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Lightning Labs Rolls out Taproot Assets Seeking to Bring Stablecoins to Lightning Network

Lightning Labs, an institution dedicated to research and development related to the Lightning Network, Bitcoin’s second layer, has announced the rollout of Taproot Assets. This solution allows for issuing multiple…

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Hive Announces Plans to Move Into Paraguay Amidst Bitcoin Mining Power Hike Turmoil

Hive Digital, a public green bitcoin mining company, announced plans to build a 100MW site in Paraguay, having connected with President Santiago Peña and his cabinet. Hive stated that stability…

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US Bitcoin ETFs Draw $44.51M in Inflows; GBTC Sees Another Round of Outflows

While U.S. spot ether exchange-traded funds (ETFs) experienced outflows on Wednesday, bitcoin ETFs saw inflows totaling $44.51 million. Blackrock’s IBIT led with gains of $65.99 million, followed by Ark Invest’s…

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Wyoming Senator to Propose Bill for US Central Bank to Hold Bitcoin, Report Says

Senator Cynthia Lummis of Wyoming is preparing to introduce new legislation that would require the Federal Reserve to hold bitcoin as a strategic reserve asset, as reported by Fox Business…

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US Bitcoin ETFs See $78M Outflow, Breaking 12-Day Inflow Streak

U.S. spot bitcoin exchange-traded funds (ETFs) experienced a downturn on Tuesday, with $77.97 million exiting, breaking a streak of 12 consecutive days of inflows. In contrast, the newly launched spot…

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US Spot Bitcoin ETFs See Record $533.57M Inflows Ahead of Ether ETF Launch

Ahead of the spot ether exchange-traded funds (ETFs) launch, U.S. spot bitcoin ETFs experienced their 12th consecutive day of inflows, accumulating $533.57 million on Monday. This influx marked the highest…

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Excessive Greed: More Bitcoin Mining Companies Are Abandoning Paraguay for Brazil

The recent power hikes that ANDE has enacted for Bitcoin mining companies are already impacting their operations in Paraguay. According to recent reports, the Penguin Group, a cryptocurrency mining operator,…

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Leading BTM Operator, Bitcoin Depot, Will Add Bitcoin to Its Treasury Reserves

Bitcoin Depot, a company that operates more than 7,400 bitcoin ATMs in the U.S., has announced that it will allocate part of its cash reserves to build a bitcoin treasury,…

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Research Shows Institutional Custodians and ETFs Drive Significant Bitcoin Market Movements

The bitcoin market recently saw a significant sell-off, absorbing over 48,000 BTC from the German government. Amidst this and upcoming Mt Gox distributions, a report from Glassnode researchers explores how…

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