Posts

Bitcoin Miner Greenidge Files Legal Complaint Against New York Regulator, Reports Q2 Earnings #Bitcoin https://ift.tt/5pmHaKP

Image
Greenidge Generation Holdings Inc. has initiated legal action against the New York State Department of Environmental Conservation, challenging the denial of its air permit renewal. The company also reported its second-quarter financial results, highlighting cost reductions and ongoing business transformation. Greenidge Generation Challenges New York Permit Denial, Reports Q2 Performance Greenidge Generation Holdings Inc. filed […] from Bitcoin News https://ift.tt/yG4roUm via IFTTT

Bitwise Expands European Presence Through Acquisition of ETC Group #Bitcoin https://ift.tt/5pmHaKP

Image
Bitwise Asset Management has taken a bold step into the European market by acquiring ETC Group, a London-based provider of cryptocurrency exchange-traded products (ETPs). This strategic move increases Bitwise’s assets under management to over $4.5 billion, adding nine European-listed crypto ETPs to its expanding portfolio. Bitwise Enters European Market by Acquiring ETC Group, Boosting Crypto […] from Bitcoin News https://ift.tt/fyJ5ICw via IFTTT

US Bitcoin ETFs on the Verge of Controlling 1 Million BTC #Bitcoin https://ift.tt/5pmHaKP

Image
According to the latest data collected on Aug. 16, 2024, the 12 spot bitcoin exchange-traded funds (ETFs) collectively hold around 910,153.83 BTC, which translates to over $53 billion at the current exchange rates. Leading the pack is Blackrock’s IBIT, holding the largest portion with 38.34% of the total BTC. 12 Spot Bitcoin ETFs Close in […] from Bitcoin News https://ift.tt/OcV7vZD via IFTTT

Bitwise Acquires ETC Group, Europe's Largest Physical Bitcoin ETP Issuer

Image
Bitwise Asset Management's acquisition of ETC Group marks its significant entry into the European market, adding over $1 billion in Bitcoin and crypto assets. bit.ly/3f7o14k http://dlvr.it/TC62J8

Not Your Keys, Not Your Name: Here’s Why Naming is the Next Killer App for Bitcoin

Image
Why we need a decentralized solution to domain names, and namespaces to find content on the internet, that is beyond the control of centralized third parties. bit.ly/3f7o14k http://dlvr.it/TC61ym

94% of Bitcoin's Supply Has Now Been Issued

Image
94% of Bitcoin's total supply cap of 21 million has now been mined through its predictable issuance schedule. Bitcoin's controlled scarcity makes the remaining supply provably rare. bit.ly/3f7o14k http://dlvr.it/TC5fMG

Latam Insights: El Salvador to Receive $1.61 Billion for Economic Overhaul Plan; Venezuelan Government Blocks Binance #Bitcoin https://ift.tt/ynWD4KB

Image
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue: El Salvador attracts $1.61 billion in investments for its economic overhaul plan, the Venezuelan government blocks Binance using a state-owned ISP, and the Paraguayan justice system convicts an individual for energy theft crimes […] from Bitcoin News https://ift.tt/CVivK4H via IFTTT

BitVM Version 2 Introduces New Era for Bitcoin L2 Scaling Solutions #Bitcoin https://ift.tt/ynWD4KB

Image
On Aug. 15, 2024, the white paper for BitVM2 was published, outlining significant advancements in Bitcoin’s layer two (L2) capabilities. Building on the foundation laid by BitVM version 1, BitVM2 aims to bridge Bitcoin to second layers with improved scalability and security. New BitVM2 White Paper Introduces Advanced Solutions for Bitcoin L2 Scaling The original […] from Bitcoin News https://ift.tt/pcwL1Gy via IFTTT

Bets on Harris Slide in Predictions Market After Her Price Controls Plan Sparks Controversy #Bitcoin https://ift.tt/ynWD4KB

Image
In a twist of political fortunes, Vice President Kamala Harris, who had been leading in the race against former President Donald Trump for the 2024 election, saw her odds dip significantly after rolling out her economic plans. Over the past 72 hours on Polymarket, her chances have taken a hit, dropping four percentage points, while […] from Bitcoin News https://ift.tt/LHulQTY via IFTTT

UBS Urges Caution Despite Positive US Economic Data #Bitcoin https://ift.tt/ynWD4KB

Image
UBS reported on Friday that U.S. stocks extended their rally as new economic data, including a 1% rise in July retail sales, eased concerns about a potential recession. Despite the encouraging consumer resilience, UBS cautioned that the risk of a significant economic slowdown remains, especially after weaker July jobs data. Investors are advised to wait […] from Bitcoin News https://ift.tt/jagtEJ6 via IFTTT