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Bitcoin 2 min

Bitcoin ETFs Reach $72 Billion in Holdings

As of late October, Bitcoin Exchange-Traded Funds (ETFs) have amassed more than 1 million BTC, valued at over $72 billion, underscoring the robust demand for these investment vehicles in 2024. CoinGlass data…

General News 2 min

CleanSpark Moves Toward 400MW Bitcoin Mining Goal

CleanSpark, a U.S.-based Bitcoin mining firm, has finalized its acquisition of infrastructure company GRIID, bringing it closer to reaching its 400-megawatt (MW) mining capacity target over the next few years. CleanSpark CEO…

Bitcoin 2 min

Florida CFO Pushes for Bitcoin in State Pension Funds

Florida’s Chief Financial Officer Jimmy Patronis is advocating for Bitcoin investments within the state’s pension funds, urging the Florida State Board of Administration (SBA) to evaluate the benefits and risks of adding…

Bitcoin 2 min

Bitcoin in Bullish Setup Ahead of U.S. Election, VanEck

Investment firm VanEck reports a “very bullish setup” for Bitcoin as the United States approaches the 2024 presidential election, with Bitcoin’s price already nearing all-time highs. Matthew Sigel, VanEck’s head of digital…

Bitcoin 2 min

What’s Holding Bitcoin Back from Reaching $70,000?

Bitcoin’s journey to the $70,000 mark faces hurdles, despite recent interest rate cuts sparking greater risk appetite among investors. The cryptocurrency’s ability to reach this milestone depends on factors like U.S. election…