Bitcoin miner Hut 8 Corp. has entered into a definitive power purchase agreement for a site in West Texas. The agreement provides Hut 8 with 205 megawatts of power capacity, marking the first conversion from its 1,100 megawatts development pipeline. Hut 8 Finalizes 205 MW Power Purchase Agreement in West Texas The new site, connected […] Source: https://news.bitcoin.com/bitcoin-miner-hut-8-secures-205-mw-power-agreement-in-texas/
Month: July 2024
Chamber of Progress says Biden can ‘still win’ on crypto against Trump
According to the advocacy group, the US President still has an opportunity to counter Donald Trump’s “change of heart on cryptocurrency” by supporting regulation. Source: https://cointelegraph.com/news/chamber-progress-us-president-biden-win-crypto-trump?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Investors lose $1.6M after Doja Cat’s X reportedly hacked to promote scam coin
A hacker reportedly posted to Doja Cat’s X account telling fans to “buy $DOJA or else.” Source: https://cointelegraph.com/news/investors-lose-1-6-million-doja-cat-x-reportedly-hacked?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Singapore’s Largest Bank DBS Sees Digital Exchange Business Boom
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports DBS, the biggest bank in Singapore, has seen trading volume on its digital exchange skyrocket this year. The value of digital payment tokens traded on DBS…
Key Bitcoin price metric drops to a 2-week low — Is the BTC bull market over?
Bitcoin price has dropped to a worrying low, leading some traders to throw in the towel and claim the bull run is over. Source: https://cointelegraph.com/news/key-bitcoin-price-metric-drops-to-a-2-week-low-is-the-btc-bull-market-over?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Hut 8 expands mining operations with power deal in West Texas
Hut 8 secured a purchase agreement for 205 megawatts of power and land in West Texas, expanding its energy infrastructure to about 1.3 gigawatts of capacity. Source: https://cointelegraph.com/news/hut-8-expands-mining-operations-power-deal-west-texas?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Invesco Ether ETF sets fees at 0.25% as competition among issuers heats up
The proliferation of proposed spot Ethereum ETFs could benefit spot investors as fund sponsors compete on management fees. Source: https://cointelegraph.com/news/invesco-ether-etf-fees-competition-issuers-heats-up?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin’s Price Steady as Powell Points to Progress on Inflation Fight
In brief Federal Reserve Chairman Jerome Powell declined to speak on the potential timing of rate cuts. Powell highlighted risks associated with tight monetary policy—a bullish sign, according to Grayscale’s research head. Traders are penciling in a 71% chance of an interest rate cut in September, per CME FedWatch. We do the research, you get the alpha! Get exclusive reports…
Bitcoin Fear and Greed Index hits lowest level since January 2023
Lower levels on the Fear and Greed Index indicate negative investor sentiment, while higher levels indicate a fear of missing out. Source: https://cointelegraph.com/news/bitcoin-fear-greed-index-lowest-january-2023?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
German Government Sells $220.7M in Bitcoin, Retains $1.3B Reserve
According to the latest tally, onchain data collected at 12 p.m. EDT on July 9 indicates that the German government has sold 3,840 BTC valued at $220.7 million since 4:30 p.m. EDT on July 8. Bitcoin Holds Strong Amidst Germany’s Selling Pressure The German government’s wallet now holds 22,846 BTC following multiple transfers and deposits […] Source: https://news.bitcoin.com/german-government-sells-220-7m-in-bitcoin-retains-1-3b-reserve/