CleanSpark mined 445 bitcoins last month, up from 417 bitcoins mined in May. The Bitcoin miner said it had surpassed its annual target of 20 exahashes per second (EH/s) in operational hashrate. Acquisition of 5 new Bitcoin mining sites In Georgia.The company sold 8.06 bitcoins in June, at an average price of about $67,514 per bitcoin. press release. The average hash rate for the month was 17.85 EH/s.“Hash rate surpassing 20 EH/s is more than double our December hash rate,” said CEO Zach Bradford. “While our peers are exploring other revenue streams, we are focused on delivering results and increasing…
Author: Crypto Flexs
Read More
Robinhood, the popular investment platform known for its mission to democratize finance, has announced the acquisition of Pluto Capital, an AI-based investment research firm. This strategic acquisition is poised to significantly enhance Robinhood’s service offering by integrating advanced artificial intelligence (AI) technology aimed at providing users with personalized investment strategies, sophisticated data analysis tools, and real-time financial insights. The acquisition was officially announced on Monday, making headlines in the financial technology industry. Jacob Sansbury, founder and CEO of Pluto Capital, will join Robinhood as part of the deal. Sansbury is expected to play a key…
More than half of the top U.S. hedge funds have disclosed exposure to a newly launched spot bitcoin (BTC) exchange-traded fund (ETF) in just over a year, as BTC/USD has significantly outperformed major stocks and indices.One hedge fund invested 2.5% of its portfolio in Bitcoin.According to data from investment firm River, 13 of the top 25 U.S. hedge funds held Bitcoin ETFs by the end of Q1 2024. Notable among them was Millennium Management, which held 27,263 BTC, worth $1.69 billion, or about 2.5% of its $67.7 billion in assets under management.Bitcoin ETF exposure across the top 25 hedge funds…
The approval of a spot Bitcoin exchange-traded fund (ETF) in the United States has caused a major shift in the cryptocurrency market, causing a significant surge in demand and fundamentally changing market dynamics. In our latest video, Cointelegraph talks to experts about the profound implications of this landmark event and the prospects for more ETF approvals in the United States.“It’s not really just about the U.S. market,” said Ophelia Snyder, co-founder of 21Shares. “If you remove the major risk of what U.S. regulators are going to do with bitcoin, it changes the risk-return profile of the asset,” she added. Shortly…
Aave’s decentralized autonomous organization is launching the GHO stablecoin on the Arbitrum blockchain as part of itsCross-chain expansion strategy.””teaMulti-collateral stablecoins built into the Aave protocol will leverage industry standards. Chainlink Cross Chain Interoperability Protocol (CCIP) “We will roll out gradually, starting with Arbitrum as our first network and expanding to other networks over time,” the statement reads.The GHO stablecoin, native to the Aave protocol, is fully backed and transparent by the Aave DAO, which manages the token supply. Assets available within the Aave protocol can also be used to back GHO. Almost a year ago, ghost We have activated a…
Binance, one of the world’s leading cryptocurrency exchanges, has announced that it will be adding new trading pairs and trading bot services to its Binance Spot platform starting from July 3, 2024 at 14:00 (UTC). According to Binance, this move aims to expand the trading options and improve users’ trading experience. New trading pairs The newly introduced trading pairs include WIF/BRL, ZK/USDC, and ZRO/USDC. These pairs will be available for trading from the specified date and time. Binance will Legal tender It does not mean any other digital currency. Trading bot service In addition to…
HashKey Group’s airdrop campaign has started. The company plans to distribute millions of its platform tokens, HSK. HSK is based on the ERC-20 standard. HashKey Group announced on Tuesday the launch of a community airdrop for its platform token, HSK. Based on the ERC-20 standard, the HSK token is designed to provide holders with a variety of benefits, including transaction fee discounts, community rewards, cross-platform ecosystem collaboration, exclusive token pre-sale rights, and business growth activities at HashKey Global. HashKey announced last month that HSK will supply a total of 1 billion tokens, of which 65% will be allocated to ecosystem…
Bitcoin (BTC) was focused on $63,000 on July 2, amid macro liquidity changes.BTC/USD 1-hour chart. Source: TradingViewBitcoin Analyst on Global Liquidity: “You Like to See It”According to data from Cointelegraph Markets Pro and TradingView, the BTC price moved to solidify its bullish momentum and hit a monthly close.Despite the overall failure to break above key resistance levels above $64,000, Bitcoin traders have been rekindling their optimism as July begins.“Bitcoin resumes its uptrend,” popular trader and analyst Rekt Capital summarized in one of several news posts on X (formerly Twitter).BTC/USD chart. Source: Rekt Capital/XRekt Capital highlighted the monthly close as a…
Sentient, an open source artificial intelligence development platform polygon Matic +1.48% Sandeep Nailwal, co-founder and one of the key contributors, raised $85 million in a startup funding round.Sentient said Tuesday that Peter Thiel’s Founders Fund, Pantera Capital, and Framework Ventures co-led the massive round. Other investors in the round include Ethereal Ventures, Robot Ventures, Symbolic Capital, Delphi Ventures, Hack VC, Arrington Capital, HashKey Capital, Canonical Crypto, and Foresight Ventures.Nailwal told The Block that Sentient began raising seed funding in March of this year and closed in May. He declined to comment on the structure or valuation of the round. Nailwal…
Binance, the world’s largest cryptocurrency exchange by trading volume, has announced that 11 altcoins could be delisted. On Monday, Binance expanded its “monitoring tags” for Balancer (BAL), Cortex (CTXC), PowerPool (CVP), Convex Finance (CVX), Dock (DOCK), Kava Lend (HARD), IRISnet (IRIS), MovieBloc (MBL), Polkastarter (POLS), Status (SNT), and Sun (SUN). Binance says tokens with monitoring tags are more volatile and risky than other crypto assets. The exchange monitors and conducts “regular reviews” of tokens with tags. Binance says: “Please keep in mind that tokens with monitoring tags may no longer meet the listing criteria and are at risk of being…