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Potential Doubling of Energy Consumption in 2026 due to Cryptocurrency, AI, and Data Centers

Benito CormiJan 27, 20242 min read

The Anticipated Growth in Energy Consumption from Crypto, AI, and Traditional Data Centers As per the International Energy Agency (IEA), the energy consumption from traditional data…

BlackRock and Fidelity Control 70% of Total Holdings as 9 Newly Launched ETFs Accumulate 132,170 BTC

Benito CormiJan 26, 20242 min read

Grayscale’s GBTC Sees Significant Bitcoin Outflow In the past 24 hours, Grayscale’s GBTC has experienced another major bitcoin outflow. A total of 10,871.56 bitcoin, valued at…

Seized Bitcoin Worth $116 Million from Darknet Dealer ‘Xanaxman’ to Be Sold by US Government

Benito CormiJan 26, 20242 min read

U.S. Government Plans to Sell 2,933.64 Bitcoins Confiscated from Drug Trafficker The U.S. government’s forfeiture division has announced its intention to sell 2,933.64 bitcoins that were…

BTC Analysis: Bitcoin Surges Past $41K Level After Temporary Consolidation

Benito CormiJan 26, 20243 min read

The Current State of Bitcoin Currently, the price of bitcoin is at $41,106, showcasing a 3% gain in the past day. However, when considering a wider…

Swan introduces covert mining operations to target 8 EH/s by 2024 amidst industry growth

Benito CormiJan 25, 20242 min read

Swan Bitcoin’s Covert Mining Operations and Hashpower Expansion Swan Bitcoin, a Los Angeles-based firm specializing in bitcoin-centric financial services, has recently unveiled its covert bitcoin mining…

Canaan, a Leading Manufacturer of Bitcoin Mining Rigs, Secures $50 Million via Sale of Preferred Shares

Benito CormiJan 25, 20242 min read

Canaan Secures $50 Million Through Sale of Preferred Shares Canaan, a publicly traded manufacturer of bitcoin mining rigs, has revealed in a filing with the U.S.…

Grayscale’s GBTC Sells $527M in Bitcoin amid Decreased Trading Volumes for Spot ETFs; Other Funds Still Accumulate BTC

Benito CormiJan 25, 20242 min read

Spot Bitcoin ETFs Experience Lowest Volume Since Jan. 11 According to the latest data, spot bitcoin exchange-traded funds (ETFs) had their lowest trading volume day since…

Leading the Path: First US Bitcoin ETF by Bitwise Publicly Reveals Wallet Address

Benito CormiJan 24, 20242 min read

Bitwise Revolutionizes Spot Bitcoin ETF with Onchain Authentication Bitwise, a prominent digital asset manager, has made a groundbreaking move by becoming the first U.S. spot bitcoin…

Significant Outflow of 80,000 BTC from GBTC in 12 Days as Competing ETFs Accumulate 118,000 Bitcoin

Benito CormiJan 24, 20242 min read

Grayscale’s Bitcoin Trust Reduces Holdings According to data from Grayscale’s website, the Bitcoin holdings of their fund have decreased from 552,681.22 BTC on Tuesday to 536,694.93…

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