A recently published study demonstrates that Bitcoin mining operations across the USA are significantly increasing air pollution levels. This unprecedented increase is subjecting millions of Americans to fine particulate matter (PM2.5) which can be harmful. The research, conducted by the Harvard T.H. Chan School of Public Health, highlights the environmental...
Donald Trump's recent actions have ignited a global competition among nations to embrace Bitcoin, potentially reshaping the geopolitical landscape and financial systems. His initiatives, along with increasing institutional interest, point to a paradigm shift in the way countries perceive and embrace cryptocurrency.Trump’s pledge to make crypto legislation and a bitcoin...
The dollar index subsequently dove to a three-year low. This dramatic drop came against the backdrop of rising concerns over Federal Reserve independence. This decline sparked a panic-induced sell-off of the dollar versus most major currencies, reverberating through global financial markets.The dollar index dropped to 98.5, its lowest level since...
Cathie Wood’s Ark Invest has just released a brand new Bitcoin price prediction. In fact, they’re predicting that it could increase to $2.4 million per coin by 2030. This optimistic projection, announced on Thursday, put Ark Invest on the list of the most optimistic voices forecasting Bitcoin to reach such...
Semler Scientific, a provider of medical risk-assessments, announced $500 million in offering of new securities. The company intends to use the net proceeds "primarily for general corporate purposes, including the acquisition of bitcoin." This action would raise Semler Scientific’s already large Bitcoin assets to a great degree.The company’s current stock...
CleanSpark, Inc. is America’s Bitcoin miner. In November 2022, they further broadened this financial strategy by announcing the completion of a $200 million revolving credit facility secured with Coinbase Prime. This announcement represents an important milestone on the company’s path to self funding and further expansion. CleanSpark plans to utilize...
Tether, the company behind the world’s largest stablecoin USDT, has increased its investment in Bitcoin mining company Bitdeer. In April, it raised approximately $32 million in equity funding. This shift marks Tether’s increasing appetite for the Bitcoin mining industry, despite challenging market headwinds for many Bitcoin mining companies. Despite the...
Auradine, a startup building hardware for Bitcoin mining and AI, recently raised a massive $153 million. This funding round was co-led by StepStone Group. The extension of the Series D round included participation from Samsung Catalyst Fund, Qualcomm Ventures and other unspecified investors. This new funding pushes Auradine’s total outside...
In fact, Bitcoin’s price movements seem to track the expansion of global liquidity almost tic-for-tac. If additional monetary stimulus comes to fruition, this cryptocurrency would likely rocket to new all-time highs. Look, bitcoin has an implied price correlation with global M2 liquidity of over 84%. This very robust relationship speaks...
Tether Holdings SA, Cantor Fitzgerald and SoftBank Group have partnered to establish a new firm. They are pleased to announce the launch of Twenty One Capital, a fund dedicated to investing in Bitcoin. So far, the venture is on track to be one of the biggest public holders of the...
