Iris Energy has reported a 10% increase in bitcoin production during August 2024, with the company mining 245 bitcoin. The improvement is attributed to higher operational efficiency and reduced electricity costs following the company’s transition to spot pricing. Iris Energy’s Bitcoin Mining Efficiency Leads to Output Growth In its August 2024 investor update, Iris Energy […] Source: https://news.bitcoin.com/bitcoin-miner-iris-energy-increases-mining-output-by-10/
Month: September 2024
Kamala Harris’ campaign isn’t directly accepting crypto — a Super PAC is
A spokesperson for the Harris campaign confirmed with Cointelegraph that the Future Forward PAC was set up to receive crypto donations to support the Democratic candidate. Source: https://cointelegraph.com/news/kamala-harris-campaign-crypto-donations-super-pac?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Trump Leads Harris by 7%, Wins Majority of Swing States, Polymarket Betting Shows
According to recent Polymarket data, former President Donald Trump is ahead of Vice President Kamala Harris by seven percentage points as of Sept. 5, 2024. Polymarket’s betting on six key swing states shows Trump leading in four, including Arizona, Georgia, Pennsylvania, and Nevada. Trump Holds 7% Lead Over Harris on Polymarket, General Polls Show a […] Source: https://news.bitcoin.com/trump-leads-harris-by-7-wins-majority-of-swing-states-polymarket-betting-shows/
BTC price rides US jobs miss amid warning Bitcoin could retest $49.5K
Bitcoin fails to halt a low-timeframe BTC price decline for long as traders look to the week’s final US jobs data. Source: https://cointelegraph.com/news/btc-price-us-jobs-miss-warning-bitcoin-retest-49-5-k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Pepe Unchained Presale Sees Whale Activity as it Crosses $12M Line
The meme coin craze might not be over. Pepe Unchained (PEPU) has surged past the $12 million mark in its presale as investors pile in for discounted PEPU tokens. And with the project beginning to attract the attention of crypto whales, many believe PEPU’s launch later this year will be explosive. Pepe Unchained Attracts Enormous […] Source: https://news.bitcoin.com/pepe-unchained-presale-sees-whale-activity-as-it-crosses-12m-line/
Journeys: Robby Yung on Animoca’s Web3 investments, TON and the Mocaverse
Animoca CEO Robby Yung talks about his firm’s impressive investment portfolio and how he got into the Web3 industry. Source: https://cointelegraph.com/magazine/robby-yung-animoca-web3-investments-ton-mocaverse/?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin and Ethereum ETFs Record $74 Million in Outflows, Grayscale Funds Lead Losses
On Sept. 4, 2024, the 12 U.S. spot bitcoin exchange-traded funds (ETFs) saw $37.29 million in outflows, while their ethereum counterparts, the nine spot ether ETFs, experienced roughly $37.51 million in reductions. Grayscale’s GBTC and ETHE Lead Withdrawals Both bitcoin and ethereum ETFs saw money flowing out on Wednesday, with nearly identical divestments. According to […] Source: https://news.bitcoin.com/bitcoin-and-ethereum-etfs-record-74-million-in-outflows-grayscale-funds-lead-losses/
Binance-backed Bitcoin DeFi protocol Zest launches yield-bearing BTCz token
The Bitcoin halving has catalyzed a wave of interest in creating DeFi capabilities for Bitcoin, the world’s first blockchain network. Source: https://cointelegraph.com/news/binance-labs-zest-protocol-btcz-token-bitcoin-defi?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin Liquid Staking Comes to Zest Protocol on Stacks With BTCz
With staking becoming a reality for Bitcoin’s own layer-1, you’ll just as soon be able to trade liquid staking tokens on Bitcoin layer-2 networks. Zest Protocol, a Bitcoin decentralized finance (DeFi) service available on Stacks, announced the launch of BTCz on Thursday—a BTC equivalent that will earn yield for holders through the fast-rising Babylon staking system. “The BTC yield comes…
How Bybit’s liquid staking token boosts Solana ecosystem
Bybit launches bbSOL, a liquid staking token on Solana, enabling users to earn staking rewards while maintaining liquidity and maximizing returns. Source: https://cointelegraph.com/news/bybit-liquid-staking-token-boosts-solana-ecosystem?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound