Categoria: Bitcoin
The idea to eliminate the US Federal Reserve was influenced by a book about Bitcoin.
“The Bitcoin Standard” inspired Rep. Thomas Massie to bring back legislation to end the Fed for the first time in a decade.
Leia maisShares of Bitfarm, a bitcoin mining company, saw a significant increase in value after Riot’s attempted takeover became confrontational.
Bitfarms sets its sights on Pennsylvania as it attempts to shake off Riot Platform’s newfound influence.
Leia maisBitcoin exchange-traded funds (ETFs) are on the rise again, attracting $100.8 million in new investments.
Bitcoin ETFs saw a significant turnaround on June 12, recording a $100.8 million inflow. This marks a notable recovery from two consecutive days of outflows. While inflows exceeding $100 million haven’t been a rarity for spot Bitcoin ETFs, these inflows are especially significant as they come after a substantial outflow of $200.4 million on June
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Bitfarms plans to increase its footprint in the United States by expanding in Pennsylvania while facing a potential takeover bid from Riot.
Bitcoin miner Bitfarms is set to expand its operations in the US by leasing a site in Sharon, Pennsylvania, and deploying miners that can output 600 PH/s of hashrate. In a June 13 statement, the firm said the site’s initial capacity will be 12 megawatts, with plans to expand to 120 MW by 2025. Bitfarms
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Gensler verifies that Ethereum ETFs will be approved during the summer in a Senate hearing.
SEC Chair Gary Gensler said the regulator expects to approve the spot Ethereum ETF applications’ S-1 registration forms “sometime over the course of this summer,” which would be the final step before the funds can launch in the US. Gensler confirmed that the ETFs would be able to launch by the end of summer, well
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Congressman Massie has stated that the backing for a bill to eliminate the Federal Reserve has increased tenfold.
US Congressman Thomas Massie has reintroduced legislation aimed at abolishing the Federal Reserve, a move he says was inspired by a seminal book on Bitcoin. The bill, known as the “Federal Reserve Board Abolition Act,” marks the first attempt in a decade to dismantle the nation’s central banking system. It was introduced by Massie in
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Cryptocurrency analyst explains why investors are choosing to invest in meme coins instead of altcoins with practical uses.
Crypto analyst, Will Clemente has shed light on why crypto investors are eagerly diving into the meme coins market. He highlighted the rising popularity of these digital assets among the younger crypto generation, noting that many see meme coins as speculative opportunities with the potential for significant returns. In contrast, these investors tend to shy
Leia maisAnalyst predicts a significant decrease in the value of SOL, with Solana potentially dropping below $140.
Amidst a wave of bullish sentiment sweeping across Solana and the cryptocurrency market, well-known cryptocurrency analyst and trader Crypto Jelle has offered insights on the price action of SOL, issuing a warning for SOL that there will likely be a substantial decline that might bring the price of the digital asset back to $140. Crypto
Leia maisAre investors abandoning Ethereum in favor of Bitcoin? Data is capable of expressing such information.
On-chain data shows that Bitcoin and Ethereum exchange supplies have gone opposite ways recently, a sign that a rotation may be on. Bitcoin’s Exchange Supply Has Gone Down While Ethereum’s Has Risen According to data from the on-chain analytics firm Santiment, the Supply on Exchanges metric has dropped to the lowest level since December 2021
Leia maisThe reduction in Bitcoin production for miners in May due to halving is more than 40%.
Several Bitcoin miners experienced a decline in BTC production in May due to the effects of the April Bitcoin halving event. The Bitcoin halving occurs approximately every four years and automatically reduces miner rewards, thereby enhancing the flagship digital asset’s scarcity. This year, the event cut mining rewards to 3.125 BTC — significantly decreasing total
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