Bitcoin Miner Iris Energy Increases Mining Output by 10%

Iris Energy has reported a 10% increase in bitcoin production during August 2024, with the company mining 245 bitcoin. The improvement is attributed to higher operational efficiency and reduced electricity costs following the company’s transition to spot pricing. Iris Energy’s Bitcoin Mining Efficiency Leads to Output Growth In its August 2024 investor update, Iris Energy … Read more

ADA and MATIC Struggle; DTX Presale Touted as Next Moonshot

Former Bitcoin Analyst Picks DTX Presale as Next Moonshot; Nothing as ADA and MATIC’s Sluggishness A former Bitcoin analyst has identified the DTX presale as the next big opportunity, leaving ADA and MATIC struggling to keep up. Despite Cardano’s (ADA) recent hard fork and Polygon’s (MATIC) transition to POL, both tokens have shown sluggish performance … Read more

Trump Leads Harris by 7%, Wins Majority of Swing States, Polymarket Betting Shows

According to recent Polymarket data, former President Donald Trump is ahead of Vice President Kamala Harris by seven percentage points as of Sept. 5, 2024. Polymarket’s betting on six key swing states shows Trump leading in four, including Arizona, Georgia, Pennsylvania, and Nevada. Trump Holds 7% Lead Over Harris on Polymarket, General Polls Show a … Read more

Bitcoin and Ethereum ETFs Record $74 Million in Outflows, Grayscale Funds Lead Losses

On Sept. 4, 2024, the 12 U.S. spot bitcoin exchange-traded funds (ETFs) saw $37.29 million in outflows, while their ethereum counterparts, the nine spot ether ETFs, experienced roughly $37.51 million in reductions. Grayscale’s GBTC and ETHE Lead Withdrawals Both bitcoin and ethereum ETFs saw money flowing out on Wednesday, with nearly identical divestments. According to … Read more