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Goldman Sachs Discloses $418 Million Bitcoin ETF Holdings

Global investment bank Goldman Sachs has reported holdings of $418 million in spot bitcoin exchange-traded funds (ETFs) in the second quarter. Its biggest position is a $238 million stake in…

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Study: Crypto and Bitcoin Lead as Reddit’s Most Mentioned Words in Investment Forums

A recent study by Cyber Metals, a JM Bullion company, analyzed the sentiment, vocabulary, and profanity within popular investment subreddits on Reddit, uncovering distinct trends in how different communities discuss…

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Cryptoquant: Bitcoin Miners Expand Capacity But Struggle to Stay Profitable

Bitcoin miners are expanding their hashing capacity, reaching new record highs despite ongoing challenges in profitability. This report from Cryptoquant Institutional Insights highlights that miners are selling off assets as…

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Tough Times for Bitcoin Miners: First Half of August Yields Just a Fraction of July’s Profits

With the first half of August in the rearview mirror, it’s clear that bitcoin miners are facing a challenging month, having only accumulated 36.36% of the total revenue they made…

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Marathon Digital Purchases $250M in Bitcoin (BTC) After Raising $300M Through Senior Notes

Marathon Digital Holdings (MARA), one of the largest publicly traded Bitcoin mining companies, has bought approximately $249 million worth of Bitcoin. The purchase was funded by successfully closing a $300…

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Coinshares Weighs Trump and Harris’ Impact on Bitcoin Ahead of 2024 Election

In a recent report, Coinshares and author Max Shannon examine the potential impact of the 2024 U.S. presidential election on bitcoin, with a focus on the policies and positions of…

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