Core Scientific reports $210.7 million in Q1 net income, 2,825 BTC production

cryptoslate.com Core Scientific reported a $210.7 million net income for the first quarter on May 8. The change represents an increase of $211.1 million from the first quarter of 2023, when…

Argentina Energy Provider Seals New Bitcoin Mining Deal

cryptonews.com Argentina’s state-run energy provider has completed a new Bitcoin (BTC) mining deal that will see the firm use associated gas to power 1,200 ASIC mining rigs in Patagonia.…

Bitcoin Price Prediction as $1B Liquidity Fund Launched for Hong Kong Crypto ETFs

cryptonews.com Bitcoin Price Prediction: As Bitcoin oscillates around $61,368 following a 2.60% decrease, market watchers are closely monitoring the impact of a new $1 billion liquidity…

Analyst Predicts Timeline For Cardano’s (ADA) Bullish Price Breakout

watcher.guru Cardano’s slow price pace has been a noteworthy cause of concern this bull season. Despite ADA’s thriving ecosystem developments, the token is yet to embrace the bullish…

Bitcoin: Investor Earns $3 Million With BTC in 4 Days

watcher.guru Cryptocurrency trading is a whirlwind of uncertainty where wealth can vanish or multiply instantly. One recent example is an anonymous investor, often called a “whale” in…

Core Scientific Pulls $179M BTC Revenue In Q1, Shares Jump 5%

coingape.com Bitcoin mining firm Core Scientific has reported a breakout first quarter report. The company said it raked in a total of $179.3 million revenue in the quarter. Core…

Best Crypto to Buy Today May 8

cryptonews.com As blue-chip cryptocurrencies trade with a bearish bias on Wednesday, Bitcoin (BTC) is sliding back to $ 62,000 after it found resistance at its 50DMA earlier this week.…

Biden Set to Veto Bill Allowing Financial Institutions to Custody Bitcoin

tftc.io The Executive Office of US President Joe Biden has announced its opposition to proposed legislation, H.J. Res. 109, which aims to permit highly regulated financial firms to…

Kgothatso Ngako: How I Brought the Machankura Bitcoin App to Africa

coindesk.com Kgothatso Ngako: I grew up in a township called Mamelodi. So the main barrier at the time was that a lot of the literature that explains Bitcoin is in English, right? But we…

Ohio State president’s connection to a nuclear Bitcoin mining operation

nbc4i.com When the controversial speaker at Ohio State’s spring commencement called for help with a Bitcoin demonstration on stage, he asked for an assistant who happened to be an…

Coingape: Bitcoin, Ethereum, Crypto News and Price Analysis

coingape.com Terra Luna Classic community saw massive LUNC burns with wallet-to-wallet transactions on Wednesday, bringing the total daily LUNC burn to over 275 million. The transactions…

FTX Customers Poised to Recover All Funds Lost in Collapse

nytimes.com The announcement was a landmark in the attempt to recover the $8 billion in customer assets that disappeared when FTX imploded. Bankruptcy lawyers for FTX said customers of…

Bitcoin: Buy or sell, what’s the next step you should take?

ambcrypto.com After the recent drop to $56.8k, Bitcoin seemed to have a short-term bearish bias. • Signs of accumulation and demand were present, but the consolidation period might not…

Will Solana’s Rough April Turn Around? on Bankless

bankless.com Solana's April has certainly been... turbulent thus far. But despite a SOL price plateau and some severe congestion issues that have caused widespread transaction failures,…

Why Bitcoin ETF Investors Are Suddenly Buying Back Into Grayscale

decrypt.co The Grayscale Bitcoin Trust bled for 78 straight days, drained of over $17 billion in Bitcoin as investors pulled out their cash. Then suddenly, and seemingly inexplicably,…

1358 Jihan Bowes-Little

podcasters.spotify.com Jihan Bowes-Little is the Co-Founder & Managing Partner at Bracket Capital, an investment firm focused on special situation opportunities in growth / late-stage private…

After billionth Bitcoin transaction, a look at the network’s evolution

blockworks.co Activity on the Bitcoin network has evolved over the span of a billion transactions, with the latest usage starting to resemble that of Ethereum in 2020. Bitcoin transaction…

Ethereum Is No Longer ‘Ultrasound Money’ After Dencun Upgrade: Analysts

decrypt.co Ethereum’s latest upgrade may have worked a bit too well, bringing unwelcome consequences for long-term Ethereum (ETH) investors. As advertised, the Dencun hard fork slashed…

FTX Paying Back Victims in Full With Interest, Sold Assets

entrepreneur.com A majority of customers would get at least 118% of their money back under a proposed plan, as the company now has up to $16.3 billion in cash to use. Cryptocurrency exchange…

CD132: OPEN SOURCE DESIGN WITH CRISTOPH AND DANIEL

serve.podhome.fm support dispatch: https://citadeldispatch.com/donate ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠EPISODE: 132BLOCK: 842579PRICE: 1606 sats per dollarTOPICS: intuitive user friendly open source…

