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CleanSpark, the US Bitcoin mining company, revealed it now holds 10,097 Bitcoin, making it the fourth publicly listed miner to hold more than 10k BTC. The company follows MARA Holdings, Riot Platforms, and Hut 8 Mining among leading Bitcoin miners holding over 10,000 Bitcoin. This represents a 236% year-over-year growth in CleanSpark’s Bitcoin-denominated treasury, which CEO Zach Bradford attributed to the company’s more efficient and responsible scaling on January 9. Bradford also highlighted that all Bitcoins were mined in the US, contributing to the American energy system and workforce and supporting the global Bitcoin ecosystem. CleanSpark, a Bitcoin mining company based in the United States, has recently mined more than 10,000 BTC in its treasury. pic.twitter.com/shliE9ySFf — CryptoMutant (@CryptoMutant) January 10, 2025 The three other big miners—MARA Holdings, Riot Platforms, and Hut 8 Mining—possess over 10,000 Bitcoin, according to the Bitc...

Michael Saylor, an active BTC proponent, is once again echoing calls to buy Bitcoin. In one of Saylor’s recent interviews, the former CEO of Microstrategy was noted giving a new, compelling Analysis on why the United States should dump its gold and invest in Bitcoin, a move that would help America become the new superpower in all sorts of ways and mannerisms. Also Read: Ripple: New Price Analysis Claims XRP To Hit $8, Here’s How? A New Financial Anatomical Structure To Emerge? Source – CryptoSlate Michael Saylor is an ardent Bitcoin enthusiast. He is known exclusively for his firm adoration for BTC, and he leaves no stone unturned to promote Bitcoin proceedings on the global front. Saylor was recently documented stating Bitcoin facts in a new interview, commenting on how the era of Trump presidency is transformative for the domain of Bitcoin. The former CEO of Microstrategy was quick to suggest how the US must dump their gold to invest in BTC, due to the array of benefits the cr...

Here, we look at the current state of cryptocurrency regulations and talk to experts on what to expect in 2024. As we step into the new year, analysts expect to see a surge in regulatory clampdowns in the crypto space. The rules will expand to cover anti-money laundering and counter-terrorist financing risks, the conduct of companies operating in the crypto space, and supervisory actions concerning token sales. In the U.S., the tempo of regulatory actions shows no signs of abating; likewise, the UK has introduced a set of rules equating the sale of crypto tokens to that of traditional financial products. Similarly, the European Union (EU) is set to become the first significant global jurisdiction to formally enact a broad suite of laws and regulations governing the crypto sector in 2024.  The Markets in Crypto Assets Regulation, or MiCA, aims to establish uniform EU crypto regulation and provide legal certainty for digital assets beyond the scope of current EU financial servic...

Binance, one of the world’s leading crypto exchanges, has seen its average daily trading volume s plunge below $10 billion in recent weeks, a 60% decline from average s between $20-30 billion last year. The US is seeking $4bn from #Binance to end its case. Daily trade volume on the exchange has fallen to under $10bn/day, down from $20-30bn. pic.twitter.com/PwZaSHpJA2 — Kaiko (@KaikoData) November 20, 2023 The drop comes as Binance is under intense regulatory scrutiny and slapped with a $4 billion penalty from the U.S. Department of Justice (DOJ) as a settlement for all allegations involving violation of federal security laws. According to blockchain data analytics platform Kaiko, Binance facilitated most of its 2022 trading volumes by offering zero-fee transactions. The freewheeling model was halted early this year but has not prevented trading activity from contracting. Amid intense legal scrutiny from the U.S., volume s have been evaporating even without charges b...

