First in History: Bitcoin Miners Now Need More Than 1 EH/s of Power to Mine 1 BTC

As explained by CryptoQuant’s head of research, Julio Moreno, in an email to X, BTC Hashcoin has set a new record. On-chain data shows that for the first time in history, Bitcoin miners require more than 1 EH/s of daily computing power to mine just 1 token of the asset. Bitcoin Hashcoin Has Set a […]

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Russia Will Apply Restrictions on Cryptocurrencies, Exempts Miners and CBDCs

Russia imposes strict restrictions on cryptocurrencies starting September 1, but exempts miners. Its goal is to strengthen the ruble and control cryptocurrencies amid geopolitical tensions. The debate persists, as Russia’s Finance Minister advocates regulated use. Starting September 1, Russia will apply strict restrictions on the general circulation of crypto assets such as Bitcoin. Only digital […]

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Australian Stock Exchange (ASX) to List First Batch of Spot Bitcoin ETFs

Bitcoin ETF spot trend grows in Asia after US and Hong Kong approvals. ASX will list Bitcoin ETFs first by the end of 2024. ASX is expected to list DigitalX, VanEck and BetaShares Bitcoin ETFs while Monochrome opts for Cboe Australia. The Australian Stock Exchange (ASX) is preparing to list its first batch of approved […]

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Top Bitcoin Mining News

Another week closes for the hectic world of cryptocurrencies and some pieces are already beginning to fall into place for companies in the mining sector after the historic fourth halving. In the spot market the matter is more complex and the price of the largest cryptocurrency remains relatively stagnant. There is no official theory about […]

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BlackRock’s Bitcoin Spot ETF Failed to Receive Inflows for Three Consecutive Days

BlackRock’s iShares Bitcoin Trust (IBIT) fund has received no new investments. This lack of flow does not necessarily indicate a decrease in investor interest. The lack of entries in BlackRock’s IBIT comes as Bitcoin consolidates. BlackRock’s Bitcoin ETF experienced three consecutive days of no new investments. This is in stark contrast to other Bitcoin ETF […]

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