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Marathon Digital Holdings Acquires $249 Million in Bitcoin
Marathon Digital Holdings Acquires $249 Million in Bitcoin
Bitcoin  •  Business  •  Aug 15, 2024 by Deniz Saat

Marathon Digital Holdings, a leading publicly traded Bitcoin mining company, recently expanded its Bitcoin holdings with a $249 million purchase, bringing the total to over 25,000 Bitcoin, valued at approximately $1.5 billion. On August 12th, the company announced a $250 million convertible note offering, which was increased to

Goldman Sachs Has More Than $400 Million Invested in Spot Bitcoin ETFs
Goldman Sachs Has More Than $400 Million Invested in Spot Bitcoin ETFs
Bitcoin  •  Business  •  Aug 14, 2024 by Deniz Saat

Goldman Sachs disclosed $418 million in spot Bitcoin ETF holdings, reflecting a rising institutional interest in Bitcoin.  In their recent quarterly filing, the investment bank detailed its holdings across seven different U.S. Bitcoin ETFs, with the largest being nearly $240 million in BlackRock's iShares Bitcoin Trust (IBIT)

Tether-Backed Blackrock Neurotech Restores ALS Patient's Voice with Brain-Computer Interface
Tether-Backed Blackrock Neurotech Restores ALS Patient's Voice with Brain-Computer Interface

In a significant advancement in medical technology, a patient with amyotrophic lateral sclerosis (ALS) has regained the ability to communicate using a text-to-speech brain implant developed by Blackrock Neurotech.  This milestone highlights the potential of brain-computer interface (BCI) technology to transform the lives of individuals affected by severe neurological conditions.

Bitcoin  •  Business  •  Aug 16, 2024
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Tether-Backed Blackrock Neurotech Restores ALS Patient's Voice with Brain-Computer Interface
Tether-Backed Blackrock Neurotech Restores ALS Patient's Voice with Brain-Computer Interface

In a significant advancement in medical technology, a patient with amyotrophic lateral sclerosis (ALS) has regained the ability to communicate using a text-to-speech brain implant developed by Blackrock Neurotech.  This milestone highlights the potential of brain-computer interface (BCI) technology to transform the lives of individuals affected by severe neurological conditions.

Bitcoin  •  Business  •  Aug 16, 2024
Marathon Digital Holdings Acquires $249 Million in Bitcoin
Marathon Digital Holdings Acquires $249 Million in Bitcoin

Marathon Digital Holdings, a leading publicly traded Bitcoin mining company, recently expanded its Bitcoin holdings with a $249 million purchase, bringing the total to over 25,000 Bitcoin, valued at approximately $1.5 billion. On August 12th, the company announced a $250 million convertible note offering, which was increased to

Bitcoin  •  Business  •  Aug 15, 2024
Goldman Sachs Has More Than $400 Million Invested in Spot Bitcoin ETFs
Goldman Sachs Has More Than $400 Million Invested in Spot Bitcoin ETFs

Goldman Sachs disclosed $418 million in spot Bitcoin ETF holdings, reflecting a rising institutional interest in Bitcoin.  In their recent quarterly filing, the investment bank detailed its holdings across seven different U.S. Bitcoin ETFs, with the largest being nearly $240 million in BlackRock's iShares Bitcoin Trust (IBIT)

Bitcoin  •  Business  •  Aug 14, 2024
Tether Responds to $2.4 Billion Lawsuit Filed by Celsius Network
Tether Responds to $2.4 Billion Lawsuit Filed by Celsius Network

On August 9th, 2024, Celsius Network Limited, through the Blockchain Recovery Investment Consortium, LLC, filed a lawsuit against Tether Limited and certain affiliated entities in the United States Bankruptcy Court for the Southern District of New York.  Tether Will Defend Itself Against “Shake Down” Litigation Commenced by Celsius Learn more:

Bitcoin  •  Business  •  Aug 10, 2024
Spot Bitcoin ETFs Record Highest Inflows in the Last Two Weeks
Spot Bitcoin ETFs Record Highest Inflows in the Last Two Weeks

Bitcoin spot ETFs experienced their largest inflows in over two weeks on August 8th, 2024, totaling $192.5 million. This followed a decline in Bitcoin's price below $50,000 earlier in the week, which occurred amid a broader global market downturn. These inflows contributed to Bitcoin's

Bitcoin  •  Business  •  Aug 09, 2024
Robert F. Kennedy Jr. Outlines His Bitcoin Strategy for Day One as U.S. President
Robert F. Kennedy Jr. Outlines His Bitcoin Strategy for Day One as U.S. President

As the world navigates through a recession, Robert F. Kennedy Jr. finds himself increasingly on the political fringes. As an outsider, he lacks the mainstream credibility of established candidates, suitable only in stable times. However, with less than three months to the final vote, he could still surprise as the

Bitcoin  •  Politics  •  Aug 08, 2024
Putin Approves Legislation Legalizing Bitcoin and Crypto Mining in Russia
Putin Approves Legislation Legalizing Bitcoin and Crypto Mining in Russia

Russian President Vladimir Putin has signed a new law legalizing Bitcoin and cryptocurrency mining in Russia, according to a report by Russian news agency TASS.  The legislation defines terms such as digital currency mining, mining pools, and mining infrastructure operators.  Mining activities are now classified as part of financial turnover,

Bitcoin  •  Economy  •  Aug 08, 2024
Subsidiary of Standard Chartered Introduces Bitcoin ETFs Trading
Subsidiary of Standard Chartered Introduces Bitcoin ETFs Trading

Mox, a virtual bank under Standard Chartered, has launched Bitcoin and cryptocurrency exchange-traded fund (ETF) trading on its investment platform.  This makes Mox the first virtual bank in Hong Kong to provide Bitcoin and crypto investment products. On August 7th, Mox introduced ETFs that track Bitcoin, featuring both spot Bitcoin

Bitcoin  •  Markets  •  Aug 07, 2024
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