Bitcoin, Ethereum Trade Lower As Whales Show Signs Of FOMO

thedefiant.io Santiment reports that wallets containing 1,000 to 10,000 BTC have accumulated $17 billion worth of Bitcoin in 2024. Crypto markets turned sharply lower on Wednesday,…

Grayscale Seeks SEC Nod To Introduce ‘Mini’ Ethereum ETF

thedefiant.io If approved, Grayscale's Ethereum Mini Trust would be seeded with Ether from the Grayscale Ethereum Trust. Grayscale Investments, the world’s largest cryptocurrency asset…

Bitcoin’s New Runes Protocol Fuels Sky High Transaction Fees

thedefiant.io Runestones have dropped 70% after an airdrop snapshot was taken on April 21. Bitcoin’s fourth halving has brought a new Ordinals-based protocol that is taking the…

Arthur Hayes Says Ordinals ‘Bring Human Culture’ To Oldest Crypto Community

thedefiant.io The investor’s fund, Maelstrom, is focused on assets that gave rise to crypto meme culture. Arthur Hayes is very bullish on Ordinals and memecoins. As the nascent Ordinals…

Ethereum Ecosystem Activity Soars to All-time High

thedefiant.io Weekly active wallets have surpassed 10 million, driven by Base and Polygon. The Ethereum ecosystem has been on a tear in 2024, enjoying near-vertical growth across wallet…

Bitcoin, Ethereum Stage Relief Rally Ahead of U.S. Economic Data

thedefiant.io Key economic indicators this week include GDP and PCE numbers, set for release on Thursday. Crypto markets recovered on Tuesday, with Bitcoin edging closer to the $67,000…

PayPal and Energy Web Team Up To Incentivize Green Bitcoin Mining

thedefiant.io PayPal is working with partners to provide incentives for Bitcoin miners to reduce their environmental impact. In an April 22 blog post published on Mirror, a…

Bitcoin Mining Stocks Thrive While Hash Rate Slides Post Halving

thedefiant.io Leading mining stocks rallied by more than 17% since Tuesday. Shares in major Bitcoin mining firms have surged by more than 17% since April 16 amid Bitcoin’s fourth…

Arbitrum-based Perpetuals DEX Hyperliquid Crosses $450 Million In TVL

thedefiant.io The decentralized exchange has processed more than $150 billion of trades since launching last year. Arbitrum-based decentralized exchange Hyperliquid is quickly climbing…

Bitcoin Network Fees Soar as Runes Launch Nears

thedefiant.io The hype around the new fungible token standard has reached a fever pitch ahead of the imminent Bitcoin halving. Transaction fees on the Bitcoin network have quadrupled,…

CoreDAO Brings Native Staking To Bitcoin

thedefiant.io The Bitcoin-powered EVM-compatible blockchain enables non-custodial native Bitcoin staking, with rewards paid out in CORE tokens. Bitcoin holders can finally put their idle…

Google Searches for 'Bitcoin Halving' Hit All-time High

thedefiant.io Bitcoin, Ethereum and Dogecoin slide as Wall Street exerts downward pressure on crypto markets. Interest in the imminent 'Bitcoin Halving' has hit a new all-time high on…

FTX bankruptcy: What customers should know about getting their money back with interest

fastcompany.com Customers who lost their money when crypto exchange FTX collapsed in late 2022 are set to get their money back—and then some. That’s according to an announcement released…

Giant Bitcoin Whales Accumulate $941M BTC As Fed Official Says Rates Cuts to Delay

coingape.com The crypto market saw massive drop in trading volumes in spot and derivatives crypto exchanges on macroeconomic jitters. Fed officials turned hawkish and warned that…

Bitcoin Sharks Show Most Aggressive Buying Spree Ever: Data

bitcoinist.com On-chain data shows that Bitcoin investors holding between 100 and 1,000 BTC have been on an unprecedented buying spree in the past two months. Bitcoin Supply Held By Sharks…

Failed crypto giant FTX has recovered billions more than it needs to pay back bankruptcy victims

nypost.com Fallen cryptocurrency exchange FTX has raked in billions of dollars more than it needs to fully pay back customers who lost funds in its November 2022 collapse. In a rare…

Junseth Uncovers Tactics of Social Engineering Scammers Targeting Bitcoin Users

tftc.io Junseth, an early Bitcoin podcaster, recently recorded a phone conversation with a hacker, exposing a phone scam operation targeting Bitcoin holders. The scam, which…

President Joe Biden Will Veto Legislation Allowing Financial Firms to Custody Bitcoin: White House

bitcoinmagazine.com The Executive Office of US President Joe Biden has announced its stance on proposed legislation, H.J. Res. 109, that would allow highly regulated financial firms to act as…

Solana Breakout: Crypto Analysts Confirm SOL Is Ready To Cross $200

bitcoinist.com Solana had previously touched $200 earlier in the year but this was only for a brief period before declining back down to $150. At this point, the Solana indicators are…

