Canaan Inc., a leading blockchain hardware manufacturer, introduced its latest Bitcoin mining devices, the Avalon Mini 3 and Avalon Nano 3S, at CES 2025 in Las Vegas. These innovations aim to make cryptocurrency mining more accessible while offering added...
A recent survey by News1 indicates that South Korean cryptocurrency investors have again shown a strong preference for Bitcoin, which remains the most preferred digital asset, with Ripple (XRP) now in second place, surpassing Ethereum (ETH). The survey was...
Thailand's Provincial Electricity Authority (PEA) has closed a Bitcoin mining operation for illegally tampering with power meters to steal electricity worth hundreds of millions of baht. Collaborating with the Crime Suppression Division, the PEA raided a Phanat Nikhom, Chonburi...
Bitcoin miners in the U.S. are accumulating cryptocurrency to cope with narrow profit margins and increasing competition for resources, according to a report from the Financial Times. Companies like Marathon Digital, Riot Platforms, and CleanSpark have raised over $3.7...
While Bitcoin’s rise has undoubtedly created immense wealth, the distribution of that wealth raises significant questions about who truly benefits from its perpetual price growth—and at what cost. For many, Bitcoin was initially seen as an inclusive financial tool,...
Evgeny Shatov, a partner at London-based venture capital firm Capital Lab, predicted that Bitcoin's current bullish run is nearing its conclusion as the market prepares for a shift toward altcoins. In an interview with Russian media outlet Izvestia, Shatov...
Franklin Templeton, a prominent Bitcoin exchange-traded fund (ETF) issuer, has forecasted a rise in sovereign adoption of Bitcoin as a strategic reserve asset in 2025. In its latest digital assets outlook published on December 30, the company predicted that...
Hong Kong lawmaker Wu Jie has called on the region’s government to explore the possibility of including Bitcoin in its fiscal reserves, according to a local media report. The report revealed that Wu suggested the Hong Kong Special Administrative...
MicroStrategy has continued its aggressive Bitcoin acquisition streak, announcing the purchase of an additional 2,138 BTC for $209 million. The company revealed in a press release that it acquired the cryptocurrency at an average price of $97,837 per Bitcoin....
Japanese investment firm Metaplanet has announced its largest Bitcoin acquisition to date, purchasing 619.7 BTC for just under $60 million. Per data from Bitbo, this purchase, revealed in an announcement on December 23, nearly quadrupled the firm’s previous record...
