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Digital Currency Group (DCG) has launched Fortitude Mining, a subsidiary focused on mining bitcoin and emerging digital assets, on Jan. 29, 2025, appointing former Foundry executive Andrea Childs as CEO. Fortitude Mining, New DCG Subsidiary, Targets Bitcoin and Emerging Crypto Assets According to the announcement shared with Bitcoin.com News, Fortitude Mining will operate as a … Read more
Trump Media is launching Truth.Fi with up to $250 million for investments in bitcoin, other cryptocurrencies, crypto-related securities, ETFs, and industries supporting U.S. economic growth. Trump Media Launches Truth.Fi, Investing in Bitcoin, Crypto, and ETFs Trump Media and Technology Group Corp. (Nasdaq: DJT), operator of the social media platform Truth Social and the video streaming … Read more
Bitcoin mining operations in Paducah, Kentucky, are drawing substantial electrical resources, per recent municipal disclosures. Local utility provider Paducah Power identifies two bitcoin mining firms among its 10 largest industrial electricity consumers. Bitcoin Operations Drive Paducah’s Energy Economy As detailed in a report by the West Kentucky Star, Doug Handley, an executive at Paducah Power, … Read more
As bitcoin vaulted past $100,000, long-inactive wallets abruptly awakened, their enigmatic microtransactions igniting theories about whether elusive stakeholders are conducting trial runs or camouflaging grander financial maneuvers. Dust-Sized Bitcoin Transfers Sometimes Precede Covert Wealth Transfers Blockchain data from the past few months exposes a curious reanimation of idle coins, coinciding with bitcoin’s breach of the … Read more
Bitcoin spot ETFs experienced a total net inflow of $18.44 million with only two ETFs seeing funds flowing in and out. Green Trading Day for Bitcoin ETFs U.S. spot bitcoin exchange-traded funds (ETFs) rebounded from the significant outflow with modest gains of $18.44 million, according to trading metrics from Sosovalue. On a quiet trading day, … Read more
Bitcoin’s decline has rattled markets, with China’s Deepseek fueling volatility, yet an expert suggests this is no time to panic, hinting at hidden opportunities ahead. Bitcoin Price Sliding: Will Deepseek’s Impact Drag BTC Lower? Expert Explains Bitcoin’s recent slip below the $100,000 threshold has sparked apprehension among investors, but Nigel Green, CEO of the global … Read more
Arizona’s decision to explore investments in digital assets, such as bitcoin is indicative of a growing tendency in states to diversify public finances. Arizona Takes Major Leap Toward Strategic Bitcoin Reserve Arizona lawmakers have taken a significant step toward embracing bitcoin, with the state Senate Finance Committee approving the “Arizona Strategic Bitcoin Reserve Act” (SB1025) … Read more
Bitcoin and ether exchange-traded funds (ETFs) started the week in the red with $457 million and $136 million in outflows. 7-Day Inflow Streak Comes to an End With Significant Outflow U.S. spot bitcoin ETFs experienced a net outflow of $457.48 million on Monday, Jan. 27, following seven consecutive days of positive inflow. Fidelity’s FBTC led … Read more
Hive Digital Technologies Ltd. announced the acquisition of Bitfarms’ 200 MW hydro-powered Bitcoin mining facility in Yguazú, Paraguay, aiming to increase its global mining capacity to 25 exahash per second (EH/s) by September 2025. Hive Digital Expands to 430 MW Global Capacity with Paraguay Hydro-Powered Site The $56 million deal includes a 240 MVA substation, … Read more
The strategic bitcoin roadmap by Metaplanet for 2025 and 2026 will see the company establish itself as one of the largest bitcoin owners globally. Metaplanet Doubles Down on its Bitcoin Position Metaplanet, fondly known as Asia’s MicroStrategy, has announced that it will raise approximately $745 million (¥116 billion) for more bitcoin purchases by issuing 21 … Read more
