Seren Lindholm – Page 2

Bitcoin mining protocol Prosper bags token funding from BIT Mining

Decentralized protocol Prosper secures investment from BIT Mining as it expands its solution to include institutional-grade Bitcoin mining and liquidity farming. Prosper, a decentralized protocol bridging Bitcoin (BTC) mining to the blockchain by providing hashrate-backed tokens representing live Bitcoin mining power, has announced that BIT Mining has made a strategic... read more →

Seren Lindholm
November 14, 2024
Bitcoin

Swiss digital bank Sygnum says nearly 60% of institutional investors bet long on crypto

With a focus on crypto’s long-term upside, Sygnum Bank finds institutional investors prioritizing exposure to web3 assets amid global economic uncertainty. High-net-worth investors are showing growing confidence in crypto’s long-term potential, driven by portfolio diversification needs and macroeconomic hedging. According to a recent survey conducted by Swiss digital bank Sygnum... read more →

Seren Lindholm
November 14, 2024
Bitcoin

Bitcoin open interest hits an ATH of $55.7b: here’s what to expect

Bitcoin’s open interest in futures markets recently reached an all-time high amid the latest market upsurge that has seen the asset claim new price peaks. The Bitcoin (BTC) OI has spiked to $55.7 billion, indicating a massive increase in trading activity and investor interest, according to the data aggregator Coinglass.... read more →

Seren Lindholm
November 14, 2024
Bitcoin

Bitcoin surpassed $93k after CPI report; here are 2 more macro events to watch

Bitcoin made an impressive run after the U.S. Consumer Price Index report came as expected. But two more key events could add to the positive sentiment this week. Bitcoin (BTC) reached a new all-time high of over $93,400 hours after the U.S. CPI report was released on Wednesday. The inflation... read more →

Seren Lindholm
November 14, 2024
Bitcoin

Senator to Push the Bill in Trump’s First 100 Days

The Senate hopes to push through a Bitcoin reserve bill in the first 100 days of Trump’s presidency while the Republicans consult on crypto policy. American Senator Cynthia Lummis expressed optimism that plans to create a strategic Bitcoin (BTC) reserve will be implemented soon after Donald Trump‘s inauguration. “I believe... read more →

Seren Lindholm
November 14, 2024
Bitcoin

Bitcoin Soars Amid a Perfect Storm of Global Change

Why are investors feeling more optimistic than ever about Bitcoin? From sentiment indicators to market dynamics, here’s what’s sparking all the excitement. Historic highs and market dynamics Bitcoin (BTC) is experiencing a remarkable resurgence after a prolonged period of volatility. As of Nov. 12, BTC is trading near the $90,000... read more →

Seren Lindholm
November 13, 2024
Bitcoin

Bitcoin trading volume hits new all-time driven by retail demand

Bitcoin, the world’s largest crypto asset, hit a record-high trading volume after the cryptocurrency reached a new all-time high of $89,956 on Nov. 12. According to a Matrixport report, Bitcoin’s trading volume soared above $145 billion in the past 24 hours, marking a new all-time peak that stands roughly 50%... read more →

Seren Lindholm
November 13, 2024
Bitcoin

Thai authorities bust Bitcoin mining rigs, charges two over $280k theft: report

Thailand charges two for stealing over $280,000 in electricity for illegal Bitcoin mining. Thai authorities have cracked down on illegal Bitcoin (BTC) mining operations, shutting down nine illicit sites and arresting two suspects on charges of electricity theft, valued at over $280,000, The Straits Times has learned. The operation, which... read more →

Seren Lindholm
November 13, 2024
Bitcoin

BlackRock’s IBIT maintains strong inflows of $778.2m despite Bitcoin price correction

BlackRock’s IBIT fund continued to see strong inflows for the fourth consecutive day, with $778.2 million flowing into the fund on Nov. 12, while other ETFs experienced a slowdown as Bitcoin dipped below $86,000. According to data compiled by SoSoValue, the 12 spot Bitcoin ETFs recorded net inflows of $817.54... read more →

Seren Lindholm
November 13, 2024
Bitcoin

AI startup Genius Group picks Bitcoin as main treasury asset

Bitcoin as an institutional reserve asset gained more traction as a Singapore-based AI company took a page from MicroStrategy’s book. Per a press statement, publicly-traded artificial intelligence firm Genius Group will onboard Bitcoin (BTC) as its main treasury holding and immediately purchase $120 million worth of the world’s leading cryptocurrency.... read more →

Seren Lindholm
November 12, 2024
Bitcoin

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