Bitcoin Mining Startup Primeblock to Go Public via SPAC Merger as SEC Targets SPAC Deals
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Bitcoin Mining Startup Primeblock to Go Public via SPAC Merger as SEC Targets SPAC Deals – Mining Bitcoin News

Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News about the disruptive protocols emerging…

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US Authorities Seize $34M in Crypto Linked to Illegal Dark Web Activity
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US Authorities Seize $34M in Crypto Linked to Illegal Dark Web Activity

Federal prosecutors in Miami, Florida, have seized $34 million worth of cryptocurrency in what has been described as “one of the largest cryptocurrency forfeiture actions ever filed by the United States.”  According to the U.S. Department of Justice (DoJ), law enforcement identified a South Florida resident “raking in millions” via an online alias selling stolen account information on the dark…

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Biggest future BTC whale explains why Bitcoin was chosen for 'decentralized Forex reserve'
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Biggest future BTC whale explains why Bitcoin was chosen for ‘decentralized Forex reserve’

Bitcoin (BTC) is the collateral asset of choice for the world’s biggest decentralized stablecoin, and one of its top executives says there was no other. Speaking to Bloomberg on April 4, Do Kwon, co-founder of Blockchain protocol Terra, pledged to continue buying BTC to back the firm’s stablecoin, TerraUSD (UST). Kwon: BTC buys will continue “in perpetuity” Terra has made…

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colombian
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Colombian Money Laundering Watchdog Postpones Crypto Transaction Reporting Resolution – Bitcoin News

The UIAF, which is the Colombian money laundering watchdog, has postponed the date on which exchanges and individuals must start reporting their transactions to the organization. The institution will now open a consulting period in which companies and individuals can present their thoughts regarding the proposed regulation, which might be modified before its application on June 1st. Colombian Watchdog…

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Bitcoin retail FOMO spikes most since 2017 but BTC price may still be 'doomed' — analyst
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Bitcoin retail FOMO spikes most since 2017 but BTC price may still be ‘doomed’ — analyst

Bitcoin (BTC) is seeing what looks like panic buying by retail investors, fresh data shows — but all might not be as it seems. In a tweet on April 4, William Clemente, lead insights analyst at Blockware, revealed a large spike in the BTC supply owned by smaller hodlers. 2022 retail FOMO spike “an outlier” Typically referred to as “retail,”…

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Inflows to Canadian Bitcoin ETFs hit all-time high: Glassnode
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Inflows to Canadian Bitcoin ETFs hit all-time high: Glassnode

Canadian Bitcoin exchange-traded fund (ETF) holdings have increased to all-time highs according to recent research, and spot-based products are leading the way. Canadian Bitcoin ETFs have increased their holdings by 6,594 Bitcoin (BTC) since January to reach an all-time high of 69,052 total BTC held. The Purpose Bitcoin ETF saw the biggest increase in holdings over that time period with…

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Gryphon and Sphere 3D merger scrapped but carbon-neutral mining continues
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Gryphon and Sphere 3D merger scrapped but carbon-neutral mining continues

Despite the canceled merger between Gryphon Digital Mining and Sphere 3D, the two firms still intend on building out carbon-neutral Bitcoin mining operations. An April 4 joint statement from the two crypto mining companies revealed that scrapping the merger was a mutual decision “due to changing market conditions, the passage of time, and the relative financial positions of the companies.”…

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