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Tether is building a gateway for new players to enter Bitcoin mining by releasing its Bitcoin Mining OS (MOS) as open-source software by the end of 2025, according to CEO Paolo Ardoino.
In a June 9 post on X, Ardoino explained that the move will lower barriers for small and independent miners. Tether expects to fuel greater competition in securing the Bitcoin network by making the MOS code public...
Strategy has acquired an additional 1,045 Bitcoin (BTC) $110.2 million, according to a June 9 filing with the US Securities and Exchange Commission.
The purchase occurred between June 2 and June 8 at an average price of $105,426 per coin.
Strategy’s total Bitcoin stash now amounts to 582,000 BTC. The company’s average price now stands at $70,086, bringing its cumulative investment to about $40.79...
Public PoW blockchain Kadena makes its first capital deployment from a $50 million grants program, backing UK startup CurveBlock in the Bank of England’s Digital Securities Sandbox.
Kadena has awarded the first grant from its new $50 million ecosystem fund, allocating $400,000 to CurveBlock, a UK-based startup building tokenized real estate inside a regulated financial sandbox.
The milestone...
Could Marathon Digital Holdings be in exploratory talks with Exxon Mobil and Saudi Aramco to colocate Bitcoin mining units at oilfields, directly tapping flare-gas for power?
Crypto Twitter thinks it’s possible, and if confirmed, the partnership could turbocharge the scale and legitimacy of gas-to-Bitcoin operations, turning waste methane into a monetized digital asset while addressing ESG...
The number of transactions waiting in Bitcoin’s mempool has been thin since mid-May, a rare event in bull markets.
This prolonged quiet spell has pushed median fee rates down to 1 sat/vB or less, left many blocks underfilled, and revived long-term questions about the health of Bitcoin’s fee market.
Some reports showed that the 7-day average of confirmed daily transactions fell to 317,000 in early...
Bitcoin spot trading on centralized exchanges has fallen to its lowest point in over four years, according to data from CryptoQuant.
Crypto analyst Axel Adler Jr. noted that current spot volumes mirror levels last seen in October 2020. According to him, this shift points to a broader market trend in which Bitcoin holders are refraining from moving their coins on-chain or selling them on spot...
Circle’s CRCL shares are drawing strong interest following the company’s recent listing on the New York Stock Exchange. The firm, best known for issuing the USDC stablecoin, has seen its stock price rise sharply since launch.
Data from Yahoo Finance shows Circle’s stock climbed nearly 22% in pre-market trading, reaching above $130 before retracing slightly at open to $123. This follows an earlier...
Michael Saylor, chairman of Strategy and a long-time Bitcoin advocate, has dismissed concerns that quantum computing poses an imminent threat to the top crypto.
In a recent CNBC interview, Saylor argued that the narrative is exaggerated to promote speculative quantum-resistant tokens. He noted :
“It’s mainly marketing from people that want to sell you the next quantum yo-yo token.”
According to...
Digital asset investment products attracted $224 million in inflows last week, extending a seven-week streak that now totals $11 billion, according to CoinShares‘ latest weekly report.
However, James Butterfill, CoinShares’ head of research, noted that the pace of inflows into these products continues to slow.
Butterfill pointed to rising uncertainty over US monetary policy as a key factor...
Spot Bitcoin ETFs have struggled to keep the inflow momentum they established in May. The first trading day of the month ended with a $267.5 million outflow, which followed the massive $616.1 million outflow on May 30.
Another $278.4 million outflow on June 5 and a smaller $47.8 million on June 6 effectively erased the two days of inflows ETFs saw this month. June 3 and June 4 saw modest inflows...