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Bitcoin Market Reaches ‘Equilibrium’ as Speculation Declines, Glassnode Reports

The bitcoin market has hit a phase of tranquility, where investor enthusiasm has cooled, and speculative activity has sharply decreased. According to a thorough report from Glassnode, this quiet spell…

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Bitcoin ETFs Lose $105M in Outflows as Ether ETFs Snap Losing Streak

On Wednesday, spot bitcoin exchange-traded funds (ETFs) experienced $105.19 million in outflows, while spot ethereum ETFs managed to break their nine-day losing streak, pulling in $5.84 million in inflows. Spot…

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Bitcoin’s Latest Difficulty Rise Challenges Miners Already Facing Revenue Slump

On Aug. 28, Bitcoin’s mining difficulty bumped up by 2.99% at block height 858,816, pushing the metric from 86.87 trillion to a hefty 89.47 trillion. This tweak adds a bit…

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Missouri Man Arrested for Extorting Former Employer With Bitcoin Ransom

A Missouri man, Daniel Rhyne, was arrested for attempting to extort his former employer, a New Jersey-based industrial company. Rhyne, a former core infrastructure engineer for the company, allegedly sent…

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Bitfarms Takes Control of Its First US Mega-Site to Expand Bitcoin Mining Capacity

Bitfarms Ltd., a bitcoin mining company, announced on Tuesday that it has taken control of its new data center in Sharon, Pennsylvania. “This site represents Bitfarms’ first mega-site in the…

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Donald Trump Launches 4th NFT Collection Featuring Him Holding Bitcoin — Says ‘They Call Me Crypto President’

Former U.S. President Donald Trump has released a fourth series of non-fungible token (NFT) digital trading cards. The collection includes 50 unique cards, featuring images such as Trump holding bitcoin.…

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