The provider of digital asset mining services is growing its portfolio of self-operated mining machines and data centers as high crypto prices fuel strong revenue and earnings gains Key Takeaways: BitFuFu’s revenue grew 63% in 2024, as its annual net profit surged more than fivefold The provider of digital asset services is benefitting from the…

Bitcoin price held steady above $80,000 as crypto and stock investors remained cautious ahead of Donald Trump’s Liberation Day tariff speech. Bitcoin (BTC) was trading at $84,500, up 10% from its March low. Meanwhile, U.S. stock market futures pointed lower, with the Dow Jones and Nasdaq 100 dropping by over 300 points. Trump Liberation Day…

Major cryptocurrency asset manager Grayscale Investments announced two new Bitcoin outcome-oriented exchange-traded funds (ETFs). According to an April 2 announcement, the new products are the Grayscale Bitcoin Covered Call ETF (BTCC) and the Grayscale Bitcoin Premium Income ETF (BPI). According to an email sent to Cointelegraph, the two new Bitcoin (BTC) funds are meant to…

What’s going on here? DMG Blockchain Solutions mined 32 bitcoins in March, up from 27 in February, while enhancing its eco-friendly bitcoin ecosystem with upgraded equipment and new AI alliances. What does this mean? DMG Blockchain Solutions is making notable progress in the cryptocurrency mining arena. Although it faced setbacks reaching a 2.1 exahash per…

Major cryptocurrency asset manager Grayscale Investments announced two new Bitcoin outcome-oriented exchange-traded funds (ETFs). According to an April 2 announcement, the new products are the Grayscale Bitcoin Covered Call ETF (BTCC) and the Grayscale Bitcoin Premium Income ETF (BPI). According to an email sent to Cointelegraph, the two new Bitcoin (BTC) funds are meant to…

GameStop looks to join the ranks of public firms that hold Bitcoin. The video game retailer completed a debt raise to fund its investment plan. Bitcoin is down more than 20% this year. GameStop just raised $1.5 billion via a convertible note offering and has earmarked the funds to acquire Bitcoin. The move comes after…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Metaplanet has purchased an additional 160 Bitcoin worth $13.39 million, pushing its total holdings to 4,206 BTC, according to Metaplanet CEO Simon Gerovich. The Japanese company paid about 12.49 million yen ($80,063) per Bitcoin in this latest acquisition, according to a statement released…

Alabama lawmakers have introduced legislation to allow the state to invest public funds in Bitcoin.  The latest proposal, Senate Bill 283, was filed this week by Sen. April Weaver as a companion to House Bill 482, which was introduced in March. The legislation would permit the state to allocate up to 10% of its public…

Killeen, founder and managing partner of Stillmark, the first Bitcoin-focused venture capital firm, has been in the crypto and Bitcoin ecosystem since 2013. She sees institutional engagement today as a reflection of the asset’s evolution. Additionally, she believes that Bitcoin, unlike the broader crypto space, now has the consistency and security required by pension boards.…

Crypto asset manager Grayscale has listed two new exchange-traded funds (ETFs) that offer investors a differentiated source of income through bitcoin’s (BTC) characteristic volatility. The two New York Stock Exchange-listed funds will start trading on Wednesday. The Bitcoin Covered Call ETF (BTCC) and Bitcoin Premium Income ETF (BPI) offer covered call writing strategies, which involves…