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Hut 8 Corp. has reported $80.7 million in crypto-related revenue for 2024, driven by bitcoin mining and GPU-as-a-service operations. The company expanded its bitcoin reserve to 10,171 BTC and secured a $125 million partnership with Bitmain. Hut 8 Expands Bitcoin Mining and Digital Infrastructure with $125M Bitmain Deal Hut 8 Corp., a bitcoin mining and … Read more
Blockchain analysis reports from Arkham Intelligence indicate that North Korea’s Lazarus Group has fully laundered the ethereum (ETH) proceeds from the Bybit breach, with a significant share of the assets now converted into bitcoin (BTC). From ETH to BTC: Lazarus Group Now Holds 6,706 Bitcoin Worth $591M Examining 57 separate accounts, the hackers behind the … Read more
As of 4:35 p.m. ET on March 4, 2025, bitcoin commanded a valuation of $88,165, boasting a market capitalization of $1.72 trillion and a 24-hour trading volume of $69.81 billion. The digital asset oscillated between an intraday trough of $81,463 and a peak of $88,825, reflecting a market teetering between hesitation and ambition. Bitcoin Bitcoin‘s … Read more
As bitcoin holds steady above the $88,000 threshold, Michael Saylor’s Strategy (formerly Microstrategy) maintains a 29% gain on its extensive BTC holdings. Meanwhile, MSTR shares have climbed more than 11% over the past week, defying the broader downturn in the crypto sector. What If Strategy Bought Ether Instead of Bitcoin? A Massive Difference Answers That … Read more
President Donald Trump in what some have dubbed “The Trump Effect,” caused a 7.28% slump in crypto markets on Tuesday after confirming that the U.S. will slap a 25% tariff on nearly all Canadian and Mexican imports. Bitcoin Dips Below $82K Following Trump’s Tariff Announcement Bitcoin slid buy more than 8% on Tuesday as Trump … Read more
Salinas revealed details of how much bitcoin exposure he has in his personal portfolio in an interview with Bloomberg and described the cryptocurrency as “the hardest asset in the world.” Ricardo Salinas Doubles Down on Bitcoin, Holds 70% of His Portfolio in BTC Mexico’s third richest man, Ricardo Salinas, chairman and CEO of corporate conglomerate … Read more
David Bailey, a former aide of the Trump campaign, called for an audit of the U.S. bitcoin, stressing the current state of the digital assets owned by the U.S. was unacceptable. He remarked few or nobody was able to ascertain the state of the 200,000 BTC allegedly in possession of government agencies. Calls to Audit … Read more
The week began with bitcoin ETFs experiencing a net outflow of $74 million, while ether ETFs marked their eighth consecutive day of withdrawals, totaling $12 million. Bitcoin and Ether ETFs Continue to See Capital Outflows The crypto exchange-traded funds (ETFs) market commenced the week with continued outflows, as bitcoin ETFs experienced net outflows totaling $74.19 … Read more
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. This edition examines how the dynamics between the IMF and the Salvadoran government can serve as a framework for countries seeking to engage with bitcoin and the institution. Latam Insights Encore: IMF to Model … Read more
The price of bitcoin (BTC) plunged to $82,618 per coin as of 9 p.m. Eastern Time on Monday, marking a significant downturn in the broader cryptocurrency market. The total crypto economy has contracted by more than 12% against the U.S. dollar, now valued at $2.72 trillion. Bitcoin, Ethereum, and Solana Suffer Heavy Losses as Sell … Read more
