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Canaan Inc. reported $269.3 million in revenue for 2024, with bitcoin mining revenue surging 312% year-over-year to $44 million. The company also expanded its North American mining footprint, securing new agreements in Pennsylvania and Texas to add 4.7 EH/s of computing power. Canaan Reports $269M in Revenue Canaan Inc., a crypto mining hardware manufacturer, has … Read more
Bitcoin ETFs recorded an eighth consecutive day of inflows totaling $27 million, led by Blackrock’s IBIT, while ether ETFs resumed outflows, losing $3 million. Bitcoin ETFs Achieve Eighth Consecutive Day of Inflows With $27 Million Addition Investor enthusiasm for bitcoin ETFs remained strong on Tuesday, March 25, with an additional funds inflow of $26.83 million, … Read more
Marion Laboure, managing director and macro strategist at Deutsche Bank, stated that she viewed Trump’s bitcoin reserve move as nothing new, just a continuation of the crypto evolution that started last year. She also noted that many cryptocurrencies were destined to crash. Deutsche Bank Strategist Disregards Trump’s Admin Bitcoin Reserve: ‘Nothing New’ The policy pivot … Read more
Marion Laboure, managing director and macro strategist at Deutsche Bank, stated that she viewed Trump’s bitcoin reserve move as nothing new, just a continuation of the crypto evolution that started last year. She also noted that many cryptocurrencies were destined to crash. Deutsche Bank Strategist Disregards Trump’s Admin Bitcoin Reserve: ‘Nothing New’ The policy pivot … Read more
Bitcoin’s hashrate has been climbing steadily, with the network adding 40 exahash per second (EH/s) over the past five days, reaching 836 EH/s—edging close to the protocol’s historical peak. In addition, as bitcoin’s price has moved upward, the hashprice—representing the estimated daily earnings from one petahash per second (PH/s) of computing power—has also seen an … Read more
Data from coinatmradar.com reveals a net decline of 971 bitcoin automated teller machines (ATMs) globally in March, punctuated by a fleeting resurgence of 188 installations in the month’s final week. 2025’s First Reduction: 971 Bitcoin ATMs Vanish The once-expansive proliferation of crypto ATMs has plateaued in recent years, with 2022 marking the first annual contraction … Read more
Gamestop has unveiled a bitcoin reserve strategy, aligning with soaring institutional BTC adoption while sitting on a $4.8 billion cash stockpile, fueling its most disruptive pivot yet. $4.8B on Deck: Gamestop to Load Treasury With Bitcoin—Is the Game Just Beginning? Gamestop Corp. (NYSE: GME) announced on March 25 that its board of directors had “unanimously … Read more
Coin Metrics’ latest State of the Network report reveals bitcoin miners are balancing stabilized revenues and persistent fee pressures post-halving through hardware upgrades and renewable energy adoption, amid geopolitical supply chain risks. China Tariffs, Texas Renewables, and AI: Inside Bitcoin Mining’s 2025 Transformation Coin Metrics’ Q1 2025 State of the Network report highlights stabilized bitcoin … Read more
Bitcoin ETFs continued their positive momentum with a seventh consecutive day of inflows, adding $84 million on March 24. Meanwhile, Ether ETFs ended a 12-day streak of outflows, recording neutral activity for the day. Bitcoin ETFs Look to Reclaim $100 Billion in Net Assets The show of strength from bitcoin ETFs continued into the new … Read more
KULR Technology Group, Inc. announced Tuesday that it purchased an additional $5 million in bitcoin for its corporate treasury, increasing total holdings to $65 million. KULR Purchases $5M in Bitcoin at $88,824 Average Price, Total Spend Hits $65M The Houston-based energy management firm, KULR Technology Group, Inc. (NYSE: KULR), acquired the bitcoin at a weighted … Read more