Author page: minercrypto

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minercrypto

3 articles published

Bitcoin and ETF traders are overstating the impact of GBTC selling

Uncategorized18 January 2024712Views 1Like 2Comments

Grayscale GBTC outflows find a counterpart in net inflows to the remaining spot Bitcoin ETF funds. Here’s why it’s important. The spot Bitcoin BTC $42,625 exchange-traded fund (ETF) instrument debuted on Jan. 12. The first trading session was somewhat chaotic as investors had no clue as to what the actual inflow was, and the market makers themselves…

Here’s what happened in crypto today

Uncategorized18 January 2024271Views 1Like 0Comments

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. VanEck has announced it will soon delist its futures Bitcoin BTC $42,596 exchange-traded fund (ETF). Meanwhile, ProShares filed for five Bitcoin ETFs with indirect exposure to BTC.…

Marathon gears up for Bitcoin halving, buys two mining sites for $179M

News14 August 20222KViews 19565KLikes 2Comments

Marathon Digital will pay $178.6 million for two mining data centers as it looks to increase its capacity ahead of the Bitcoin mining reward halving in 2024. Marathon announced on Dec. 19 that it will acquire two operational Bitcoin BTC$42,512 mining sites from Generate Capital, totaling 390 megawatts of capacity. Marathon’s Bitcoin mining portfolio currently consists…