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Bitdeer Posts $531.9M Q4 Loss Amid Heavy ASIC Investments, Eyes 40 EH/s Hashrate Target  

Bitdeer Technologies Group reported a $531.9 million net loss for Q4 2024 as it invested heavily in proprietary mining hardware development, including $243.4 million in payments to chip manufacturer Taiwan…

Continue ReadingBitdeer Posts $531.9M Q4 Loss Amid Heavy ASIC Investments, Eyes 40 EH/s Hashrate Target  

Peter Schiff Rips Michael Saylor’s Bitcoin Boldness, Slams Strategy and BTC Investors

As bitcoin dipped on Monday and into Tuesday, Peter Schiff—a vocal economic pundit and longtime BTC skeptic—leveraged the digital asset’s decline to lob a critique at Strategy’s Michael Saylor and…

Continue ReadingPeter Schiff Rips Michael Saylor’s Bitcoin Boldness, Slams Strategy and BTC Investors

Blackrock Under the Microscope: Financial Institution Shifts Millions in Crypto to Coinbase

Blackrock has transferred about 18,168 ether and 1,800 bitcoin, worth around $44 million and $160 million, to the centralized crypto platform Coinbase. Blackrock’s Digital Asset Strategy and Rebalancing in the…

Continue ReadingBlackrock Under the Microscope: Financial Institution Shifts Millions in Crypto to Coinbase