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Bitcoin News

Thai Authorities Bust Illegal Bitcoin Mining Operation Causing Power Outages

Thai authorities have discovered an illegal Bitcoin mining operation responsible for recent power outages in a town west of Bangkok.  According to local reports, the...

Bitcoin Sees Surge in Demand as Fed Hints at Interest Rate Cut

Bitcoin demand among U.S. investors has increased massively after the Federal Reserve suggested it might lower interest rates.s. This news led to a noticeable...

Hong Kong Bitcoin ETFs Reach $256m but Lag Behind the U.S

Hong Kong’s spot Bitcoin exchange-traded funds (ETFs) have recently crossed HK$2 billion (about $256 million) in assets under management (AUM).  Although this marks steady progress...

Justin Sun’s USDD Drops 12,000 BTC Without DAO Approval

USDD, the algorithmic stablecoin associated with Justin Sun and the TRON blockchain, has removed around 12,000 bitcoins from its collateral, with no corresponding approval...

Mt. Gox Transfers $709 Million in Bitcoin to Unknown Wallet

The defunct Japanese exchange Mt. Gox moved 12,000 Bitcoin worth $709.4 million to an unknown wallet. The transfer, executed at 11:39 p.m. UTC, sent...

Metaplanet’s Stock Jumps 14% After ¥1B Bitcoin Purchase

Japanese investment firm Metaplanet recorded a 14% increase in its stock price after making a large Bitcoin purchase. Yahoo Finance reported that the company...

Analyst Doubts Bitcoin Will Reach 70% Dominance Again

In a recent interview with The David Lin Report, Benjamin Cowen, the founder of Into The Cryptoverse, expressed doubt about Bitcoin regaining the dominance...

Bitcoin Miners Could Earn $13.9 Billion Yearly by Shifting Energy to AI and HPC

Bitcoin miners may have the chance to earn an extra $13.9 billion each year by 2027 if they start providing energy to the growing...

PayPal’s Peter Thiel Warns Society Isn’t Ready for Bitcoin’s Potential

In a recent appearance on the Joe Rogan Experience, PayPal co-founder Peter Thiel discussed Bitcoin, stating that despite its immense potential, society is not...

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