Bitcoin’s mining infrastructure has evolved into an energy-consuming giant, requiring over 33 gigawatts of power to maintain block production even as network transaction activity drops to its lowest point in nearly two years, according to a recent analysis from GoMining Institutional. The GoMining Q2 2025 analysis indicates that Bitcoin’s mining power consumption surged from 15.6…
The Trump administration has renewed its commitment to building a Strategic Bitcoin Reserve despite scant mention in its latest official digital asset report. Bo Hines, head of digital assets at the White House, confirmed the plan is operational: “We have it, it’s been established.” Though exact holdings remain undisclosed, the U.S. government currently controls an…
With original crypto Bitcoin trading just 3.5% down from its recent all-time high (ATH) price of $122,838 just over two weeks ago, hopes are running high for a new bull run to eclipse the famous 2021 gold rush. This prolonged period of optimism has helped drive growth among several prominent altcoins and some of the…
John Woeltz, one of two men accused of torturing a crypto investor and holding him hostage in New York City back in May, was released on $1 million bail, a Thursday report from TMZ states. John Woeltz Released On $1 Million Bail According to a July 31 report, Woeltz was released Thursday after Judge Gregory…
House Committee on Financial Services Chairman French Hill (R-AR) is urging the Senate to pass key digital asset legislation in a July 30 statement from the congressman following the White House’s publication of its long-awaited digital assets report. French Hill Urges Senators To Advance Crypto Market Structure Legislation According to the Wednesday statement, Hill is…
Bitcoin heavyweight Strategy has launched a fresh $4.2 billion at-the-market (ATM) equity program for its STRC preferred shares, deepening its commitment to an aggressive equity-to-Bitcoin acquisition strategy. The filing, submitted to the SEC and announced late Thursday, follows the company’s strongest quarterly performance on record and comes amid a sharp expansion of its Bitcoin treasury….
A fresh wave of capital is flooding into altcoins as Bitcoin trades near $120,000. According to a new CryptoQuant report, several key indicators are pointing to a possible “altseason,” a period when alternative cryptocurrencies outperform Bitcoin. Bitcoin dominance, which measures BTC’s market share, has dropped sharply. The metric fell by over 6.3% in recent weeks…
Securities and Exchange Commission (SEC) Chairman Paul Atkins announced the launch of “Project Crypto” on July 31, a comprehensive initiative designed to modernize securities regulations and allow America’s financial markets to move on-chain. The announcement came during a speech at the America First Policy Institute, where Atkins outlined plans to bring crypto asset distributions back…
Stablecoin giant Tether has released its Q2 2025 attestation, revealing $127 billion in holdings of U.S. Treasuries and a net profit of $4.9 billion for the quarter. The report, completed by global accounting firm BDO, confirms the company’s asset backing for its USDT stablecoin and shows continued momentum in Tether’s global expansion. As of June…
The crypto market enters August 2025 with traders debating whether a muted altcoin season is underway. While the Altcoin Season Index sits below 40, suggesting Bitcoin dominance remains strong, selective altcoins are showing renewed traction. Three tokens stand out in this cycle: Cardano, Dogwifhat, and Fartcoin. Each reflects a different strand of the current rotation,…