Hut8’s Bitcoin production decreased 30% in Q1

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Binance’s regulatory woes don’t seem to scare crypto investors

Ad The Commodities Futures Trading Commission (CFTC) filing against Binance represented the culmination of increased regulatory pressure on the crypto industry.  On March 27, the CFTC sued the company, its CEO Changpeng Zhao (CZ), and its compliance lead Samuel Lim for violating commodities regulations in the U.S. The market reacted switftly to the filing, with…

21Shares launches ETP for Bitcoin L2 network Stacks

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Bitcoin crossed 800M transactions in 2023 Q1; price grows 70%

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Bitfarms Q1 Bitcoin production rose 35% to 1,297 BTC YOY

Ad Bitcoin (BTC) mining firm Bitfarms said its BTC production increased 35% to 1,297 BTC in the first quarter of the year compared to what it produced during the same period last year. In an April 3 statement, Bitfarms detailed how Bitcoin’s improved price performance helped it strengthen its balance sheet and reduce its debt…

U.S. government sold over 9k BTC for $215.7M on March 14

Ad The United States government said it sold 9,861.17 Bitcoin on March 14 for $215.7 million, according to a March 31 court filing. According to the court document, the sold BTC was part of the 51,351 seized from James Zhong. Zhong pleaded guilty to wire fraud after the government arrested him for unlawfully obtaining digital…

CryptoSlate wMarket Update: Mixed market performance sees Bitcoin drop below $28,000

Ad The cryptocurrency market cap saw net outflows of around $20 billion over the last 24 hours and currently stands at $1.17 trillion — down 1.55% from $1.19 trillion. During the reporting period, Bitcoin and Ethereum’s market cap fell by 2.38% and  2.04% to $539.89 billion $216.15 billion, respectively. All top 10 crypto assets performed…

Denmark Supreme Court rules that Bitcoin gains are taxable

Latest Report De-dollarization: Do all roads eventually lead to Bitcoin? The U.S. dollar’s reign as the reserve currency of the world could be coming to an end. CryptoSlate’s latest market deport explores the de-dollarization of the world to find what role will Bitcoin play in the global economy. Andjela Radmilac · 5 days ago