In brief
Jack Dorsey's Block has released a new Bitcoin mining rig, aiming to disrupt the market.
The machine is supposed to cut costs for miners because it has swappable parts.
Dorsey…
Bitcoin’s performance in recent days has been nothing short of notable with an impressive rally. The leading cryptocurrency has managed to surge past $124,000 this week to register a new…
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After saying earlier Thursday that the United States would not purchase Bitcoin for its planned strategic reserve, Treasury Secretary Scott Bessent apparently had a change of heart, again leaving the…
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In brief
Bitcoin’s price fell Thursday following a hotter-than-expected PPI report.
Producer prices rose 0.9% in July, the largest monthly increase in over three years.
Traders abandoned the prospect of a 50-basis-point rate…
TeraWulf (WULF), has signed two 10-year high-performance computing (HPC) colocation agreements with AI cloud platform Fluidstack. The agreements lock in approximately $3.7 billion in contracted revenue, with potential to rise…
Bitcoin surged to a fresh all-time high of $124,500 just hours ago, but the celebration was short-lived as the price quickly retraced to the $121,500 level. The sudden pullback has…
In brief
U.S. Treasury Secretary Scott Bessent said Thursday that the U.S. government will not be buying additional Bitcoin to supplement reserves of the token acquired via law enforcement seizures.
For months,…