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Revival of Dormant Bitcoin Wallets: Over $14 Million in BTC Transferred from Inactive Addresses

Benito Cormi2 years ago2 min read

Inactive Bitcoin Holdings Transact $14 Million from 2013 and 2017 Wallets Last weekend, there was movement in the crypto world as 333.99 BTC, worth $14 million,…

Potential Late Entry by Charles Schwab Poised to Disrupt Bitcoin ETF Market, Say Analysts

Benito Cormi2 years ago3 min read

Charles Schwab Rumored to Enter Bitcoin ETF Market Speculation is growing that Charles Schwab, the multinational financial services corporation, is planning to introduce its own spot…

Recovery of Bitcoin’s Hashrate Signals Miners’ Attention towards Upcoming Difficulty Adjustment

Benito Cormi2 years ago3 min read

Bitcoin’s Hashrate Bounces Back After Cold Spell in Texas Bitcoin’s cumulative hashrate experienced a decline in mid-January due to miners pausing operations during a severe cold…

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

Benito Cormi2 years ago2 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 Cormi2 years ago2 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 Cormi2 years ago2 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 Cormi2 years ago3 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 Cormi2 years ago2 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 Cormi2 years ago2 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.…

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