Bitcoin starts the week with a trip to $26,000 — can BTC price strength overcome sellers and a weekly “death cross?” Bitcoin (BTC) starts the last week of September with a retest of $26,000 as a stubborn range persists. An unimpressive weekly close sets the tone for the culmination of a traditionally lackluster month for BTC price action. Having shaken off a hectic week of macroeconomic events, Bitcoin has plenty more to weather before September is over. United States gross domestic product figures for Q2 will come on Sept. 28, with Personal Consumption Expenditures (PCE) data following the day after. The highlight, however, will likely come in the form of a speech from Jerome Powell, chair of the Federal Reserve, a week after it opted to hold U.S. interest rates at current elevated levels. Inflation remains a major talking point into Q4, and Bitcoin still lacks direction as week after week goes by without a clear upward or downward trend emerging. Will this week be different? The cou...

Also Read: Bitcoin Reaches 3 Year High In Key Metric; BTC Price To $40K Next? advertisement Ron DeSantis Bitcoin Declaration Recent reports suggested that DeSantis is set to accept crypto donations for his campaign, following another presidential candidate Robert F. Kennedy Jr’s announcement on accepting campaign donations in Bitcoin . In this context, the presidential candidate published a report with a set of promises the Declaration of Economic Independence, in which he stated the following: If elected, DeSantis will ensure that the Federal Reserve does not implement a central bank digital currency. DeSantis will block any attempts to establish a CBDC or any other policies that will move us closer to a social credit system. The candidate promised he will protect entrepreneurship from central planners in the context of Washington’s attempts to regulate and inhibit innovation such as Bitcoin and other new technologies. DeSantis will protect crypto...

Also Read: Binance LUNC Burn Drops Below One Billion For The First Time, Community Reacts advertisement Clayton’s comment comes at a jubilant time in the Crypto Market , where the chances of getting the first ever spot Bitcoin ETF got better thanks to the recent court judgment granting approval to Grayscale’s motion to allow the conversion of its GBTC Bitcoin Trust into a spot ETF. However, the Bitcoin price is yet to show signs of bullish trend over the development. Spot ETF “Approval Is Inevitable” The former SEC Chair said the approval of spot ETF is inevitable in the current circumstances, as the large financial institutions like Blackrock, Fidelity and Ark Invest have grown confidence in cash trading in relation to the crypto assets. He said the companies have cleared the air around fears that the trading was manipulative. Clayton added, “It is clear that Bitcoin is not a security. It is something that retail investo...

Robinhood is steadily climbing the ranks in the crypto game as it owns the world’s third-largest Bitcoin wallet. It is evident that Robinhood is on the path of growth, and there is no going back. The acquisition of these shares comes after Robinhood announced in February 2023 that they will pursue acquiring the shares in the possession of the U.S. government. advertisement Also Read: Bitcoin Whales Back in Action, Did Robinhood Buy $3B Worth of BTC? What Are The Shares That Robinhood Will Buy From USMS? The U.S. government acquired 55 million Robinhood stock, classified as Class A common stock, after Sam Bankman Fried filed for the infamous crypto exchange FTX’s bankruptcy. Initially, the shares were registered under Emergent Fidelity Technologies, owned by Sam Bankman Fried and FTX co-founder Gary Wang.  According to the official  filing  with the Securities and Exchange Commission (SEC), “The sale of the Shares was...

Also Read: MATIC Price Launches Bid for $1.2 With This Massive Protocol Upgrade advertisement Upcoming Spot Bitcoin ETF Deadlines For US SEC The iShares Bitcoin Trust filing by Blackrock is set for the September 2, 2023 deadline, whereas the Bitwise Bitcoin ETP Trust filing is set for September 1, 2023. Besides these, four other filings have September 3, 2023 as the first deadline whereas the Valkyrie Bitcoin Fund is set for September 6, 2023. Meanwhile, a new applicant has recently joined the spot Bitcoin ETF race. Earlier, Hashdex, a crypto asset management firm, filed an application for holding spot Bitcoin in its Bitcoin futures ETF. All of the spot # Bitcoin ETF filings have been resubmitted The ball is back in the SEC’s court 👀 pic.twitter.com/H3GCrFPUYb Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List ...