Bitcoin Supplier Invests $130M in AI Data Centers #Crypto
Intelion to invest $130M in AI data centers in Russia, shifting from crypto mining to AI cloud services. First center in Samara by Q4 2024. #AI #TechNews
Bitcoin
Arbitrage Dominates Spot Bitcoin ETF Inflows #Bitcoin
Institutional investors, especially hedge funds, are driving net inflows into Bitcoin spot ETFs through arbitrage strategies. Top 80 holders manage $10.26B out of $15.42B. #Bitcoin #CryptoUpdates
Bitcoin Plunge: $200M Outflow from US ETFs #Bitcoin
? On June 11, 2024, US Bitcoin ETFs saw a $200M outflow, ending a month of gains. Grayscale’s $GBTC led with a $121M withdrawal, signaling bearish sentiment. #Bitcoin #CryptoNews
Bitcoin ETF to Influence Long-Term Price Stability #Bitcoin
Peter Schiff reignites Bitcoin ETF debate, warning of market instability despite recent $200.4M outflows from U.S. Spot Bitcoin ETFs. Bitcoin trades at $67,336.11, down 0.37%. #BTC #CryptoNews
Bitcoin: Trump Meets Miners, Sparks Industry Buzz #Bitcoin
Donald Trump met with Bitcoin miners at Mar-a-Lago, pledging support if re-elected. He emphasized the importance of US Bitcoin mining for energy dominance. #Bitcoin #CryptoNews
Bitcoin ETF Outflows Hit $121M Amid Decline #Bitcoin
Grayscale Bitcoin ETF ($GBTC) saw $121M in outflows after selling 1,800 BTC, hitting a total of 335K BTC outflows since spot ETF approvals. Management fees and falling prices are key factors. #Bitcoin #CryptoNews
Bitcoin Becomes DeFi Technologies’ Reserve Asset #DeFi
DeFi Technologies ($DEFTF) adopts Bitcoin as its primary reserve asset, acquiring 110 BTC worth $7.6M. This strategic move boosts their stock by 25% and reflects Bitcoin’s deflationary edge. #CryptoNews
Bitcoin Miners Sell Reserves Amid Crypto Liquidation #Bitcoin
Bitcoin miners sold 1,200 BTC on June 10, their largest sale since March, amid market liquidations and asset drops. Analysts suggest accumulation due to potential bullish events. #Bitcoin #CryptoNews
Bitcoin Velocity Stagnates: Will BTC Payments Rise? #Bitcoin
Bitcoin’s transaction velocity hits a 13-year low, echoing early days. Shift towards “Digital Gold” signals preference over daily transactions. Ethereum’s smart contracts still lead. #Bitcoin #CryptoNews
Crypto: Tucker Carlson Interviews Nayib Bukele on Bitcoin #Crypto
Tucker Carlson interviewed El Salvador’s President Nayib Bukele but skipped cryptocurrency talk. Bukele’s efforts on crime reduction were the focus, despite mixed reviews on data accuracy. #ElSalvador #Updates
Tokenized Bond Issued by Bitcoin Suisse #Crypto
Swiss crypto custodian @BitcoinSuisseAG issued a tokenized bond on Obligate, using $USDC for settlement, to fuel its lending growth. Managing over $5.5B, it emphasizes security and efficiency. #CryptoNews
Bitcoin Mining Draws Criminal Activity: Europol Report #Security
Europol warns that crypto mining and layer-2 solutions complicate law enforcement. Criminals use mining pools for scams like Ponzi schemes and money laundering. #Crypto #SecurityUpdates
Breakthrough: Will BTC Payments Finally Evolve? #Bitcoin
Bitcoin’s transaction velocity hits a 13-year low, suggesting a shift towards “digital gold” rather than a daily transaction tool, says CryptoQuant CEO Ki Young Ju. #Bitcoin #CryptoNews
Bitcoin ETF Faces Setback: What’s Next? #Bitcoin
The U.S. Spot Bitcoin ETF saw a $65M outflow on June 10, ending a 19-day inflow streak. Major withdrawals: $39.5M from @Grayscale’s $GBTC, $20.5M from Invesco Galaxy’s $BTCO, and $15.8M from Valkyrie $BRRR. #Bitcoin #Finance