Bitfarms stock rises 22% after Q2 loss came out better than expectations
Bitfarms stock had a strong trading session on Aug. 8 amid lower-than-expected losses in its latest quarterly earnings report. Go to Source
Bitcoin Halving
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World’s largest Bitcoin miner increased BTC holdings by $124M in July
Marathon Digital holds over $1.1 billion worth of Bitcoin after the company decided to go full ‘HODL.’ Go to Source
Bitfarms monthly Bitcoin earnings up 34% amid increased hashrate
Bitfarms CEO Ben Gagnon said that the company earned 62% more Bitcoin since the Bitcoin halving event in April. Go to Source
What happens when 1% of Bitcoin holders control 99% of BTC supply?
Whales have amassed a large portion of the Bitcoin in circulation, with around 1.86% of addresses holding most of the supply. Go to Source
Political undertones stand out as Bitcoin 2024 hits Nashville
The Bitcoin 2024 conference is underway in Nashville – with Donald Trump’s address scheduled for July 27 a major drawcard to the event. Go to Source
World’s largest BTC miner Marathon buys $100M BTC to go ‘full hodl’
Marathon remains bullish on Bitcoin price in the long term, as it sold none of the BTC it mined during June. Go to Source
Bitcoin Runes protocol sees sharp decline in popularity
The Bitcoin Runes protocol initially dominated daily transactions post-launch but is now seeing a decline, with BTC reclaiming its network dominance. Go to Source
Arthur Hayes’ Maelstrom fund announces Bitcoin grant program of up to $250k per developer
The new Bitcoin grants program could invite more innovation for Bitcoin-native DeFi, or BTCFi. Go to Source
Mining company TeraWulf pays off outstanding debt early
The payment will allow the company to focus on scaling operations rather than keeping up with debt obligations in the post-halving environment. Go to Source
Bitcoin mining difficulty hits lowest level since March as price tops $57K
The drop in mining difficulty should spell relief for the largest mining firms. Go to Source
