The latest report released by Perryman Group shows that the bitcoin mining industry generates more than $4.10 billion in total output value and 31,000 jobs for the US economy every year. The report states that Texas is the largest beneficiary of bitcoin mining activities, with an annual economic contribution of $1.70 billion and more than 12,200 jobs. Georgia and New York contribute $316.80 million and $225.90 million in annual output, respectively. It is reported that the United States currentl...
On February 19th, the first Bitcoin two-layer solution based on the BitVM paradigm Bitlayer launched the BTCFI carnival event has entered the sixth week of activities. This week, the interactive task of the decentralized trading platform BitZap will be launched on the Binance wallet. Users who complete this week's task have the opportunity to share the total value of 140,000 dollars of Token rewards. The event jointly launched by Bitlayer and Binance Wallet will last until February 28. At presen...
Nasdaq-listed company Semler Scientific, which adopts bitcoin reserve strategy, announced its financial performance report for 2024, in which it disclosed that it held 2,298 BTC as of December 31, 2024, and the BTC yield was 107%; then it added 894 BTC at the end of last year to February 14 this year. As of now, the total holdings of bitcoin have reached 3,192 BTC, and the total purchase amount is 280.40 million US dollars.
Bitcoin remains in a state of low volatility, down slightly by 2 per cent this week, according to K33 Research, as risk-averse traders cut yields, volatility and trading volumes to multi-month lows. The overall market performance is subdued, but rarely for long. Vetle Lunde, head of research at K33, pointed out that while the pro-cryptocurrency Trump administration is good for bitcoin and the industry in the long run, short-term uncertainty has kept market activity subdued. Overall...
Bitcoin investment firm Strategy (formerly MicroStrategy) recorded a net loss in fiscal year 2024 due to impairment losses on $1.79 billion digital assets, according to its 10-K annual report filed on Feb. 18. The company warned that a significant decline in the market value of Bitcoin could prevent it from returning to profitability in the future and could affect its ability to meet its financial obligations. In addition, with the company adopting FASB's new fair value accounting rules effectiv...
Grey Release Bitcoin Trust (bc1q3) transferred 686.087998 BTC (~ $66.0998 million) to a Coinbase Prime deposit account (3QwWz) and other accounts approximately 40 minutes ago.
According to Bitcoin Magazine, Fold will officially list on Nasdaq tomorrow, becoming the first financial services company to focus on Bitcoin. Currently, Fold holds more than 1,000 Bitcoin on its balance sheet.
Bitcoin miner MARA has announced that it has acquired a wind farm in Texas. The acquisition will add 114 trillion watts of wind power capacity to MARA's asset base as it expands into the energy infrastructure sector. The company will use the latest generation of ASIC mining hardware powered by renewable energy to reduce the cost of bitcoin production. MARA is the second largest publicly traded bitcoin holder with 45,659 BTC on its balance sheet.
According to CoinDesk, Japanese bitcoin company Metaplanet has announced that it will conduct a 10:1 stock split on April 1, 2025. The decision comes against the backdrop of a 3,900% increase in the company's share price, with the aim of reducing minimum investment costs and improving market liquidity. Metaplanet has amassed 2,031 bitcoins with a market cap of nearly $200 million since it started buying bitcoins in April 2024. These bitcoin purchases are a major factor in the company becoming th...
Since the end of November, Bitcoin has been trading between $91,000 and $109,000, with a very narrow range of volatility. In other words, Bitcoin's volatility has decreased significantly. According to Glassnode, the two-week real volatility (a measure of how much an asset has moved over the past two weeks, on an annualized basis) has fallen to 32%, one of the lowest levels in several years. In addition, the one-month volatility implied by options (the market's expectation of volatility over the ...
1. Data: The inflow of Bitcoin and Ethereum funds has dropped by more than 30% in the past month. 2. Institutional investors hold 25.4% of the assets under management of spot Bitcoin ETFs, totaling $26.80 billion. 3. Changpeng Zhao denies the rumors of Binance selling, but may introduce a small amount of equity investment. 4. He Yi responds to the acquisition rumors: It is a public relations strategy of competitors, but strategic cooperation and mergers and acquisitions are not ruled out. 5. Hon...
According to crypto analyst Ali, the inflow of funds into Bitcoin and Ethereum has dropped significantly in the past month, from $45 billion to $30 billion, a decrease of more than 30%.
According to BecauseBitcoin, the Texas Senate will hold a public hearing on the establishment of a strategic bitcoin reserve on February 18.
据BecauseBitcoin消息,美国德克萨斯州参议院将于 2 月 18 日就建立战略比特币储备举行公开听证会。