 EH/s despite current market challenges. #Bitcoin #Update
Bitcoin surged to $69,430 as investors eye US CPI figures and potential Fed rate cuts. Meanwhile, 5thScape’s presale raised over $6.7M, highlighting strong investor confidence in its VR platform. $BTC #Update
Farside Investors report a $146M outflow from US Bitcoin spot ETFs yesterday, signaling changing sentiment. $FBTC lost $92M, while $IBIT & $GBTC saw zero/negative flow. Bitcoin stands at $65,567.92, down 0.67% in 24h. #Update
VanEck is launching Australia’s first spot Bitcoin ETF on June 20, following ASX approval. This low-cost ETF offers a new investment avenue for Bitcoin, but ASIC warns of cryptocurrency risks. #BitcoinETF #Update
Peter Schiff warns that hedge fund strategies using Bitcoin and $MSTR could destabilize the market. Despite Bitcoin ETF buying, prices remain low, suggesting manipulation. Indicators show bearish sentiment. Investors should monitor hedge fund actions. #Update #CryptoMarket
Greenpeace’s 2024 report urges Wall Street accountability for Bitcoin’s environmental impact. Bitcoin mining used 121 TWh electricity in 2023, akin to Poland’s consumption. Top financiers like @BlackRock emitted CO2 equal to 335,000 homes. #Bitcoin #Update
Katie Stockton (@FairleadStrategies) on CNBC’s ‘Squawk Box’: Equities and Bitcoin ($BTC) remain in a bull market. Recent pullbacks nearly resolved, with $SPX nearing 5440. Bitcoin’s correlation with the Nasdaq 100 suggests it’s viewed as a traditional risk asset. #Update
Cryptology experts forecast $BTC stabilizing by summer 2024 and $ETH showing a strong trend. Bitcoin trades over $65K and Ethereum above $3.5K, indicating resilience. Key charts hint at potential upward moves. Monitor closely for market shifts. #Update
US Bitcoin mining firms hit a $22.8B market cap in June. @Core_Scientific leads with a 117% stock rise after a $3.5B deal with CoreWave. Despite Bitcoin’s drop below $67K, investor confidence remains high. US miners now control 23.8% of the hash rate. #Update
Australia’s securities regulator warns of the risks, volatility, and complexity of cryptocurrencies as ASX approves its first spot Bitcoin ETF. Investors advised to risk only what they can afford to lose. #BitcoinETF #Update @asic
BlackRock’s ETF chief Samara Cohen notes advisors’ caution over Bitcoin spot ETFs despite $50B success since Jan 2024, citing volatility and fiduciary duties. 80% of buys are from self-directed investors. SEC eyes Ethereum ETFs by summer 2024. #Update
Bitcoin ($BTC) rises 0.51% to $66,600.62 in 24 hours, with potential to retest $70,000. Key drivers: retail and whale transactions, social sentiment, and spot Bitcoin ETF trends. Current trading volume is down 46.85%. #Update #Bitcoin
The @ASX will list @VanEck’s spot Bitcoin ETF on June 20, 2024, marking a key milestone in Australia’s crypto market. This follows the US debut of spot Bitcoin ETFs in January 2024, which amassed over $58B. #Bitcoin #Update
U.S. Rep. Ro Khanna to host a roundtable with Biden Admin, Congress, and industry reps to strategize on keeping Bitcoin and blockchain tech innovative in the U.S. This follows Trump’s pro-Bitcoin campaign moves. #Bitcoin #Update
