Bitcoin News

Bitcoin mining in Russia has surged, with demand for industrial mining equipment tripling compared to the same period in 2023, according to Prime.

Cliff Asness, the co-founder of AQR Capital and a prominent hedge fund manager, remains critical of Bitcoin, labeling it a potential “bubble” with no clear use case.

The U.S. Department of Justice (DOJ) plans to sell $6.5 billion worth of Bitcoin connected to the Silk Road, the infamous dark web marketplace shut down in 2013.

Macro strategist and ex-Goldman Sachs executve Raoul Pal believes Bitcoin may be on the cusp of a significant surge, drawing parallels to its behavior in 2016.

BlackRock has introduced its iShares Bitcoin ETF to Canadian investors, providing a simplified way to gain Bitcoin exposure without direct ownership.

In a striking example of the challenges faced by even the largest crypto investors, a Bitcoin whale recently endured a $13 million loss in just six days due to poorly timed decisions during a volatile market phase.

The cryptocurrency market experienced significant turmoil on Monday, with its global market capitalization dropping by over 6%, from $3.34 trillion to $3.11 trillion.