Trump’s potential return could catalyze major uptick in alt investments like Bitcoin

cryptoslate.com A recent Standard Chartered report forecasts that a second term for Donald Trump could significantly boost Bitcoin and other digital assets as viable alternative…

AI-hungry tech giants can’t build fast enough. They’ll need Bitcoin miners to help

dlnews.com Artificial intelligence — and the business behind it — is presenting new opportunities for Bitcoin miners. While miners have traditionally relied on Bitcoin rewards as their…

Bitcoin podcaster secretly records Coinbase scammer’s confession

protos.com A cohort of lawless US-based youngsters are making millions of dollars by stealing crypto assets over the phone. In a revealing undercover recording, a telemarketing scammer…

Hong Kong Debuts First Bitcoin ETF Liquidity Fund Valued at $128 Million

tftc.io Hong Kong has introduced its first Bitcoin ETF liquidity fund. The HK$1 billion fund, approximately equivalent to $128 million, is a collaborative effort designed to enhance…

Bitcoin Lightning Wallet ZEUS Isn’t Going Anywhere

bitcoinmagazine.com Founder: Evan Kaloudis Date Founded: 2019, block 563345; incorporated in 2023 Location of Headquarters: No HQ; fully remote Amount of Bitcoin Held in Treasury: Not disclosed…

Ordinal Derangement Syndrome (ODS) Is a Real Phenomenon

bitcoinmagazine.com Ordinal Derangement Syndrome (ODS) is a real phenomenon. As a neutral observer from Bitcoin Magazine, I aim to address the misconceptions and dismissive attitudes toward…

Bitcoin price to ‘sustain’ $265K level once boring consolidation ends

cointelegraph.com Analysts forecast a Bitcoin run to $265,000, but it could take longer than investors expect.

LTC demand surges as users pay 2x more with Litecoin than with Bitcoin

finbold.com The demand for Litecoin’s (LTC) payment solution surged in April, reaching a record ratio of nearly 2:1 against Bitcoin (BTC) in BitPay. This higher demand is also observed…

Nexo announces $12 million token airdrop for platform users

cryptobriefing.com Crypto services provider Nexo has announced the airdrop of 10 million NEXO tokens as part of its ‘Nexonomics’ campaign, equivalent to $12.6 million at the time of writing.…

Cardano: When Will ADA Reclaim Its All-Time High Of $3.10?

watcher.guru Cardano has lately been attracting central attention. The token is yet to embrace the bullish wave of the market. According to CoinMarketCap, Cardano is trading at $0.44,…

US Banks and Mastercard Test Ledger Tech for Settling Tokenized Assets

cryptonews.com Payments giant Mastercard joined several leading U.S. banks on Wednesday to test new distributed ledger technology to enable tokenized asset settlement between its entities.…

Last Chance to Buy Solana’s Greatest Multichain Meme Coin, $DOGEVERSE, In $17 Million Presale

cryptonews.com Wednesday, May 08, 2024 – There’s not long left now to buy Solana’s greatest multichain good boy Dogeverse before his month-long presale concludes. The $DOGEVERSE token has…

Donald Trump Set To Dine With NFT Buyers At Mar-a-Lago: Report

cryptonews.com Republican presidential frontrunner Donald Trump is scheduled to dine with purchasers of his Trump “Mugshot Edition” NFTs Wednesday at his Mar-a-Lago estate in a break from…

Your Wealth Is Melting: Why Bitcoin Is The Deep Freeze Your Portfolio Desperately Needs

bitcoinmagazine.com Originally published on Unchained.com.Unchained is the official US Collaborative Custody partner of Bitcoin Magazine and an integral sponsor of related content published…

BitMEX Unites Forces with PowerTrade to Launch Deribit Challenger

coinspeaker.com Coinspeaker BitMEX Unites Forces with PowerTrade to Launch Deribit Challenger Renowned crypto derivative exchange BitMEX recently partnered with PowerTrade to introduce…

Bitcoin Price Predictions Soar: CryptoQuant CEO Forecasts $265K Surge

coinpedia.org The post Bitcoin Price Predictions Soar: CryptoQuant CEO Forecasts $265K Surge appeared first on Coinpedia Fintech News The year 2024 has seen significant momentum for…

Exploring BounceBit and Maximizing Rewards through Binance Megadrop

bitcoinist.com In the world of cryptocurrencies, innovative platforms continually redefine user engagement and investment opportunities. Among these, BounceBit stands out with its…

Why Ethereum traders are starting to bet big against ETH’s price

ambcrypto.com Short positions increase following Grayscale’s decision to pull its Ethereum futures ETF application. Ethereum [ETH], the second-largest cryptocurrency by market cap, has…

Transaction Fees To The Rescue! Bitcoin Miners Find Solace In Network Activity

bitcoinist.com For years, Bitcoin miners have toiled away, fueled by the promise of block rewards – newly minted coins earned for validating transactions. But a recent trend is changing…