npub1v7y6...3qaf 1 year ago

MicroStrategy’s Bitcoin portfolio surpasses $20B, ROI now over 100% The Bitcoin-stacking firm bought Bitcoin 42 times at a dollar cost average of $39,292, according to BitcoinTreasuries data. [Source](https://cointelegraph.com/news/microstrategy-bitcoin-portfolio-surpass-20-billion)

npub1v7y6...3qaf 1 year ago

Bitcoin to be ‘political imperative,’ owning none ‘a liability’ — NYDIG NYDIG’s research head Greg Cipolaro said “there are no excuses” for investors to shirk Bitcoin after Donald Trump and the Republicans’ US elections sweep. [Source](https://cointelegraph.com/news/bitcoin-political-imperative-no-exposure-liability-nydig)

npub1v7y6...3qaf 1 year ago

Hive Digital Reports Slight Rise in Bitcoin Output Amidst Capacity Goals. Bitcoin miner Hive Digital reported modest growth in bitcoin production for October, while advancing its mining capacity and infrastructure. [Source](https://news.bitcoin.com/hive-digital-reports-slight-rise-in-bitcoin-output-amidst-capacity-goals/)

npub1v7y6...3qaf 1 year ago

MicroStrategy shares up 20% in the week following Trump’s victory, rate cuts MSTR has surged over 486% in the past 12 months, with the company planning to expand its Bitcoin holdings through a $42 billion purchase by 2027. [Source](https://cointelegraph.com/news/micro-strategy-shares-up-20-week-following-trump-victory-rate-cuts)

npub1v7y6...3qaf 1 year ago

BTC $77K rally won't spark overvaluation fears like stocks: Bitwise CEO Bitcoiners don’t fear overvaluation the way stock traders do, says Bitwise Invest's CEO, after Bitcoin reached new all-time highs this week. [Source](https://cointelegraph.com/news/bitcoin-77k-price-rally-overvaluation-concerns-stocks-bitwise)

npub1v7y6...3qaf 1 year ago

Crypto mixer Bitcoin Fog founder receives 12.5-year prison sentence Bitfog founder Roman Sterlingov has been sentenced to 12.5 years in prison and forced to “pay a forfeiture money judgment” of around $395.5 million. [Source](https://cointelegraph.com/news/crypto-mixer-bitcoin-fog-roman-sterlingov-founder-prison-sentence-united-states-doj)

npub1v7y6...3qaf 1 year ago

Block Inc’s Bitcoin revenue stagnates in Q3, shares drop 12% on revenue miss Block missed its revenue estimates for Q3 and said it is “winding down” its DeFi operations to shift money into its Bitcoin mining and wallet businesses. [Source](https://cointelegraph.com/news/block-q3-earnings-bitcoin-revenue-stagnates-shares-drop-revenue-miss)

npub1v7y6...3qaf 1 year ago

Coinbase wrapped Bitcoin deploys on Solana, aimed at growing DeFi market The deployment will allow users to utilize Bitcoin in Solana’s burgeoning DeFi ecosystem, according to Coinbase. [Source](https://cointelegraph.com/news/coinbase-wrapped-bitcoin-launches-on-solana)

npub1v7y6...3qaf 1 year ago

BlackRock Bitcoin ETF sees ‘biggest volume day ever’ with $4.1B traded BlackRock Bitcoin ETF saw its largest day of trading activity following Donald Trump’s reelection as the president of the United States. [Source](https://cointelegraph.com/news/blackrock-bitcoin-etf-sees-biggest-volume-day-ever-4-1-billion-traded)

npub1v7y6...3qaf 1 year ago

Hut 8 tips 66% hashrate boost after deal to buy 31K Bitcoin miners Hut 8 could see its hash rate rise from 5.6 exahashes per second to 24 EH/s by Q2 2025 should it also execute a 15 EH/s purchase option with Bitmain. [Source](https://cointelegraph.com/news/hut-8-purchases-31000-new-bitcoin-miners-hashrate)

npub1v7y6...3qaf 1 year ago

Trump victory paves way for $100K Bitcoin by end of 2024 Markets are bracing for post-election volatility, which may take Bitcoin as high as $100,000 before 2025. [Source](https://cointelegraph.com/news/trump-presidential-victory-paves-way-100k-bitcoin-end-2024)

npub1v7y6...3qaf 1 year ago

Bitcoin Mining Stocks Skyrocket as Trump’s White House Win Sparks Crypto Rally. After last week’s turbulent period, publicly traded bitcoin mining companies rebounded on Wednesday, celebrating a strong performance as Trump clinched the White House. [Source](https://news.bitcoin.com/bitcoin-mining-stocks-skyrocket-as-trumps-white-house-win-sparks-crypto-rally/)

npub1v7y6...3qaf 1 year ago

Hut 8 Gears up for a Mining Power Surge With 31K New Bitmain Antminers. Hut 8 Corp., a North American bitcoin miner, has unveiled plans to enhance its application-specific integrated circuit (ASIC) fleet, aiming for a boost in self-mining efficiency and expanded hashrate capacity by early 2025. [Source](https://news.bitcoin.com/hut-8-gears-up-for-a-mining-power-surge-with-31k-new-bitmain-antminers/)

npub1v7y6...3qaf 1 year ago

BlackRock Bitcoin ETF sees $1B volume in first minutes of post-election trading Some analysts expect Bitcoin’s price to surge following Donald Trump’s Nov. 5 election win. [Source](https://cointelegraph.com/news/blackrock-bitcoin-etf-sees-1-b-in-volume-in-first-minutes-of-post-election-trading)

npub1v7y6...3qaf 1 year ago

Bitcoin whales accumulate $132M amid Trump victory projections Investor appetite for risk-on assets like Bitcoin is growing, with Donald Trump projected to win the US presidential election. *Whale wallets have withdrawn $132 million BTC. Source: Lookonchain* [Source](https://cointelegraph.com/news/bitcoin-whales-accumulate-132m-amid-trump-victory-projections)

npub1v7y6...3qaf 1 year ago

BlackRock's Bitcoin ETF sees 6th ever outflow on US election day The iShares Bitcoin Trust saw a rare day of outflows before Bitcoin went on to hit an all-time high. [Source](https://cointelegraph.com/news/blackrock-bitcoin-etf-6th-outflow-ever-us-elections)

npub1v7y6...3qaf 1 year ago

2024 US elections live: Trump speaks, declares victory. [Source](https://cointelegraph.com/news/live-countdown-us-elections-2024-crypto-industry)

npub1v7y6...3qaf 1 year ago

‘Calm before the storm’ — Bitcoin volatility stalls ahead of US election After notching a three-month high last week, Bitcoin volatility has flattened out as traders await the outcome of the US election with bated breath. [Source](https://cointelegraph.com/news/calm-before-the-storm-bitcoin-volatility-stalls-as-markets-await-election-results-bitfinex)

npub1v7y6...3qaf 1 year ago

US Bitcoin ETFs notch second-largest daily outflow on eve of election The 11 US spot Bitcoin ETFs recorded a net outflow of $541.1 million for Nov. 4, their second-largest outflow day in history. [Source](https://cointelegraph.com/news/us-bitcoin-etf-outflows-second-highest-amid-election)

npub1v7y6...3qaf 1 year ago

Ramaswamy’s Strive launches wealth management arm offering Bitcoin to clients By integrating Bitcoin into client portfolios, Strive’s new wealth management unit can, in part, offer Americans “true financial freedom,” its CEO Matt Cole said. [Source](https://cointelegraph.com/news/ramaswamys-strive-launches-wealth-management-unit-bitcoin-offering)