Bernstein: Bitcoin’s Price Will Reach $200,000
Bernstein analysts have given an outperform rating to Core Scientific and IREN, two companies that combine Bitcoin mining and AI data center strategies.
Bitcoin Transaction Fees Fall to Lowest Level in 4 Years
On July 7, the average fees for processing Bitcoin transactions reached their lowest point in four years, with a reported value of $38.69.
BitMEX Pleads Guilty to US Bank Secrecy Act Violation
US Department of Justice officials have announced that cryptocurrency exchange BitMEX has pled guilty to violating the Bank Secrecy Act.
Bank of Italy Will Publish Crypto Guidelines in a Few Days
The central bank of Italy will release in the coming days guidelines on how to implement the new European Union regulations regarding cryptocurrencies.
Crypto Miner TeraWulf Pays Off Outstanding Debt
Crypto mining company TeraWulf announced on July 9 that it has paid off its debt sooner than expected with a final payment of $77.5 million.
Bitcoin Mining Firm Hut 8 Expands Capacity in Texas
Canadian Bitcoin mining company Hut 8 has recently announced a power purchase agreement for a site in West Texas that provides 205 megawatts of available power.
Australia’s ASX Will List Another Spot Bitcoin ETF
DigitalX, a blockchain-focused asset management firm, has received regulatory approval to launch a spot Bitcoin exchange-traded fund (ETF) on the Australian Securities Exchange (ASX).
